In today’s challenging market landscape, CFOs have struggled to answer basic questions like what is my optimal cost structure and what will my cash position be at any given time? Time-consuming manual verification and uploading of data, and the prevalent use of spreadsheets not designed for collaboration make the answer unnervingly complex.
In our last post, "Rolling Forecasts: The Pros and Cons," we looked at why rolling forecasts are used, when it makes sense to use them, and for whom. In our third and last post in this series, we give five tips for a successful implementation of rolling forecasts in your organization's FP&A processes.
Rolling forecasts are a specific type of financial forecasting that use existing data to help predict aspects of business performance throughout the year. In this blog post, we explain what’s unique about this type of forecasting, how it works and why more and more companies are opting for rolling forecasts. It is the first post in our series on this topic.
This week we are pleased to welcome our Diamond Partner, smartPM.solutions, as a guest to the Jedox blog. Headquartered in Austria, they share their expertise on program and project performance management and discuss seven common mistakes and how to avoid them.