Rapid Forecast
Streamline your budget forecasting process with APPower Rapid Forecast
Leave behind time-consuming manual entries and cluttered spreadsheets and say hello to the future of efficiency: APPower’s Rapid Forecast. Designed to integrate seamlessly with Microsoft Dynamics 365 Business Central, Rapid Forecast automates and simplifies the budget forecasting process, allowing your team to focus on important strategic tasks instead of spending precious time manually maintaining forecasts.
Rapid Forecast allows individual departments to effortlessly input their monthly budget forecasts, ensuring financial data is always accurate and up to date. To maintain security and control over sensitive information, each department is limited to only their own forecasts. Additionally, previous periods may be locked to prevent accidental changes to closed financial periods and ensure data integrity. The app checks budget forecasts against the set reference budget, helping prevent overspending and keeping finances aligned with your company’s goals.
Key Features in a Nutshell
- Multiple forecasts linked to different G/L budgets can be created for various budget scenarios
- Each department can only access and manage its own forecasts
- Simplifies the process by focusing on key accounts, making the task easier for users
- G/L Accounts are described by budget headings instead of account names
- Prevents accidental edits to closed financial periods
- Checks forecasts against the reference budget, helping to control spending
- On passive G/L Accounts, the amount sign can be reversed to simplify data entry for users who are not accountants
- Saving the forecast to the G/L budget overwrites it in open periods every time, and budget entries derived from the forecast are strictly controlled
- Speeds up the budgeting process, allowing teams to focus on more strategic tasks
Manage your Budget Effortlessly
Armed with the options to simplify the forecasting process, create forecasts for various budget scenarios, protect sensitive financial information through control over permissions, and maintain secure records of past financial periods, Rapid Forecast will take your business’s financial management to levels of efficiency and precision you could only dream of.
Simplify your budget forecasting and embrace efficiency with Rapid Forecast by APPower.
Setup on Your Terms
Determine editing permissions for historical financial periods to eliminate errors.
Choose to enable control of maximum amounts by reference budget.
Create Codes for Different Scenarios
Create individual Forecast Codes for various budget scenarios, linked to their associated G/L Accounts.
Link the G/L Budget that Rapid Forecast will keep updated, and an associated reference budget to control the amounts.
Manage User Permissions
Set user rights for particular Forecasts and dimensions, keeping your team organized and on track within their specific roles and responsibilities. Maintain security and control over sensitive financial information by ensuring each department only has access to their own forecasts.
Effortlessly Input Data
Input data into the Forecast in a simplified form to open periods using the dimensions you choose.
Once the data has been entered, Rapid Forecast will update the G/L Budget.
Options for Ease of Use
Write descriptions to show on Forecasts on G/L Accounts to express the specifics of each account.
Toggle the reversal of the amount sign for passive accounts, allowing for easier data entry by users.
