Main Objectives

• Corporate Forecast Business Guide is a tool that helps Leaders of Functions expand the forecasting process knowledge to teams and apply company rules to the forecasting planning of their units.

Problem statement 

Expenses of corporate functions and their headcount should consider the trends in revenue, profitability of the company, and headcount of delivery units. Management of the company must be provided with accurate forecasted costs and revenue from the 12-month perspective. Lack of long-term accurate visibility makes it impossible to build forward-looking company strategies and make informed business decisions.

Goals of corporate functions Forecast Business Guide

• Increase expensive visibility in the Forecasting Platform for a 12-month perspective.
• Keep optimal cost per FTE and cost to revenue in and find options for reducing expenses because of scale by implementing innovative solutions that can cover a larger audience at lower expenses or by outsourcing the required service.
• Give management visibility and the ability to forecast accurately.
• FCST is the only data source that only authorized people can use. If you need to do extra calculations in an Excel file, you have to get approval from your manager or HQ lead (for country leaders). All the numbers you put into FCST as company statements, as all P&L statements, CM, and Budget models used for decision-making rely exclusively on this data. 

The importance of the forecasting process at SoftServe

The forecasting process is essential at SoftServe, as it influences business decisions done by all levels of management for both short and long-term perspectives.