New Russian Software Can Forecast Budgets in Minutes

'Bit.VBM,' a financial modeling tool now added to Russia’s official software registry, automates complex budget scenarios with AI.

Russia has rolled out a new program for budget modeling designed for corporations, state-owned enterprises, and government agencies. The tool, called 'Bit.VBM,' has officially been included in the Unified Register of Russian Software, underscoring its reliability and national importance.

Traditionally, financial analysts spend hours crunching numbers to simulate different budget scenarios. 'Bit.VBM' automates the process with artificial intelligence, scanning company data, identifying hidden patterns, and generating precise budget forecasts. It can show how key performance shifts affect the bottom line, running through thousands of scenarios in just minutes.

Unlike many specialized modeling platforms, the software doesn’t require advanced IT knowledge. Its user-friendly interface is designed for finance professionals, and it integrates seamlessly with existing systems like 1C and Excel.

According to the developers, the program helps businesses and agencies answer critical 'what if' questions in real time. Its inclusion in the federal software registry marks it as both trusted and in demand—a signal that Russian finance is leaning heavily into AI-powered forecasting.