How Do Locked Forecasts Work in FLYR Hospitality, and How Can I Manage and Troubleshoot Them?
Locked forecasts in FLYR Hospitality are a critical feature for managing and analyzing forecast and budget data. This article explains the differences between locked and rolling forecasts, how to manage AI-generated forecasts, and how to troubleshoot visibility issues in Insights.
Overview of Forecast Types: Locked vs. Rolling
Locked Forecasts: These are finalized versions of your forecast data. Once locked, the forecast values remain static and are not automatically updated by AI. Locked forecasts are the versions pushed to Business Intelligence (BI) tools like Insights for reporting purposes.
Rolling Forecasts: These are dynamic and can be updated with new data or AI-generated predictions. Rolling forecasts are not automatically reflected in Insights unless locked.
Managing AI-Generated Forecasts
Populating and Locking AI Forecasts: - Open the Rolling forecast view. - Apply the AI Forecast to populate the forecast values. - Lock the forecast by selecting the appropriate option (e.g., via a menu or button). - Note: The locked forecast will not be automatically updated by AI. To maintain AI-based data, repopulate the forecast with the AI Forecast before locking or re-lock after updating.
Visibility in Insights: - Selecting the user forecast in Insights will display your locked forecast values. Some dashboards allow filtering between AI and user forecasts at the dashboard level.
Troubleshooting Forecast Visibility in Insights
If your locked forecast or budget numbers are not appearing correctly in Insights, follow these steps:
Ensure you are viewing the locked versions rather than the rolling versions in the Planning section. Only locked versions are pushed to BI/Insights.
Update your dashboard to the latest release that includes On-The-Books (OTB) data in the Forecast and Budget topic. Verify that your dashboard tiles reference these updated topics appropriately.
Best Practices for Forecast and Budget Data Handling
Always lock forecasts that you want to use for reporting in Insights.
Regularly update your dashboards to ensure compatibility with the latest data and features.
Use AI-generated forecasts as a starting point, but remember to lock them to finalize the data for reporting.
By understanding and following these guidelines, you can effectively manage your forecast data and ensure accurate reporting in FLYR Hospitality.