15 Forecasting Tools Every Finance Team Needs (Organized By Category)
In financial forecasting, looking at the past helps predict what's possible in the future. You can plan ahead, take informed action, and avoid losing your market advantage. The finance department and other teams examine the relationships between variables to come up with more realistic financial plans. With a vast amount of financial data to analyze, multiple teams to consult, and a range of forecasting techniques to choose from, financial forecasting can be a daunting process.