The Importance of Planning and Forecasting in BI
The budgeting and forecasting process is unique because it is forward thinking. Budgets and forecasts typically reside in spreadsheets where aggregate data is entered by several people in the organization. Tools such as Tableau, Qlik, PowerBI, and others have robust features for creating stunning dashboards from transactional data. However, organizations struggle to integrate and represent plans and forecasts in these BI tools.