After the month closes, update the revenue, cost and profit forecast. Compare it with the budget and the previous version, and roll the forecast horizon forward by another month.
The horizon moves forward with each closed month.
Closed months show actual data.
New sales and cost assumptions for future months.
Actuals since January plus a forecast for the remaining months.
Comparing the current and previous forecast.
Comparing the forecast and budget for the same period.
Scenarios based on different assumptions.
Forecasts by company, department and project.
A view of the expected result and changes against the plan.
After May closes, move May actuals into the historical view. Update assumptions from June onwards and add May 2027 at the end of the forecast. The horizon still covers the next 12 months.
Sample update cycle
Set the budget against two forecast versions for the same year. In this example, after May closes, the expected result falls by PLN 300k compared with the forecast after April.
The 2026 forecast combines actuals from January to May with a forecast from June to December. Illustrative data.
Match the horizon to the decision. Both views use actuals and current assumptions.
Assess the expected annual result and the variance from budget.
See the outlook for the coming months, even across the turn of the year.
Compare the impact of different sales and cost assumptions.
Show the expected result and changes against the budget. The controller can drill into the data and assumptions behind the new forecast.
Data access in line with assigned permissions.
Dashboards and reports based on model data.
Project and financial data from accounting, ERP and Excel.
Updating assumptions and templates within your permissions.
Sample report layout · illustrative data
A budget covers a fixed calendar year. A rolling forecast moves the horizon forward after each closed month, so it always shows the next 12 months.
No. You can match the horizon length to how you manage the company – 12 months is the most common option.
Actuals for the closed month replace the forecast, and a new forecast month appears at the end of the horizon.
Yes. Every forecast version is saved in the model, so you can compare it with the previous one and with the budget.
Yes. You can compare scenarios based on different sales and cost assumptions in one report.
As a proof of concept, we’ll rebuild your reporting or planning model in Fincorex® and show it to you at our next meeting.
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