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ProForecast

by ProForecast · Since 2018
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ActiveAvailable globallyCloud
Quick facts
VendorProForecast
Year launched2018
StatusActive
LocationSoftware Centre Tavistock Place, Sunderland, England SR1 1PB, GB
Countries servedGlobal
Languages1
Integrations
Free tier
Free trial
Contact sales

About ProForecast

ProForecast is a financial and business planning software from ProForecast that supports organizations in their planning processes. It combines quarterly and annual reporting, forecasting and scenario planning, and benchmarked KPIs so businesses can make informed decisions. Additionally, ProForecast offers a tutorial for user onboarding, as well as integration with Power BI for advanced analytics. This software also includes dedicated account management, training, and customer-led development to ensure users receive the support they need. Key capabilities: forecasting and scenario planning quarterly and annual reporting benchmarked KPIs integration with Power BI dedicated account manager Best for: mid-market leaders that need effective financial and business planning solutions.

ProForecast by ProForecast is a robust financial forecasting and business planning software designed to support businesses in making informed strategic decisions. The software stands out with its comprehensive suite of tools that encompass financial reporting, scenario planning, and cash flow forecasting. These capabilities make it an indispensable tool for organizations seeking to enhance their financial management and operational efficiency. Key features, including interactive reports, data visualizations, and customizable corporate dashboards, provide users with clear insights into business performance and facilitate a data-driven approach to decision-making. The user interface of ProForecast is one of its standout features. It is designed to be intuitive and user-friendly, making it accessible to users with varying levels of technical expertise. The software’s clean layout ensures that users can navigate through its modules effortlessly, while the customizable dashboard allows them to tailor their workspace to specific needs. The inclusion of drag-and-drop functionality and interactive graphs further enhances usability, providing a seamless experience that minimizes the learning curve and maximizes productivity. ProForecast’s functionality is extensive and versatile, catering to the diverse needs of its users.

Pros & Cons

What users like
  • +Powerful Forecasting Capabilities: Handles complex forecasts with multiple scenarios effectively.
  • +Offers advanced features like "What If" analysis.
  • +Provides in-depth reporting and drill-down capabilities.
  • +Includes the Rapier AI Engine for accurate predictions.
  • +User-Friendly Interface: Easy to use and navigate.
  • +Intuitive design makes it accessible for users with varying levels of technical expertise.
  • +Cloud-Based Solution: Enables flexible work from anywhere.
  • +Facilitates quick access to data and reports.
  • +Strong Customer Support: High ratings for customer service in the reviews.
What users flag
  • Potentially Steep Learning Curve: While user-friendly, setting up complex forecasts might require some initial learning.
  • Relatively High Cost: Starting price of £200 per user per month can be expensive for some businesses.

Features

Key features

1. Collaborative Integrated Cash Flow
Allows multiple users to work together on cash flow projections.
2. Balance Sheet Management
Tools to manage and forecast balance sheets.
3. Profit & Loss (P&L) Statements
Generate and analyze P&L statements.
4. Budgeting
Comprehensive tools for creating and managing budgets.
5. Forecasting
Advanced forecasting tools to predict future financial performance.
6. Reporting
Generate detailed financial reports.
7. AI-driven Demand Forecasting
Uses artificial intelligence to predict demand more accurately.
8. Custom Dashboards
Create personalized dashboards to visualize key metrics.
9. Business Intelligence and Data Visualization
Tools to analyze data and create visual reports.
10. “What If” Scenario Planning
Test different financial scenarios to see potential outcomes.
11. Monte Carlo Analysis
Advanced statistical analysis to predict the probability of different outcomes.

Additional features

1. Cash Flow Management
Tools to manage and forecast cash flow.
2. Balance Sheet Management
Tools to manage and forecast balance sheets.
3. Profit & Loss (P&L) Statements
Generate and analyze P&L statements.
4. Budgeting Tools
Comprehensive tools for creating and managing budgets.
5. Forecasting Tools
Advanced forecasting tools to predict future financial performance.
6. Reporting Tools
Generate detailed financial reports.
7. AI-driven Demand Forecasting
Uses artificial intelligence to predict demand more accurately.
8. Custom Dashboards
Create personalized dashboards to visualize key metrics.
9. Business Intelligence and Data Visualization
Tools to analyze data and create visual reports.
10. “What If” Scenario Planning
Test different financial scenarios to see potential outcomes.
11. Monte Carlo Analysis
Advanced statistical analysis to predict the probability of different outcomes.
12. Consolidated Reporting
Combine reports from different departments or business units.
13. Benchmarking
Compare performance against industry standards.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Monthly plans

ProForecast

GBP 50

Countries & Languages

Global
Countries served
1
Interface languages
10
Billing currencies

Interface languages

English

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇯🇵JPY🇦🇺AUD🇨🇦CAD🇨🇭CHF🇨🇳CNY🇸🇪SEK🇳🇿NZD

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