Forecaster
Forecaster is a business forecasting and planning software. It helps companies create financial forecasts, budgets, and plans based on analytics and insights. The software provides flexible modeling, scenario analysis, reporting, and collaboration features.
forecasting
financial-modeling
budgeting
planning
Forecaster: Business Forecasting and Planning Software
Forecaster helps companies create financial forecasts, budgets, and plans based on analytics and insights, with flexible modeling, scenario analysis, reporting, and collaboration features.
What is Forecaster?
Forecaster is a cloud-based software that is designed to help businesses with financial forecasting, budgeting, and planning. It provides a central platform where organizations can create financial models, generate forecasts and budgets based on historical data and provide room for scenario analysis.
Key features of Forecaster include:
- Financial modeling - Build integrated P&L, balance sheet, and cash flow statements models. Connect your live company data and create driver-based models for dynamic forecasts.
- Reporting and analytics - Get visualizations like charts, graphs, and tables to communicate your forecasts. Perform variance analysis on your actuals vs plans.
- Collaboration - Share your forecasts, discuss insights, leave comments and enable organization-wide transparency into planning.
- Scenario management - Create what-if scenarios by changing individual drivers or events, compare scenarios and probabilities to optimize your plans.
- Modeling flexibility - Choose from top-down or bottom-up modeling based on your business needs. Build standalone models or integrated financial statement models.
Forecaster aims to provide a user-friendly platform for finance teams to improve the quality of their forecasting and enable data-driven decision making for the enterprise through accurate predictions and planning supported by analytics.
Forecaster Features
Features
- Financial forecasting
- Budgeting
- Scenario planning
- Modeling
- Analytics
- Reporting
- Collaboration
Pricing
- Subscription-Based
Pros
User-friendly interface
Customizable forecasts and models
Integration with other systems
Flexible and scalable
Good for complex forecasts
Collaboration features
Cons
Can be pricey for small businesses
Steep learning curve
Limited custom reporting
Data integration can be tricky
Not ideal for very simple budgets
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