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What is Forevana?

Forevana is a free Windows application that functions without an internet connection, specifically designed to assist users with cash flow forecasting, financial planning, and valuation activities. It features a 13-week cash forecast combined with what-if analysis, a comprehensive five-year plan that encompasses three financial statements alongside scenario modeling, and an up-to-date discounted cash flow (DCF) valuation tool. This software proves especially advantageous for finance teams, CFOs, and accountants, enabling them to assess projected cash positions in light of different assumptions while extending projections across all three financial statements. Moreover, the DCF capability supports users in performing valuation tasks in conjunction with these forecasts and plans. By merging such a variety of features into one Windows application, Forevana equips finance professionals with the tools needed to create cash forecasts, analyze planning scenarios, and assess the value of a business, all while maintaining offline functionality. The all-encompassing design of the platform significantly boosts the productivity of financial analysis and enhances the decision-making process for strategic initiatives, ultimately leading to better-informed financial outcomes.

What is Cashforce?

Transform and evaluate your data according to user-defined dimensions to derive meaningful insights about actual cash flows and future cash projections. Develop a tailored dashboard that effectively visualizes and consolidates essential information. Monitor your account balances and cash flows across different currencies by leveraging your foreign exchange rate sets. Consolidate local inputs to evaluate your cash flows on a global level, while maintaining the flexibility to explore specific areas of interest, right down to the details of individual transactions. Handle millions of transactions to create an exhaustive forecast, carefully scrutinizing each transaction to pinpoint inconsistencies in your cash flow predictions. Analyze the differences between actual results and forecasts through a thorough variance analysis framework, which reveals opportunities for improvement. Seamlessly incorporate this variance analysis into your forecasting processes to identify errors and make adjustments that boost overall accuracy for future projections. This comprehensive methodology not only facilitates effective financial management but also enriches strategic decision-making throughout your organization, ensuring a proactive approach to financial health. By continually refining your forecasting practices, you can adapt more swiftly to changing market conditions and organizational needs.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

$0
$0. The free version includes the forecasting, financial planning, and valuation features.
Free Version

Pricing Information

Pricing not provided

Supported Platforms

Windows

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub
Webinars

Company Facts

Organization Name

Wicked System Studio

Company Website

wickedsystemstudio.com/forevana.html

Company Facts

Organization Name

Cashforce

Company Location

Belgium

Company Website

cashforce.com

Categories and Features

Cash Flow Forecasting

Not specified

Categories and Features

Cash Flow Forecasting

Not specified

Financial Reporting

"What If" Scenarios
Cash Management
Forecasting
Multi-Company
Multi-Department / Project

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