Name: Forecast 5
Price: 1500 USD
Author: Forecast 5

Help Desk

Web and Video Conferencing

Customer Support

Image Recognition

Development

Business Intelligence (BI)

Collaboration

Diagramming

Project Portfolio Management

Supply Chain Management

Enterprise

Accounting

Invoicing

Finance and Accounting

Applicant Tracking

Benefits Administration

Corporate Learning Management

HR Management

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

Cloud Brokers

Cloud Storage

Converged Infrastructure

Data Center Infrastructure Management

Data Lakehouse

Data Observability

Data Privacy Management

Database Load Balancing

Ethernet Switches

File Sync and Share

Fraud Detection

Integration Platform as a Service (iPaaS)

License Management

Log Management

Managed IT Service

Network Performance Monitoring

Network Troubleshooting

NoSQL Databases

Packet Analyzer

Password Management System

Remote Support

SOA Governance

Single Sign-On

Smart Contracts

Solid State Drives

Threat Hunting

Threat Intelligence

Virtual Private Cloud (VPC)

Wireless LAN

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Content Management

Creative Collaboration

Customer Success

Digital Content Creation

Digital Signage

Email Marketing

Marketing Analytics

Marketing Automation

Social Media Management

Survey & Forms Building

Web Analytics

Marketing

Field Service Management

Meeting Room Booking

Project Management

Professional Services

Customer Relationship Management (CRM)

Sales Gamification

Sales

Construction Management

Equipment Rental

Homeowner's Association (HOA) Management

InsurTech

Insurance Suites

Investment Portfolio Management

Tax Practice Management

Vertical-Specific

Find top rated software and services based on in-depth reviews from verified users. 400+ software categories including PaaS, NoSQL, BI, HR, and more.

Priority Matrix

Appfluence

eMeetingsOnline

ReportsNow

FastPIPE

FastEST, Inc.

AspenOne Supply Chain Management

Aspen Technology

Crowdtap

Frosmo

Frosmo Ltd

Azurepath

Azurepath, LLC.

Screenful

Screenful Oy

Aras PLM

Aras Corporation

Forecast 5 is a budgeting and forecasting software solution designed to provide accurate and reliable financial statements for businesses. According to the vendor, it aims to eliminate errors and save time in the budgeting process, allowing users to focus on their core activities. The software is suitable for businesses of various sizes, from small to large organizations, and is used by professionals such as accountants, financial analysts, CFOs and finance managers, business consultants, and non-profit organizations.

## Key Features

**Consolidations**: According to the vendor, Forecast 5 allows users to consolidate departmental budgets, perform intercompany eliminations, and generate comprehensive financial reports.

**Integrations**: Forecast 5 integrates with various financial software, including MYOB Advanced, MYOB AccountRight, MYOB Exo, Sage 50 Accounts, Sage 300, SAP B1, and Xero. The vendor claims that this integration enables users to import data from their financial software, reducing double handling and saving time.

**One Touch Reporting**: The vendor states that users can create customized and professional report packs with just a touch of a button using the One Touch Reporting feature. This feature is designed to save time and effort in generating client-ready reports.

**Daily Cashflow**: Forecast 5 provides a rolling day-by-day bank position projection based on the budget for 90 days. According to the vendor, this feature helps businesses understand their cashflow position and plan accordingly.

**What If Scenarios**: Users can perform "What If?" analyses to explore different potential business scenarios, according to the vendor. This feature aims to assist in planning and decision-making by providing insights into the impact of various scenarios on the budget.

**Standard Reports**: Forecast 5 offers standard financial reports, including Profit and Loss, Balance Sheet, Cashflow, and Funds Flow reports. These reports provide a comprehensive overview of the financial performance of the business, according to the vendor.

**Export Forecast Data**: Users can export forecast data from Forecast 5 into a formatted spreadsheet, which can be imported into their ERP or reporting system, according to the vendor. This feature simplifies data transfer and enhances workflow efficiency.

**Cost Centre's**: Forecast 5 simplifies budgeting for departments and cost centers by allowing users to allocate budgets and track their performance separately, according to the vendor. This feature aims to provide better control and analysis of departmental spending.

**GL Code Tracking**: According to the vendor, Forecast 5 allows users to track GL codes for each record, making it easier to correlate Forecast 5 records with the corresponding GL codes in the financial system. This feature enhances accuracy and streamlines financial management.

**Multi-Currency**: Forecast 5 supports multiple currencies, allowing businesses operating globally to enter foreign sales and costs in their respective currencies. The vendor claims that this feature ensures accurate cashflow projections and accounts for currency fluctuations.

Base 

Advanced

All In

Ulitimate

LivePlan is business plan software for entrepreneurs.  Features include the pitch creation, sample plans, financial assessments, and performance dashboards.

LivePlan Premium

LivePlan Standard

LivePlan

Float is a cash flow forecasting solution that is designed to integrate with a company’s existing accounting software to create cash flow analytics.

Essential

Premium

Float Cash Flow

Forecast 5

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.

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

TrustRadius

Home

Budgeting and Forecasting Software

Forecast 5

Overview

What is Forecast 5?