An Agile Approach to Budgeting and Forecasting: Pros & Cons

Sponsored by Place Technology 

  • A Roundtable Discussion: Most Businesses Rely on Static Budgets & Forecasts To Manage Performance. Is There A Better Way?
  • Participants: Brandon Metcalf, Founder & CEO, Place Technology; Rob Bruce, Strategic Consultant; Craig Schiff, CEO, BPM Partners; Michael Lehman, Interim COO, UW-Madison
  • Originally Broadcast: March 2021
  • Duration: 60 minutes
  • Watch Now

Executive Summary:

You plan your budget and forecast based on past performance and expected outcomes. But that’s never enough for a truly accurate forecast.  Invariably, unforeseen challenges and opportunities arise that that require finance teams to change course. Enter an Agile Approach to Budgeting & Forecasting: dynamic forecasting and budgeting informed by real-time, transaction-level data.  Sounds great – but is it attainable for all businesses?