Simplify and expand your utility's financial planning and rate -setting strategy
Faced with increasing demands for infrastructure investment and growing regulatory requirements, public utilities are finding it necessary to prepare multi-year budget forecasts, plan for long-term capital needs, calculate stable rates, and provide deeper insights into complex financial data. Utilities often have limited resources to manage the growing complexity of finances, multi-year rate analysis, and data-driven decision making.
5Cast budgeting software can provide the solutions you need to get the job done. Our cloud-based budget forecasting, rate analysis and data visualization tool makes it easy to develop the long-term framework required of utility managers today.
“Before, we were using a laborious Excel-based model to assist with decision support.
Now, we are automating the process and using 5Cast for rate-setting, O&M financial analysis, reporting, budget development, and more.
5Cast makes reporting a breeze, and allows us the ability to make quick, informed multi-million dollar decisions. BRAVO!”
Kyle Saunders, Water Superintendent, City of Rockford Water Division, Illinois
CITY OF ROCKFORD ENHANCES LONG-RANGE FINANCIAL PLANNING:
Q&A INTERVIEW WITH WATER SUPERINTENDENT
Kyle Saunders has been partnering with Forecast5 to develop rate-setting, debt-service, and CIP calculators for better long-range financial planning using 5Cast and 5Cast Plus. He was happy to share some of his experiences in a brief question and answer session.
READ FULL BLOG POST HERE>
YOUR GUIDE IN MASTERING A FINANCIAL PROJECTION
Start to align your organization's strategic & operational plan. This eBook covers: the value of a forecast, how to use a multi-year forecast and critical components of a good financial projection.