Sales Forecasting Software

Explore the list of the best sales forecasting software that can help you to forecast your sales accurately and plan successful strategies.

Sales forecasting is the usual starting point for annual financial planning. It is a process that allows a business to estimate its future sales. Inaccurate sales forecasting can lead to wrong financial decisions and miss-calculated opportunities. So, it is essential to do the forecast and test all the approaches in a systematic way. If this seems to be challenging, then you should use a sales forecasting tool. The best sales forecasting software can help in overcoming these challenges and ease the task of accurate sales forecasting.

What Is Sales Forecasting Software?

Sales forecasting software is an application that allows you to generate a report of expected sales based on historical business data, current market conditions, and competitive analysis. The sales forecasting software can generate reports that provide a clear picture of achieved sales and potential sales and determine the right sales targets for the future. Basically, a sales forecast software can help you in acquiring the data relating to -

  • Sales figures expected in the future
  • Comparison between actual sales and expected sales
  • Reasons of difference between actual sales and expected sales figures

Based on this data, the decision-makers can plan successful business expansion strategies and ascertain the methods to fuel the company’s growth. The overall budget of a business organization depends on the sales forecasts. Thus, it becomes highly critical for any business to forecast sales accurately.

How to Find the Best Sales Forecasting Software?

There are many sales forecasting tools available in the market, and finding the one that suits your business preferences can be overwhelming. To ease your job, GoodFirms’ experts have intricately curated the list of the best sales forecasting software. Here, you will find in-depth details and authentic users’ reviews about each software all under one roof. Moreover, user-friendly filters help you shortlist the sales forecasting tools according to your preferences and budget, helping you make smart purchasing decisions.

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List of The Best Sales Forecasting Tools

  • Apollo

    Land your dream customers.
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    Apollo is the unified engagement acceleration platform that gives reps the ability to dramatically increase their number of quality conversations and opportunities. Reps are empowered do more than just conduct outreach, they learn who to target, how to reach out, and what to say at speed and scale. We help drive growth and success by providing the means for teams to discover and utilize their orga ... read more about Apollo

    Entry Level Price
    $49 Per Month
    Free Trial
    14 Days
    Category Focus
    100% in Sales Forecasting Software
  • Clari

    Clari gives us an X-ray on our business.
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    Clari automates time-consuming forecasting tasks by continuously rolling up forecasts across every rep, region, overlay, channel, and product line in your business. Clari’s forecast is backed up by actual deal data, so you and your company can use it to make critical strategy decisions. Clari gives your team a comprehensive, moment-to-moment understanding of your pipeline, so you can see which t ... read more about Clari

    Entry Level Price
    Contact vendor
    Free Trial
    14 Days
    Category Focus
    100% in Sales Forecasting Software
  • Clockwork

    Your intelligent, all-in-one FP&A tool.
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    Clockwork automatically gives you insight into unknowns like collection delays, when to invest in new hires, when to pay suppliers, and whether you’re at risk of running short on cash. Make more collaborative decisions on what you’re spending, where you can cut costs, and how much you can invest in growth by working with your team on a real-time dashboard. Set custom user permissions to contro ... read more about Clockwork

    Entry Level Price
    $99 Per Month
    Free Trial
    14 Days
    Category Focus
    100% in Sales Forecasting Software
  • QuarterOne

    Reporting & forecasting software for forward-thinking sales & finance teams.
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    QuarterOne is a sales forecasting application for small to medium businesses. It helps management teams get an instant, meaningful forecast straight from their sales pipeline. By connecting to existing CRM systems such as HubSpot and Pipedrive, and by automating all the number-crunching, QuarterOne provides a clearer and more up-to-date view of the future that our customers can trust. ... read more about QuarterOne

    Entry Level Price
    $129 Per Month
    Free Trial
    14 Days
    Category Focus
    100% in Sales Forecasting Software
  • Forecast Pro

    Better Decisions Demand Forecast Accuracy.
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    Forecast Pro is an off the-shelf forecasting package designed for business forecasters. Forecast Pro is used across virtually all industries and puts sophisticated forecasting techniques into anyone’s hands. It is powerful & accurate, yet easy-to-use and quick to implement — you can be up and running in just days, or even hours. ... read more about Forecast Pro

    Entry Level Price
    $1495 One-time
    Free Trial
    N/A
    Category Focus
    100% in Sales Forecasting Software
  • TwelveZeros

    The Sales Forecasting Platform
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    Integrate with Salesforce or Microsoft Dynamics in minutes. Our AI will create an accurate sales forecast giving you the visibility needed to run your business. The tool will automatically build an accurate forecast of your sales and will alert you ahead of time if youre not on track. TwelveZeros eliminates the usual forecasting guesswork with machine learning algorithms. It will help you identify ... read more about TwelveZeros

    Entry Level Price
    $25 Per Month
    Free Trial
    30 Days
    Category Focus
    100% in Sales Forecasting Software
  • IBM Planning Analytics

    The Next Generation: Diverse Perspectives on Data and AI.
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    IBM Planning Analytics is an integrated planning solution that uses AI to automate planning, budgeting, and forecasting and drive more intelligent workflows. Built on TM1, IBM’s powerful calculation engine, this enterprise performance management tool allows you to transcend the limits of manual planning and become the Analytics Hero your business needs. Quickly and easily drive faster, more accu ... read more about IBM Planning Analytics

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    100% in Sales Forecasting Software
  • a4RetailStores

    WE BUILD AFFORDABLE, ADVANCED ANALYTICAL SOLUTIONS THAT IMPROVE BUSINESS EFFICIENCY.
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    A4E offers a growing range of analytical apps, solving important business problems like sales forecasting. We are enabling businesses across all verticals to use their data as a competitive advantage. ... read more about a4RetailStores

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    100% in Sales Forecasting Software
  • Capacity Forecaster

    Trend, Forecast, Measure.
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    Forecast required FTE (Full Time Employees) to meet daily sales goals. Our FTE requirement calendar allows a user to navigate their selected Branches or cities and be able to tell very quickly how many resources they need to add or how many shift pick-ups they need. Compare your historical forecasts against actual to identify any shortcomings in your data. ... read more about Capacity Forecaster

    Entry Level Price
    $5 Per Month
    Free Trial
    N/A
    Category Focus
    100% in Sales Forecasting Software
  • Dear Lucy

    A Visual Way to Manage B2B Sales
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    Improve close rates, boost team motivation and run more meaningful meetings with a real-time view to goals, KPIs, trends and forecast. Straight from your favourite CRM. Combine Dear Lucy with your CRM and take charge of your sales performance. ... read more about Dear Lucy

    Entry Level Price
    Contact vendor
    Free Trial
    Available
    Category Focus
    100% in Sales Forecasting Software
  • ForecastingSoftware.com

    Create better forecasts, faster. Without Excel.
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    ForecastingSoftware.com provides premium technology small to large-sized companies that need to accurately forecast any product demand. Forecast demand at any level you want. Don't just settle for SKUs, forecast everything from brands to suppliers. Make manual adjustments to sales data to influence the monthly forecast. ... read more about ForecastingSoftware.com

    Entry Level Price
    $199 Per Month
    Free Trial
    14 Days
    Category Focus
    100% in Sales Forecasting Software
  • Fullcast

    Software Defined Sales Operations.
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    Fullcast core platform enables sales operations teams to collaboratively build their go-to-market strategies on a single integrated platform that has the capability to push approved policies and rules directly into their CRM. By linking planning with execution on a single platform, teams using fullcast.io are able to significantly reduce their execution time, while maintaining 100% alignment betwe ... read more about Fullcast

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    100% in Sales Forecasting Software
  • MethodData

    We Help You Make Sense Of Your HubSpot Sales and Marketing Data.
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    We Help You Make Sense Of Your HubSpot Sales and Marketing Data. ... read more about MethodData

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    100% in Sales Forecasting Software
  • Percolata

    Wonder How accurate forecasts can help your business.
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    Percolata offers a fully managed Forecast as a Service solution to predict sales, takeout orders for restaurants and retailers to find the right level of staffing & delivery on an hourly basis. Using physical traffic history, historical online traffic, point of sale data, weather forecasts, marketing calendars, and other data (for example, COVID-19 data) via proprietary deep learning technology, P ... read more about Percolata

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    100% in Sales Forecasting Software
  • Sellsation

    SELLSATION - The Sales Automation CRM.
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    SELLSATION will help you identify the leading indicators that will help you manage your team and organization by conversation ratios, hit rates, customer segmentations and benchmarking. SELLSATION is designed to enable simple and quick administration for users of all knowledge levels. All-in-one CRM solution offering easy and flexible sales & marketing automation to small & medium sized businesses ... read more about Sellsation

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    100% in Sales Forecasting Software
  • Tenzo

    Predict the future with machine learning to know exactly what’s ahead.
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    Tenzo’s predictive analytics engine predicts sales up to 21 days ahead. The algorithm uses historical sales data as well as local weather, holidays, and custom events. The result is forecasts that are 50% more accurate than other methods ... read more about Tenzo

    Entry Level Price
    Contact vendor
    Free Trial
    14 Days
    Category Focus
    100% in Sales Forecasting Software
  • Vortini

    Sales forecasting is always an important but challenging activity.
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    Sales forecasting is always an important but challenging activity. This is even more the case when the business is experiencing change. When reorganizing regions, creating new sales teams for new products, or changing leadership, preparing a confident sales forecast can be especially challenging. ... read more about Vortini

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    100% in Sales Forecasting Software
  • FrontlineSolvers

    Analytic Solver - Our All-in-One Solution.
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    Sales forecasting solution for all businesses which helps with data and text mining in Excel, predict churn/fraud, feature extraction, PMML, classification, pipelining multiple operations and more. ... read more about FrontlineSolvers

    Entry Level Price
    Contact vendor
    Free Trial
    15 Days
    Category Focus
    100% in Sales Forecasting Software
  • Manufacturing X

    The Three-in-One Platform to Transform Your Sales.
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    Manufacturing X is a sales platform that combines the power of CRM and CPQ with production expertise and intelligent insights to transform the profitability of manufacturing businesses today. Based on the SAP Cloud Platform, it is deeply integrated into manufacturing processes and front-end sales operations. The vendor says their solution empowers manufacturers to successfully counter the commodit ... read more about Manufacturing X

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    50% in Sales Forecasting Software
  • InsightSquared

    The easiest path to a trusted sales forecast.
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    InsightSquared Tiles is a sales analytics platform that provides sales leaders with the insights they need to drive performance and close deals. According to the vendor, the comprehensive set of reports provide sales leaders with ready access to all the analysis they need to assess their progress, diagnose performance gaps, and formulate action and coaching plans. Additionally, the vendor says the ... read more about InsightSquared

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    100% in Sales Forecasting Software
  • Verfacto

    Turns e-commerce data into knowledge
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    Verfacto is a machine-learning tool that unifies customer data from scattered sources, blends it with behavioural data, and turns into insights that help e-commerce businesses to approach the right audience with the right message, adjust acquisition channels according to customers lifetime value, upsell and cross-sell effectively, make discounts only if they have a positive effect, and more. ... read more about Verfacto

    Entry Level Price
    $59 Per Month
    Free Trial
    N/A
    Category Focus
    50% in Sales Forecasting Software
  • beqom Sales Performance

    beqom's Sales Performance Management solution automates sales commissions and incentives.
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    beqom's Sales Performance Management solution automates sales commissions and incentives for direct and indirect sales channels, offering complete configurability and scalability to meet the needs of even the largest, most complex global sales forces. ... read more about beqom Sales Performance

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    50% in Sales Forecasting Software
  • CreamSoda

    CRM that keeps you selling
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    CreamSoda CRM is designed to help small businesses organize their sales data. It provides easy-to-use web-based interface for organizing contact information, tracking interactions and scheduling activities and reminders. CreamSoda CRM provides two-way E-mail and Calendar integration with GSuite and Outlook in its base package. It also provides seamless integration with MailChimp for e-mail marketi ... read more about CreamSoda

    Entry Level Price
    $6 Per Month
    Free Trial
    14 Days
    Category Focus
    50% in Sales Forecasting Software
  • Valuecore

    Supercharge your Rep’s sales cycles
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    ValueCore empowers sales and marketing organizations to present compelling value propositions to prospects and customers. We deliver “Value Moments” in the form of images, sales presentations, proposals, email content, and quarterly business reviews. It can help your customer understand their current costs, opportunity costs, or value of utilizing your solutions. Deployed across the customer l ... read more about Valuecore

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    100% in Sales Forecasting Software
  • Weelo

    Sales & Distribution Management System
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    Weelo is a B2B enterprise solution that manages operations of multiple sales channels from warehouse to cash collection. Weelo is designed to help manufacturers and distributors manage and streamline their sales and distribution processes in real time. ... read more about Weelo

    Entry Level Price
    $25 Per User
    Free Trial
    N/A
    Category Focus
    10% in Sales Forecasting Software
  • SolvedBy.Ai

    We provide Ai products that deliver measurable ROI and improve the lives of working people.
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    FORECASTING.AI Forecasting Ai will use your transaction data to forecast sales, footfall, and interactions in difficult trading times across most sectors. This will give you an accurate basis for building your staffing levels. Forecasting Ai can be used with your existing data warehouse or BI tools to assist you in a project. ... read more about SolvedBy.Ai

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    50% in Sales Forecasting Software
  • Forecisely

    Forecast more precisely
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    Forecisely™ is a Supply Chain Planning software application offering an affordable, easy-to-implement and simple to use solution to complex planning problems for small to medium sized retailers and e-commerce businesses. ​It is also a multi-platform application as it runs on mobile phones (Android or iPhone app), laptops, tablets and desktops running all of today's popular operating system ... read more about Forecisely

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    100% in Sales Forecasting Software
  • Goals.com

    Sales Enablement & Performance Management Simplified
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    Goals.com is sales enablement simplified. Our software provides sales teams of any size the most intuitive ways to set goals, incentivize team members, manage customers and most importantly — drive more sales and close more deals. Our simple software provides the essential tools for sales leaders and team members alike to drive more sales and increase the performance of your team. With a str ... read more about Goals.com

    Entry Level Price
    Contact vendor
    Free Trial
    30 Days
    Category Focus
    100% in Sales Forecasting Software
  • Brixx

    Utilise a financial modelling tool to forecast your cash flow.
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    Brixx is used by people with a range of different levels of financial experience and expertise. Whether you’re planning your first startup or are a seasoned finance professional, there’s a set of features in the Brixx toolbox that’s right for you. You can build flexible financial timelines, collaborate with other users, test different scenarios, and more! ... read more about Brixx

    Entry Level Price
    Contact vendor
    Free Trial
    7 Days
    Category Focus
    33% in Sales Forecasting Software

Frequently Asked Questions

Who Can Benefit From Sales Forecasting Software?

Sales teams, managers, financial advisors, business owners, investors, and stakeholders of any type and size of organization can benefit from sales forecasting software. The sales forecasting software includes templates that allow users to generate statistical reports showing future sales figures and market conditions based on the historical data. Accurate sales forecasting helps businesses make the right decisions relating to their sales & marketing strategies, recruitment, investment, and budgeting. Precisely, it benefits every employee of the organization to gain insights over the future, take proactive actions, and make informed decisions, which ultimately contributes to the business's growth and expansion.

How Does a Sales Forecasting Software Work?

A sales forecasting software can capture data and sales strategies executed from marketing automation software, sales force automation software, and CRM. Based on that information, historical data, current market conditions, future sales pipeline estimations, and conversion ratios, the business forecasting software can come up with the sales figures expected in the future. Moreover, the sales forecasting system also identifies the KPIs relevant to a business organization and generates customized reports relating to sales activities, marketing strategies success achieved, and many more aspects that help users analyze the current situation and logically plan for the future.

Why Should I Invest in Sales Forecasting Software?

Below-mentioned are the four main reasons that can convince you to invest in a sales forecasting software -

Planning Successful Strategies

Depending on the sales forecast report generated, the sales team can adjust their strategies to meet their sales goals. If the report shows that the products/services you sell is going to exceed your expectations, you can increase your salesforce, invest in new technology, etc., and increase your ability to plan successful strategies.

Loss Prevention

Sales forecasting software can provide accurate and comprehensive forecasts for your business. You can take proactive actions when necessary and save your business from any kind of crisis and financial loss.

Improving Sales Team Performance

The sales forecasting software helps you analyze the sales targets for the future, and based on that, you can motivate your sales team and improve their performance.

Making Right Decisions

Sales forecasting tools enable you to generate accurate sales forecasting reports, leading you towards making the right decisions related to recruitment, investments, diversification of the business, cost-control, etc.

What Are the Key Features I Should Look for in a Sales Forecasting Software?

Forecasting Demand

The sales forecasting software you choose should be able to forecast the demand of your products/services based on the item and location at regular intervals. It should have the capability to create statistical reports based on historical data about seasonal demands, trends, new launches, stock outages, etc.

Cost Estimation and Revenue Planning

Aligning the cost estimation and revenue planning is highly significant to gain success in the business endeavors. The sales forecasting tools should have the ability to estimate costs for the future based on the current sales price, market trends, and historical data. This would help in forecasting the revenue generation for a particular period helping in making successful financial decisions.

Multiple Users Access

Forecasting sales accurately and making decisions based on that is not one person's job. The sales forecasting software should allow multiple users to access the information in a secure manner. This would help the teams to collaborate and communicate effectively and enhance the efficiency of teamwork activities.

Reporting

Reporting is the most significant aspect of sales forecasting software. You should be able to generate accurate, customized, and comprehensive reports showing data relating to different processes within your business organizations like sales & marketing, accounting, recruitment, etc. That would help you prevent your business from unforeseen crises ensuring profit generation.

How Should I Select the Best Sales Forecasting Software?

Below-mentioned are some qualities that you should look for while selecting the best forecasting software -

Functionality - Should include the features suiting to your business processes.

Scalable - Capable of adjusting to your business needs as it grows.

User-Friendly - Should be easy to deploy and use

Integration - Ability to integrate with various applications you are using for sales, marketing, accounting, etc.

Technology - Should be built considering latest technology trends

Choosing the right sales forecasting software for your business needs might be complicated for you. Researching and analyzing several sales forecasting tools can consume a lot of your time and energy. To help you in this matter, the experts at GoodFirms have come up with the best sales forecasting software here. Just go through the details along with the authentic reviews about each software, to make the right purchase decision.

Having any other questions besides those mentioned above? Feel free to get in touch with us.

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