Forecast

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What is Forecast?

Forecast helps you execute large projects effectively without compromising on time, quality, budget or other projects.

Forecast is a full-scale project and resource management solution that grows out to a complete suite of great functionalities. It unites project management, resource planning, team collaboration, finance, and reporting under one roof, bringing the power of AI to automate administrative tasks. It's a robust alternative to point project management solutions used in professional service organizations.

Perfect for companies of 50+ employees who want the full project portfolio and resource overview, in one software.

  • More predictable and accurate project proposals 
  • Better planning and analysis with Insights & Reporting
  • Stronger Business decisions supported by AI 
  • Flexible resource management with Project and Task Allocations
  • Efficient Task and Time Management
  • Actionable Insights into Project Profitability with cost, revenue and profit updated in real time


Forecast Awards


Forecast currently scores 91/100 in the Project Management category. This is based on user satisfaction (93/100), press buzz (43/100), recent user trends (rising), and other relevant information on Forecast gathered from around the web.

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Forecast Review

Editors' Review by the Project Management Software Review Team

Forecast is a cloud-based project management solution that helps assist a variety of businesses in planning and executing their projects. When you have a workforce with different employees working on several tasks simultaneously, having a flexible solution becomes an essential tool in your daily operations. This allows you to have several tools and functionalities such as Kanban boards, budget and forecasting applications, rate cards, issue trackers and much more.

With powerful and accurate features as well as an easy-to-navigate interface, Forecast provides users with a system that’s simple to set up and easy to keep running.

Forecast Features

While it provides a wide variety of capabilities, these are some of the top features offered by Forecast:

Resource management

Forecast offers a variety of features to assist with resource management. You’ll be better equipped to handle scheduling, assigning roles to your teammates, utilizing your resources and managing the capacity of your workload. This makes it easier to keep track of materials, tasks, staff, projects and other factors in relation to your projects.

Project management

Under the project management category, you can benefit from several features. Gantt charts, Kanban boards, project templates and statements of work are just some of the tools that are at your disposal. This makes it easier to view and track your projects since they offer simple visual and progress tracking representations.

Team collaboration

With team collaboration-centric features, you have functionalities related to tasks, prioritizations, role-based permission levels, guest users, file sharing and storage, project workspaces and notifications. The previously mentioned tools make it easier to keep track of your team’s progress in all your projects. This makes it easier to communicate and focus on tasks that need to be prioritized more.

Time tracking

Time tracking is useful in knowing when projects are expected to finish or when deadlines are fast approaching. It comes with a handful of useful features such as a day, week and month timesheets, suggested tasks, suggested time entries as well as an automatic timer.

Financial management

Under financials, you have project accounting, budget tracking, rate cards, expense management and invoicing. This allows users to benefit from accurate invoicing and price rates. This is useful for those businesses that don’t have their own accounting department and also don’t want to spend time switching between various software solutions.

Business intelligence

Forecast comes with business intelligence capabilities that facilitate real-time reporting, resource utilization tracking, shareable insights, data visualizations and CSV data exports for distribution.

Integrations

Forecast lets you make use of third-party integrations, an open developer API and the benefit of a single sign-on feature. It should be noted that for the Standard pricing package, you can only use the first two of the enumerated features.

Service and support

With Forecast, you don’t have to worry about not knowing how to use your software solution, especially since it makes sure you will always be supported. Support comes in a variety of ways—chat and email, the availability of a Help Center, training videos and tutorials and webinars. Some pricing packages also include 1:1 assistance from the Forecast Customer Success team and phone support.

Compliance

You don’t have to worry about staying in compliance with certain rules and regulations. Forecast comes with state-of-the-art security and redundancy, audit logging, GDPR, uptime SLA and data encryption.

Forecast Homepage

Forecast Benefits

Highlighted below are some of Forecast’s key benefits:

Efficient project management

By having a visual platform to view all tasks, projects and assigned team members, managers can experience efficiency and organization. It also ensures you and your teammates stay on the same page with each other, ensuring a successful team collaboration. Some of the tools also allow you to plan and schedule events and tasks ahead of time. This supports complete control and flexibility over how your business operates.

Real-time reporting

Real-time reporting paves the way for better decision-making, accuracy in data and transparency in terms of your progress. With the visual aspect and the dashboard experience, users need only to take a quick glance at the graphs and charts to stay updated. You can even build and customize live reports.

Increased customer satisfaction

At the end of the day, you want your customers and clients to have their vision achieved. This can’t be done unless you have complete control over each step of the project. People want quick but accurate results. With this software solution, you are given an adaptive work process that automates manual labor, increases project agility and monitors project risk.

Forecast Homepage

Forecast Pricing

Forecast has three pricing packages that differ based on the number of users and the features made available. If you’re confused about which pricing plan to use, then you can go to Forecast and input the number of users you have. The solution then suggests a pricing plan to fit your business’ requirements. It also lets you know which features and functionalities you’ll be paying for with your plan. In line with this, you have two pricing methods to consider as well—monthly and annual. Forecast encourages you to choose the annual plan as you can save 20%. Furthermore, each plan offers a free trial.

Standard

Standard is the first pricing plan offered to newcomers. It’s priced at $30 per month and is suitable for companies where happy employees, successful projects and client success matter the most. Each virtual seat costs $2.5. You need at least a minimum of 10 seats. Additionally, this plan includes the following features:

  • AI-powered features
  • Resource management
  • project management
  • Team collaboration
  • Time tracking financials
  • Business intelligence
  • Unlimited storage and projects
  • Support
  • Integrations

Premium

The second pricing plan is suited for companies where advanced integrations are needed and compliance is paramount. It starts at $49 per seat and per month. Each virtual seat also costs $2.5. It has the same features offered by Standard but with a few additional ones such as:

  • Premium integrations
  • Single sign-on
  • Compliance
  • 1:1 assistance from Customer Success

Enterprise

The last pricing plan is catered for companies where an SLA (service level agreement) is needed and highly valued. Compared to the first two pricing plans, there is no fixed price. You need to contact their customer support to receive a quotation. This solution is perfect for people who need specific features and tools integrated in their system.

Conclusion

When it comes to creating successful projects and managing your employees, Forecast offers users transparency and insightful data. It offers these values through a series of useful tools such as project scoping, time tracking, resource allocation and team collaboration. With these tools, you can efficiently manage projects, collaborate well with teammates and generate real-time reports. Overall, at the end of the day, you’ll increase client satisfaction with the projects you push through.

The whole point of project management platforms is to ensure your projects are created and managed according to your standards. You don’t want to rush what the client wants but you also want to ensure each step or task is properly finished. With Forecast, you can get quick overviews of your projects and view past cards, deadlines, milestone plans and project timelines.

Project Management Market Radar

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Forecast Product Overview

  • Project Portfolio Management with machine-learning capabilities

  • Real-time automatically generated reports on both project-, and business level

  • Predictable, and profitable agile / scrum and waterfall projects

  • Easy to use

  • Live chat support

  • Cloud-based

  • Real-time reports & insights

  • Task Management

  • Scheduling & employee utilization

  • Budget


Languages Supported: English, Danish, Spanish, French

A Complete Guide for 2020: How to Create a Project Budget

In the A Complete Guide for 2020: How to Create a Project Budget report from Forecast, we take a look at what project budgeting is and why it's important, approaches to estimating and creating a project budget, as well as best budgeting practices to help ke.... Published in February 2020.

FREE DOWNLOAD

Forecast Features

  • Accounts Payable
  • Accounts Receivable
  • Analytics
  • API
  • Batch Permissions & Access
  • Billing/Invoicing
  • Budgeting
  • Calendar Management
  • Contact Management
  • Contact Sharing
  • CRM Integration
  • Customer Management
  • Dashboard
  • Data Export
  • Data Import
  • Data Visualization
  • Email Integration
  • Employee Database
  • Expense Tracking
  • External Integrations
  • File Transfer
  • Forecasting
  • Gantt Charts
  • General Account Ledger
  • Google Apps Integration
  • Inventory Tracking
  • Lead Management
  • Lead Scoring
  • Marketing Automation
  • Multi-Account
  • Multi-App
  • Multi-Currency
  • Multi-Site
  • Multi-User
  • Notifications
  • Password & Access Management
  • Payroll
  • Project Management
  • Scheduling
  • Social-Media Integration
  • Supplier Management
  • Task Scheduling/Tracking
  • Tax Management
  • Third-Party Plugins/Add-Ons
  • Timesheets
  • Travel Management
  • Database
  • Time Management
  • Roadmapping
  • Resource Management
  • Collaboration Support
  • Report & Compliance
  • Software Integration
  • Objectives Tracking
  • Process Modeling
  • Process Reporting
  • Workflow Management
  • Campaign Management
  • Access Management
  • Status Notifications
  • Reports
Forecast Pricing

Forecast Pricing Plans

Pro

Custom
per seat/month billed annually
  • AI Work Automation
  • Project & Portfolio Management
  • Resource Management
  • Team collaboration
  • Time Management
  • Business Intelligence
  • Premium Integrations
  • Finance & Billing
  • Retainer Management

Lite

Custom
per seat/month billed annually
  • AI Work Automation
  • Project & Portfolio Management
  • Resource Management
  • Team collaboration
  • Time Management
  • Business Intelligence
  • Integrations

Plans starting from: $29.00/month Credit card required: No

Forecast FAQs

Does Forecast offer multi-user capability (e.g. teams)?

The whole company is welcome in Forecast. Invite your team members and see the value of having everything connected in one platform.

Who are the main user groups of Forecast?

The biggest segment consists of Project--based companies that needs a resource an project management platform to optimize their utilization, profitability and drive business performance. The companies often work with agile and waterfall projects. Though, we do also see other types of businesses joining in, incl. organizations and universities.

What are some applications Forecast is commonly used in tandem with?

Forecast can be used alone or together with the existing tools you already use. Have your developers work in Jira, and run the project in Forecast. Or run your projects and integrate Quickbooks for a better understanding of the profitability of your projects. Forecast is easy to integrate, just let us know if you are missing an integration, we might have it in the pipeline.

Does Forecast offer guides, tutorials and or customer support?

There is a full-featured support guide available on the website, and a live chat support ready to help with any questions you might have.

Does Forecast offer an API?

Yes.

What is Forecast generally used for?

Planning, estimating, and running agile / scrum and waterfall projects. Full-featured with work-breakdown, backlog, storyboard, taskboard and real-time reports. Scheduling, employee utilization, etc. is also nicely integrated and included in the software.

What platforms does Forecast support?

Web-app, running directly in your browser.

Does Forecast integrate with any other apps?

Yes, you can read more about all our Apps & Integrations on our website. If you are missing your favorite tool, then don't hesitate to reach out. It might already be in the pipeline.

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