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BizForecast

by PRIMAL · Since 2014
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ActiveAvailable globallyCloud
Quick facts
VendorPRIMAL
Year launched2014
StatusActive
Location一丁目16番地2, 高崎市中居町, 群馬県 JP
Countries servedGlobal
Languages2
IntegrationsN/A
Free tierN/A
Free trialN/A
Contact salesYES

About BizForecast

BizForecast is a business group management software from PRIMAL that supports financial consolidation and consolidated accounting. It combines financial consolidation, budget control, and management accounting so organizations can effectively manage their financial reporting needs. Designed for the IFRS environment, BizForecast includes a core module and disclosure and investor relations support, facilitating compliance and transparency. The system provides users with the tools necessary to consolidate financial data and manage budgets efficiently. Key capabilities: Financial Consolidation Budget Control Management Accounting Disclosure Support Investor Relations Support Best for: organizations that need a reliable accounting system for consolidated financial management and IFRS compliance.

BizForecast by PRIMAL is a sophisticated software solution designed to address the unique challenges of resource allocation and financial reporting for large corporations, particularly those managing multiple subsidiaries. Its primary focus is on streamlining data collection, aggregation, and reporting across business entities, making it an indispensable tool for Japanese corporations with complex organizational structures. By leveraging familiar Excel functionalities and introducing robust features for enhanced security and reporting, BizForecast provides a seamless yet powerful experience for financial professionals. One of the key strengths of BizForecast lies in its user interface, which is designed to be intuitive and user-friendly. By integrating the familiar layout and features of Excel, the software ensures that users can transition smoothly without the need for extensive training. This design choice caters especially to professionals who rely on Excel for financial analysis and reporting, offering tools such as pivot tables, interactive charts, and customizable dashboards. The inclusion of clear navigation menus and visually appealing data visualization elements enhances usability, making the software accessible to both seasoned and new users.

Pros & Cons

Pros
  • Data Aggregation & Consolidation: Seems well-suited for companies with multiple branches and diverse data sources, allowing for centralized data collection and analysis.
  • Excel-like Interface: May offer familiarity and ease of use for users accustomed to Excel's functionalities.
  • Focus on Reporting: Designed specifically for preparing data for reporting to decision-makers.
  • Enhanced Security: Eliminates potential security vulnerabilities associated with Excel macros.
Cons
  • Limited Availability: Currently only available in Japanese, restricting its use to Japanese-speaking markets.
  • Lack of Reviews: No user reviews on Capterra, making it difficult to assess real-world user experiences and satisfaction.
  • Limited Feature Comparison: Compared only to QuickBooks Online Advanced, which may not be the most relevant comparison for all potential users.
  • Pricing Information Not Available: Starting price and pricing model are not disclosed, making it difficult to evaluate cost-effectiveness.

Features

Key features

1. "Use Excel" Approach

Focuses on enhancing Excel's capabilities for business management rather than completely replacing it.

2. Consolidated Accounting

Streamlines financial consolidation processes for groups.

3. Budget Control & Management Accounting

Supports budgeting, forecasting, and management accounting tasks.

4. Disclosure & IR Support

Aids in preparing financial reports and investor relations materials.

5. BI & Data Analysis

Provides tools for data analysis, simulation, and visualizations to support decision-making.

6. Cloud Operation

Offers cloud-based deployment options for enhanced security and accessibility.

Additional features

1. Core Module

Foundation for the system, providing core functionalities.

2. FC (Financial Consolidation and Consolidated Accounting)

Consolidated financial statements

Intercompany transactions
Foreign currency translation
Equity accounting
Statutory accounting
3. BC (Budget Control, Management Accounting)

Budget planning and control

Variance analysis
Management reporting
Performance analysis
4. IR (Disclosure and IR Support)

Financial statement disclosure

Investor relations materials preparation
XBRL reporting
5. BI (BI and Graph Charts)

Data warehousing and analysis

Interactive dashboards
Predictive modeling
Scenario planning
6. System Configuration and Operating Environment

Customizable to meet specific business needs

Compatible with various operating systems and browsers
7. Implementation and Maintenance Support Service

Consulting services for system implementation

Technical support and maintenance
8. Cloud Operation Service

Cloud-based deployment and management on AWS

9. Partners

Ecosystem of resellers and partners for integrations and extended functionalities

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
2
Interface languages
6
Billing currencies

Interface languages

EnglishJapanese

Billing currencies

🇦🇺AUD🇨🇦CAD🇪🇺EUR🇬🇧GBP🇯🇵JPY🇺🇸USD

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