Thimble provides an AI-powered suite that automates open-to-buy (OTB) forecasting and vendor workflows for retail teams. The platform ingests purchase order changes, receipts, and discrepancies to deliver real-time OTB updates and rolling forecasts, integrating with ERPs like SAP and Oracle. It flags budget risk early and syncs financial plans across merchandising, finance, and executive teams.
Funding
Funding not disclosed
Founders
Product
Problem
Retail merchandising and accounts payable teams rely on manual spreadsheets to track open-to-buy (OTB) budgets, purchase orders, receipts, and vendor invoices. This fragmented process is error-prone, time-consuming, and fails to surface financial risk early, leaving teams reactive instead of strategic.
Solution
Thimble's AI suite automates OTB planning, forecasting, and vendor workflows by ingesting live PO changes, receipts, and discrepancies from ERPs, PDFs, and spreadsheets. Its Thimble Plan module recalculates OTB remaining in real time, while Thimble Forecast builds forward projections from historical performance and adjusts instantly when plan inputs change. Thimble Track unifies reporting with an ERP-synced source of truth, giving merchandising, finance, and executive teams one shared view to mitigate risk before it materializes.
Target Audience
Retail merchandising, finance, and accounts payable teams at mid-to-large retailers who need to modernize OTB planning, invoice matching, and vendor follow-up workflows.
Features
- Real-time OTB recalculation as POs, receipts, and discrepancies change, with no manual adjustments required
- AI-driven rolling forecasts that incorporate live plan changes and historical performance to project future OTB risk
- Flags budget risk early with tracking of GM$, margin %, and receipts vs plan, filterable by season, division, or category
- Native integration with SAP, Oracle, and other ERP providers, plus ingestion of PDFs, spreadsheets, and ad hoc files
- Unified reporting dashboards that sync ERP data to provide a single financial impact summary across teams