Blog tagged as Forecasting

Andrew Martin Consulting: Tailored for All Industries

Discover how Forecast 5’s custom reporting transformed UK agriculture, giving farms flexible forecasting tools and clear insights for smarter financial decisions.

02.05.25 02:20 AM

Consolidations: Handling of Minority and Associate Interests and Goodwill

Forecast 5 simplifies group consolidations by accurately handling minority interests, associates, and goodwill.

23.04.25 11:04 PM

Consolidations: Allocation of Group Admin Amongst Subsidiaries

Allocate group admin costs effectively with Forecast 5 to ensure accurate, driver-based forecasts for all subsidiaries

09.04.25 08:03 AM

Consolidations: Actual Results in Group Forecasts

Reporting and reflecting on actuals in a consolidation promotes healthier, stronger company-wide financial decisions

02.04.25 08:17 AM

Consolidations: Multi-Currency Group Forecasts Made Easy in Forecast 5

Discover how Forecast 5 simplifies group consolidated forecasts across multiple currencies with accurate, real-time exchange rate adjustments.

17.03.25 09:15 PM

Consolidations: Eliminating Intercompany Profits & Loans in Forecast 5

In the 2nd article of our series, dive into how Forecast 5 seamlessly handles intercompany profits, losses, and loans. Explore how our tool ensures the proper elimination of intercompany transactions, providing you with a clear, accurate consolidated forecast.

11.03.25 12:15 AM

Consolidations: Forecasts Made Easy - With all the Bells!

Forecast 5 simplifies group forecast consolidations, handling currency, intercompany loans, overheads, and minority interests with ease.

05.03.25 11:17 AM

Navigating Hidden Costs in the Age of AI

As AI adoption increases, finance teams struggle with rising costs, unpredictable cloud bills, and shadow IT purchases that strain budgets. A recent survey reveals that while IT budgets are set to grow in 2025, many organisations lack the data to track and manage spending effectively.

08.02.25 11:29 PM

Strategic Budgeting: Navigate Economic Shifts with Forecast 5

In today’s rapidly changing economic landscape, businesses need a strategic and adaptable budgeting plan. Uncertainty, market fluctuations, and evolving consumer behaviour make it more important than ever to plan ahead with clarity. And with all the changes wrought on the UK economy by “Rachel from ...

29.12.24 06:32 AM

The Moredun Foundation: A Century of Dedication

Learn how Forecast 5 supports the Moredun Foundation in livestock health, delivering precise forecasts and structured reporting for charities and commercial subsidiaries.

28.11.24 12:36 PM

UK Growth Strategy: Aligning with the US or Doubling Down on the EU?

The UK faces a defining choice — embrace US-style free-market growth or return to EU-style regulation. Discover what it means for UK business

28.11.24 06:42 AM

Surviving the School Fees VAT Raid

Independent Schools face a 20% VAT hike in January 2025. See how Forecast 5 can help Bursars plan and make data-driven financial decisions quickly and accurately.

20.09.24 01:18 AM

Why Sticking with Spreadsheets Is Holding You Back

Stop relying on spreadsheets—Forecast 5 makes budgeting and forecasting faster, more accurate, and fully integrated

17.04.24 07:58 PM

I & H Brown: Seeing A Buoyant Rise After Riding Out The Covid Storm

See how I & H Brown navigated COVID challenges using Forecast 5, recovering confidently while leveraging accurate financial forecasting to fuel future growth.

11.03.24 11:54 PM

Need Help Factoring Your Debtors?

We take a closer look at Debtor Factoring and how Forecast 5 can help you track the effect in your company.

16.02.24 03:43 AM

Forecasting the Total Cost of Labour: Quickly, Transparently and Accurately

If you’re searching for a tool to really control costs, Forecast 5 ticks the boxes: rapid modelling, full transparency and flexibility.

05.12.23 05:08 AM

When Audits Fail: What Carillion Taught Us About Forecasting

The Carillion collapse exposed KPMG’s audit failures. What lessons are to be learnt and how do we prevent this for accurate going concern assessments

20.10.23 05:02 AM

Audit-Ready Forecasts for Going Concern Assessments

In Edition 27 of Chartered One we considered the different interpretations of the Going Concern Statement required under IFRS and FRS, pointing out that both the FRC and the ICAEW had issued guidance during 2020....

17.10.23 01:58 AM

Going Concern Assessments in Uncertain Times

In a business world of uncertainty, one thing is for sure: if management signs off on financial statements describing their company as a going concern, heads will roll if it folds in six months...

15.10.23 12:54 AM

Harrogate Spring Water: A Sparkling Success for Forecast 5

Discover how Harrogate Spring Water switched to Forecast 5 from Sage Winforecast, gaining smarter reporting, enhanced visibility, and improved financial control.

26.09.23 03:15 AM