About ForecastX

ForecastX offers a forecasting solution that helps business around the globe to better growth. Giving you and your forecasting team the best of both worlds: unparalleled statistical power on the one hand combined with the proven flexibility of Excel, and incredible ease of use.

ForecastX gives you the power to deliver accurate forecasts in minutes, rather than hours or days. The best-fit algorithm ‘Procast’ is widely recognized as providing the industry’s standard in world-class accurate statistical forecasting.

Forecasting ideally is a collective endeavor: ForecastX helps planners to do just that by enabling collaboration both with internal and external stakeholders. This in turn helps to turn good forecasts into better forecasts th...


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Supported Operating System(s):

Web browser (OS agnostic), Windows 8, Windows 10

1 Reviews of ForecastX

Overall rating

5.00 / 5 stars

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August 2019

Elizabeth from Trifecta

Verified Reviewer

Company Size: 11-50 employees

Industry: Consumer Goods

Time Used: Less than 2 years

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

August 2019

Worth it

We were forecasting with Excel formulas and dealing with huge swings of over or underproduction, and both were costing us. ForecastX was a great investment and immediately improved the accuracy of our forecasting (from 78% to 95% accuracy). The one on one training helped us dial in our forecasting methods and now we're confident in our numbers; it’s relieved a lot of pressure through our whole process!

Pros

-It took away a lot of manual work we were doing -It helped educate our team on a number of different ways we could be forecasting that we hadn't considered -I actually purchased the book that goes along with the software and it goes through the basics of forecasting all the way into different use cases and sophisticated strategies to consider

Cons

Currently we only have one team member using the forecasting software so it works great. If we wanted more visibility from other team members into the software, I believe we'd need to buy another license, not really a downside, just a consideration to keep in mind.