Forecast Accuracy is The measurement of how closely a revenue forecast predicts actual results, typically expressed as the percentage deviation between forecasted and actual revenue.
Forecast accuracy is RevOps' credibility metric. When the forecast says $2M and the quarter closes at $1.5M, leadership loses trust in the numbers, and by extension, in the ops function. Accurate forecasting is the difference between a RevOps team that has a seat at the strategy table and one that's viewed as a reporting function.