The annual ritual of budgeting stands as a cornerstone in the financial planning of many corporations. Yet, amidst its prevalence, debates persist about its efficacy. Is this traditional practice truly effective, or does it hinder progress and innovation? Amid the Pandemic, I was asked to share my perspective on forecasting with a large group of CFOs in New York & New Jersey. Let’s just say that over the past few years, there have been plenty of heated debates around the need and effectiveness of FP&A groups as predictive analytics continue to evolve.