Name: Castaway
Price: 103 USD
Author: Castaway

Customer Training

Help Desk

Web and Video Conferencing

Customer Support

Batch Management Software

Functional Testing

Development

Business Intelligence (BI)

Collaboration

Data Extraction

Dropshipping

Emissions Management

Intellectual Property (IP) Management

Privacy Policy Generators

Statistical Analysis

Workflow

Enterprise

Accounting

Accounts Payable

Crypto Tax

Online Trading

Subscription Management

Treasury Management

Finance and Accounting

Applicant Tracking

Corporate Learning Management

HR Compliance

HR Management

Payroll

Relocation

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

AI Agent Builder

AI Governance

Authorization

Cloud Storage

Custom Software Development Services

Data Center Virtualization

DevSecOps

Fraud Detection

Infrastructure-as-Code (IaC)

Integration Platform as a Service (iPaaS)

Managed Public Cloud Infrastructure

Network Performance Monitoring

Secure Email Gateway

Sensitive Data Discovery

Session Border Controllers

System Monitoring

Time Series Databases

Tower Servers

Web Portal

Information Technology

A/B Testing

AI Image Generation

Ad Serving & Retargeting

All-in-One Marketing

Audience Engagement

Content Management

Email Marketing

Market Intelligence

Marketing Automation

Social Media Advertising

Social Media Management

Survey & Forms Building

Web Analytics

Marketing

Project Management

Professional Services

Customer Relationship Management (CRM)

Lead Generation

Lead-to-Account Matching and Routing

Sales Enablement

Sales

Cloud Infrastructure Entitlement Management

Secure Service Edge (SSE)

Security

Architecture

Banking

Digital Forensics

Financial Services CRM

Internet of Medical Things

Vertical-Specific

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Castaway is a forecasting and budgeting software designed to meet the needs of small to medium-sized businesses. According to the vendor, it offers a range of features that can assist accountants, financial advisors, business consultants, professional services firms, and retail and e-commerce businesses. The software allows users to create detailed budgets and forecasts, utilizing historical data and assumptions to project future financial performance. It also enables the customization of financial models to fit specific industries and business needs, helping to evaluate the financial feasibility of new projects or investments.

According to the vendor, Castaway provides scenario analysis capabilities, allowing users to test different scenarios and assess their impact on financial outcomes. This can help identify potential risks and opportunities for the business, enabling informed decision-making based on a range of possible outcomes. The software also offers integrated profit & loss, balance sheet, and cash flow functionalities, generating accurate and comprehensive financial statements. It helps ensure the balance between revenue, expenses, assets, and liabilities, while also analyzing the cash flow position of the business and managing working capital effectively.

Castaway allows for business performance monitoring, as users can track actual financial performance against forecasts and budgets. According to the vendor, this feature helps identify variances and take corrective actions as necessary. It also facilitates the monitoring of key performance indicators and metrics to drive business improvement. The software supports multi-company and consolidation capabilities, enabling users to manage multiple companies within one platform. It allows for the consolidation of financial data from different entities, providing a holistic view of the financial performance of the entire business group.

According to the vendor, Castaway offers collaboration and reporting functionalities, allowing users to share forecasts and reports with clients, stakeholders, and team members. It facilitates real-time collaboration and the provision of valuable insights to clients. The software also enables the generation of professional reports and visualizations for effective communication. It seamlessly integrates with popular accounting software like Xero, QuickBooks, and MYOB, according to the vendor. This integration helps streamline the forecasting and reporting process, eliminating manual data entry and reducing the risk of errors.

Castaway provides what-if analysis capabilities, allowing users to test different scenarios and assess their impact on financial outcomes. According to the vendor, this feature helps evaluate the feasibility of strategic initiatives and business decisions. It also assists in optimizing resource allocation and identifying areas for improvement. The software supports sensitivity analysis, enabling users to analyze the sensitivity of financial outcomes to changes in key variables. It helps assess the impact of different assumptions and market conditions, identifying the most critical drivers of business performance.

Finally, Castaway offers goal setting and monitoring functionalities, allowing users to set financial goals and targets for the business. According to the vendor, users can track progress towards these goals and monitor performance. The software enables the adjustment of forecasts and strategies to achieve desired outcomes.

Basic

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Premium

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Castaway

Budgeting and Forecasting

Budgeting, Planning, and Forecasting

These activities are designed to assist with both data-driven operational, short-term planning and strategic long term planning

Long-term financial planning

Financial budgeting

Annual budget for revenue and operating expenses, headcount/compensation, capital expenses, projects, etc.

Forecasting

Combining actuals and budgets, rolling forecasts, driver-based models.

Scenario modeling

Financial or operational modeling of alternate future states and planning for each.

Management reporting

Budget vs. actual or forecast, P&L’s, performance over time, between products etc.

Budgeting Tools

Allot financial resources to guide your organization's spending

Automated Budgeting

Automated reporting and cash flow tracking reacts to real-time changes to more efficiently plan budgets.

Financial Planning Collaboration

Collaboration tools coordinate finance team members’ budgeting-related task completion through file sharing and chat features.

Budget Customization

Customizable templates and forms for performance visualization

Departmental Budgeting

Division of budget across multiple departments according to an individual team's spending and resources.

Import & Export Tools

Importing of financial data to accurately budget resources and exporting of reports to share across your organization.

Analytics and Reporting

Dashboards and scorecards for KPI monitoring and benchmarking

Personalized dashboards

Create custom dashboards and reports without the help of IT or administrators.

Color-coded scorecards

Track and analyze performances with interactive, color-coded balanced scorecards.

KPIs

Select from a library of more than 6,000 key performance indicators, and incorporate KPIs into your planning process.

Cost and profitability analysis

Cost and profitability analysis provides data for business decision making.

Benchmarking with external data

CPI, daily exchange rates, industry KPIs. with scheduled data refreshes.

Revenue Forecasting

Key Performance Indicator setting

Ability to set key performance indicators for measuring progress towards goals.

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Budgeting and Forecasting Software

Castaway

Overview

What is Castaway?