Measuring Financial Forecasting Efficiency
As firms grow, so do their financial planning, budgeting, and forecasting teams.
We are examining the number of employees engaged in synthesizing financial data to develop budgets and forecasts, expressed in terms of full-time-equivalents (FTEs) per $1 billion revenue. Keeping this ratio in line with industry standards and organization-specific conditions is an important tool business leaders can wield in their efforts to reach performance goals.