The first step in forecasting is to understand where we are today and how we arrived at that point from the past. This is gain through analysis and reporting.
Author's Articles
Tools and processes used by finance and FP&A (commercial management, billing, accounting, operational statistics, competitive intelligence, planning, budget, forecast, variance analysis, reporting) needs to be customized in order to achieve both efficiency and relevance. There is nothing like on the shelf tools.
Are your KPIs, Scoreboards and other metrics safe from the Simpson's paradox?
Forecast accuracy is often a subject of discussion. What are the issues met that can generate such level of discussion?