Foresight Settings - Configuration Guide
oresight is configured from a single Foresight Settings screen inside iVendNext. No technical access is required. It is a standard settings form.
6.1 Settings reference with recommended values per customer profile
| Setting | Default | Small retailer | Mid-size distributor | Manufacturer |
|---|---|---|---|---|
| Enable forecasting | On | On | On | On |
| Default forecast period | 90 days | 30 | 60 | 90 |
| Auto-sync enabled | On | On | On | On |
| Sync frequency | Daily | Daily | Daily | Hourly |
| Confidence threshold | 70 % | 65 % | 70 % | 75 % |
| Alert threshold % | 20 % | 25 % | 20 % | 15 % |
| Cash trigger threshold | (set per customer) | 1 month opex | 1 month opex | 1 month opex |
| Critical cash threshold | (set per customer) | 2 weeks opex | 2 weeks opex | 2 weeks opex |
| Default model | ARIMA | Linear Regression | ARIMA | Ensemble |
| Seasonal adjustment | On | On (festival-heavy) | On | Off (steady) |
| Minimum history points | 12 | 8 | 12 | 24 |
| Accuracy target | 85 % | 75 % | 85 % | 90 % |
| Model retrain frequency | Monthly | Monthly | Monthly | Weekly |
| Inventory integration | On | On | On | On |
| Auto-create forecasts | On | On | On | Off (controlled roll-out) |
| Email alerts | On | On | On | On |
| Dashboard refresh | 5 min | 15 min | 5 min | 1 min |
| Data retention | 365 days | 365 | 730 | 1 095 |
6.2 Rules enforced on the Settings screen
The confidence threshold must be between 0 and 100.
The default forecast period must be at least 1 day.
Always set the cash thresholds explicitly rather than relying on defaults. These thresholds drive the financial alerts.
6.3 Loading historical data on first use
On a fresh tenant, the iVendNext team can seed Foresight with up to 12 months of historical cash-flow context, so the accuracy tracker has a baseline from day one. This is a one-time action requested during onboarding, with no technical work for the customer or partner.
Last updated 8 hours ago
Was this helpful?