Rolling Forecasts with Visual Cash Focus

With a rolling forecast when a forecast period gets actual data that period moves out of the forecast and another period is added to the end of the forecast leaving the total number of periods in your forecast unchanged.

Use the software to monitor actuals versus budget and forecast. You can enter actuals for each period and get management reports of performance.

Report actuals vs budget with variances. Compare actuals to current, year-to-date and full year budget and report variances.

Reports include actuals versus budget, variance as an amount and percentage and calculation of expected outcome based on the actuals to-date.

The software also calculates the cash flow from the balance sheet and profit and loss for the budget as well as actuals so the built in rolling forecasts include “actual cash flows”.

Rolling forecasts effectively eliminate the annual budget process. When Actuals are entered the forecast automatically extends one period copying the data from the last forecast period. This data is then reviewed by management and adjusted accordingly. If you're rolling monthly, after 12 times the forecast is already extended by a year and a comprehensive review of the data has already occurred and there is no need for another budget round.