Forecasting Software
Forecasting software is essential when it comes to financial planning and financial scenarios. Modeling your company's cash flow into the future is indispensable for every business. What is...
Marcus Smolarek
Gründer von finban
Zuletzt aktualisiert
Forecasting software is essential when it comes to financial planning and financial scenarios. Modeling your company's cash flow into the future is indispensable for every business.
What Is a Financial Forecast?
Financial forecasting refers to the creation of financial projections to predict and estimate the short- and long-term financial performance of your company. Forecasts are fundamental to the finance department and are used by businesses around the world as a basis for decision-making. Typically, company data is collected and combined with data that identifies market trends and changes to create forecasts.
Historical data — market, competitor, and internal performance — is also used to estimate revenues, profits, cash reserves, expenses, cash flow, return on sales, and other financial metrics for the future. These are then aggregated into KPIs or compared with current data.
3 Forecasting Software Solutions
Fathom
All-in-one: Reports, analytics, and forecasts. Fathom combines insightful reports, fast cash flow forecasts, and actionable financial insights into a refreshingly simple business management solution.
👍🏼 Comprehensive and sophisticated KPIs and views for financial planning
👎🏼 No direct bank connection / Integrations only with solutions commonly used in the US
finban
finban is a liquidity planning software that keeps your liquidity planning always in view and forecasts proactively — for brilliant decisions.
👍🏼 Unique & intuitive Kanban liquidity planning specifically for project-driven companies & agencies
👎🏼 Full feature set currently only available in Europe
Cube
Analyze, plan, and collaborate at top speed and with confidence.
👍🏼 Cube's simple and intuitive interface makes it a great choice for mid-sized companies looking to get started quickly with scalable, enterprise-grade technology at a reasonable price.
👎🏼 Very expensive