Awesome Forecast

Overview

Awesome Forecast builds linked financial forecasts in Microsoft Excel for accountants and finance teams that need more than a cash-only projection. Its double-entry approach and flexible reporting structure are useful for detailed planning, but the Office requirement makes platform fit an early consideration.

Key features

Cash flow forecasts connect to profit and loss and balance sheet forecasts, using double-entry bookkeeping and a model designed to balance. Forecasts can extend to five years, while daily and 13-week views serve shorter-term cash planning. This combination suits teams that need both a longer-range financial picture and closer monitoring of cash movements.

Users can customize the chart of accounts, account codes, and reporting structure. Scenario analysis, budgets, year-to-date actuals, and rolling year-end estimates help finance teams compare plans with current performance. Daily cash flow drilldown adds detail for examining near-term movements.

Tutorials cover importing data into a forecast, exporting forecasts, and linking to another data file. That supports spreadsheet-based workflows, though it does not make the product independent of Excel: Microsoft Office must be installed.

Pricing

A free 14-day trial is available without bank details. Paid plans are billed annually:

• Single License — £250 a year: A single-user license for an individual who needs the software. It does not include the unlimited forecasts, currencies, and users specified in the Full – Unlimited plan.
• Unlimited Email/Telephone Support Package — £250 a year: Provides unlimited email and telephone support. It is a support package rather than a forecast license.
• Full – Unlimited — £675 a year: Includes unlimited users and forecasts in any currency, forecasts up to five years, daily cash flow and 13-week forecasts, and scenario analysis. The support package is available separately for £250.
• Full Set Up Service — £900 a year: Includes the full unlimited version, forecast setup by a qualified accountant, and entry of previous years’ history. It is the more involved option for organizations that want help establishing a forecast rather than setting it up themselves.

The annual terms make renewal cost an important part of the decision. The Single License is the lower-cost entry for one user, while Full – Unlimited is the stated option for teams needing unlimited users and forecasts.

Platforms

Awesome Forecast runs with Microsoft Excel and requires Microsoft Office. It supports 32-bit and 64-bit operating systems, but will not run on an iMac. That rules it out for Mac users on iMac and makes it a poor fit for teams seeking a browser-based forecasting service.

Who it's for

The intended audience includes company accountants, finance directors, accounting firms, business sellers, banks, and MBO or private-equity users. The customizable accounts and linked statements are most relevant to finance professionals who need to adapt forecasts to an organization's reporting model. Support is available from a qualified Chartered Accountant by email, telephone, and video call.

Pros and cons

• Pro: Linked cash flow, profit and loss, and balance sheet forecasts provide a broader financial view than cash projections alone.
• Pro: A five-year horizon, daily cash analysis, and 13-week forecasts cover both strategic and short-term planning.
• Pro: Custom accounts and reporting structures can fit established finance models; the setup service also offers accountant-led preparation.
• Con: Microsoft Office is required, and the software does not run on an iMac, limiting platform choice.
• Con: The Single License is for one user; teams needing unlimited users and forecasts must choose the more expensive Full – Unlimited plan.

Alternatives

Cash Forecasting Software is a useful starting point for comparing cash forecasting tools. Choose Dibein instead if a freemium option with API and web platforms and a rolling 13-week forecast better suits your needs. Predict.ai may fit readers seeking a freemium tool available through API, self-hosted, and web platforms. Kyriba offers a paid treasury option across Android, iOS, API, and web, with custom pricing. Cash4 is another paid option with API and web platforms. CashAnalytics is a paid web option with pricing on request. Nomentia Cash Flow Forecasting is a paid web-based alternative. ZenTreasury is worth considering if a paid API and web service with pricing scaled to portfolio size and activity is a better fit. Financial Navigator Liquidity Forecasting is a paid web alternative with case-specific pricing tied to features, bank connections, and users.

Verdict

Choose Awesome Forecast if you need customizable, linked financial statements, scenario planning, and both long-range and short-term cash forecasts in Excel. Look elsewhere if you need iMac support or a browser-based service; for teams, weigh the £675 annual Full – Unlimited plan against the single-user license before committing.