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31% OF FULL REPORTING IN LESS THAN 5 DAYS
51% OF FORECASTS ACHIEVED IN LESS
THAN A WEEK
Significant reduction in the production time of reporting
For 31% of the companies surveyed, comprehensive reporting (P&L and balance sheet) is produced in less than five
days in 2015, whereas only 12% of respondents reached this target in 2014, i.e. an increase of 19 pts. This increase
comes mainly from a transfer of almost 10 pts of the segment D+6 to D+10 to a segment of less than 5 days.
Fig. 13 Production time of reporting
As far as the production of P&L alone is concerned, almost 51% of the companies produce this document within 5
days, namely an increase of 9% over 2014. The acceleration is even more marked for the production of the balance
sheet and cash flow reporting: almost 44% of companies produce this in less than 5 days (vs. 19% in 2014).
In addition, there is a strong disparity depending on the nationality of the companies: 40% to 45% of Anglosphere
respondents (UK, US, Australia, Canada, South Africa) produce their reporting in less than 5 days vs. only 15% of
French companies. In contrast, there is very little disparity depending on company size, with consistent results
depending on the revenue band.
Faster forecasting, with stable use of rolling forecast
Companies tend to work out the forecasting faster than before: 51% of respondents produce their forecasting in less
than a week, i.e. +14% vs. 2014. This time reduction seems to affect all geographic areas, including European
companies (45% in less than one week, vs. 38% in 2014), which are brought closer to business practices in North
America (55% of companies produce their forecasting in less than one week).
Fig. 14 Production time of forecasting
0%
5%
10%
15%
20%
25%
30%
35%
40%
D à D+5 D+6 à D+10 4 = D+11 to
D+15
5 = More than
D+15
2014
2015
IAFEI Quarterly | Special Issue | 19