Assessing backlog of current orders and the associated run off is a key building block of a revenue forecast. ForecastEra™ Backlog Manager tracks financial backlog of undelivered revenues and allows you to forecast the run off from Backlog. It can also track non-financial backlog of undelivered product or resource orders which can be leveraged in production and inventory planning. Sales leaders can set alerts to replenish backlog based on set thresholds.
Compliance solution based on new GAAP Rules ( ASC 606).
Starting 2017 all public and non public entities will need to adopt new accounting rules which require disclosure of unfunded customer obligations ( Financial Backlog). Our solution helps you to achieve these disclosure requirements on time to meet the new GAAP rules.