forecast5 September 16, 2020 JAK

‘The recent 75th anniversary of the end of World War Two prompted this reflection: that generation: ready to risk life to preserve freedom; this generation: ready to risk freedom to preserve life.’ – Tony Abbott. Who would volunteer to be a trade advisor? Pity Tony Abbott, who was prime minister of Australia from 2013 to…

forecast5 August 26, 2020 JAK

1929-1930 This is what a depression looks like – and we are not in one in 2020. “If you fail to plan, you are planning to fail!”   Benjamin Franklin Don’t be depressed about recession. While media headlines announce Britain’s worst recession for many years, accountants know that a recession’s graph is only the short, sharp dip…

forecast5 August 7, 2020 JAK

Does this graph from The Spectator showing furlough claims make your blood run cold? How close to the cliff edge is your company? Where are the pinch points, how can you cut costs to stay in business? When Rishi Sunak announced the furlough scheme on May 5, he anticipated that some 10% of businesses would…

forecast5 July 28, 2020 JAK

The UK’s planned infrastructure bank is likely to need accurate forecasting before granting loans now that the annual 8 billion euros from the EIB have gone. Europe’s non-profit investment bank was established in Kirchberg, Luxembourg in 1958. In the post-COVID world, old-fashioned bank-loan regulations just won’t cut it any more. Last week the Financial Times…

forecast5 July 20, 2020 JAK

Making culture pay again What will it cost to return the Royal Opera House to profit if it can’t seat this many? After extensive lobbying by the arts sector, Boris Johnson has announced a £1,15 billion support package, describing them as “the beating heart of the country.” Art galleries and cinemas are already open: theatres, built…

forecast5 July 5, 2020 JAK

The Power of Daily Cashflow Forecast 5 launches Daily Cashflow, an extension to its forecasting and budgeting programme. With Daily Cashflow Users will be able to Budget on a rolling, 90-day basis Fine-tune all receipts and payments on a day by day basis, and Base this on weekly, fortnightly, bi-monthly or monthly breaks The DCF…

forecast5 June 4, 2020 JAK

In today’s market, not unsurprisingly, there is a big demand for robust forecasting software. Organisations want to know that they have the best tools available to quickly prepare and refine budgets to support their banking applications, their discussions with investors and their corporate plans. In a competitive situation a few days ago, Forecast 5 was…