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To keep a closer eye on the state of the business, many leaders in the real-estate sector are looking to shrink their budgeting and planning cycles, or even moving to continuous planning and rolling forecasts. Many real-estate businesses start out planning with simple spreadsheets, but as their portfolio grows, things change.
There’s another adage, often repeated by military leaders, that says “no plan of battle ever survives first contact with the enemy.”. After the world-changing events of 2020, business leaders are more interested than ever in exploring these kinds of possibilities, modeling best case and worst-case scenarios, asking “what if?”
Interestingly, this number has jumped 8% since 2020. By unifying data access and enabling real-time synchronization, an automated reporting tool eliminates data silos and ensures consistency for accurate financialanalysis. Even fewer organizations are strictly on-premises at 7%.
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