Tag: Rolling Forecasting
Performance Management
FP&A Leaders are Failing to Deliver Higher Strategic Value
Last month, Prophix Software released its findings from the survey, Defining the Evolution of FP&A: Benchmarks, Challenges & Opportunities. The survey which was carried out between Q2 and Q3 of 2017 received feedback from over 300 FP&A leaders from all companies of all sizes across the globe. The survey was conducted to establish the maturity read more
Budgeting and Forecasting
Rethinking the Annual Budgeting Process
Human beings are creatures of habit. Once they have mastered certain habits, especially bad ones, it is extremely difficult to let go. Even though we are fully aware that the immediate, medium-term or long-term consequences of our bad behaviours are dire, we still cling unto them. Could this be because of our ignorance or maybe read more
Budgeting and Forecasting
Why Implement Continuous Rolling Forecasts?
The annual budgeting process has been around for decades and still forms part of the performance management framework for the majority of organizations. As the economic environment has evolved and become more dynamic, has the budgeting and forecasting capabilities in your organization also evolved and adapted to this change? Unfortunately, for many organizations, the annual read more
Breaking Free From the Shackles of the Annual Budgeting Process
It is a fact that no one can predict the future with certainty.
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