A mid-year update (reforecast) blends actuals to date with a revised outlook for the rest of
the year, so your live forecast stays honest as the year unfolds, while your original plan
stays intact for comparison.
When to use it
- Actuals have diverged from plan and you want the forward months to reflect reality.
- A reorg, a pricing change, or a hiring shift changes the back half of the year.
- You want a current “where we will land” number without editing the frozen plan.
How it works
Lock the original
Your approved plan stays as a frozen version you can always compare against.
Set the boundary
Choose the month where actuals hand off to forecast. Earlier months use actuals, later
months use the revised outlook.
Apply reforecast rules
Adjust the forward outlook with rules, or let Nova suggest them. Re-run to project the
new landing point.
Compare the reforecast against the original in Comparison Center to see exactly how the
outlook has shifted since you locked the plan.
