How Agile is Corporate Forecasting?

insightsoftware -
July 16, 2021 by insightsoftware

Global provider of enterprise software solutions for the Office of the CFO to connect to & make sense of data in real time, driving financial intelligence across the organization.

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The results of the FSN’s Agility in Planning, Budgeting, and Forecasting (PBF) Survey 2021 analyzes the performance and agility of the PBF processes across over 500 organizations. The results are extremely revealing. They show that, on the whole, we forecast more quickly than we did four years ago, but that forecast accuracy has deteriorated. Only 43 percent of organizations can forecast revenue to within plus or minus five percent, and 80 percent cannot forecast beyond a year. Fifty-two percent are unable to look out further than six months. Here is a snapshot of how agile corporate forecasting is.

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FSN Global Survey 2021: Agility in Planning, Budgeting and Forecasting

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