Forecast is a comprehensive, cloud-based project management solution designed to streamline and optimize the planning, execution, and financial management of projects across various industries. Here’s a detailed overview of what the product does and its key features:
What Forecast Does
Forecast is tailored to assist growing teams and businesses in managing their projects, resources, and finances efficiently. It centralizes work management, resource allocation, and financial tracking into a single, easy-to-use platform. This integration enables users to make intelligent, data-driven decisions, driving better project outcomes and overall business efficiency.Key Features and Functionality
Project Management
- Forecast allows users to create, assign, and track tasks and projects using task cards and subtask cards. It supports agile, Scrum, and Waterfall project methodologies.
- The platform includes features like project scoping, Gantt charts, and phase planning to help in organizing and running projects effectively.
Resource Management
- Forecast offers robust resource management capabilities, including scheduling, role assignment, and resource utilization tracking. This helps in maximizing resource efficiency and profitability.
Time Tracking
- The software includes advanced time tracking features such as day, week, and month timesheets, suggested tasks, suggested time entries, and an automatic timer. AI-powered timesheets help in accurate reporting and forecasting.
Financial Management
- Forecast provides comprehensive financial management tools, including project accounting, budget tracking, rate cards, expense management, and invoicing. This ensures accurate invoicing and pricing, and real-time updates on project costs, revenue, and profit margins.
Business Intelligence and Reporting
- The platform is equipped with business intelligence capabilities, offering real-time reporting, resource utilization tracking, shareable insights, data visualizations, and CSV data exports. The integrated AI predictive model generates data-driven insights to better forecast project outcomes.
Integrations and API
- Forecast supports third-party integrations and has an open developer API, allowing users to connect with existing systems seamlessly. It also features single sign-on functionality for enhanced convenience.
Collaboration and Communication
- The software facilitates team collaboration through features like in-app notifications, email updates, and comment functionality on tasks. This ensures that team members are aligned on project timelines and deadlines.
Compliance and Security
- Forecast adheres to high security standards, including state-of-the-art security, redundancy, audit logging, GDPR compliance, uptime SLA, and data encryption. This ensures that user data is secure and compliant with relevant regulations.
Support and Training
- Users have access to a variety of support options, including chat and email support, a Help Center, training videos, tutorials, and webinars. Some pricing packages also include 1:1 assistance from the Forecast Customer Success team and phone support.