Overall financial forecast accuracy

This measure captures overall financial forecast accuracy. This measure is part of a set of Process Efficiency measures that help companies optimize the performance of their "Perform planning/budgeting/forecasting" process by minimizing waste and refining resource consumption.

Benchmark Data

Lock

Sorry! Not all users have access to all of our resources.

Want to unlock access to all of our resources?

Learn about Membership Arrow with stem

Measure Category:
Process Efficiency
Measure ID:
107873
Total Sample Size:
3,431 All Companies
Performers:
25th Median 75th
- - -
Key Performance Indicator:
Yes

Sample image showing interactive filters for more detailed measure peer group data and an interactive graph.

Compute this Measure

Units for this measure are percent.

Back to Top

Overall financial forecast accuracy

Key Terms

There are no key terms associated with this measure.
Back to Top

Measure Scope

Back to Top

Cross Industry (7.4)

  • 9.1.1.1 - Develop and maintain budget policies and procedures (10771)
  • 9.1.1.2 - Prepare periodic budgets and plans (10772)
  • 9.1.1.3 - Operationalize and implement plans to achieve budget (20135)
  • 9.1.1.4 - Prepare periodic financial forecasts (10773)
  • 9.1.1.5 - Perform variance analysis against forecasts and budgets (20136)