News

Updates from the world of data analytics.

Forecast5 Expands Analytics Solutions in California

January 20, 2016

FOR IMMEDIATE RELEASE

Contact: Eric Smith
(630) 955-7551
esmith@forecast5analytics.com

 

Through the Partner4Purpose program with ACSA, California K-12 districts have access to a suite of software products that can help schools analyze and compare expenditures, student performance, long-term budget projections and other important instructional and finance metrics.

Forecast5 Expands Analytics Solutions in California  

NAPERVILLE, IL. (January 20, 2016)  Forecast5 Analytics, Inc. announced its participation in the upcoming Association of California School Administrators (ACSA) Superintendents’ Symposium being held January 27-29 in Monterey, California.  The statewide meeting will allow the company to further its deployment of business intelligence and data analytic solutions into California school districts. 

Through the Partner4Purpose program with ACSA, California K-12 districts have access to a suite of software products that can help schools analyze and compare expenditures, student performance, long-term budget projections and other important instructional and finance metrics. Using Forecast5’s business intelligence platform 5Sight, school officials can leverage statewide data to generate insights based on relevant peer groupings and benchmarks.  The company will also be highlighting its new budgeting and forecasting tool, 5Cast, which can be used to create multi-year financial projections.

Mike English, CEO and President of Forecast5 remarked, “Over the last few months, our team has created a number of new analytics in 5Sight for California schools related to staffing and compensation metrics.  We are excited to highlight this work at the Superintendent’s Symposium.”

Managing Director of Forecast5, Jeff Carew, commented on the focus points for the conference, “Given the financial constraints that so many California schools are facing, we will be introducing 5Cast to the market as a powerful tool to assess complex financial scenarios.  When schools use this modeling capability in combination with the analytics in 5Sight, they can take their planning and discussions to a completely new level.”

Forecast5 will be participating in various events throughout the three day conference and will be highlighting the analytic solutions on Thursday and Friday (January 28 and 29) at ACSA Partner4Purpose scheduled events.

About Forecast5

Forecast5 Analytics provides powerful analytic tools to help local government leaders drive financial and strategic decisions. The Forecast5 platform includes a performance benchmarking application, budgeting and forecasting software, map-based analytics software, and a collaboration/data sharing engine. For more information, visit www.forecast5analytics.com.

###

From the learning center

Producing Monthly Financial Reports in Minutes Helps North Mason School District Identify $800,000 in Savings

Producing Monthly Financial Reports in Minutes Helps North Mason School District Identify $800,000 in Savings

Washington district creates monthly board report to project savings, enhance transparency and allow funds to be allocated elsewhere.

Read Now
Clarkston School District Accesses Entire Forecast5 Product Suite for Enhanced Decision Making

Clarkston School District Accesses Entire Forecast5 Product Suite for Enhanced Decision Making

Washington district gains a historical perspective on key areas and leverages budgeting & forecasting tools to meet WA reporting mandates.

Read Now
5Cast™ Plus Projects Wylie ISD's FY18 Payroll Costs with 99.98% Prediction Accuracy

5Cast™ Plus Projects Wylie ISD's FY18 Payroll Costs with 99.98% Prediction Accuracy

This Texas district CFO used monthly reporting tool, 5Cast™ Plus to accurately project and predict closing year end payroll costs. 

Read Now
Sycamore School District and Board Reverse Deficit Spending and Obtain a Balanced Budget Using Forecasting Model

Sycamore School District and Board Reverse Deficit Spending and Obtain a Balanced Budget Using Forecasting Model

Jim Dombek, District 427 Board President and Nicole Stuckert, CFO/CSBO use forecasting tool, 5Cast™ to formulate a three-year deficit reduction plan designed to bring about a balanced budget.

Read Now