Helping predict the future with data analytics.

In today's uncertain times, community colleges face challenges on many fronts. Fluctuating financial support at the state level, decreasing enrollment in many cases, and increasing accountability standards.  At Forecast5, we understand these pressures make it hard to align your college's strategic goals with your operational budget.  5Cast and our team of advisors are here to help you see through the financial fog and help you forecast your financial future with confidence.

Game-Changing Budgeting and Forecasting

Transitioning from a one-year budget to a detailed multi-year financial projection is not easy. It takes time and significant skill to develop a detailed financial forecast. 5Cast simplifies the task and increases the value dramatically by switching from an Excel driven to a database driven model. Speed, functionality, accuracy and level of detail are all enhanced by 5Cast.

 

Budget for 2 Years...Forecast 3 to 5

Colleges that establish and maintain financial forecasts empower decision makers with necessary data. Decision makers with access to the most relevant and accurate information will naturally make better decisions - which ultimately create positive student outcomes. Better financial decisions impact all stakeholders positively.

 

Transparency and Accountability

Transparency isn't just a buzzword, it's a necessary reality today. The nuances of college finance are difficult even for seasoned board members to understand; imagine the layperson attempting to grasp the annual budget in one setting. With 5Cast Publish you can publish your financial information timely and accurately to your local government's website. By focusing not only on the actual number, but by providing a narrative to help your community understand the data, you can present the financial data in a broader context. Linking the college's finances with your mission is one of the easiest ways to gain your community's support.

 

Relevant Data for Great Discussions

We've made it easy for you to gather data at a moment's notice. Whether it's comparing different scenarios on tuition changes, staffing level adjustments, or state funding levels, our 5Cast product has you covered. Spend less time building or adjusting your model, so you can spend more time analyzing potential solutions.