Executive Summary
- This article is part of our honest vendor series, which is one of the only ratings of vendors rather than applications.
Introduction
Business Forecast Systems is a small software vendor that has been in forecasting since 1987. Business Forecast Systems is the type of software vendor that we typically recommend to work with. They are very concentrated on their application and have continually been developing their application ForecastPro for decades. The money buyers spend on the actual product and not to marketing hyperbole. They are also privately held.
Quality of Information Provided
Business Forecast Systems provides useful quality information during the sales process and in its documentation, blog, etc..
Consulting and Support
However, our interactions with them support the fact that they are quite experienced and know their application as well as can advise how to best leverage the application. However, we do not have the broad-based information from several buyers on which to grade Business Forecast Systems.
Business Forecast Systems follows a remote consulting model, identical to the software vendor Demand Works and PlanetTogether, where a few numbers of expert consultants get the application up and working and provide guidance primarily remotely. This means the implementation costs are low, and the consulting value is high. This model is also based upon the software is easy to learn. Business Forecast Systems also occasionally implements through consulting companies.
Internal Efficiency
Business Forecast Systems has high efficiency. They are small and have limited bureaucracy.
Innovation
Business Forecast Systems has a high innovation level. We predict that its software will reflect the best ideas in forecasting in the future.
Vendor Score
Honest Vendor Ratings
- VC = Vendor Consulting
- VS = Vendor Support
- QIP = Quality of Information Provided
- IE = Internal Efficiency
- I = Innovation
- C = Category
- ACS = Average Category Score
| Vendor | VC | VS | QIP | IE | I | C | ACG |
|---|---|---|---|---|---|---|---|
| Average Score for the BI Heavy Software Category | 6.4 | 5.3 | 5.1 | 4.5 | 4.4 | BI Heavy | Category Average |
| Average Score for the BI Light Software Category | 7.7 | 6.7 | 5 | 6.3 | 6.8 | BI Light | Category Average |
| Average Score for the CRM Software Category | 5.2 | 4.4 | 4.3 | 3.4 | 3.4 | CRM | Category Average |
| Average Score for the PLM Software Category | 7.3 | 7.5 | 6.3 | 6.2 | 6.3 | PLM | Category Average |
| Average Score for the Production Planning Software Category | 7.3 | 6.7 | 6 | 5.2 | 5.7 | Production Planning | Category Average |
| Average Score for the Small and Medium ERP Software Category | 7.3 | 6.7 | 6.3 | 6.7 | 5.9 | Small and Medium ERP | Category Average |
| Average Score for the Supply Planning Software Category | 7.5 | 6.7 | 6.1 | 5.5 | 5.6 | Supply Planning | Category Average |
| Average Score Score for the Demand Planning Software Category | 7.7 | 6.9 | 6.6 | 6.1 | 6.1 | Demand Planning | Category Average |
| Average Score for the Big ERP Software Category | 4.7 | 3.8 | 2.7 | 2.2 | 2.6 | Big ERP | Category Average |
| Actuate | 7 | 7 | 8 | 6 | 5 | BI Heavy | Application Specific |
| Arena Solutions | 9 | 10 | 10 | 8 | 10 | PLM | Application Specific |
| AspenTech | 4 | 3 | 4 | 3 | 7 | Production Planning | Application Specific |
| Base CRM | 8 | 8 | 9 | 9 | 7 | CRM | Application Specific |
| Birst | 8 | 8 | 8 | 8.5 | 9 | BI Heavy | Application Specific |
| Business Forecast Systems | 9 | 9 | 10 | 9 | 8 | Demand Planning | Application Specific |
| Delfoi | 8 | 8 | 8.5 | 4 | 8 | Production Planning | Application Specific |
| Demand Works | 9 | 9 | 10 | 10 | 10 | Supply Planning | Application Specific |
| ERPNext | 8 | 8 | 8.5 | 10 | 9 | Small and Medium ERP | Application Specific |
| FinancialForce | 10 | 10 | 9 | 10 | 9.5 | Financial | Application Specific |
| Hamilton Grant | 8 | 9.5 | 8 | 9.5 | 8 | PLM | Application Specific |
| Intacct | 10 | 10 | 9 | 9 | 9.5 | Financial | Application Specific |
| Intuit | 8 | 8 | 9 | 6 | 6.5 | Financial | Application Specific |
| JDA | 3.5 | 3 | 4 | 2 | 2 | Demand Planning | Application Specific |
| Microsoft | 4 | 5 | 2 | 1 | 1 | Small and Medium ERP | Application Specific |
| MicroStrategy | 8 | 7 | 7 | 7 | 7 | BI Heavy | Application Specific |
| NetSuite | 6 | 5 | 6 | 4 | 4 | CRM | Application Specific |
| OpenERP | 7 | 8 | 8.5 | 8 | 7 | Small and Medium ERP | Application Specific |
| Oracle | 5 | 2 | 1 | 1 | 1 | Many | Application Specific |
| PlanetTogether | 9 | 10 | 8 | 10 | 10 | Supply Planning | Application Specific |
| Preactor | 7 | 8 | 7.5 | 3 | 3 | Production Planning | Application Specific |
| ProcessPro | 10 | 8 | 9 | 10 | 9 | Small and Medium ERP | Application Specific |
| QlikTech | 8 | 7 | 5 | 8 | 9.5 | CRM | Application Specific |
| Salesforce | 7 | 3 | 8 | 6 | 6 | CRM | Application Specific |
| SAS | 9 | 7 | 10 | 7 | 7 | Demand Planning | Application Specific |
| SugarCRM | 4 | 4 | 5 | 5 | 3 | CRM | Application Specific |
| Tableau | 10 | 10 | 9 | 10 | 10 | BI Light | Application Specific |
| Teradata | 9 | 8.5 | 8.5 | 6 | 8 | BI Heavy | Application Specific |
| ToolsGroup | 10 | 10 | 9 | 9 | 9 | Demand Planning | Application Specific |
| SAP | 5 | 3 | 1 | 1 | 1 | Many | Application Specific |
Part of the Following Software Categories
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