CFO Dive

SEPTEMBER 13, 2023

Despite rising price pressures, futures traders believe the Federal Reserve will forgo a rate hike after a monetary policy meeting next week.

Forecasting 258

Forecasting 258

CFO Dive

FEBRUARY 28, 2022

Virtual processes are faster, more granular in detail and provide a fresh sales forecast in a clean, concise dashboard each morning.

Forecasting 230

Forecasting Sales 230

Spreadym

SEPTEMBER 19, 2023

Budgeting and forecasting in business are both financial planning tools used by businesses, but they serve different purposes and have distinct characteristics. Here's an overview of the key differences between budgeting and forecasting. Forecast: Forecasts can vary in terms of their time horizon.

Forecasting 59

Forecasting Budgeting Cash Flow Forecasting Benchmarking 59

Jedox Finance

MARCH 17, 2022

Although it is nearly impossible to predict the future, forecasting future market development and customer needs is an essential component of corporate strategy and planning. Predictive forecasting can help guide a company in growing more profitably and respond quickly to changes. What is Predictive Forecasting?

Financial Planning and Analysis (FP&A) 111

Financial Planning and Analysis (FP&A) Forecasting Sales Budgeting 111

CFO News

SEPTEMBER 20, 2023

The Asian Development Bank (ADB) has revised India's growth forecast downward to 6.3% However, ADB retained its growth forecast for next year, projecting a growth of 6.7% due to erratic monsoons impacting agricultural output. ADB also revised its inflation outlook to 5.5% from 5% due to unexpectedly high food prices.

Forecasting 52

Forecasting Banking Investments 52

Barry Ritholtz

NOVEMBER 25, 2022

It’s Black Friday and you know what that means: Lots of promotional sales and lots of holiday retail spending forecasts. As we have seen historically , holiday sales forecasts tend to be a reflection of people’s mood at the moment — not an actual measure of intended holiday spending. billion and $960.4

Forecasting 119

Forecasting Retail Sales Accounting 119

Simply Treasury

SEPTEMBER 9, 2020

“If you have to forecast, forecast often” (Edgar R. Need for reliable forecasts. Nobody could deny the importance of having accurate and reliable Cash-Flow Forecasts (CFF). Managing cash is easier than forecasting cash. Managing cash is easier than forecasting cash. So, what are the keys to good forecasting?

Cash Flow Forecasting 130

Cash Flow Forecasting Forecasting Treasury Foreign Exchange 130

CFO Dive

AUGUST 22, 2022

Learn how to navigate the current volatility in cash flow forecasting by thinking long-term and strategic.

Cash Flow Forecasting 130

Cash Flow Forecasting Forecasting 130

Planful

MARCH 13, 2022

When you refer to a forward-looking financial prediction, do you call it financial forecasting or a financial projection? Financial forecasting addresses your immediate predictions, while projections focus on the long […]. The post Financial Forecasting vs. Projections appeared first on Planful.

Forecasting 98

Forecasting Planning Accounting Finance 98

CFO News Room

FEBRUARY 5, 2022

The grid operator, as of Thursday evening, was forecasting demand on Friday morning to peak at roughly 73 gigawatts as temperatures drop. The silver lining here is that ERCOT’s forecast seems to bake in a lot of caution. The low forecast for Dallas Friday morning called for around 17 degrees, for example.

Forecasting 130

Forecasting Marketing Securities 130

VCFO

MARCH 4, 2022

Financial Forecasting Best Practices – 7 Tips for Success. Financial forecasts are critically important planning tools. In creating the forecast, research into the profitability of current operations and areas of potential expansion are essential to success. Prepare multiple forecast views. Begin with the end in mind.

Forecasting 93

Forecasting Reconciliations Planning Finance 93

Mckinsey and Company

MARCH 24, 2022

Shoppers’ behaviors and expectations have changed dramatically—and continue to evolve. If retailers want to keep their physical stores relevant, here are five things they’ll need to get right.

Forecasting 286

Forecasting Retail 286

Centage

FEBRUARY 2, 2023

However, one of the most important planning tools for a business of any size is cash flow forecasting – and it’s especially important in times of uncertainty. Knowing the timing, amount and predictability of future cash flows with cash flow forecasting should be an essential component of the budgeting and planning process.

Cash Flow Forecasting 74

Cash Flow Forecasting Forecasting Financial Planning and Analysis (FP&A) Profit and Loss 74

CFO Dive

APRIL 18, 2023

Given the expected rise in failing companies, CFOs must carefully vet clients and suppliers to avoid unpaid bills and supply chain disruptions.

Forecasting 229

Forecasting 229

CFO Selections

AUGUST 2, 2023

If you’re wondering whether your company needs to switch to a rolling forecast, it’s important to look at why you’re asking. The simple act of questioning whether your current budgeting process is sufficient likely indicates that you have identified a shortcoming in your current budgeting process that provides an opportunity for improvement.

Forecasting 52

Forecasting Budgeting 52

Future CFO

SEPTEMBER 21, 2023

Financial Forecasting and Planning The CTO and CFO collaboration serves as a bridge between technology and finance, enabling comprehensive financial forecasting and operations. The post The dynamic Duo of CTO, CFO in financial forecasting appeared first on FutureCFO.

CFO 52

CFO Forecasting Investments Finance 52

Spreadym

JUNE 2, 2023

Rolling forecast is a financial planning and forecasting approach that involves continuously updating and extending the forecast based on the latest available data and information. As the current period elapses, the forecast is extended by adding a new period, maintaining the same forecast horizon.

Forecasting 52

Forecasting Budgeting Planning Communication 52

Future CFO

JUNE 11, 2023

What is the easiest way to have Excel create an automated forecast leveraging your time-series data? Dr. Kevin Kelly takes a quick trip to the “Forecast Sheet” in Excel’s data tab to show how to instantly create a forecast, including seasonality and adjusting for confidence intervals. Watch more from the series here.

Forecasting 52

Forecasting Leverage Technology 52

CFO News

AUGUST 31, 2023

"We have accordingly raised our 2023 calendar year growth forecast for India from 5.5% Since the second quarter outperformance creates a high base in 2023, we have lowered our 2024 growth forecast from 6.5% In its report, the agency said that the strong services expansion and capital expenditures have propelled India's 7.8%

Forecasting 52

Forecasting 52

CFO Dive

MAY 24, 2023

The company is positive in its look ahead for 2024, despite recent headcount reductions and a slowing business environment.

Forecasting 238

Forecasting 238

The Finance Weekly

JULY 19, 2023

When used effectively, forecasts serve as powerful planning tools , enabling consideration of various potential scenarios, allowing the executive team to devise tentative plans based on multiple projections. Combine Short-Term and Mid-Term Projections Short-term forecasting proves valuable in boosting , KPI.

Forecasting 52

Forecasting Cash Flow Forecasting Budgeting Finance 52

Centage

MAY 23, 2022

With rolling forecasts, businesses can gain better insight while aligning their sales and production goals with what’s actually happening from a financial perspective. Read on to discover the benefits of rolling budgeting, rolling financial forecasting, and mid-year forecasts for your business. What’s a Rolling Forecast?

Financial Planning and Analysis (FP&A) 73

Financial Planning and Analysis (FP&A) Forecasting Budgeting Planning 73

Jedox Finance

JULY 6, 2021

When considering the performance of any forecasting model, the prediction values it produces must be evaluated. An error metric is a way to quantify the performance of a model and provides a way for the forecaster to quantitatively compare different models 1. Where y’ is forecasted value and y is the true value.

Forecasting 105

Forecasting Numbers Math Planning 105

Strategic Treasurer

OCTOBER 17, 2022

Stages of Cash Forecasting: Improving the Process, Tightening Your Accuracy. Description : Forecasting cash flows has been one of the top two priorities for treasury groups for nearly 10 years. This session will outline the stages of cash forecasting and the foundational elements required to reach each stage – and the next level.

Forecasting 97

Forecasting Treasury Finance Accounting 97

Jedox Finance

FEBRUARY 11, 2021

However, forecasting or predicting how much your customers want to buy or how well a business would perform in the future was much more difficult to achieve way back then. But what about forecasting? As CRM has evolved, many vendors included sales forecasting functionalities in their tools. Let your CRM work its magic.

Forecasting 128

Forecasting Sales Finance Planning 128

Cube Software

JULY 5, 2023

Financial forecasts are only useful when they’re accurate. If you discover a forecast is flawed, there's only one thing to do—determine why, and make adjustments. What is financial variance analysis? This is the goal of financial variance analysis.

Forecasting 52

Forecasting Budgeting 52

Spreadym

JUNE 6, 2023

Financial forecasting refers to the process of estimating or predicting future financial outcomes and performance based on historical data, trends, and assumptions. Financial forecasting is a critical aspect of financial planning and decision-making for businesses, organizations, and individuals.

Forecasting 52

Forecasting Budgeting Financial Modeling Planning 52

Centage

JANUARY 18, 2022

While spreadsheets have long reigned supreme as the foundation of budgeting and forecasting for many organizations, the shortcomings of this legacy, siloed tool have become too hard to ignore. Accuracy is the critical to the budgeting and forecasting process. Do we have the data we need readily available? Watch Demo.

Financial Planning and Analysis (FP&A) 111

Financial Planning and Analysis (FP&A) Forecasting Budgeting Finance 111

CFO Dive

APRIL 5, 2023

A credit squeeze following recent banking system turmoil may prompt policymakers to reduce the main interest rate before the end of 2023, according to investors.

Forecasting 217

Forecasting Banking 217

Centage

NOVEMBER 28, 2022

With proper budgeting and forecasting, just about any business can protect itself against recession. Revisit Your Forecast Assumptions. Speaking of assumptions, revisiting your forecasted beliefs is crucial to surviving the downturn that’s likely to come. Use Actuals for Your Forecast.

Financial Planning and Analysis (FP&A) 85

Financial Planning and Analysis (FP&A) Forecasting Budgeting Economics 85

Centage

OCTOBER 3, 2022

This accessible program can accomplish various tasks, such as financial forecasting and budgeting. If your business has used Excel for financial forecasting, you may have found some challenges with the program. However, there can be some disadvantages to using Excel for your company’s financial forecasting.

Forecasting 88

Forecasting Budgeting Financial Modeling Data Analysis 88

Spreadym

MAY 23, 2023

Cash forecasting refers to the methods and approaches used by businesses to predict and estimate their future cash flows. To forecast cash flows, companies can use a variety of tools that can include simple models in Excel spreadsheets and special business software that contain tools and features for cash forecasting.

Forecasting 52

Forecasting Cash Flow Forecasting Accounts Payable Finance 52

Embark With Us

JUNE 29, 2022

Take the rolling forecast, for example. Lending agility, foresight, and flexibility to leaders and their organizations, the rolling forecast is an operational GPS unit that can lead your company through even the roughest, most uncertain economic terrain. The best things in life – and business – are worth a little elbow grease.

Forecasting 98

Forecasting Economics Finance 98

Centage

JUNE 20, 2023

These solutions create and support a budgeting and forecasting process that is more efficient with shared ownership that reduces risk and uncertainty. Improved Forecasting It’s difficult to create a good forecast if the data behind it is shaky or out of date. One such system is a modern FP&A solution.

Forecasting 68

Forecasting Budgeting Finance Planning 68

CFO News

SEPTEMBER 24, 2023

S&P Global Ratings has maintained its growth forecast for India at 6% for the current fiscal year. S&P also revised up its retail inflation forecast to 5.5% The agency cited factors such as the slowing global economy, the risk of subnormal monsoons, and the delayed impact of rate hikes. due to higher global oil prices.

Forecasting 52

Forecasting Retail 52

Centage

APRIL 24, 2023

A Checklist for Healthcare Organizations: No matter the size of your healthcare organization, predictive financial planning and forecasting is critical for ensuring that you are efficient and sustainable, and even more critical during times of uncertainty. Automate planning processes.

Financial Planning and Analysis (FP&A) 82

Financial Planning and Analysis (FP&A) Forecasting Healthcare Planning 82