Forecasts and targets set months in advance do not take into account new challenges or fresh opportunities that arise. We have all experienced the responsiveness required in managing the bottom line since the pandemic has been escalated.
Agile organisations integrate financial and operational data, embed analytics in every process, and use advanced analytical techniques to forecast future tends in revenue and profit and these organizations outperform their peers by 70%, according to Ventana Research.
At ONE Pacific, our Executive Director Mr. Donald Austin will share with you the myths in best-in-class forecasting and budgeting. He also discuss Oracle NetSuite’s Planning and Budgeting solution which centralised plans from all departments with connection to critical corporate financial data, provides a single version of the truth, includes robust workflows for automation, and provides a real-time view of your business performance.
If working on your annual budget with line of business managers on numerous spreadsheets have caused you tremendous stress over the years, it is time to check out this collaborative and automatic way of forecasting and planning. Our consultants are happy to discuss the best practices of the modern CFO and senior executives that may apply to your business too.