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Rolling Forecasts Enable Accuracy and Agile Business Planning
Accurate planning, budgeting, and forecasting is essential for enabling executives, managers, and the line of business to have confidence when making investments and informed decisions.
However, there is an inevitable margin of error. 71% of top performing organizations mitigate this risk by continuously updating forecasts to reflect current business conditions. This is referred to as a “rolling forecast.” But, to be able to do this effectively and efficiently, it requires a combination of capabilities and technologies.
This white paper, based on findings from a survey, identifies the necessary tools to enable rolling forecasts along with the benefits, such as increased profit margins, of utilizing this strategy.