Forecasting is a foundational activity for construction project management—yet it often involves shuffling between spreadsheets, re-verifying numbers, and sorting through separate platforms for updates. These manual steps can slow you down and introduce errors at critical points in the project timeline.

At Sockeye, we recognize that efficient forecasting is key to making proactive decisions and maintaining profitability. To address the unique needs of construction teams using Sage Intacct, our experts developed ForecastPro. Below, we break down how ForecastPro saves time, enhances accuracy, and keeps all stakeholders aligned—often halving the effort you spend on forecasting every month.

A Single Unified Interface

ForecastPro centralizes all essential forecasting data, including job contract values, detailed values by cost codes, committed costs, and actual expenses. Instead of navigating multiple screens or juggling spreadsheets, project managers work in one place that’s both straightforward and comprehensive. This single interface minimizes duplication of effort and serves as a reliable source of truth for your forecasts.

Key Benefits:

• Centralized Data Access: Consolidates critical data into one screen.
• Reduced Double-Entry: Eliminates the risk of conflicting numbers across platforms.
• Clear, Organized View: Allows for quick reviews of cost breakdowns, contract details, and variances.

Real-Time Variance Analysis

Staying ahead of cost overruns or profit margin dips can be challenging when information is scattered. ForecastPro provides immediate visibility into gross profit and margin changes, so you can see the effects of updated forecasts as soon as you enter them. This transparency keeps your team better informed and allows you to course-correct quickly if new developments arise on a project.

Key Benefits:

• Instant Alerts: View shifts in costs and margins as you work.
• Rapid Adjustments: Make faster, data-driven decisions without running separate variance reports.
• Greater Accuracy: Fewer gaps in visibility lead to fewer late-stage surprises.

Flexible Drafting and Saving

Forecasting often requires multiple inputs and perspectives. With ForecastPro, you can start a forecast, save a draft, and come back later—without losing any progress. This workflow simplifies collaboration, ensuring different team members can contribute or review when they’re ready.

Key Benefits:

• Incremental Progress: Work in manageable steps without feeling pressured to complete a forecast in a single session. 
• Collaboration Made Easy: Multiple stakeholders can add insights or updates over time.
• Controlled Revisions: Keep a clear record of changes and refinements over the life of a job.

Deep Integration with Sage Intacct

ForecastPro is built to run natively within Sage Intacct, so it adopts the same security permissions and user experience you’re already familiar with. All forecast adjustments post back to the project estimate and other relevant modules in real time—eliminating the need for separate data reconciliation.

Key Benefits:

• Consistent Interface: Mirrors Sage Intacct’s look and feel to shorten the learning curve.
  
• Secure, Managed Access: Uses your existing Intacct permissions.
  
• Automatic Synchronization: Updates flow directly into your broader financial processes.
  

Significant Time Savings

By unifying forecasting tasks, displaying real-time variances, and synchronizing directly with Sage Intacct, ForecastPro streamlines many of the steps that typically slow you down. Users routinely see up to a 50% reduction in the hours spent compiling, reviewing, and correcting forecasts each month.

Key Benefits:

• Less Administrative Overhead: Free up time to analyze trends and tackle strategic objectives.
• Higher-Level Focus: Reduce manual work so you can dedicate effort to improving efficiency, managing risk, and planning future projects.
• Immediate ROI: Save tangible staff hours that can be redirected toward higher-value activities.

Accurate, flexible, and up-to-date forecasts can profoundly influence the success of construction projects. ForecastPro is designed to help you achieve that clarity without the usual hassle of navigating between multiple tools or re-entering the same information in different places.

If you’re ready to see how ForecastPro can streamline your workflow, reach out to schedule a personalized demo, watch our insight video, or visit our Sage Intacct Marketplace listing for a deeper look.