Forecast targets the professional services firm – agency, consultancy, software development shop – where project management and project economics are inseparable. The platform connects task management, time tracking, resource scheduling, and financial forecasting so managers know in real time whether a project is on budget, which team members are over-utilized, and what the expected margin on each client engagement will be at completion. The AI scheduling suggests optimal task assignments based on skills and availability. For firms that currently manage project economics in spreadsheets alongside a separate PM tool, Forecast’s integrated approach is compelling.

Forecast’s financial tracking connects task management to project budget in real time. Hourly rates per team member calculate the financial value of logged time. Budget burn rate compares actual hours logged against the project budget – showing whether the project is on track financially at any point during delivery. Margin tracking shows expected profit on each engagement as time accumulates. For professional services firms where project profitability drives business health, this real-time financial visibility replaces the end-of-month spreadsheet reconciliation that most firms use.

Forecast’s resource management shows team capacity – available hours per person per week – against allocated project work. Utilization dashboards identify under-utilized team members with capacity for additional work and over-committed members approaching burnout. The AI scheduling engine suggests which team members should be assigned to upcoming tasks based on skills, availability, and workload balance. For professional services firms where team utilization directly drives revenue, the visibility enables proactive staffing decisions.

Forecast’s time tracking logs hours against specific tasks and projects. Timesheets aggregate hours by project, client, and team member. Billable and non-billable hours are tracked separately. The invoicing module generates client invoices from logged billable time. Retainer management tracks hours consumed against monthly retainer budgets – alerting when retainer limits are approaching. The connected workflow from time log to invoice eliminates the manual calculation most agencies do in spreadsheets or separate billing tools.

Forecast’s portfolio view aggregates all active projects in a single dashboard – showing budget status, timeline health, and resource allocation across the entire client portfolio simultaneously. Analytics cover project profitability, team utilization rates, client revenue distribution, and forecast accuracy over time. The portfolio analytics give agency principals the data needed to identify which clients and project types are most profitable, and which team members generate the most revenue-per-hour.