Forekasts offers an all-in-one financial forecasting and management platform for SMEs. It simplifies business planning, rolling forecasts, and financial reporting by automating calculations and integrating accounting data. This provides clear visibility into financial performance for informed strategic decision-making.
Funding
Funding not disclosed
Founders
Product
Problem
Small and medium-sized businesses often struggle with complex financial planning and performance tracking, relying on manual processes and spreadsheets that are time-consuming and prone to errors. This lack of efficient, integrated tools hinders strategic decision-making and accurate forecasting.
Solution
Forekasts provides an all-in-one financial forecasting and management platform designed to simplify financial planning for SMEs. The application enables users to build comprehensive business plans, manage rolling forecasts, and generate detailed financial reports. By automating calculations and integrating accounting data, Forekasts empowers entrepreneurs and their advisors to gain clear visibility into financial performance and make informed strategic decisions. The platform supports various business models and development phases, from initial creation to growth and acquisition.
Target Audience
The primary target audience includes entrepreneurs, business creators, company directors, and business acquirers, as well as financial professionals such as accountants, consultants, and incubator/accelerator managers who support SMEs.
Features
- Intuitive interface for building business plans and financial projections using a block-based system.
- Automated calculation of key financial statements including cash flow, income statement, and balance sheet, projecting up to 10 years.
- Scenario planning and stress-testing capabilities to evaluate strategic robustness and potential outcomes.
- Direct accounting data synchronization via API or FEC import for real-time performance analysis.
- Comparative analysis tools, including geo-sectorial benchmarks against over 800,000 French companies.
- Customizable dashboards for monitoring key performance indicators (KPIs) and comparing actuals against forecasts.
- Multi-user access for collaborative financial planning and stakeholder engagement.
- Consolidation module for managing and forecasting financial performance across multiple entities within a group.
- API integrations with leading accounting software for seamless data flow.