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Posts tagged with "Forecasting"


Wild ride: Stay in control during unpredictable conditions

Babies were crying. Strangers were holding hands and praying. Seat belts were pulled tight to the point of impinging circulation. “We’re going to have to ride this out,” the pilot had said. I suspected the 757 was on autopilot, the sophisticated electronics constantly adjusting to the turbulent conditions. “How nice that would be,” I thought….

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The Gumshoe CFO: Before You Forecast, Do Some Sleuthing

Building an accurate forecast relies heavily on your historical data. But it’s the hands-on business knowledge you apply to the forecast that helps make it a more predictive and actionable roadmap for your institution. Before you start your forecasting process, take the time to gather updated information. For example, you should: Consider future business decisions…

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Best Ways to Optimize Your Budgeting, Planning, and Forecasting Processes

How does your financial institution approach performance management? Are you still taking a silo approach to the key aspects of successful PM, including planning, budgeting, and forecasting (PBF)? Are you trusting the way you’ve always done PBF will keep your organization moving forward in today’s faster, streamlined marketplace? Performance management is evolving, and financial institutions…

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Thought Leaders Clue Us In To Financial Services Trends To Watch In 2016

The rise of digital payment methods, crowd-funding, regulatory changes, the Millennial influence — many factors continue to shape the financial services industry. 2015 has been a year of change, and you might look back and wonder where the industry could possibly be heading next. Deluxe asked thought leaders in financial services to predict the trends…

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High-profile Forecasting Error has Lessons for the Banking Industry

When the expectations set by financial forecasters fail to meet a company’s fiscal reality, the repercussions can be dire. Profits suffer, stockholders protest, lawsuits may ensue, and people may lose jobs in the fallout.Although he wasn’t fired for it, mistaken forecasting preceded the resignation of Walgreen’s CFO last summer, the Wall Street Journal and CFO…

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Improving Your Budgeting and Forecasting Process

Spreadsheets are a basic, essential tool in the financial world, right? Expecting a community banker to work without a spreadsheet would be like telling a home builder to construct a house without a hammer and nails, wouldn’t it? Not necessarily. Some tasks will always be best accomplished using spreadsheets, but when it comes to planning,…

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Beyond Spreadsheets: The Next Level in Planning, Budgeting, and Forecasting

October 2nd | 2 pm EST Moving to the next level in planning, budgeting and forecasting is not easy if your bank relies on traditional spreadsheets to accomplish these strategic tasks. Recent research conducted by Aberdeen Group has found that “Best-in-Class” banks that take a “beyond spreadsheets” approach are gaining advantages that can benefit all banks. Mr. Castellina will share…

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