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Rolling Forecast vs Traditional Budgeting -OnlineWebinar

Thursday, Apr 27, 2017 at 10:00AM - 1:00PM
Fremont

Event Details

Description
Rolling Forecasts are the wave of the future. They are rapidly replacing traditional budgeting. This webinar will outline and explain the critical differences and advantages of Rolling Forecasts over traditional budgeting. It challenges finance personnel and other managers to think outside the box and embrace the advantages of Rolling Forecasts.

Objectives Of The Presentation
  • Why Rolling Forecasts are critical in today's turbulent environment
  • Using key business drivers & cash to influence and impact the future
  • The use of technology in Rolling Forecasts
  • Using "what if" analogies to validate forecasts
  • Focusing on future possibilities rather than past events to manage resources
  • Pitfalls to prevent successful implementation of Rolling Forecasts
  • Selling the culture changes to make rolling forecasts acceptable
Why Should you Attend
The current technology driven turbulent business environment presents many challenges to business managers. One primary challenge is the ability to predict and plan for the future which is unexpectedly unpredictable. Changes are constant. Companies struggle constantly to find ways to manage resources and find ways to thrive and survive in this turbulent business environment. Traditional budgeting has been overtaken by these constantly changing events and is currently outdated and irrelevant for the following reasons:
  • Too time consuming
  • Based on assumptions that may not be valid
  • Focuses on past events rather than future possibilities
  • Creates a use it or lose it mentality of resource management
  • Restricts creative thinking in resource management
Areas Covered
  • What are Rolling Forecasts and why they are important
  • Definition of key business drivers as the basis for rolling forecasts
  • 5 core components of Rolling Forecasts with explanations and illustrations
  • Using "what if" analogy to forecast the future
  • Use of technology in Rolling Forecasts
  • Illustration and samples of Rolling Forecasts with RF planning tools
  • Making it happen-moving from budgeting to rolling forecasts
  • The relevance of cash as a key business driver
  • Benefits of Rolling Forecasts
  • Human side of Rolling Forecasts-selling the concept
Who will Benefit
  • CFO
  • COO
  • Controllers
  • Accounting Managers
  • Budget and Resource Managers
  • Financial Analyst
  • Budget Analyst
  • Business Owners
  • Entrepreneurs & Anyone responsible for cost centres and other resource departments divisions etc.


For Registration

http://onlinecompliancepanel.com/webinar/ROLLING-FORECAST-TRADITIONAL-BUDGETING-502139/APRIL-2017-ES-EZEVENT


Note: Use Promo code DE5YU and get 10% off on registration (Valid till APRIL 30th 2017)

Organization Details

Online Compliance Panel (OCP) creates and delivers comprehensive industry relevant training sessions. These sessions are simple, interactive and cost effective. We are a predominantly web based information exchange forum. Live interactions on compliance training make the process holistic and effective. OCP largely emphasizes in offering regulatory compliance training to compliance professionals on varied topics. These primarily include risk management, quality management, corporate compliance and other regulatory compliances. Some of our primary areas of focus include advancement and updates in regulatory compliance, best practices and market trends.

We strive to incorporate high standards in developing a culture facilitating exchange of ideas resulting in functional excellence. OCP believes in nurturing ideas and thought processes through innovative e-learning methodologies. Our products and services are designed to offer customized solutions to industry and market. We bridge the gap between experience and knowledge thus delivering original and creative content.

Our objectives of employing interactive mediums ensure effective communication and mutual exchange of ideas. OCP closely follows best practices and regulatory trends in the global compliance scenario. We also observe and communicate trends witnessed in FDA, ISO regulations, process and design validation. All updates and additions to important laws can be accessed by our customers in real time.

Our mission is to empower compliance professionals through effective online training sessions. Our world class training methodologies stem from comprehensive understanding of client requirements. The content conforming to FDA and ISO standards is developed by well qualified and experienced industry leaders. Our offerings will exceed expectations and add value to your investment.

The content in various categories such as medical devices, pharmaceuticals and biotechnology will raise the bar in terms of quality already on offer .We hope to contribute to the creation of responsible organizations creating benchmarks in quality, integrity and transparency.

Online Event
38780 Tyson Lane, Apt 210
Fremont 94536

Starts April 27, 2017 at 10:00AM - 1:00PM

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Contact Information

Organization: Online Compliance Panel LLC

Event Contact: OCP Panel

Phone: 15108575896