Use this article to understand the main Forecasting Overview dashboard and how to interpret the headline metrics, team ranking, and recent forecast activity.
A Forecasting Overview dashboard provides a summarized view of forecast performance for the selected month and year. It helps team members, stakeholders, and decision-makers quickly understand how forecasted spend compares with actual spend and where follow-up is needed.
Use the year and month filters to review a specific period. The default year and month can be controlled by administrators.
Forecast Accuracy
Forecast Accuracy is the top-level visual indicator for how closely the selected month’s forecast aligns with actual spend. It helps you quickly judge whether the current forecast is tracking within the expected range.
Use this section to:
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See the overall forecast accuracy status for the selected period.
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Compare forecast, actual, and variance at a glance.
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identify whether the month needs immediate review.
The indicator displays a range from 0% to 100% and is shown through a RAG status. A lower deviation means the forecast is closer to actual spend, while a higher deviation means the forecast is less accurate.
You can hover over the indicator to view supporting values such as forecast amount, actual amount, and variance.
The following table explains the visual status:
|
Forecast Accuracy |
Color |
|---|---|
|
Low |
Red |
|
Medium |
Amber |
|
High |
Green |
Note: Thresholds for forecast accuracy are controlled by administrators.
Team Rank
Team Rank lists teams based on deviation percentage so you can quickly identify which teams are forecasting more accurately and which teams need attention.
Use this section to:
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Compare teams by forecast performance for the selected period.
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Search for a specific team.
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Identify month-over-month movement in team ranking.
A lower deviation percentage results in a higher rank.
The ranking is based on the following logic:
Deviation % = (Variance / Forecast) × 100
Where:
Variance = Actual - Forecast
The Rank Change column shows whether a team has moved up or down compared with the previous month.
Note: For the first month of a financial year, the initial ranking can carry forward from the last available month of the previous year.
Team Spend
Team Spend shows forecasted and actual spend by team for the selected month. This makes it easier to compare teams side by side and spot where the largest gaps appear.
Use this section to:
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Compare forecast and actual spend across teams.
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Identify teams with unusually high or low variance.
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Drill into a team for deeper analysis.
You can select a bar in the chart to move into the Team Forecast dashboard for that team.
Recent Forecast Updates
Recent Forecast Updates shows the latest changes made to forecast values in the current month. It helps you see what changed most recently and who made the update.
Use this section to review:
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The forecast adjustment amount.
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The comment entered with the change.
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The team and user responsible for the update.
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The date and time when the update was made.
This section is useful when you want quick context before opening the full Forecast Activity Logs page.
Next step
After reviewing the overview:
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Open Team Forecast for a team-level review.
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Open Accuracy Trend to examine deviation over time.
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Open Forecast Activity Logs to audit recent changes.
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