Skip to content
Paro Business Finance Experts

Budgeting & Forecasting

Achieving your budget and forecasting goals takes planning ahead and constant decision making based on recent performance.

TRUSTED TALENT FROM TOP SCHOOLS & COMPANIES
  • GENERAL ELECTRIC LOGO
  • HARVARD BUSINESS SCHOOL LOGO
  • DELOITTE LOGO
  • STANFORD BUSINESS SCHOOL LOGO
  • JPMORGAN LOGO
  • FEDEX LOGO
  • NIKE LOGO
  • MORGAN STANLEY LOGO

Plan for Success Before Starting to Execute

Budget Creation

  • Create company-wide and department-level financial targets to guide you business each month.
  • Establish checks and balances to ensure tracking toward milestones and goals.

Budget Variance Analysis

  • Report on performance vs. expectations including high-level goals and granular details to create accountability at all levels.
  • Compare against historic performance to inform business decisions and refine models and forecasts.

Monthly Updates & Outlook

  • Report results to key stakeholders for live decision-making.
  • Update models and dashboards based on monthly trends.
  • Avoid overweighting to months-old expectations by staying on top of current performance.

Forecasting

  • Define what your business will accomplish with granular goals and assumptions.
  • Layer complexity into your forecasts to help determine strategic priorities and growth.

Annual Planning

  • Align on strategic goals and the plans to achieve them.
  • Prioritize key initiatives and allocate resources and capital for the year.

13-Week Cash Flow Forecast

  • Prioritize the near-term cash health, particularly if restructuring or in need of a turnaround.
  • Transition from monthly to weekly forecasts with additional scenario analysis to navigate your unique, immediate business needs.