Which features should a planner use to distribute budget values across various departments based on historical data?

Allocations are essential when it comes to distributing budget values across various departments, particularly when leveraging historical data. This feature allows planners to proportionally allocate expenses or budget amounts based on historical performance or predefined rules. By using allocations, planners can ensure that the budget distribution reflects past spending patterns, thus making it a science-based approach that facilitates informed decision-making.

The allocation process typically takes historical data into account, allowing for a nuanced and precise distribution that aligns with various departments' needs and historical financial behavior. This helps organizations in making more realistic and effective budget plans.

In contrast, while rolling forecasts provide a way to continuously update budget predictions based on recent trends, they don't specifically deal with distributing set budget values across departments. Predictive forecasting utilizes statistical techniques to forecast future data points, which can inform budgeting but doesn't directly facilitate the allocation process. Data actions, on the other hand, are generally focused on manipulating datasets rather than distributing budget values.