It doesn't take long for Annual plans to become static after their creation - since they're unable to reflect market fluctuations. As changes happen, plans quickly become outdated, and making decisions from inaccurate information puts your business at risk.
Rolling Forecasts keep your business updated with the latest information while maintaining alignment with your strategic goals. Continuously rolling your planning periods while adjusting key drivers will ensure forecasts are accurate and your business stays agile. Allow your team insight into the impacts of decisions over the next year, not just the current one.
When new monthly data arrives, FP&A teams need to perform a budget to actuals variance analysis and re-forecast future periods. Doing this manually through Excel can be an extremely cumbersome task, and forecasts become prone to errors.
Connect directly to your data with MODLR’s wide range of data integrations and automate your actuals imports, reconciliation and variance analysis - enabling forecasts to be rolled forward automatically each month.
Assess the effects of actuals on forecasted trends automatically. Delve into the impacts of adjusting key drivers and create real-time forecasts that instantly react to market changes, strengthening decision-making.
Directly allocate your resource to your most critical key business drivers. Collaborate across departments, and build agile, detailed, and aligned rolling forecasts in less time and less effort.
Connect to your ERP to automatically pull the most recent actuals
Plan and Report on MODLR models from within Excel Workbooks.
View Audit reporting of who changed what, and when
Collect commentary on variances between actuals, budgets and forecasts
Apply business logic across models globally, not in fits and starts across specific cells in certain spreadsheets
Send emails or SMS alerts when submissions are made to the budget
Quantify the financial impact of your changing operational drivers
MODLR can adapt to different types of budgeting styles and methods, such as zero-based budgeting
Gain a comprehensive understanding of your real-time drivers of performance to optimise your current results and inform plans. Rolling Forecasts provides you with the business agility needed to respond to time-sensitive business challenges and enables you to reallocate resources to high-revenue drivers.
Create a single source of truth by uniting your disparate operational systems, spreadsheets and financial plans within MODLR, providing your team with a centralised view of the organisation's data.
To see the MODLR Cloud in action, schedule a personal demo with one of our modelling experts or watch an overview of the cloud platform.Get a demo