Forecasting Suite

The Condor Forecasting Suite is a financial planning and forecasting system built for biopharma R&D. It combines driver-based forecasting, dynamic scenario modeling, and Compass-powered budgeting in a single platform, designed for finance, accounting, and study teams that need visibility into trial spend and budget performance.

The suite covers use cases ranging from forecasting investigator grants to comparing vendor projections with actual spend. It offers portfolio-wide visibility, ERP integration, and AI-enabled data ingestion, allowing teams to adjust plans in real time and track spend against milestones.

Portfolio-Level Visibility

• Provides a unified dashboard showing every trial in context across the portfolio.
• Supports drill-down navigation from portfolio level to program level to individual line items.

Financial Planning and Forecasting

• Consolidates financial data into a single view to simplify the forecasting process.
• Supports real-time budget creation and adjustment aligned with trial progress.

Guided Forecasting and Scenario Modeling

• Supports "what-if" scenario modeling to assess how changes in enrollment, patient costs, or timelines affect study budgets and duration.
• Includes multi-variable scenario planning with the ability to forecast by region and cohort, add custom line items, and adjust activity drivers.

Budget vs. Actual Reporting

• Tracks planned versus actual spend across studies.
• Runs variance analyses to identify cost drivers, spot trends, and improve forecast accuracy.

Look-Back Analysis

• Compares past study performance against original plans.
• Supports refinement of future budgets and informs site and vendor negotiations.

Real-Time Reporting and Analytics

• Provides up-to-the-minute reporting through exportable dashboards and tables.
• Supports deeper analysis and broader visibility into financial performance.

Integrations and Data Unification

• Connects with ERP, EDC, CTMS, and vendor systems using SMART mapping and AI-enabled data ingestion.
• Accruals and actuals flow directly into forecasts via Condor Connect, maintaining alignment between spend and plan in real time.

The Forecasting Suite is part of the broader Condor platform, which also includes purpose-built accounting automation and benchmarking and analytics capabilities. It is designed for emerging and mid-sized biopharma, enterprise biopharma, MedTech, and CRO organizations.