After the success of EMAfinance, which uses data from the accounting system to present them in the form of interactive spreadsheets and graphs associated to KPI’s, EMAsphere continues its software development by launching EMAforecast.
This advanced version allows the creation of budgets, business plans and forecast scenarios and simulates their impact directly in the income statement, more in specific with regard to revenues and estimated costs. This very comprehensive version enables SME company managers and theirs teams to compare the actual figures and the forecast figures throughout the year. The budget can be adjusted during the year in order to adapt the company’s strategy, while constantly keeping an eye on its evolution.
”It is a highly sophisticated but also very user friendly solution”, ensures Hugues Vandepeutte, co-CEO and co-founder of EMAsphere. ”It has been designed for SMEs that have acquired certain experience with regard to forecast follow up and want to manage their business activities more effectively by using a clear and relevant roadmap. Accounting firms are also very interested in the EMAforecast version, more in particular accountants who position themselves rather as consultants, and who are more focused on generating added value for their SME clients”, he concludes.
EMAforecast provides great comfort of use thanks to its ergonomics and offers all the functionalities that constitute the application’s main features, namely interactive tables and graphics, and a collaboration platform enabling the exchange of information and the assignment of tasks to other users. The Key Performance Indicators are enriched with ratios allowing the comparison with the previous year and the budget in order to present the actual situation in a clear and swift view as soon as the user is logged to the online platform.
”EMAforecast proves two things: EMAsphere’s expertise in developing company steering software solutions and its founders’ experience in sharing best practices”, adds Didier Vankeerberghen, co-CEO of EMAsphere. ”Prospects and customers show a particular interest in this new version that enables them to successfully plan their business activities for the future and to make once again the right decisions at the right time”.
Since the company raised 2 million euros at the beginning of the year, EMAsphere employs more than 20 people, has developed its partnership network in France, Belgium, Luxembourg and Switzerland, and counts more than 500 clients, all small and medium sized companies, which use its online dashboard software on a daily bases.