This project focused on building a revenue forecasting model for Seven Corners, a leading travel insurance and assistance company. The goal was to enhance financial planning and decision-making by providing accurate and actionable predictions.
Approach
The model was developed using time series analysis and Prophet, a tool well-suited for handling seasonal trends and irregular patterns. Key steps included:
- Data preprocessing to clean and prepare historical revenue data.
- Exploratory data analysis to identify trends and patterns.
- Building and validating the forecasting model.
Outcomes:
- The project successfully delivered a forecasting model that:
- Provided actionable insights for business strategy.
- Improved forecasting accuracy compared to previous methods.
- Helped identify seasonal trends and growth opportunities.