mForecast Lite 2.0
Oct 04, 2011
mForecast Lite (Free version with Ads) has all the features of mForecast with only restriction that there is a limit of 5 items/bills that can be entered.mForecast is a forecasting application designed for iPad and iPhone/iPod Touch, that allows you to store historical sales/bills data, track/visualize and forecast. mForecast is a complex and full fledged forecasting system packaged as an easy to use app. Desktop software of similar kind costs hundreds or thousands of dollars.mForecast is used for a) Sales forecasting / Demand Planning / Financial projection b) Expense bills forecasting c) Time series analysis and general forecasting.mForecast shows you your projected future business sales/expenses by analyzing your past data and computing forecasts taking into account seasonality and current trends.Built by professionals with indepth understanding of demand planning, inventory management and forecasting, mForecast has many happy users, it is fast and easy to use. It is a solidly engineered app designed for speed, stability and ease of use.mForecast uses industry standard smoothing algorithms and forecasting techniques that large corporations use to forecast their sales, the same techniques can now be used by you on your iPad/iPhone to predict your sales/expenses.Follow these 3 easy steps to get started1) Create a new sales item or expense item by touching Options and entering a new Title and touching Create New.2) Enter historical data by touching History. For seasonal products or expenses (such as electric/utility bills) enter at least 1 year of history for a good forecast. For fixed items or expenses such as mortgage just enter previous month's data.3) Touch forecast, and review the forecast. You can override generated forecast if needed.Use the Email and More options to email CSV output of the historical data as well as the forecast.
You have the option of either exporting just one item or all data on your device.Key Features-Automatic forecasting without need for expert tuning-No limit on amount of history that can be entered-All data stored on your device as its entered-Solid UI design and stability, no reported crashes or data loss.-Easy to view graphical display of your data, enhanced charting.-Export CSV (can be opened in Excel) either individual item or all items; Export all format particularly useful for further analysis.-You can also use this app as a way to convert your paper sales/bills to a spreadsheet-Email CSV spreadsheets from inside the app (no need to leave the app)-Pie charts show distribution of your expenses/data, can traverse back and forth in the pie charts.-Ability to tag past promotions for sales forecasting, enter future promotions-Simple intuitive interface to enter/edit and delete data-Key data statistics such as mean, median, standard deviation, min, max, number of outliers, missing data shown-Ability to change generated forecasts-Forecasted data can be of any unit of measure not necessarily currency-Outlier detection and correction - corrects abnormally high/very low data prior to forecasting-Intermittent data supported just enter 0 for months where there is no sales/expense (e.g. lawn care expenses during winter should be entered as 0 for all the winter months).-Expert forecast tuning supported - Supported techniques Simple Moving Average, Exponential Smoothing (Holt-Winters), Auto (heuristic pick of best technique); Settings are by time series, so you can select different settings for different products/bills.-Tunable Smoothing parameters - Alpha (Level), Beta (Trend), Gamma (Seasonality)-Convenient sample data load feature to get started-Tunable SMA period-Supported languages English, German, French mForecast Lite