Financial Forecasting
Financial forecasting done properly, the FDPack way.
The unique FDPack forecasting methodology works with a high level of detail and double entry discipline to ensure we do the job “properly”.
Detailed, accurate and integrated.
Trusted by
What do we mean by
“financial forecasts done properly”?
Actual accounting statements are prepared with the discipline imposed by the double entry debit and credit system which means that, for example, you can’t record a sale into the P&L account (a credit) without also recognising that there is also a debit side to the transaction being either an invoice issued to a debtor or a cash receipt.
Profit & Loss
Cashflow
Balance Sheet
Thank you for helping us to get our figures together. I can now sleep better at night.
William Moore, CEO of AirBox Systems
How we Forecast
When it comes to forecasting anyone can create a profit & loss on a spreadsheet by simply listing revenue and expenses, but a P&L on its own will only tell part of the story.
For example, will the business have the finance it requires to deliver the predicted level of activity and what does the balance sheet look like at the beginning and end of the forecast period?
Financial modelling and rolling forecasts
The unique FDPack forecasting methodology works with a high level of detail and double entry discipline to ensure we do the job “properly”. Our model is built with the following structure:
Drill down into the detail
Having separated the forecast into different transaction types and attached the appropriate accounting codes, our FDPack software is then able to create all the double entry transactions that describe the forecast or budget.
This creates a single database containing, actual, forecast and budget transactions all in the same double entry format, meaning that they can be easily analysed and presented in whatever combination is required.
If you drill down into any line of the forecast, you will see transaction level detail and not just a single figure, which is the assumed opening/closing balance movement used by some short cut forecasting methods.
Save Time with Smart Reporting
Like all jobs that are done properly, our FDPack methodology is initially more demanding and time consuming but has significant long-term benefits for the accuracy and reliability of the forecasts and budgets.
Applying these disciplines to forecasting and budgeting ensures that the three financial statements are integrated and reassures stakeholders that the business really understands the mechanics of its finances and its cash flow.
“The FDPack modelling technique is like renovating a classic car. At one point the parts are all over the garage floor but, by the time you have cleaned them up and put them back together again, you have an intimate knowledge of how the car works. Like any classic car it also needs continual attention to keep it running smoothly”
Simon Phippen, FDPack Consultant.
We integrate with
FDPack connects with several major accounting platforms and we can build connections to other platforms if required. We synchronise your actual accounting data to update the financial statements displayed by FDPack, ensuring your forecasts and reports are always up to date.
The FDPack transformation
Whether you’re overwhelmed by spreadsheets, unsure how to present to investors, or simply tired of guessing, we replace uncertainty with confidence and control. Here’s what that transformation looks like.
| Before | After |
|---|---|
| Unclear financial picture | Full visibility across P&L, Cashflow and Balance Sheet |
| Guesswork and gut decisions | Confident, informed planning |
| Reactive, late reporting | Always-updated actuals and forecasts |
| Unsure about ability to grow or exit | Strategic roadmaps with financial backing |
| Constantly updating spreadsheets | One source of truth, always current |
| Finance team stretched too thin | Expert support without adding headcount |
| No clear valuation or exit strategy | Clear, investor-ready financial story |
| Can’t explain financials to stakeholders | Credible, customised reports for every audience |
| Time wasted juggling data sources | Insights delivered monthly, ready to use |
| Overwhelmed by financial complexity | Simplicity and clarity |
| Stop-start forecasting and budgeting | Rolling forecasts and scenarios |
| Uncertainty over future cash flows | Confidence in what’s affordable — and when |
| Difficulty justifying investment plans | Data-backed business cases to support growth |
| Fear of surprises or financial blind spots | Early warnings and decision-ready insights |
The FDPack story, so far…
FDPack was built to solve a problem, not sell a product. As a seasoned Finance Director, our founder Spencer Smith created FDPack to help businesses make better decisions through clarity, simplicity and smart financial insight.
Inspired by the Lotus Cars ethos, “Simplify, then add lightness,” Spencer set out to demystify finance and remove unnecessary complexity. What began as an Excel tool has evolved into a powerful online platform. Today, FDPack combines proprietary software with expert support, delivering cost-effective, high-quality management information. With our new online capabilities, this is just the beginning of what’s possible.
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