19 03, 2019

5 CHARACTERISTICS OF A SMART FORECASTER

By |2019-03-19T13:28:37+00:00March 19th, 2019|Strategic Forecasting|0 Comments

We often talk about forecasting techniques, hacks, and tips for those who are new to the industry. But what about those that produce forecasts daily? Ever wondered why some forecasters and analysts just seem to rock financial planning and speak the language of sales and marketing too. The difference between success and failure in forecasting [...]

8 03, 2019

Professional Services Forecasting And How To Do It?

By |2019-03-08T16:21:07+00:00March 8th, 2019|Cash Flow Forecasting, Sales Forecasting, Strategic Forecasting|0 Comments

In the heavily service based economy forecasting is more important than ever. Professional service firms are in a dynamic business sector, which is quick to adapt to the new economy by becoming more agile and competitive in their respective fields. Understanding their customers, growth and purchasing patterns, and making better business decisions overall is crucial [...]

20 12, 2018

Why are accurate financial forecasts still impossible in 2019?

By |2019-01-21T10:53:29+00:00December 20th, 2018|Strategic Forecasting|0 Comments

Business planning is at the forefront of business strategy in 2019. It has become one of the most critical strategic business functions and forecasting is an essential part of it. Decision makers need to make financial forecasts to identify hurdles for growth for the following year, cash availability, value of a business and potential opportunities. [...]

11 12, 2018

CHALLENGES FACING MANUFACTURING IN 2019

By |2018-12-13T14:26:10+00:00December 11th, 2018|Strategic Forecasting|0 Comments

While December is rolling into its second half, businesses are preparing their forecasts for 2019. And with such an unstable political situation it is difficult to predict anything. What’s more, for businesses based on manufacturing revenue model this political uncertainty continues to knock confidence. This is furthered, by the fact that manufacturing production in the [...]

16 10, 2018

Developing Accurate Financial Forecasts Based on Historical Data

By |2018-10-16T12:19:01+00:00October 16th, 2018|Strategic Forecasting|0 Comments

On this blog, we talk a lot about financial predictions and developing best practises for accurate financial forecasts. And using historical data for financial forecasting is one of the most debated subjects in the industry. In this post, we discuss the benefits of accurate financial forecasts and what can historical data add to it. Why [...]

13 06, 2018

How to Improve Demand Forecasting

By |2018-07-19T10:47:59+00:00June 13th, 2018|Strategic Forecasting|0 Comments

Planning for the complex and variable world of omnichannel has changed significantly, to say the least. New fulfilment processes, especially in the retail world has brought its challenges to the industry. The demands of this are feeding into price life cycle planning and supply chain network design, but it requires a lot more considerations of the broad [...]

13 06, 2018

5 GOOD Reasons to Rethink Financial Budgets

By |2018-07-20T13:50:56+00:00June 13th, 2018|Strategic Forecasting|0 Comments

Budgeting and financial forecasting are probably the two most important financial processes of any business. While they are often linked together, many companies choose to follow one more than the other. This guide will help you to determine the differences between the two and explain why a growing number of decision-makers and financial experts are [...]

13 06, 2018

Cloud Technology – Biggest Challenge Facing The Accounting World

By |2018-11-28T15:03:11+00:00June 13th, 2018|Strategic Forecasting|0 Comments

The biggest challenge facing the accounting profession is the vast technological change coming from cloud technology. This means that all firms, but particularly accountants, will have to adapt to this 21st-century phenomenon. If not, like so many industries, part of their business will be lost, and they will be less efficient and less profitable as [...]

13 06, 2018

Why Is Strategic Forecasting your most important planning tool?

By |2018-08-09T13:31:33+00:00June 13th, 2018|Strategic Forecasting|0 Comments

All companies have goals and by definition must have a strategy, whether articulated or not to arrive at those goals. Of course, those goals must be realistic, but often small businesses through a combination of naivete and inexperience set goals which are impossible to achieve. Even large companies set goals which prove impossible due to [...]