Enhanced Business Strategy
I make use of Futrli by Sage so that I can offer highly relevant insights that help you to run your business better.
Forecasting is a technique that uses historical data to make informed predictions about the future. Accurate predictions help businesses through challenges and plan for the future. You can make valuable and insightful recommendations off the back of these predictions.
Forecasting can encompass all aspects of the financials statements including the Profit and Loss, Balance Sheet and Cash Flow.
Financial Modelling is the ability to run multiple scenarios which then forecast various potential realities enables you to better understand your business' potential direction and potential improvements and areas to avoid. This sort of analysis allows you to make change happen in a responsible way.