Integrated Budget, Cashflow, Balance Sheet, Funds Flow import actuals and update rolling
Forecast 5 is a comprehensive budgeting and forecasting product. Purpose built to remove all the errors associated with Excel budgets and provide sophisticated rolling forecasts and actuals variance analysis. Forecast 5 provides a range of data entry methods and cashflow options leading to the generation of budgets and accurate cashflows with a full financial reporting including Profit & Loss, Cashflow, Balance sheet and funds flow for up to 15 years.
As an Integrated solution Forecast 5 allows prior years data to be imported in to Forecast5 then extend the data with percentage changes to create the next years budgets and cashflows. Import of actuals and the entry of rolling budget simplifies the process to provide variance analysis against the original budget and the new forecasted results.
The use of record types such as Wages, Accruals & prepayments, Stock on hand and stock allow a complete budget of all the major processes of an entity. Options to budget by KPI’s last year Zero or Metrix budgets are all supported. Together with complete balance sheet records such as Fixed assets, Loans, bank accounts and much more.
This software is up to 10 times faster than excel and more accurate. Handling currencies and what if scenarios make the solution ideal for any entity with a budget need who wants to save time in getting their budgets done and know they are accurate for that final presentation to the board, the bank or stakeholders