Financial Forecast
Manage financial information
What Is It?
Financial Forecast offers precise budget calculations for Tasks, Spikes, and Events based on essential financial data like salaries.
It provides advanced control over long-term goals and upcoming milestones by accurately estimating costs in selected currencies and periods. This feature operates on a board-to-board basis, allowing comprehensive financial management across projects, while enabling detailed cost breakdowns and interval-based analyses to optimize budget planning.Utilizing the holistic view, you can gain insights into the overall financial health of your entire project.
Unique Insights and Benefits
Automates budget calculations, offering advanced insights and significant time savings. It allows you to forecast expenses across various elements such as tasks, events and spikes, providing comprehensive financial visibility.
Keeps one's entered financial information for future calculations. This streamlined process ensures accuracy and eliminates the need for repetitive data entry, optimizing workflow efficiency.
Provides detailed cost breakdowns per element, empowering you to make informed decisions and manage budgets effectively at both group and individual levels.
Examples
#Step 1
Imagine you have a meeting with 10 of your workers, each earning an hourly rate of $20.
#Step 2
Calculate that an hour of this meeting will cost you $200, but you notice some participants are not active.
#Step 3
Use the financial forecast feature to see the budget impact, allowing you to control finances better by identifying unnecessary costs.