Forecasting Methodology

P&L Forecasting Methodology in IFP

• Planning of income and expense data using a flexible coding scheme including many variables (e.g. company, country, cost centre, account and product)
• Easy creation and mapping of variables to support planning and data analysis (e.g. consolidated account codes, brands and cost/profit centre hierarchy variables)
• Flexible methods for centralised and de-centralised planning
• Models for allocation of expenses by any variable (e.g. by business unit or product)
• Easy management and comparison of multiple scenarios
• Full multi-user support for simultaneous manipulation of forecast data
• Simple tools to restrict access of individual users to forecast data

Sample Screenshots

1. 

   Comparison of multiple scenarios

2. 

   Flexible coding scheme

P&L (Profit and Loss) Forecasting in IFP - Video

View a video introduction to the P&L forecast editing features in IFP.