FacilityForecast® provides exciting benefits of improved executive decision-making and cash management by employing a more powerful tool than existing spreadsheets or manual budgeting.

Additional Benefits are:

• Improve overall strategic planning for the business
• Reduce annual corporate budget cycle
• Easy updating and data entry – much easier and less time consuming than manual or spreadsheet tools
• Assure adequate reserves for high-cost years
• Increase forecasting accuracy of expense budgets over the life of a building, property and entire asset portfolio
• Automatically allocates correct costs to the appropriate years
• Reduce data entry time by up to 70%
• Mitigate data entry errors by up to 90%
• Avoid those “unexpected” expenses with better planning detail
• Ensure completeness in capital budget, so that forecasts can be used to manage cash for future years
• Develop corporate standards for improved reporting and decision making
  
• Reporting:
  Completeness
  • Building detail can roll-up to Properties, which can roll-up to Regions, and then roll-up to the Corporate portfolio for better financial management
  • Standards ensure all properties use similar budget types and forecasting methods
  
  Ease of Use
  • Provide portfolio reports and drill-down to detail data
  • As easy as a spreadsheet, but with added functionality in data entry, management and reporting
  
  Flexibility
  • Display reports as tables or charts for summary and detail
  • Filter - To forecast Expenses, Income or Depreciation
    • With or without Inflation
    • Expense classifications: capital or operating
    • By Cost Category: By Property; By Budget Item
    • Any Report term – one year to end-of-life
    • Totals and subtotals
  
  Improved Decision Making
  • Repair, renovate, or replace
  • Identify profit or loss
  • What-If Modeling