The Characteristics of Those Using Rolling Forecasts
The results of the recent FSN’s Agility in Planning, Budgeting, and Forecasting (PBF) Survey 2021 clearly shows how implementing rolling forecasts helps organizations to improve both forecast speed and accuracy. These organizations are significantly more likely to be able to reforecast within a week, forecast with +/- five percent accuracy, and to be able to implement minor changes quickly and easily to adapt to organizational change. However, rolling forecasts are not something you can create and manage in spreadsheets. So, to realize the benefits, you need to invest in modern software with built-in “smarts” that handle the complexities of rolling forecasts for you. Here is a snapshot of how PBF is performing in organizations adopting rolling forecasts.