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
- +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.
- −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
Countries & Languages
Interface languages
Billing currencies
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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 Details
BizForecast's In-App Market Place
Does BizForecast have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
AUD ($), CAD ($), EUR (€), GBP (£), JPY (¥), USD ($)
Pros & Cons
- 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.
- 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.
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