Cycle Time to Prepare the Financial Forecast

Published On:
February 08, 2024
Authored By:
APQC
Public Content:
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Financial forecasting is a high priority for CFOs, and doing it more efficiently and accurately is an admirable goal. Whether an organization creates a comprehensive forecast every month or on a quarterly basis, the forecast needs to be reliable and fast.

This article focuses on the cycle time in days to prepare the financial forecast, as reported to APQC’s Planning and Management Accounting Open Standards Benchmarking® survey.

Also found in Planning and Management Accounting Key Benchmarks, Blueprint for Success: Planning, Budgeting, and Forecasting
Type:
Articles
Topics:
Finance and Accounting, Planning, budgeting, and forecasting, Forecasting
Tags:
Key performance indicators (KPIs)

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