What are the Benefits of Rolling Forecasts?
Planful
JANUARY 26, 2016
Static budgets rely on set periods, a fiscal year for example, and create a fixed forecast for that period. Rolling forecasts, as an extension to financial budgeting, support periodic updating of budget assumptions, and extend the time period out beyond the end of the fiscal year. By continuously forecasting out 4 – 6 quarters, you can avoid the “fiscal year cliff” and give your organization a head start on next year’s budget.
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