Forecast 5 is a budgeting and forecasting software designed to meet the needs of small to medium-sized businesses in a wide range of industries. It allows you to create accurate budgets and cash flow forecasts in just a few minutes. This budgeting software was made for today's connected and fast moving world. It's a lot more convenient to use than spreadsheets, and can be adapted to the requirements of any company. With this program, you'll get everything that you need to create forecasts that are 100 percent accurate.
The software has been designed to be easy to use, so you don't need to be an expert or to have previous experience with budgeting tools to take advantage of everything that it has to offer. Getting started is very simple. All that you need to do is to install the software, migrate your data from various sources and you'll be ready to create your first budget.
Forecast 5 has several features that make it convenient to use in businesses of all sizes. The stock records function is perfect for companies that handle physical goods. You can use it to keep track of stock on hand and stock made, all while factoring in your labor and other expenses.
For larger businesses that have several different departments that each need their own budgets and forecasts, there's a Departments and Cost Centers function. It allows you to keep all aspects of your business in consideration by creating separate budgets for all of your departments and cost centers.
Forecast 5 also works for you if you're a company that does business around the world. It supports using multiple currencies and bank accounts. This lets you accurately account for all of your cash flow from worldwide sources.
Bringing in your data to Forecast 5 is designed to be quick and easy. The software can pull information from spreadsheets and use it to populate your forecast records instantly. It also has integrations with some of the leading financial and accounting platforms, including Sage 50 Accounts, Sage 300, MYOB Exo and Xero. The developers are planning on adding integrations with other business tools in the future. Having the ability to instantly import data cuts down on the amount of manual data entry that you have to do, which reduces the possibility of errors and makes the whole process of budget creation faster.
Forecast 5 provides you with a wide range of reporting options. You can rapidly create reports showing your funds flow, profits and losses, balance sheets, cash flow and more. If you want to create a cash flow forecast that is easy to share with various members of your organization, Forecast 5 is the software for you, as it lets you choose from a variety of visuals. You get beautiful graphs that provide all of your most important information in a format that is easy to understand for everyone.
If you want to find out more about how the software can benefit your business, the developers of Forecast 5 host regular webinars that provide you with information on how their tools can be used to make your business work smarter.
Despite having many powerful features, Forecast 5 is one of the simplest budgeting and forecasting software products on the market today. You won't have any trouble getting your team members ready to use the software to its fullest potential quickly, as the developers provide a wide range of training courses. These courses teach everything from the essentials of the software, all the way to how to make the most of it in more advanced scenarios. The program also comes with a complete knowledge base that serves as a repository of information about the program. It gives you useful details on how to set up the program on your systems, how to configure it based on the needs of your business and how each of its features works.
Forecast 5 offers a variety of licensing options to suit small businesses and large enterprises alike. The Lite version is perfect for beginners. It includes a single license, allowing the software to be used on one computer at a time to create a single forecast. If you need the ability to create multiple forecasts at once, the Single Computer License version lets one user create up to 25 forecasts. For larger businesses, there's a Network License edition that lets you install the software on a server so that it can be used by multiple users throughout your organization. This version supports the creation of up to 50 forecasts. If you want to see whether Forecast 5 is right for you, there's a 21-day free trial version offered as well.
Any business looking for powerful budgeting software that allows them to create accurate forecasts rapidly should take a look at what Forecast 5 has to offer. It has powerful forecasting features, all while being simple to use, even for beginners.