Continuous Planning and Rolling Forecasts
Source:
Alight
Document Type:
White Paper
The old way of thinking—you run a company through the once a year budget process—is on the way out in favor of new concepts and system approaches generally described as "continuous planning." The practical implementation of continuous planning is through rolling forecasts—frequent updates of financial plans that include integrating actuals data and rolling the forecast time period beyond the current fiscal year. Discover the concepts and practices of continuous planning, and find out how to define application requirements for integrating actuals, financial
modeling and scenario analysis—the three foundations of a continuous planning system.