Imagine this scenario: You have a board meeting that happens every year in March with expenses budgeted in January within hundreds of departments. Due to unforeseen events beyond your control, those event expenses will now be budgeted in May. You’re thinking, “I’m going to have to go into every department’s…
Let’s admit it, forecasting can be intimidating. Not only that, but after a grueling budget season, especially if you don’t have the proper tools and resources at your fingertips, who wants to sit down and essentially re-budget after the first month or so of your fiscal year? Reality check… If…
Forecasting methods can get complicated quickly. We have put together four popular forecasting methods with additional information on the Dynamic Budgets website. If you have a budgeting tool, you may want to incorporate one or more of these methods or use our FREE excel-based tool that pulls data from Dynamics…
