True Sky CPM
3 Reviews 4.5/5 ★ ★ ★ ★ ★A corporate performance management software designed for budgeting, forecasting, and planning processes.
Product Overview
True Sky is a corporate performance management software for budgeting, forecasting, and planning. It has an Excel-based interface, simplifying the transition for users familiar with Excel. Key features include financial budgeting, revenue forecasting, and compensation planning. True Sky also provides projections of capital expenditures, costs, and revenues. The software is primarily an on-premise solution but can integrate with various systems.Pros
- Excel-based interface
- Supports revenue forecasting and compensation planning
- Custom data models and templates
Cons
- Not available on mobile devices
- Requires technical proficiency to fully leverage Excel-based features
Target Market
Companies that already use Excel seeking to enhance their financial planning processes without significantly shifting their software environment.True Sky is a corporate performance management (CPM) software that focuses on enhancing the efficiency of planning, budgeting, and forecasting processes in businesses. It leverages the familiarity of Excel, integrating functionalities for advanced budgeting practices like rolling forecasts and driver-based planning. This approach streamlines data capture, allowing companies to allocate more resources toward analysis and strategy.
Video Overview
True Sky Software Key Features:
- Budgeting, Planning & Forecasting: Create models and templates for budgeting and forecasting for different company preferences, whether it’s rolling forecasts or annual budgets.
- Monitoring & Reporting: Create interactive reports to enhance data analysis and business strategy development.
- Dashboards: View important data, trends, and activities to make informed strategic decisions.
- Analytics: Use analytics to view them on their own or to input into reports and dashboards.
- Revenue Forecasting: Assists in accurate revenue prediction, aiding in making informed business decisions.
- Compensation Planning: Supports strategic compensation planning to retain top talent and gain a competitive edge.
- Capital Expenditures: Provides valuable data for making informed decisions on capital expenditures, avoiding long-term negative impacts.
- Project Costs/Revenues: Aims to accurately estimate project costs and prioritize for successful completion.
- User-Defined Modeling: Offers customization for unique business goals.
Product Overview
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User Reviews of True Sky CPM
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- Electrical Equipment
- 11-50 employees
- Annual revenue $1M-$10M
Ability to budget down to each user
We reviewed a few programs from Software Connect and one of them was TrueSky. They have been super helpful in digging deep and figuring out exactly what we would like from a budgeting and forecasting program.
We really like how detailed TrueSky is and how they are able to drill down and budget to by each individual user. Some of the other systems we looked at were not able to do that.
And the program feels and functions alot like excel which was helpful for our managers who already have experience with excel.
Pros
Great team that makes sure they understand what you need Ability to budget down to each user
True Sky CPM Review
The elegance of the True Sky product is that it harnesses the power of Microsoft Excel and SQL Server to deliver a solid and flexible solution for budgeting, planning and forecasting.
A clever solution based on Excel with exceptional integration
True Sky is a clever solution based on Excel with exceptional integration with GP…It is very powerful in its ability to integrate with other applications that are often need for forecasting and budgeting. I would consider them a clear market leader.
