Forecasting quarterly performance has been one of the most challenging aspects of the post-pandemic corporate world. CFOs’ need to report and forecast frequently has made this process even more stressful for FP&A teams. Moreover, since market uncertainty will continue for the foreseeable future, companies are searching for ways to improve planning, budgeting, and forecasting.
The key to improving planning processes for FP&A teams is to provide a holistic forecast by layering in macroeconomic data and enhanced forecasting methods like Integrated Business Planning. In fact, Integrated Business Planning is critical for large enterprise companies during economic uncertainty. It enables companies to develop a comprehensive view of the business environment, align business objectives with operational capabilities, optimize inventory and supply chain management, manage financial risk, and improve decision-making.
This special report highlights the steps finance teams can take to incorporate external data into their process and better plan against continued economic uncertainty.
Insights include the following:
- Challenges of a bottom-up planning approach
- A collaborative, enhanced approach to planning
- Creating unbiased baseline forecasts
- Benefits of implementing holistic processes
Download the report to learn more.
About Prevedere, Inc.
Prevedere is the world’s leading provider of predictive analytics technology and solutions based on econometric modeling, enabling intelligent enterprises to understand and quantify the impact of external factors as part of their strategic planning and forecasting. Our global data repository and patented AI platform enable financial executives and operational planners to identify market drivers, quantify the future impact of economic volatility, generate performance forecasts, and optimize plans based on market foresight.
Prevedere’s automated AI model m
onitoring provides an early warning system when unplanned market shifts and anomalies are predicted, enabling planners to future-proof business performance. Many of the world’s leading consumer packaged goods, retail, logistics, and manufacturing companies leverage Prevedere to generate economic intelligence, spot market opportunities, mitigate risks, and deliver exclusive competitive advantage.