Use the ForecastBuilder™ to create multi-year forecasts with multiple scenarios to assess potential outlooks and plan for the future.
Benefits
Syncs with the BudgetBuilder for object level granularity when forecasting to give line item by line item detail
Allows for continuous multi-year forecast testing in a matter of minutes
Allows users the ability to set fund balance targets to obtain departmental desired limits to help build long-term sustainability into operations
Serves as an excellent tool for public engagement settings — citizens, boards and administration can all easily take part in the “what if” scenario building
Features
Begin forecasting immediately with ease to gain insights into understanding your fiscal situation better
Integrates with the BudgetBuilder and Chart of Accounts Manager for a complete ability to create new budgets using this “top-down” approach
Ability to edit all forecasts at the object level detail or completely re-run as many times necessary
Tweak scenarios in real time or completely re-run in just minutes
The red line represents your baseline historic budget, which then branches out to multiple options for future budgets based on the conditions you specified.
Use the ForecastBuilder™ to create multi-year forecasts with multiple scenarios to assess potential outlooks and plan for the future.