The Future Of Budgeting Planning & Forecasting
The right forecasting, budgeting and planning tools can transform the way your business responds to industry and supply chain changes, and the shift from spreadsheets, to ERP reporting, to predictive analytics is the next most logical step for organisations. This is especially true for organisations using advanced accounting techniques such as rolling forecasts, scenario planning and zero-based budgeting.
Advanced Forecasting, AI and Usability
Making a leap from spreadsheets to predictive analytics for planning, budgeting and forecasting is a daunting prospect for many, so end user usability seems to be the key to success. A user interface that is low code or no code, with drag and drop functionality is required in order for end users to successfully adopt and embrace the financial forecasting tools of the future.
Effectively harnessing the huge amounts of data generated across the modern enterprise is an ongoing challenge for many senior financial professionals. Predictive analytics with a platform such as Board with its drag and drop usability, can bring any business’ decision-making to the next level, leveraging algorithms that learn from data and outcomes to create better insights and constantly plan for what comes next.
FSN Global Survey 2022
Future of Planning, Budgeting, Forecasting and Reporting Survey
Produced by FSN, based on a survey of senior finance professionals from 450 companies around the globe, this report explores how financial planning, forecasting, budgeting, and reporting are currently faring, and how they are expected to develop by the end of the decade.
- Understand the current state of financial planning transformation
- Discover the anticipated changes in planning, budgeting, forecasting, and reporting by 2030
- Learn how predictive analytics and AI are predicted to impact the finance function