Happy New Year! At Syft, we're all about starting the year off with a bang. So, today, we are happy to introduce a highly anticipated feature - the ability to compare actuals to budgets and forecasts on dashboards for Connections (your non-financial data) and KPI Scorecard cards.
Let's look at how this works.
What's new 🧐
You can now compare Connection and KPI Scorecard Dashboard cards with the corresponding budget or forecast data in Syft. How do you do this? Simply click on the cog icon at the right-hand side of the card and select "Compare." You will then see the option to compare to a forecast or budget.
If you have multiple forecasts or budgets, you be able to choose the specific forecast or budget in question, and voilà! You'll have a clear comparison within your Dashboard!
Note 📝: This only applies to budgets created in Syft, not budgets created in your underlying provider.
Why it's great 👏
You’ve likely dedicated significant time to planning for the future with forecasts and budgets. However, it’s important to review these regularly and compare them to actual results to determine if your performance is on track or if you need to make any adjustments. By being able to make these comparisons in dashboard cards, you can quickly assess whether you are on track through a clear visual representation.
Closing thoughts 💭
I hope you'll enjoy this new functionality in Dashboards. Remember, budgeting and forecasting is an ongoing process. You want to be checking how your actuals measure up so that you can plan better for the future.