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Forecast Pro Reviews & Product Details

Iris D.
ID
Demand Planning Manager
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Forecast Pro?

It is easy to understand and manage forecast using Forecast Pro. The approach is straightforward. Review collected by and hosted on G2.com.

What do you dislike about Forecast Pro?

What I do not like and downside that I can think of could be the real- time update of the historical data of current month. Review collected by and hosted on G2.com.

Recommendations to others considering Forecast Pro:

It is a easy tool comparing to others such as APO, but it requires a lot of manual adjustment. Review collected by and hosted on G2.com.

What problems is Forecast Pro solving and how is that benefiting you?

3 years of Historical data plus statistical forecast generated by forecast pro. Benefit could be the analytical view provided by forecast pro, which help you to understand the demand trend at different level. Review collected by and hosted on G2.com.

Forecast Pro Overview

What is Forecast Pro?

Forecast Pro is off-the-shelf forecasting software trusted by 12,000+ organizations globally to create statistically-based forecasts. It is powerful and accurate, yet easy-to-use, and readily integrates into broader planning systems. Key Capabilities Include: • AI-driven Automatic Statistical Forecasting & Machine Learning models • Customized Hierarchies & Multiple Units of Measure • Forecast Adjustments & Collaboration • Accuracy Tracking & Reporting • Forecast Value Add reporting • Exception Reporting For over 30 years Forecast Pro has been trusted by business forecasters across virtually all industries, and has 40,000+ users globally. We also offer a Software Development Kit for software developers looking to add forecasting to their applications.

Forecast Pro Details
Languages Supported
German, English, French, Japanese, Portuguese, Spanish, Chinese (Simplified)
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Product Description

Forecast Pro is a best and inclusive sales forecasting software. It supports budget and forecasting arrangement system. It can work in multiple hierarchies at the same time. It helps predict interest for products and services so you can enhance logistics, generation booking, stock management and financial planning.


Seller Details
Year Founded
1986
HQ Location
Waltham, Massachusetts
LinkedIn® Page
www.linkedin.com
13 employees on LinkedIn®

SK
Overview Provided by:

Recent Forecast Pro Reviews

MT
Matt T.Mid-Market (51-1000 emp.)
4.5 out of 5
"The team were professional and the implementation made easy from the support required."
The simplicity and how easy it is to use. The statistical forecast is easy to understand and use.
Verified User
U
Verified UserEnterprise (> 1000 emp.)
4.0 out of 5
"Manager Materials"
Statistical forecast output quality Multiple othe features like Inventory Assortment
Iris D.
ID
Iris D.Mid-Market (51-1000 emp.)
4.0 out of 5
"4 years of working experience at demand planning management using forecast Pro tool."
It is easy to understand and manage forecast using Forecast Pro. The approach is straightforward.
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Forecast Pro Media

Forecast Pro Demo - Screenshot of Forecast Pro TRAC
This screenshot showcases just a few capabilities of Forecast Pro: (1) Customized Product Hierarchy (far left). (2) Automatic Statistical Forecasting (top left). (3) Override Grid for Easy Forecast Adjustment & Excel Collaboration (bottom left). (4) Forecast Accuracy "Waterf...
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14 out of 15 Total Reviews for Forecast Pro

3.9 out of 5
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G2 reviews are authentic and verified.
MT
Operations Director
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Forecast Pro?

The simplicity and how easy it is to use. The statistical forecast is easy to understand and use. Review collected by and hosted on G2.com.

What do you dislike about Forecast Pro?

The functionality issues we addressed were in the latest release. Review collected by and hosted on G2.com.

What problems is Forecast Pro solving and how is that benefiting you?

Our forecasting was inaccurate, we have improved forecast accuracy by 40% and enabled the project to turn on the MRP, driving End-to-end process improvements. Review collected by and hosted on G2.com.

Sheetal Y.
SY
Manager - Product & Engagements
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: Seller invite
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about Forecast Pro?

Forecast pro is a user friendly comprehensive solution which great deal of flexibility to users for planning. A straight away 5-25% increase in forecast accuracy with just push button forecast reduces the time spent on manual activities. A lot of insightful reports are available to take action. Its quick to implement solution which comprehensive modelling techniques for forecasting. Review collected by and hosted on G2.com.

What do you dislike about Forecast Pro?

Forecast pro is quite comprehensive in demand planning side, however supply side details are not only basic. Review collected by and hosted on G2.com.

Recommendations to others considering Forecast Pro:

Forecast pro has all the features that one is looking for a demand planning system. If you are looking for a quick to deploy solution with accurate forecast then go for it. Review collected by and hosted on G2.com.

What problems is Forecast Pro solving and how is that benefiting you?

We have used forecast pro for generating accurate forecasts. There was an increase in forecast accuracy which was a big plus als, it can be easily customized for collaboration. Review collected by and hosted on G2.com.

Verified User in Logistics and Supply Chain
UL
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Seller invite
What do you like best about Forecast Pro?

Statistical forecast output quality

Multiple othe features like Inventory Assortment Review collected by and hosted on G2.com.

What do you dislike about Forecast Pro?

Working with Big data and unavailability of Machine learning &AI kind of interface Review collected by and hosted on G2.com.

Recommendations to others considering Forecast Pro:

Good software for demand Forecasting

Good one for Assortment Review collected by and hosted on G2.com.

What problems is Forecast Pro solving and how is that benefiting you?

Good statistical forecast quality

Using it currently for demand forecasting Review collected by and hosted on G2.com.

Michael P.
MP
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Forecast Pro?

I liked the ability in FP to apply various multipliers (%, fixed amount, etc) to plan for off shelf promotions and ads.

I also liked the auto select for which statistical algorithm would be used based on the item's personality.

I also like the ability to group like items that share the same seasonal curve. This feature helped with new items. Review collected by and hosted on G2.com.

What do you dislike about Forecast Pro?

The scalability of FP seemed to be slowing down with more sku's added. Bandwidth seemed to be an issue at times on updates. Review collected by and hosted on G2.com.

Recommendations to others considering Forecast Pro:

Ensure that you have item hierarchies set up prior to go live. (Class, subclass, category, etc) Review collected by and hosted on G2.com.

What problems is Forecast Pro solving and how is that benefiting you?

Increased forecast accuracy. Increased forecast accuracy translates in to better information for the purchasing/procurement teams which means better inventory management and optimization, better turns, less excess/obsolete and increased Net Working Capital. Review collected by and hosted on G2.com.

Verified User in Consumer Goods
EC
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Forecast Pro?

Forecastpro has an easy interface and years of development. It’s a tried and true solution that I’ve used to import POs from customers that send them in various formats from PDF, csv, and excel. Review collected by and hosted on G2.com.

What do you dislike about Forecast Pro?

While the interface looks a bit dated it still works perfectly document after document. Review collected by and hosted on G2.com.

What problems is Forecast Pro solving and how is that benefiting you?

Purchase order, sales history and inventory report importing. We save time and eliminate errors. My staff don’t need to hand punch in all orders!!! Review collected by and hosted on G2.com.

Raul S.
RS
Supply Chaind and Revenue Management Head
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: Seller invite
What do you like best about Forecast Pro?

User-friendly with a great set of forecasting models and testing features Review collected by and hosted on G2.com.

What do you dislike about Forecast Pro?

Its collaboration solution (S&OP) could be a little bit stronger Review collected by and hosted on G2.com.

What problems is Forecast Pro solving and how is that benefiting you?

Entire product portfolio forecasted in a very short time, great impact accuracy-wise Review collected by and hosted on G2.com.

Stanislav Z.
SZ
Continuous Improvement Manager
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about Forecast Pro?

The way you can manage forecast workflow going through multiple simple steps. Review collected by and hosted on G2.com.

What do you dislike about Forecast Pro?

Need to have experienced analysts, you should understand what you are doing. Review collected by and hosted on G2.com.

What problems is Forecast Pro solving and how is that benefiting you?

Implementation as always is the biggest threat that can ruin great software! Review collected by and hosted on G2.com.

JF
CUstomer representative
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Forecast Pro?

It is an excellent management tool that helps in managing your tasks and work load in order. Helps you with better strategy and also planning with good execution. Review collected by and hosted on G2.com.

What do you dislike about Forecast Pro?

I am very satisfied with this software. it has helped me with better integration and execution so i like it a lot. Review collected by and hosted on G2.com.

Recommendations to others considering Forecast Pro:

It is an effective and efficient tool that helps in better and enhanced working of the company. Very effective and quick which saves your quality time. The installation and implementation of the tool is very easy which increases your work multitudinous ways. Very user-friendly. Review collected by and hosted on G2.com.

What problems is Forecast Pro solving and how is that benefiting you?

It is a great real time supply chain management tool that has helped in better management of responsibilities with good capabilities. Helps in better response and demand work which lead to good profitability. Thus a better enhanced software. Review collected by and hosted on G2.com.

Samuel C.
SC
Supply Chain Planner
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Forecast Pro?

Forecast Pro is extremely user-friendly and intuitive. There's a huge variety of functions that make forecasting simple. The software crunches the numbers, freeing up time to make the critical decisions you need to make. Also, the tech support is amazing. I never have to wait and my issues are resolved right away. Review collected by and hosted on G2.com.

What do you dislike about Forecast Pro?

When we approached Forecast Pro, we told them how many SKUs we had (10,000+) and they said, "No problem!" Unfortunately, I have had to split my products into 5 different files, which makes the S&OP process tedious. You can merge them back together in a "Super Project" but mine is so large that the program crashes and is unusable. Although I really like being able to track different lead times of MAPE, I wish there were a way to see forecast accuracy instead of forecast error. Our executive team doesn't want to see errors. Review collected by and hosted on G2.com.

Recommendations to others considering Forecast Pro:

Make sure you have high processing power on the machines you're using. Forecast Pro requires a bit of RAM. Review collected by and hosted on G2.com.

What problems is Forecast Pro solving and how is that benefiting you?

We are forecasting all of our SKUs with Forecast Pro. We have been able to say goodbye to spreadsheets, which didn't allow us to track history. Now we can input data such as promotions, outliers, etc. We have a record of who made each decision for accountability. Also, seasonal items are so much easier to forecast. We have 90%+ accuracy on these items, but before we couldn't react to that because our spreadsheets were using just averages and not seasonality. So much less stress, not to mention cost savings and increase OTIF. Review collected by and hosted on G2.com.

Verified User in Business Supplies and Equipment
IB
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Forecast Pro?

The forecast charts are pretty accurate and help keep things organized. Review collected by and hosted on G2.com.

What do you dislike about Forecast Pro?

Nothing to really dislike- but if you aren’t trained on the software you would create an error that will potentially affect inventory causing chaos. Review collected by and hosted on G2.com.

Recommendations to others considering Forecast Pro:

Give yourself time to become familiar with the program to avoid user errors. Review collected by and hosted on G2.com.

What problems is Forecast Pro solving and how is that benefiting you?

Problems are simple user error. Benefits have cut down planning times and keeps business’ running more smoothly. For a small business I would still do hands on inventory, but with a larger one I would definitely need Forecast Pro. Review collected by and hosted on G2.com.