4 Demand Forecast Accuracy KPIs You’ll Actually Use
If you’re not tracking the right demand forecasting KPIs, you’re flying blind. Stockouts, overstock, and missed sales targets usually point to weak forecasting, not just bad luck. The problem isn’t forecasting itself. It’s how teams measure it. Too many KPIs or the wrong ones just create noise. This post focuses on four KPIs that actually […]
How to Choose the Right Forecasting Tool for Rolling Forecasts
A forecasting tool isn’t something most finance teams actively picked from the start. They defaulted to Excel – not because it’s great for rolling forecasts, but because it was already there. It works – until it doesn’t. If this sounds familiar, you’re not alone. Excel simply wasn’t made for fast, flexible forecasting across […]
How to Choose the Right Revenue Forecasting Model for Your Company
Choosing the right revenue forecasting model is no longer just about getting close – it’s about staying ahead. Forecasting used to be just another finance task. Now it’s one of the key parts of how companies navigate their business. In corporations with hundreds of employees, multiple product lines, and operations across several countries, it’s no […]
Why Your Cash Flow Forecast Is Always Wrong (And How to Fix It)
You can have a rock-solid finance team and strong leadership – cash flow forecasts still find a way to go off track. It’s more common than you’d think – and it’s not just about getting a number or two wrong. A bad forecast can mean: missed growth opportunities late payments or betting on the […]
How to Calculate Flexible Budget Variance – No Complex Formulas
So you’ve set your budget, mapped out your financial goals, and everything seems on track. But then, the reality hits. Your company’s performance doesn’t quite align with your expectations, and you’re left wondering why. That’s where flexible budget variance comes in. It’s like having a financial GPS that both tells you where you are and […]
Projection vs. Forecast – Why Rolling Forecasts Are A Better Choice
Most companies spend weeks, sometimes months, fine-tuning their annual budget, only to see it become outdated within a few quarters. The truth is, relying on a projection vs forecast approach – where you set a target and hope it holds – just doesn’t cut it anymore. Markets shift, costs spike, and competitors move fast. And […]
What is Long Range Planning and Why Your Company Needs It
Long range planning often feels like wishful thinking when even annual budgets get outdated within a few months. Most companies spend weeks, sometimes months, fine-tuning their annual budget, just to see it get outdated within a few quarters – a common pitfall of the projection vs. forecast mindset. A sudden supply chain issue, a market […]
7 Reasons Why Forecasting is Important For Your Business
If you absolutely don’t care where your business is going, or whether there are additional opportunities to benefit from along the way – then this blog is probably not for you. But if you’ve ever asked yourself why is forecasting important, you’re already one step ahead. Forecasting in financial terms is the process of […]
What is a 2-10 Rolling Forecast and How It Can Transform Your Financial Planning
The best way to keep your financial plans updated throughout the year is to plan a year ahead and make sure that you don’t go overboard. Except it’s not. What happens when something unforeseen occurs? If you’re running the business finances you’ve probably witnessed more than once how one tiny change in the […]
3-9 Forecast: A Balanced Approach to Financial Planning
Every good forecasting model takes 2 aspects into concern – current results, and the results you’re going for, like in the 3-9 forecast. Take any of the two from the equation, you might end up in a very different place from what you were hoping for. And that isn’t always a positive thing. Precisely […]
