--- description: Review of Forecast 5 Software: system overview, features, price and cost information. Get free demos and compare to similar programs. image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png title: Forecast 5 | Reviews, Pricing & Demos - SoftwareAdvice GB --- Breadcrumb: [Home](/) > [Financial Reporting Software](/directory/1904/financial-reporting/software) > [Forecast 5](/software/475416/Forecast-5) # Forecast 5 Canonical: https://www.softwareadvice.co.uk/software/475416/Forecast-5 Page: 1 / 2\ Next: [Next page](https://www.softwareadvice.co.uk/software/475416/Forecast-5?page=2) > Forecast 5 is a purpose-built forecasting and budgeting tool that simplifies your budgeting process. It supports memo records to accommodate KPIs or stock records, including stock made and stock on hand, for those in manufacturing or growing. The platform integrates with various financial software, such as Xero, SAP, Sage or MYOB. If your business has multiple entities across the globe, Forecast 5's consolidations, multi-currency and per record tax setting functionality can handle generating the financial outputs you need. It can also take you through the whole budgeting process from creating a budget, entering your monthly actuals and then adjusting your rolling forecast, all while providing profit \& loss, balance sheet, cashflow and funds flow reports, including variance reports for comparison. > > Verdict: Rated **3.8/5** by 20 users. Top-rated for **Likelihood to recommend**. ----- ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **3.8/5** | 20 Reviews | | Ease of Use | 3.5/5 | Based on overall reviews | | Customer Support | 4.0/5 | Based on overall reviews | | Value for Money | 3.5/5 | Based on overall reviews | | Features | 3.9/5 | Based on overall reviews | | Recommendation percentage | 70% | (7/10 Likelihood to recommend) | ## About the vendor - **Company**: Forecast 5 - **Location**: Auckland, New Zealand - **Founded**: 2013 ## Commercial Context - **Starting Price**: NZ$1,600.00 - **Pricing model**: Per User (Free Trial) - **Pricing Details**: Forecast 5 offers a 21-day free trial for new users, after which the software pricing starts at $85 per month. Please contact Forecast 5 directly for further information. - **Target Audience**: 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+ - **Deployment & Platforms**: Windows (Desktop) - **Supported Languages**: English - **Available Countries**: Afghanistan, Albania, Algeria, Andorra, Angola, Anguilla, Antigua & Barbuda, Argentina, Armenia, Aruba, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin and 187 more ## Features - "What If" Scenarios - Accounting - Asset Lifecycle Management - Budgeting/Forecasting - Cash Management - Consolidation/Roll-Up - Data Import/Export - Expense Tracking - Forecasting - General Ledger - Income & Balance Sheet - Multi-Company - Multi-Currency - Multi-Department/Project - Profit/Loss Statement - Reporting/Analytics - Self-Service Reporting - Third-Party Integrations - Version Control - Visual Analytics ## Integrations (7 total) - MYOB Acumatica - Microsoft Excel - SAP Business One - Sage 200 - Sage 300 - Sage 50 Accounting - Xero ## Support Options - Email/Help Desk - Knowledge Base - Phone Support - Chat ## Category - [Financial Reporting Software](https://www.softwareadvice.co.uk/directory/1904/financial-reporting/software) ## Related Categories - [Financial Reporting Software](https://www.softwareadvice.co.uk/directory/1904/financial-reporting/software) - [Budgeting Software](https://www.softwareadvice.co.uk/directory/265/budgeting-forecasting-software/software) ## Alternatives 1. [QuickBooks Online](https://www.softwareadvice.co.uk/software/393202/quickbooks-online) — 4.3/5 (8393 reviews) 2. [Xero](https://www.softwareadvice.co.uk/software/2976/xero) — 4.4/5 (3273 reviews) 3. [Datarails](https://www.softwareadvice.co.uk/software/176278/datarails) — 4.7/5 (188 reviews) 4. [QuickBooks Online Advanced](https://www.softwareadvice.co.uk/software/49805/quickbooks-online-advanced) — 4.4/5 (1037 reviews) 5. [Budgyt](https://www.softwareadvice.co.uk/software/76821/budgyt) — 4.9/5 (68 reviews) ## Reviews ### "Forecast 5 Review" — 4.0/5 > **Camille** | *8 May 2019* | Real Estate | Recommendation rating: 7.0/10 > > **Pros**: Consolidation was the most important. Also the ability to drill down to low level account budgets and to condense into high level account budgets. > > **Cons**: Very complex with adding some of the data and not being able to move line items between sections. > > Consolidation of all company budgets and connecting excel data to feed into Forecast 5 for sensitivity scenarios. ----- ### "Forecast 5 interaction with KTS Chartered Accountants" — 5.0/5 > **TONY BRUCE** | *15 December 2024* | Accounting | Recommendation rating: 10.0/10 > > **Pros**: The preparation time is short with a great outcome of reports for not much investment of time. I have never had a finance application declined when I have used forecast 5 projections for, with most banks or finance brokers commenting on how excellent the system captures the whole company dynamic rather than the simple 12-month spreadsheet some people use. The other great thing is being able to run the what ifs for use with clients to see what a change would likely make to their business function. > > **Cons**: I am yet to come across any weakness in the software itself, with the only area being its reporting, having to export into excel to produce a more polished outcome. > > Forecast 5 is the essential software for me in dealing with restructures, finance and business recovery and expansion. As the outcomes are so good it represents great value for money, with the software covering its cost on its first use. ----- ### "Review" — 3.0/5 > **Paul** | *1 May 2019* | Accounting | Recommendation rating: 5.0/10 > > **Pros**: profit and loss and balance sheet fit together easily > > **Cons**: Quite clunky and slow. Tends to crash often. Needs standard templates. Printing multiple reports at once in the correct format doesn't appear to be possible. > > Cashflows. I probably don't use it enough. It would be good if it was online. ----- ### "Would I recommend Forecast 5 - Most definitely" — 4.0/5 > **Lloyd** | *16 January 2025* | Fishery | Recommendation rating: 9.0/10 > > **Pros**: Very flexible and great for doing what-if scenarios and is easy to extend into future years and apply percentage increase/decreases on a line or group basis. Love the hot link to Excel. > > **Cons**: Two things - would be great to be cloud based and also for report layout to be remembered when switching between report tabs. > > Overall F5 is a great product, can always be small improvements but certainly a lot more reliable than trying to do a forecast in Excel - plus you know that the links between P\&L, balance sheet and cash flow are solid. ----- ### "Happy long term user" — 5.0/5 > **Tracey** | *15 December 2024* | Wholesale | Recommendation rating: 10.0/10 > > **Pros**: Forecast 5 allows us to easily forecast our P \& L, Cashflow and Balance Sheet and keep these up to date with our monthly actuals. We have used it for many years and no doubt will continue to do so for many more. > > **Cons**: No cons as I've never found another package that cost effectively does everything Forecast 5 does. > > Great\! Updates are easy, support have always been helpful if needed, but that's not very often. ----- Page: 1 / 2\ Next: [Next page](https://www.softwareadvice.co.uk/software/475416/Forecast-5?page=2) ## Links - [View on SoftwareAdvice](https://www.softwareadvice.co.uk/software/475416/Forecast-5) ## This page is available in the following languages | Locale | URL | | en | | | en-AU | | | en-GB | | | en-IE | | | en-NZ | | ----- ## Structured Data