Financial Forecasting: How to Improve Projections by Reversing your Approach

Duration: 90 minutes

A reliable forecast is the ultimate tool for enhancing the influence and credibility of the CFO’s office. It’s a surprisingly effective way to transform your finance department from a cost center into a strategic business asset—revealing valuable data that other executives and departments can act on.

But you know all too well that accurate forecasting is challenging. It’s a problem every CFO and Controller faces: You’re responsible for delivering reliable forecasts, but those forecasts are based on data from other departments. Data from people who give you inaccurate or incomplete information.

There’s a solution: Stop what you’re doing. Drop the department estimates and walk away. Instead of pulling teeth trying to get numbers from department heads, you’ll learn a more insightful approach to forecasting. You’ll discover how to uncover and measure “key drivers” in your business to build a model for forecasting income statements, balance sheets and cash flows—and deliver real, actionable forecasts.

And once your new forecasting system is set up, you’ll be able to keep it rolling. This webinar will have a specific focus on the importance of rolling, rather than static, forecasts. And we’ll show you how to do it quickly and efficiently.