Definition
A Rolling Forecast is a financial forecasting approach that updates predictions regularly, extending the forecast period as time progresses, to reflect the latest data.
Usage and Context
A rolling forecast is frequently updated to reflect the latest financial data and predictions.
Frequently asked questions
What is a rolling financial forecast?
A rolling financial forecast is an ongoing projection of future financial performance that is updated regularly.
What is the difference between a rolling forecast and a normal forecast?
A rolling forecast is continuously updated over time, while a normal forecast is fixed and set for a specific period.
What is a roll-up forecast?
A roll-up forecast combines multiple forecasts into one overall company projection.
Related Software
Adaptive Insights, Prophix
Benefits
A rolling forecast updates financial predictions regularly to reflect the latest data.
Conclusion
A rolling forecast regularly revises financial predictions based on the latest data.
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