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  • Editions of Forecast Pro Demand Forecasting Software

    Which Edition of Forecast Pro is Right for You?

    To satisfy a wide range of business forecasting needs, we offer three editions of Forecast Pro—Forecast Pro TRAC, Forecast Pro Unlimited and Forecast Pro XE.  The information below will help guide you toward the edition which is right for you, but don’t hesitate to call (02) 9541 0522 (or +612 9541 0522 from outside Australia) to have a quick chat with one of our forecasting experts who can quickly match your specific needs with the appropriate edition of Forecast Pro.

    Forecast Pro TRAC and Forecast Pro Unlimited are comprehensive forecasting and forecast management systems which are typically used by forecasters who prepare and update forecasts on a regular basis (e.g. weekly or monthly). These are the only products to consider if you need to do any of the following:

    • forecast a large number of items on a routine basis; and/or
    • collaborate with others to create the final forecast; and/or
    • make multiple adjustments or overrides that need to be documented.

    Consult the capabilities checklist below for information about the major features available in Forecast Pro TRAC and Forecast Pro Unlimited when determining which of these two editions may be a better fit for your organization.

    Forecast Pro XE is a desktop analysis tool for forecasters who need to create accurate forecasts for 100 or fewer items. Designed for forecasters primarily focused on generating accurate statistically-based forecasts (rather than modifying the forecasts after they are generated), Forecast Pro XE offers more detailed custom modeling options and diagnostic displays than other Forecast Pro editions. It is the only Forecast Pro edition that includes dynamic regression modeling.

    We Can Help

    The quickest and easiest way to determine the edition of Forecast Pro best-suited to your organization is to give us a call at (02) 9541 0522 (or +612 9541 0522 from outside Australia). In a matter of minutes, our forecasting experts can discuss your specific forecasting needs, recommend the edition of Forecast Pro which is best for you and answer any questions you may have.

    Key Capabilities Checklist TRAC FPU
    Tools for Creating Accurate Forecasts
    Broad range of forecasting methods X X
    Automatic “best pick” model selection X X
    Custom model specification at any level X X
    Overrides for Adding Judgment to Forecasts
    Up to 10 retainable override rows X X
    Overrides at any level with reconciliation X X
    Override commenting with audit reports X X
    Team Forecasting
    Review colleagues’ projects & make changes X X
    Consolidate multiple projects into master X X
    Flexibility for Working w/Forecasts & Reporting
    Numeric reports and graphic displays X X
    Inclusion of history and/or forecasted values X X
    Customizable reports with filtering X X
    Safety stock and reorder points X X
    ABC/Pareto analysis X X
    Conversions to multiple units of measure X
    Hierarchy “Shuffling” (multiple hierarchies) X
    Time fences X
    Forecast Accuracy Measurement & Tracking
    Out-of-sample simulation X X
    Forecast archive database X
    Waterfall reports for analyzing accuracy X
    Exception Reporting
    Forecast vs. actual reports X
    Forecast vs. history reports X
    Forecast vs. archive reports X
    Forecast range reports X
    Waterfall reports X
    Customizable Forecast Worksheets
    Intergrate multiple forecasts for S&OP X
    Import pertinent outside information X
    Calculate new rows based on existing rows X

     

     

    Forecast Pro is a registered trademark of Business Forecast Systems, Inc.Copyright 2013, Business Forecast Systems, Inc.