First and foremost, you must understand your requirements and resources –which includes your current IT infrastructure, available budget, and human resources. Evaluate the strengths and weaknesses of your existing processes. Consider: What workflow problems do you encounter? What pain points do you wish could be addressed? What elements in your…

Just because your budget is complex does not mean that your budgeting process has to be. As you ramp up your forecasting, you need a tool that adapts with you. Spreadsheets and email just do not provide the flexibility you need and are often very administratively heavy to update regularly….

If you want to start including more frequent forecasting in your business, then you need to know the best ways to go about it. No one wants to spend more time and money than they need to when the end goal is to save time and money. Start with the…

How do you know if a rolling budget and monthly forecasting is right for you? We can start by looking at who it is not right for. If your business: Has primarily/only fixed expenses or Has little fluctuation in revenue or Is looking to stay status quo and not grow…

You know budgeting is important and you know forecasting is equally so. At its most basic, a rolling forecast helps you stay on track and give you an idea of how you are tracking towards your goals. But more than that, it can help you anticipate industry trends, navigate challenges,…