Forecast
Professional services automation software
Project management software
Resource management software
Work management software
Project, portfolio & program management software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
Take the quiz to check if Forecast and its alternatives fit your requirements.
Contact the product provider
Free Trial unavailableFree version unavailable
Small
Medium
Large
- Information technology and software
- Education and training
- Media and communications
What is Forecast
Forecast is a professional services automation (PSA) platform that combines project planning, time tracking, resource scheduling, and financial visibility for services teams. It is used by agencies, consultancies, and internal delivery teams to plan work, allocate people to projects, and track delivery against budgets and timelines. The product emphasizes capacity and utilization planning alongside project execution workflows, with integrations to common collaboration and accounting tools.
Integrated PSA and resourcing
Forecast brings project planning, time tracking, and resource scheduling into a single system, reducing the need to reconcile data across separate tools. Teams can connect staffing plans to project timelines and track actuals against plans. This supports common services operations workflows such as utilization tracking, delivery forecasting, and budget monitoring.
Capacity and utilization visibility
The platform provides views for team capacity, allocations, and utilization that help managers identify overbooking and bench time. It supports scenario-style planning by adjusting allocations and timelines to see downstream impacts. This is useful for organizations that need to balance multiple concurrent client projects with shared delivery teams.
Project financial tracking
Forecast supports tracking time and costs against project budgets to monitor burn and margin-related indicators. It helps services leaders compare planned versus actual effort and understand where projects drift from estimates. This aligns with PSA requirements where delivery execution and financial outcomes are managed together.
PSA depth varies by need
Organizations that require end-to-end PSA functions such as complex billing rules, advanced revenue recognition, or highly specialized service desk workflows may find gaps depending on their requirements. Some teams may still need complementary systems for accounting, invoicing, or customer support processes. Fit depends on how much of the services lifecycle must be handled inside one platform.
Configuration and adoption effort
To get accurate forecasts, teams must maintain disciplined inputs such as estimates, allocations, and timely timesheets. Implementations often require configuring roles, rates, project templates, and governance around planning. Without consistent data hygiene, reporting and forecasting outputs can become unreliable.
Limited fit for non-services work
Forecast is oriented toward billable or capacity-managed delivery teams, which may not match all work management styles. Product development or highly flexible task-based teams may prefer tools optimized for backlog management and lightweight task collaboration. Teams with minimal resource planning needs may find the resourcing features heavier than necessary.
Seller details
Forecast Technologies ApS
Copenhagen, Denmark
2016
Private
https://www.forecast.app/
https://x.com/forecastapp
https://www.linkedin.com/company/forecastapp/
