Managing economic adversity: A framework for success
Use this simple six-step checklist for continuous planning in all economic environments.
Uncertainty and volatility seem to be the only consistent elements in the post-COVID economy. So, how do you adequately measure the financial impact today’s economic landscape will have on your business? By utilizing a true planning model.
A professional forecasting platform for budgeting and asset/liability management and interest rate risk adapts to changing conditions. As such a system is relationship-driven, it can be set to react to environmental changes, including rates. As the rate environment shifts, so should your balance sheet growth and product mix. Planning models help you test the impact of such changes and measure results in minutes, not hours.
Though market conditions may be changing, the response we recommend for fluctuating environments does not. Below is a simple six-step checklist for continuous planning in all economic environments.
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