Overview

Forecasting in Finmo lets you build on your cash position weeks or months ahead based on your Cashflow data. Whether you want a high-level view or scenario-specific deep dives, Finmo’s Forecasting module gives you flexibility to model outcomes, test assumptions, and prepare for any situation.

Key Features

• Forecasting Engine
  Project your future cash position with dynamic forecasting powered by real-time bank data, invoices, bills, and more.
• Scenario Simulation
  Test what-if cases like delayed payments, unexpected expenses, or accelerated revenues, and instantly see their impact on your cashflow.
• Instant Scenario Switching
  Quickly toggle between Best Case and Worst Case to compare outcomes side-by-side with your default forecast.
• Scenario Customisation
  • High-Level Adjustments: Change the overall percentage for Best or Worst Case scenarios.
  • Granular Adjustments: Modify Receivables and Payables individually for each scenario.
• Exportable Reports
  Generate clean, presentation-ready reports with historical data, forecasts, and scenarios for easy sharing with stakeholders.

Dashboard

• Scenario Selector: Instantly switch between Best/Worst Case to overlay with Forecasted data.
• Editable Inputs: Adjust percentages by cases or individual Receivables/Payables directly in the dashboard.
• Graph View: Visualise your baseline forecast and scenario comparisons.
• Table View: See side-by-side values for forecasts, and scenarios.
• Export Button: Download filtered data for offline analysis or reporting.

How Forecasting works

When you connect your bank accounts to Finmo along with your existing Finmo accounts, your cashflow data is automatically structured into four key sub-sections: Opening Balances, Closing Balances, Receivables, and Payables.
This data is then visualized in both tabular and graphical formats, giving you a clear picture of your current & historical cash position. Based on your available cashflow data, Finmo projects future cash flows by analyzing:

• Historical cash flow trend
• Seasonality

From this, time-series forecasts are generated for a few time-period ahead using the Holt-Winters method for Opening & Closing Balances, Receivables, and Payables across your accounts, helping you anticipate upcoming inflows and outflows with precision. The Holt-Winters method is a very common time series forecasting procedure capable of including both trend and seasonality.

Scenarios

Cash flow is never 100% predictable, receivables may come in earlier or later than expected, and payables can rise or fall. To help you prepare, Finmo lets you model two alternate scenarios alongside your base forecast:

• Best Case
• Worst Case

These alternate scenarios are calculated by adjusting the base forecasted receivables/payables higher or lower. The default adjustments are +10% for Best Case and -10% for Worst Case. You can amend the the adjustments behind these scenarios in two ways:

• At the overall case level – apply percentage changes across all receivables and payables.
• At a granular level – edit individual receivables and payables to reflect specific best/worst outcomes.

This dual view helps you stress-test your forecast, compare best vs worst outcomes, and make informed decisions with a buffer for uncertainty.