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Posts Tagged ‘strategy’

The Importance of Forecasting

The Importance of Forecasting This article touches on forecasting and how it differs from budgeting. Here are five reasons why forecasting is a good practice for all companies: A forecast is usually a much faster process and involves fewer employees. Forecasts, in general, are entered at the general ledger account level, while detailed templates, such […]

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Is Forecasting More Important Than Budgeting?

This article focuses on the importance of forecasting.   I’ve written about Forecasting versus Budgeting before, but in the face of the trend of forecasting becoming more impactful and desirable, I wanted to focus on it in the task of planning.  Is it true that forecasting is the most important process for corporate performance management […]

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