Remove Business Analytics Remove Financial Reporting Remove Forecasting Remove Manufacturing
article thumbnail

3 Levels of Stress Testing Your 2023 Financial Plan

Centage

It allows you to understand the impact of a change in a specific variable on your financial sheets. You can update your forecasts based on the analysis. Financial plans are thoughtful documents – the result of setting goals and establishing a course of action to achieve them. Update rolling forecasts as required.

article thumbnail

What is Enterprise Performance Management (EPM)?

Planful

As anyone who has worked in a business enterprise knows, this can be challenging as an organization grows and evolves beyond its roots. To support this, EPM includes the following management processes: Budgeting, planning, forecasting and modeling. Reporting results to internal and external stakeholders.