What does "Rolling Forecast" refer to in OneStream?

"Rolling Forecast" in OneStream refers to a forecasting method that continuously updates projections based on actual historical data. This approach allows organizations to maintain a dynamic view of their financial outlook by regularly revising their forecasts as new data becomes available.

Unlike a fixed financial projection, which remains static regardless of changes in actual performance or market conditions, a rolling forecast takes into account the latest trends and outcomes to adjust projections accurately. This agility helps businesses to respond better to changing circumstances and make informed decisions based on the most up-to-date information.

This method stands out in its ability to provide ongoing visibility into financial performance, making it a valuable tool for strategic planning and resource allocation. Rolling forecasts often extend beyond traditional budgeting cycles, thus allowing organizations to plan effectively over longer timelines while remaining adaptable to change.