Identify metrics for benchmarking
Having benchmarks will provide a better perspective on the current standing of the company and where improvements are needed.
Improve forecasting accuracy
The more confident we are in our forecasting, the easier it is to make better decision about how we spend our money.
Develop a 3-year business plan that aligns with the company’s strategy
To ensure the company stays on track to hit financial targets and the whole company’s spending is taken into account, it’s essential to have a comprehensive financial plan for the organization to follow.
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