Welcome to Financial-Forecasting.co.uk - forecasting solutions
As leading UK fully Accredited Sage Business Partners we can supply the forecasting software you need, SageCover support and complete training. We’ll make sure you are set up correctly with all that you need to make your forecasting with Sage a success.
Why do I need to forecast?
Accurate forecasting can be the key to ongoing business growth and continued success.
Preparing forecasts will help you assess you expected sales income, costs, external finances and profitability.
It will also enable you to monitor actual performance, so you can take any necessary action to keep your business on track.
As your business develops, forecasting needs are likely to become more complex. Increases in pricing, additional products, extra staff, foreign trading and many other changes can make forecasting very complicated.
Flexible software that is designed specifically for both growing and established businesses is the ideal solution for companies experiencing these and many other changes.
Advantages over Excel
See the table below for Sage forecasting software compared with forecasting using spreadsheets such as Microsoft Excel.
| Forecasting with spreadsheets | Forecasting with Sage 50 Forecasting |
|---|---|
| Figures easily entered in wrong columns or as text | Rigorous data entry system to identify and eliminate errors |
| User creates formulae; errors often remain undetected | Formulae are pre-installed to guarantee accuracy, although you can create your own if you wish |
| New information has to be entered manually to the various spread sheets | One-stop data entry means all reports are automatically updated with the latest information |
| Data still has to be copied and edited into professionally-presented reports | Automatically produces report set ready for presentation |
| Makes forecasting a major and occasional task | Allows forecasting to become a regular management tool an allows you to explore a range of 'what if?' scenarios |
| Data usually has to be entered manually, and new information requires re-formatting columns | Hotlinks to existing spreadsheets, Sage Line 50, other Sage Accounts software and Sage Payroll programs provide constant updates with live information |
| Each heading requires a separate column and new formulae | Automatic calculation of VAT, Corporation Tax, Bank Interest, Bad Debt Provision & Factoring |
However, if you still want to use Microsoft Excel, we provide training courses and support from Microsoft Accredited technicians.
What to do now?
See more about the options available to you. Click on the links below for more information.