5Cast budgeting software is designed to accelerate the financial planning process by eliminating time-consuming data gathering and model building. Populated directly from your accounting system, 5Cast's powerful hybrid database engine integrates historical perspective, trend analysis and scenario comparisons, generating reports instantly to support decision making.
One of the most powerful features of 5Cast is its capability to run and view results of different financial scenarios, side-by-side, in a single table or report. Scenario modeling is somewhat complex, but 5Cast allows you to break down the process of creating, running and comparing results with saved assumption layouts, custom queries, and comparative report templates. Recognizing results of scenario assumptions with comparative measurements, including Actuals, Cumulative, and Year-Over-Year, present a powerful projection picture for decision-makers.
The process of effectively communicating and executing a multiyear budget projection plan is essential for improved financial vision and decision-making support for every administrative and policy making level of governance. With 5Cast, the ability to strategically incorporate assumptions and variables to future revenues and expenses, at any level of granularity, are crucial for gaining insight and understanding to the impact of potential variances in key assumptions, and communicating results with comprehensive reporting options.
Linking your 5-year financial forecast to the negotiations process is essential for advancing overall programmatic initiatives, achieving key economic agreement erms for salaries and benefits, while faced with ongoing restricted revenues. 5Cast can effectively be utilized for collective bargaining and negotiations planning and scenario development; cost out summaries based on various proposals; data shaping of scenario results; and custom groupings of account detail bound to related bargained line items for cost analysis.
"5Cast™ was an invaluable tool in our recent teacher contract negotiations. We incorporated its analytics early in the process, starting with discussions with association co-presidents before negotiations officially began. It made a big difference."
Travis McGuire, Superintendent, Hinckley-Big Rock CUSD 429, Illinois
Model data uploadable from 5Sight™ or your accounting system
Easily publish information on your organization's website for transparency initiatives
Cloud-based access and optimized for tablets
With new 5Cast™ Plus, add transaction-level detail, intrayear budget views and much more
Flexible charting and report writing; supports multiple models
Export results to Excel
Reynolds School District in Oregon uses Forecast5's decision support tools to access data in a timely manner and drill into key areas to communicate effectively with their stakeholders.Read Now
New York Union Free School District, Ken-Ton, produces long range financial plans confidently and quickly to enhance stakeholder understanding and engagement.Read Now
Nacogdoches ISD leveraged 5Sight™ for peer district comparison analysis of student data to effectively and efficiently present findings to the Curriculum & Instruction Team.Read Now
This Texas district used data analytics to drill into staffing ratios and benchmark against peers in order to adjust payroll expenses.Read Now