The enhanced Forecast widget in a table view format provides users with a straightforward numerical representation of forecasts, making it easier to compare with past expenses.
For instance, while the FinOps team might want a monthly forecast breakdown, the finance division could be interested in this quarter's forecasted trends for their cost center. On the other hand, the management might look for a half-yearly summary of departmental forecasts for strategic decisions.
Key highlights:
Versatility in Timeframe Selection: Users can select from predefined time frames or customize their own to suit specific needs.
Detailed Grouping Options: View data by service, virtual tags, cost centers, and more.
Comprehensive Data Points: Forecast for the selected period, previous period cost, and comparison between two periods.
How To Create a Forecast Widget Table View
Navigate to the Dashboard feature.
Add a widget. Select Table Chart.
Check the Show forecast checkbox.
Set the necessary filters for your forecast.
Group by: select the group of values to see the forecast for. cost centers, services, custom costs, Virtual Tags, and more.
Define the time frame for the forecast, be it the current month, quarter, year, or a personalized duration.
7. Give your forecast table widget a name and description (optional).
8. Click Save widget.
After saving, you will be automatically redirected to your new dashboard, where you will see your newly created forecast table widget.
Components of this widget include:
Forecasted cost of the selected period.
Previous period cost- Represents the exact period before the current period. The tooltip for this column indicates the exact dates.
Comparison- The comparison between the selected timeframe and the previous period in dollars and percentages.