Creating and Calculating Figurewizard Forecasts
Figurewizard.com is a new online business forecaster and planner. Forecasts with the option to include Factoring / Invoice Discounting are a prominent feature.
Simple and straightforward, users simply input their forecasts for sales, margins, overhead, investment and simple cash ratios and the system does the rest.
Inputs are designed to be uncomplicated, taking just minutes to complete. That includes B/Fwd. balance sheet details from the previous year. The system progressively calculates and applies VAT and corporation tax to the forecasts as entries are being made. Forecasts can be set for one, two or three years.
The menu to the left illustrates the forecasts produced. These sample forecasts are derived from a single working example so what you see is what you get.
Factoring / Invoice Discounting Chart and WhatIf Calculator
Special attention is paid to factoring / invoice discounting. It can be selected when inputting or subsequently from the Interactive Cash and Factoring chart, which graphically illustrates the benefits that Factoring offers with a single click.
Factoring is also prominent in our WhatIf Calculator and Planner. This uniquely enables decreasing / increasing inputs and comparing forecasts for profits, tax, liquidity and cash on a before and after basis. With Factoring selected the "after" returns are unsurprisingly dramatically and graphically improved.
Figurewizard as a Sales Aid for Factoring
Figurewizard's ease of use, interactive charts and the WhatIf calculator makes it a significant tool for illustrating the benefits of factoring and decisive for facilitating closing a deal with the right people.
Just one click on the Interactive Cash and Factoring Chart will give any prospective client a spectacular picture of how cash flow can improve with factoring. However having spent a few minutes by first inputting their forecast figures into Figurewizard; selecting say a one year forecast, not only produces a compulsive case for closing a deal, it also creates a useful record of the predictions and their expected results arising from the meeting.
The Cost of Figurewizard
Up to a hundred complete sets of forecasts can be saved to "My Account" for just £30 a year; less than half the cost of a parking ticket. There are no other charges.