How to succeed with your planning, budgeting, and forecasting process

We know it can be challenging to succeed with your planning, budgeting, and forecasting process. Therefore, we have gathered our best tips for you to succeed!

Our best tips for creating a successful planning, budgeting, and forecasting process!

1. Be transparent

Being transparent and engaging your organization with your planning, budgeting, and forecasting process is essential. The best way to keep your organization updated is to use dashboards to visualize your data and performance. This way, you can collaborate more efficiently within the organization and keep your dialog all in one solution.


2. Be aware of changes

We all know that different circumstances can affect your planning, budgeting, and forecasting process in the blink of an eye. With scenario planning, you can prepare for the worst and always have a backup plan if something unexpected occurs. Monitor your performance in real-time and adjust your process when needed.

3. Automate with AI

With AI, you can save time preparing your planning, budgeting, and forecasting process. Use your historical data and read trends throughout the years. AI can effectively help you because it doesn’t put any emotions into the planning. Instead, it provides profound insight, allowing you to make more informed decisions.

4. Driver-based planning

With driver-based planning, you can focus on the criteria that are most likely to drive success. You can save time by focusing on key business drivers and eliminating the line-by-line approach when creating the initial budget. Driver-based planning can be used in several different areas and industries.


There are many solutions on the market for planning, budgeting, and forecasting. One of the most common tools is Excel which is great if you work in a smaller organization. As the organization grows, it can be hard to manage several spreadsheets and collaborate. Therefore, we advise you to consider investing in a solution that supports all the tips above for planning, budgeting, and forecasting. It will save you and the organization time on manual and laborious processes.

Mercur Business Control

Our solution, Mercur Business Control, is implemented and configured to your individual needs and is used for planning, budgeting, forecasting, reporting, and analysis. To further enhance the added value we deliver, we work closely with several ERP vendors and suppliers of solutions in related areas. Contact us for more information on how we can help your organization succeed with your planning, budgeting, and forecasting process. 


Contact us for more information! 


Mercur Solutions (UK) Limited - UK office

Mercur Solutions Limited
Ocean House, The Ring, Bracknell RG12 1AX, United Kingdom
+44 (0) 1344 388 025

Mercur Solutions AB - head office in Sweden

Mercur Solutions AB
Vretenvägen 13, SE-171 54 Solna
+46 (0)-459 69 00


Malmo Office

Stortorget 3, SE-211 22 Malmö


Kyrkogatan 24, SE-411 15 Göteborg

Mercur Solutions

A Swedish company with over 40 years of experience, delivering solutions for performance management and business intelligence.




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