NEU Infographics: Key indicators to measure the accuracy and agility in financial planning, budgeting, and forecasting. How Does Your Organization Compare?
Aberdeen Research conducted a survey of over 200 organizations to analyze their financial planning, budgeting, and forecasting practices. According to the results, core metrics that measure accuracy and agility of the financial planning, budgeting and forecasting processes include:
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Financial reports delivered on time
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Actual costs within budgets
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Actual revenues within forecast
How would you rate your organization: Best-in-Class, Average or Laggard?