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UPDATED How Forecasts lead Your Business to Success (1)

There is difference in forecasting and prediction. Forecasting is a calculative method to predict how the future growth will take place by incorporating and casting forward data related to the past in a pre-determined and a systematic manner. Whereas, prediction is an estimated subjective consideration.

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UPDATED How Forecasts lead Your Business to Success (1)

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  1. How Forecasts lead Your Business to Success There is difference in forecasting and prediction. Forecasting is a calculative method to predict how the future growth will take place by incorporating and casting forward data related to the past in a pre-determined and a systematic manner. Whereas, prediction is an estimated subjective consideration. Analysis of Sales and Expenditure VNC Edge developed by VNC – one of the leading Business Process solution experts in Australia, facilitates this by generating sales, cost of goods sold, and expense account forecasts on the fly. Automatically analyze all historical transactions across all account lines to understand customer behavior, trends, seasonality, COVID anomalies, cash impact, and more. Analysis of Payments VNC Edge analyzes each customer to create live predictions of future payments, so you know the impact on your business. All unpaid or overdue invoices/invoices are automatically pulled into VNC Edge from Xero or QBO on a daily basis. These are easily manageable for short-term cash management. Short-Term Cash Flow Due Invoices and Bills If you can see the financial impact of changing the due date of an unpaid invoice or an invoice, you can help your customers gain control, change contracts, and resolve their issues. Accuracy in Sales Tax Prediction © VNC Edge Page 1 of 2

  2. Each forecast provides the most accurate sales tax calculation possible. In addition to that, we have live predictions of upcoming payments or refunds. Get the proper analysis as well as accurate business reports with VNC Edge developed by one of the excellent Reporting and Analysis implementation experts in Australia –VaderanCo (VNC). © VNC Edge Page 2 of 2

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