Predict
Predict’s world-first 5-way forecasting approach will predict a business more accurately that a human can.
Advisor
The market leading, all-in-one forecasting and reporting suite with live updating dashboards and templates
Predict’s world-first 5-way forecasting approach will predict a business more accurately that a human can.
The market leading, all-in-one forecasting and reporting suite with live updating dashboards and templates
Pop open the assistant, or click any predicted number to get a full rundown of what's driving it.
The first predictions are for activity: what you're buying or selling, when, for how much. This is always net of sales tax, just like your Profit & Loss report. You use the activity view to check your sales and spend trends.
Selling something doesn't mean you've got paid for it yet. The cash view tells you when the activity will be paid. This is what hits your bank account and balance sheet. Predict is analysing every customer's average payment days and every payment you've made to create a live average payment days for every account. Great as an early warning system.
Predict's calculating and predicting your trends and profit as well as your cash. That's why it blows cash flow forecasting software out of the water.
Patterns in your invoices including seasonality are important. Is the average amount increasing? Is the frequency up or down? Have you got new customers? Predict's scanning and creating predictions from this.
Maybe your business has same-day sales or spend, like retail and hospitality businesses do. Predict's scanning for these and predicting them too.
Some activity is from journals - think salaries and fun accounting calculations like that. Guess what? Predict is scanning, predicting and posting these journals too.
Every customer's average payment days are calculated and aggregated into an average payment days figure for every account.
If one customer pays in 45 days over the last few invoices and another in 90 days, Predict will make the predicted invoice activity hit your bank account in 67.5 days. This way, you're not relying on credit terms for predicted cash flow and can get a warning on accounts that are causing credit control issues.
They hit your bank or balance sheet on the same day that they happen. Just like they should.
Predict is doing the same as the customer payments by analysing when you're paying your bills. It's changing and updating on every sync with the new information from your accounting software.
Use when you want to see the impact of a repeating amounts on your bottom line.
Use when you want to forecast a new product, service or price change's sales or costs.
Go nuts, and enter simple monthly figures for increases or decreases in revenue or spend
