Awesome Forecast vs CashAnalytics

Awesome Forecast is Windows software that builds cash-flow forecasts in Microsoft Excel, with linked profit-and-loss and balance-sheet forecasts. Its double-entry bookkeeping model is designed to keep forecasts balanced. Forecasts can cover up to five years, or 60 months, and include daily cash-flow views and 13-week cash-flow forecasts. Users can adjust the chart of accounts, account codes, and reporting structure. Analysis tools include scenario analysis, budgets, year-to-date actuals, daily cash-flow drilldown, and rolling year-end estimates. Tutorials explain importing data, exporting forecasts, and linking to another data file. Microsoft Office must be installed, and the software supports 32-bit and 64-bit operating systems but does not run on an iMac. A free 14-day trial is available without bank details. Annual plans include a 250.00 GBP single-user license, 250.00 GBP unlimited email and telephone support, 675.00 GBP Full – Unlimited, and 900.00 GBP Full Set Up Service. Support is available from a qualified Chartered Accountant by email, telephone, and video call.

CashAnalytics is web-based cash forecasting and liquidity planning software for finance teams at large organizations. It supports centrally configured cash flow models, multi-currency rolling forecasts, multiple versions, and short-, medium-, and long-term forecasting. A centralized workflow lets organizations set a model, notify subsidiary users, collect their submissions, consolidate results, and track submissions and versions. Data collection can be automated, with forecasts generated from bank and ERP data. SmartLedger uses historical and current ledger information together with bank data to produce short-term forecasts. The Bank Module consolidates balances and transactions, imports electronic statements such as MT940 and BAI2, and can connect to SAP and Oracle for ledger cash positions. Dashboards, customized reports, and actual-versus-forecast analysis help users examine trends, variances, accuracy, and line-item or entity detail. Published materials also describe modules for foreign exchange risk, intercompany loans, external debt, guarantees, counterparty limits, and business intelligence. The product is paid, with pricing on request. CashAnalytics joined GTreasury, where its core capabilities continue in GTreasury Cash Forecasting.