Versioning and simulation of budgets and forecasts
Test and plan for multiple scenarios and outcomes
With versioning and simulation, you can explore different outcomes or get a clear picture of the situation if circumstances suddenly change. Simulate best case, worst case, and everything in between – without starting from scratch and without losing control.
No more versioning chaos
When budgets and forecasts are managed in spreadsheets, every new version becomes a project of its own. You have to copy tabs, adjust formulas, and hope nothing breaks along the way.
It’s risky – and far too time-consuming to test multiple scenarios.
- Error margins grow with every new version. Small changes in one tab can ripple across the entire sheet. And when you’re juggling multiple copies, it’s easy to lose track.
- You lose track of what changed and why. What was updated in this version – and why? Spreadsheets rarely give you a clear answer.
- It takes too much time – and shifts focus away from analyzing. Building new versions steals time you should be spending on evaluation and decision support.
Budgeting and forecasting when data needs to be set up manually for each scenario
Budgeting and forecasting when data is automatically copied into each new version or simulation
New versions and scenarios in 1-2-3
With versioning in the budgeting and forecasting solution on the CFO platform, you can quickly create new versions of budgets or forecasts – without rebuilding everything from scratch.
The entire dataset is reused: drivers, formulas, dimensions, and assumptions. You only change what you want to test, while keeping full visibility and control.
Choose a starting point
Start from an existing version – such as a completed budget proposal or the latest forecast.
New version with one click
Everything is carried over: structure, planning modules, drivers, and assumptions.
Adjust, test and simulate
Make changes in the new version, simulate scenarios, and compare outcomes – without touching the original version.
Be prepared and ready to adapt
Versioning and simulation let you test alternative scenarios using the same dataset, analyze consequences before they happen, and answer “what if?” questions as decisions are being made.
The budgeting and forecasting solution is ready to use and typically configured in just 100 hours.
