FP&A Teams still face many obstacles that can reduce their effectiveness. Activity forecasting, which stands out as one of the critical issues confronting finance practitioners in leading organisations, is one of such challenges.
A huge concern for many of my colleagues is how we can predict such activities and calculate their costs for a company.
To help you find the answer to this question, watch a video by Nick Arzenton, Head of Finance GDO-IBO at Orange Business.
He shares how one of Orange Business's branches leveraged historical data and revenue streams for identifying and predicting new core activities. Nick also provides insights from his experience, underscoring the importance of a mindset change and changing processes, which resulted in a faster-to-produce and less costly forecast.
Activity Forecasting: Key Challenges