Budgeting Vs Forecasting: Whats the Difference?
Mosaic automatically collects your financial data, so you won’t have to enter any numbers. This lets you focus on fine-tuning your forecasts and projections instead of mundane tasks like data migration. On the other hand, use forecasts when you need to share information about the company’s financial future with an external entity. This will help you estimate how the purchasing power of your income may change over time. Additionally, stay informed about market changes that may affect your investments or any other sources of income. You often develop them to help answer a host of different “what if” questions from company management. You often develop forecasts as market-facing analyses, intended to communicate likely outcomes to investors, lenders, stock market analysts, and other interested observers. Like this content?Sign up to receive…