Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
We understand the time you invest in crafting budgets through spreadsheets, only to encounter discrepancies in your calculations. That's why Forecast 5 emerges as the contemporary solution for generating financial statements, freeing up your time and allowing you to concentrate on what truly matters. Experience how Forecast 5 instills confidence in your financial data by viewing our brief pre-recorded demo. Whether it's managing stock, payroll, consolidations, or reporting, we streamline every facet of the budgeting process, significantly simplifying it. This specialized tool is designed to ensure the reliability of your figures, making it unparalleled in its effectiveness. Effortlessly produce customized and polished report packs ready for printing with just a click. Built into Forecast 5 are essential financial reports like Profit and Loss, Balance Sheet, Cashflow, and Funds Flow, enabling you to generate these and additional reports quickly and efficiently. Additionally, you can consolidate departmental budgets into a comprehensive company budget, perform intercompany eliminations, and produce detailed financial reports with ease, enhancing your overall financial management experience. With Forecast 5, you can say goodbye to the hassle of manual calculations and embrace a more efficient way of working.
Description
This application serves as a comprehensive web-based budgeting and integrated spend management solution, along with offering additional features! Initially developed as a desktop budgeting program for Windows, it has transformed into a sophisticated cloud application for managing project budgets and expenditures. The core of this tool lies in the seamless integration of project budgets with purchase order monitoring, ensuring that all spending is meticulously tracked. The example of the tree structure demonstrates how Purchase Order objects (PO records) are organized hierarchically. All financial elements ascend from the POs (represented in green) to Projects (shown in wheat), then to Accounts (depicted in blue), and finally to Budgets (illustrated in grey). This structured financial framework is established by the Team, which includes the Admin, Project Managers, and Vendor contacts, who collaborate to create an initial budget framework. They work together in real time to generate new POs, approve costs, issue purchase orders, and monitor all invoices along with any changes throughout the lifecycle of the POs, ensuring a streamlined financial management process. With this integrated approach, teams can enhance communication and efficiency in their budgeting tasks.
API Access
Has API
No
API Access
Has API
No
Integrations
Microsoft Excel
No
Xero
No
Pricing Details
$99 per month
Free Trial
Yes
Free Version
No
Pricing Details
$1495 one-time payment
Free Trial
No
Free Version
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Vendor Details
Company Name
Forecast 5
Founded
2013
Country
New Zealand
Website
forecast5.com
Vendor Details
Company Name
Spicer-Baer Associates
Founded
1998
Country
United States
Website
spicer-baer.com/cloud-tracking-solutions/
Product Features
Accounting
Accounts Payable
No
Accounts Receivable
No
Bank Reconciliation
No
Billing & Invoicing
No
CPA Firms
Yes
Cash Management
Yes
Cryptocurrency Support
No
Expense Tracking
Yes
Fixed Asset Management
Yes
Fund Accounting
No
General Ledger
No
Government
No
Multi-Currency
Yes
Nonprofits
Yes
Payroll Management
No
Project Accounting
Yes
Purchase Orders
Yes
Tax Management
No
Budgeting
"What If" Scenarios
Yes
Asset Planning
Yes
Balance Sheet
Yes
Capital Asset Planning
Yes
Cash Management
Yes
Consolidation / Roll-Up
Yes
Forecasting
Yes
General Ledger
Yes
Income Statements
Yes
Multi-Company
Yes
Multi-Department / Project
Yes
Profit / Loss Statement
Yes
Project Budgeting
Yes
Run Rate Tracking
No
Version Control
No
Product Features
Budgeting
"What If" Scenarios
Yes
Asset Planning
Yes
Balance Sheet
Yes
Capital Asset Planning
Yes
Cash Management
Yes
Consolidation / Roll-Up
Yes
Forecasting
Yes
General Ledger
Yes
Income Statements
Yes
Multi-Company
Yes
Multi-Department / Project
Yes
Profit / Loss Statement
Yes
Project Budgeting
No
Run Rate Tracking
No
Version Control
Yes