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Best Practices in Rolling Forecasts
Everyone wants a crystal ball to be able to peer into the future. Rolling forecasts built on driver-based and project-based planning do just that.
Rolling forecasts built on driver-based and project-based planning create a framework that supports better decision making. A rolling forecast simply means that each quarter or month, a company projects four to six quarters or twelve to eighteen months ahead.This allows executives and key decision makers to see both a financial and operational vision of the future.
Rolling forecasts can replace annual planning cycles with a continual planning process that results in more regular business reviews that look to the future. These reviews enable managers to understand problems, challenges and trends sooner and improve their proactive approach to those problems, challenges and trends.
Download this white paper to learn the 10 best practices for implementing rolling forecasts and how to get started with rolling forecasts for your own organization.