Easily Adopt a Rolling Planning System
Trying to account for factors that may (or may not) occur over a year in advance is difficult in the best cases, and nearly impossible when the market or your industry is experiencing uncertainty or volatility. Planning Maestro’s rolling forecast capabilities mean decisions made in the third or fourth quarter of a fiscal year aren’t dependent on projections that are eight to twelve months old. Instead, these numbers will have been updated in the last month or quarter (or even week, depending on the structure of your system).
Coordinate Financial and Operational Planning
Rolling forecasts remove the time and energy suck of doing all the planning and financial forecasting at one fixed point during the year. And because performance of key drivers is reflected in Planning Maestro’s synchronized financial statements, a rolling approach also allows for more coordination between departments, making the finance team a key player in the operational side of the business.