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.