5 Components of Accurate Rolling Forecasts for Financial Institutions

Accurate budgeting, planning and forecasting is essential for all levels of an organization to have confidence when making decisions and investments. While forecasts will never predict the future with 100% accuracy, finance teams can improve forecasts by updating them throughout the year, instead of annually.

Agile financial institutions are re-forecasting regularly and essentially making resource decisions as late as possible instead of once a year. This approach allows for organizations to react quickly to competitive and market forces.

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Why top performing banks and credit unions use rolling forecasts

Five components commonly found across financial institutions that successfully use rolling forecasts

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