Distil: AI Revenue Forecast

Develop by Shopify

$12.5-$24.99

/ Month

14 Days Free Trial

Predict future sales with AI revenue forecasting

Month-by-month projections

Year-end forecasts

Custom fiscal dates

Sales targets

Seasonal pattern detection

Automatic email sharing

About Distil: AI Revenue Forecast

Launched Oct 26, 2023

Built by Shopify

Address

151 O’Connor St, Ottawa, ON, ON, CA

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Description

Predict future sales and capitalise on seasonal trends with AI-driven revenue forecast dashboards.

Distil’s AI-driven Revenue Forecast turns your historical data and real-time sales into an instant, accurate revenue forecast for the upcoming months in this financial year and the next. Set your own financial year dates and sales targets. Then keep track month-by-month of changes in the sales projections in the dashboard, taking into account seasonal buying habits.

Month-by-Month Revenue Forecast
Year-end Projections for Current and Next Fiscal Year
Set Your Own Fiscal Year Dates and Sales Targets
AI Detection of Seasonal Buying Patterns
Share Forecast Automatically with Colleagues by Email

Pros

Instant, accurate revenue forecast using historical data and real-time sales
Allows setting of custom fiscal year dates and sales targets
Month-by-month tracking of sales projections
Incorporates seasonal buying patterns into forecasts
Year-end revenue projections for current and next fiscal year
Automatic sharing of forecasts via email

Cons

Requires access to historical sales data for accurate forecasts
Accuracy can be impacted by significant unpredicted changes in the market
Limited customization options for dashboard views and reports
Potential for over-reliance on AI forecasts without proper oversight
May require training or a learning curve to fully utilize features

Top Helpful Reviews

Red Equipment - UK

Nov 27, 2023 on Shopify

We've been using this app for a couple of months now and also have the more in-depth product forecasting element which we are finding invaluable to help better understand where we are seeing spikes in products sales and helping us improve our ordering so we have the right volumes available at the right time of year. This also helps us move product between storage units so it's close to hand when required. Really impressed with the level of data it gives us access to and great from a reporting perspective to investors and board members.

ChiroKit

Nov 01, 2023 on Shopify

I run a reasonably young store (1 year old) and have found it difficult trying to forecast growth (also time consuming), but this app solved that problem - it does it for me. It's very useful being able to track progress against forecast rather than it changing. It's good to see that I've exceeded forecast and that the App displays its intelligence by updating future forecasts. Others have one forecast for the year that doesn't change based on real trading. Smart UX too - well worth the money.