Forekit can help your business
Reporting
- Internal reporting (not for compliance purposes)
Overview
We recognized an opportunity in the financial budgeting sector.
We aimed to create an automated, yet precise, forecasting system that reduces human errors and resource expenditure.
Forekit provides the following solution.
[Unified Budgeting Tool]
Our product excels in providing detailed budgeting and forecasting capabilities, unmatched by other offering on the market.
[Cost Efficiency]
Clients save time with single-tool budgeting and low SaaS fees from our tech innovation.
[Full Collaboration]
Stakeholders in financial budgeting collaboratively share, update, and review across multiple companies and budgets.
[Automation Platform]
The platform is designed to integrate AI analysis and model creation, resulting in an automated end-user forecasting tool.
Forekit + Xero
Forekit integrates with Xero APIs to import actual data and organization information from Xero.
- Accounts (Ledgers)
- Reports - Profit and Loss, Balance Sheet
- Invoices & Bills
- Payrolls (AU)
Forekit provides each ledger level budgeting with various modules including general income, maintenance, project, general cost and etc.
It also provides very detailed payroll budgeting based on imported Xero payroll data.
It support full 3 way forecasting with weekly cashflow forecasting plus beautiful dashboard, scenario analysis and AI assisted invoice budgeting.
Getting started
You can start Forekit from the Xero app store quickly. If you authorize the Xero, Forekit will create a new budgeting company based on your selected Xero company.
Forekit will trigger the Xero data import after getting started with displaying the default budgeting screen.
Once the data import is finished, Forekit will show fully synchronized budgeting page based on your ledgers, Profit and Loss, Balance Sheet reports layouts.
As Forekit provides a quick historical data based estimation for each ledger level, you simply click the general income and check the estimated value.
Any budgeting figures instantly will be reflected across the dashboard, budgeting of 3 statements, weekly cashflow and scenario analysis.
