If you're using MYOB to manage your day-to-day finances, you already have valuable financial data at your fingertips. The challenge begins when it's time to create budgets, forecast cashflow, or report on future performance. Too often, this means exporting data into spreadsheets, managing multiple versions, and hoping formulas haven't been broken along the way.
Forecast 5 eliminates the risks and inefficiencies of Excel by providing a purpose-built budgeting, forecasting and reporting solution that integrates with your MYOB financial data.
Import your historical MYOB data in minutes, then build detailed budgets using a range of flexible methods including percentage increases, KPI-based forecasting, zero-based budgeting or metric-driven planning. Extend your forecasts for up to 15 years and quickly update them as your business changes.
As actual results are imported from MYOB, Forecast 5 makes it easy to compare actual performance against both your original budget and your latest rolling forecast, giving you clear variance analysis and a constantly up-to-date view of your business.
Unlike spreadsheets, Forecast 5 understands how businesses really operate. Built-in record types for wages, stock, fixed assets, loans, bank accounts, accruals, prepayments, GST and many other financial activities automatically flow through to your Profit & Loss, Balance Sheet and Cashflow forecasts, delivering greater accuracy with far less manual work.
Whether you're modelling different business scenarios, managing multiple currencies or preparing reports for your board, bank or stakeholders, Forecast 5 helps you produce reliable financial forecasts in a fraction of the time. Many organisations complete budgeting up to ten times faster than with Excel while gaining confidence that every report is accurate, consistent and presentation-ready.
If you rely on MYOB but have outgrown spreadsheets, Forecast 5 gives you the power to budget, forecast and report with confidence.