What is Forecast Drift Correction?
A process that adjusts financial forecasts in real-time based on actual spend data, helping to correct any discrepancies between predicted and actual costs.
Why it Matters
Forecast drift correction ensures that software and SaaS financial forecasts stay aligned with reality, allowing organizations to adjust their budget allocations as needed to avoid overspending.
Benefits
- Adjusts forecasts in real-time based on actual spend
- Corrects discrepancies between forecasted and actual costs
- Improves the accuracy of future financial predictions
- Helps prevent budget misalignment and over-expenditure
