What is rolling forecast? How can you use it in Enterprise Planning and Budgeting?

• Rolling Forecast is a popular concept to facilitate continual planning vs. distinct planning as in Annual Plans or a regular Forecast.
• In a Rolling Forecast companies typically plan for 12, 18 months or a rolling 4,8 Quarters.  The Forecast goes beyond the current year.
• Forecast the entirety of the Current Year plus a portion of the following year.
• Less focus on the “YearTotal” and more on the Rolling Forecast Range.
• Many companies want to run both process but eventually would like to move to rolling forecast

What are the key differences between traditional budgeting/planning and rolling forecast?

Traditional Budgeting:

• Calendar-based (Annual, Quarters etc.)        
• Fixed targets (Sales/Profit, other KPIs)
• Resource allocations are rigid
• Manual account based and often connected to accounting cycles

 

Rolling Forecast:

• Event based and real-time adjustment to calendar forecasts       
• Dynamic adjustments to targets based on external/internal events in business
• Forecasts and re-allocation of resources based on dynamic targets
• Driver based on assumptions, and connected to business operations

 

Thank you to Muthu Ranganathan, Director, Product Management, for information on this topic.

 

References:

• Video - Video that demonstrates rolling forecast in EPBCS
• Rolling Forecast Documentation

 

When a performance issue in EPM Cloud might be the result of a network connectivity issue, customers are requested to collect browser network performance diagnostics.

Thank you to Vinay Gupta, Consulting Member of Technical Staff, for his presentation on this topic; attached to this blog.

Collecting Diagnostic Information for INTERNET EXPLORER:

1. Clear the browser cache

Select Tools, then Internet Options.
Under Browsing History, click Delete.
Make sure that all checkboxes are selected, and then Press Delete.

2. Open network diagnostics

Select Tools, then F12 Developer Tools.
Click Network.
If the Play button (green play icon) on the left is not enabled, click it.
Connect to your EPM Cloud service instance, and execute the use case in the browser.
Log off your EPM Cloud service instance, and execute the use case again in the browser.
This is to ensure that the static content is cached by the browser.

 

3. Click the Export as HAR symbol, and then save the HAR file.

Submit feedback using the Provide Feedback utility.
Attach the HAR file to the service request, and add the Provide Feedback reference to the service request.

 

Collecting Diagnostic Information for CHROME:

1. Clear the browser cache

Under the Chrome customize and control symbol, select More tools, and then Clear browsing data.
Under Time Range, select All time, and then click CLEAR DATA

2. Invoke network diagnostics:

Under the Chrome customize and control symbol, select More tools, and then Developer tools.
Click Network.
Connect to your EPM Cloud service instance, and execute the use case in the browser.
Log off your EPM Cloud service instance, and execute the use case in the browser again.
This is to ensure that the static content is cached by the browser.

3. Right-click anywhere under the Name column, select Save as HAR with content, and save the HAR file.

Submit feedback using the Provide Feedback utility.
Attach the HAR file to the to the service request, and add the Provide Feedback reference to the service request.

 

Collecting Diagnostic Information for FIREFOX:

1. Clear the browser cache:

Under the Open menu symbol,select History.
Select Clear Recent History.
Under Time range to clear, select Everything, and then click Clear Now.

2. Open network diagnostics:

Under the Open menu symbol, select Developer, and then select Network.
Connect to your EPM Cloud service instance, and execute the use case in the browser.
Log off your EPM Cloud service instance, and then execute the use case in the browser again.
This is to ensure that the static content is cached by the browser.

3. Right-click anywhere in the File column, and then select Save all as HAR. Save the HAR file.

Submit feedback using the Provide Feedback utility.
Attach the HAR file to the service request, and add the Provide Feedback reference to the to the service request.

References:

• Submitting Provide Feedback Documentation
• Presentation - Vinay Gupta, Consulting Member of Technical Staff