Budget Forecasting Template

Budget forecasting occupies a middle ground between budgeting and forecasting. A normal budget forecast typically combines year-to-date actuals with forward-looking numbers. We like to think of it as the combination of two key questions: “what has happened” (budgeting) and “what we think is likely to happen” (forecasting). A budget forecast can be useful in helping business leaders to understand how the business is likely to perform over the entire duration of the budget cycle, while also allowing them to insert a goal-oriented perspective that is focused on achieving certain targets.
The team at insightsoftware has developed a free template to help finance teams start the process of building a budget forecast for their organizations. Download the free template and start using it today.

To learn more about budget forecasting, we also encourage you to read our full-length article, “Budget Forecasting: What It Is and How To Do It,”  which explores this topic in detail.