Finoya’s Forecasting feature is a simple and effective scenario planning tool designed for small business owners. Instead of dealing with complex three-way financial models, you can easily estimate the impact of big expenses, new hires, or expected revenue changes.
How It Works
Create a New Scenario – Add a scenario and give it a meaningful name (e.g., "Hiring a New Sales Manager").
Enter Key Assumptions – Choose from:
Income (e.g., sales revenue, service income, rental income)
Expenses (e.g., marketing, rent, software subscriptions)
Payroll (e.g., new employee salary, exit employee)
Set Frequency & Amount – Define whether it’s a monthly, quarterly, or one-time impact and input the expected amount.
Run the Forecast – Click Forecast Now to see how your scenario affects your cash flow health over the next 30, 60, and 90 days.
Why Use Finoya’s Forecasting Tool?
Simplicity – No spreadsheets, no complicated formulas—just enter key details and get instant insights.
Decision-Making Power – See if you can afford a new hire, manage upcoming big expenses, or anticipate revenue shifts.
Saved Scenarios – Every scenario is saved so you can revisit and compare later to track actual vs. forecasted results.
Pro Tips for Better Forecasting
Regularly update your forecasts based on real business trends.
Compare multiple scenarios before making major business decisions.
Check your cash flow health score before committing to new expenses.
Finoya updates your financial data weekly, so your forecasts are always based on the latest numbers. The top bar shows the last sync date and the next scheduled update, ensuring you're working with the most accurate insights.