Enterprise glossary and term center
Research and understand all the intricate terms and definitions that surround the ecosystem of enterprise resource planning (ERP), enterprise software and no-code tools.
- Enterprise terms
- Sales Forecasting
- What is meant by a sales forecast?
Sales Forecasting - What is meant by a sales forecast?
Sales forecasting is the process of estimating future sales. Accurate sales forecasts enable companies to make informed business decisions and predict short-term and long-term performance. ... It is easier for established companies to predict future sales based on years of past business data.