Why You Should Update Your Financial Model (and How To Do It)
Your research is complete, and you have built a financial model that tells a great story about your startup. You’ve shared the model with investors,...
3 min read
Jeff Erickson June 8, 2023
After climbing our way up the ranks of financial modeling solutions, the team here at Forecastr is proud to say that we’ve established ourselves as a clear leader in our space. And we couldn’t be any more excited to tell you about our latest accomplishment, which involves one of the best-known names in the entire fintech universe!
That’s right, Forecastr has joined the QuickBooks Solutions Provider program, and we’re as proud as we can be to call ourselves an official QSP provider.
What does this mean for you? If you use QuickBooks as your accounting software, you can automatically integrate your actuals into your financial model using our simple out-of-the-box integration.
And if you’re not using QuickBooks as your accounting software, we can hook you up! Scroll down to the bottom of this post to see how.
Key takeaways:
As you probably already know, Intuit QuickBooks is the world’s leading small business technology platform. But it’s way more than just accounting software. QuickBooks gives you a single source of truth for tracking your income, expenses, human capital, taxes, and more. It’s also known for being really easy to use.
But what is this QSP all about?
In a nutshell, the QuickBooks Solutions Provider (QSP) program is a community of software solutions and service providers authorized to resell QuickBooks and help their customers get the most out of this amazing financial platform.
One of the requirements to be included in the QSP program is that your application has to integrate with QuickBooks. Check! Forecastr offers seamless data integration with QuickBooks; we’ll take a closer look at that now.
If you’re tired of manually moving your accounting data into your financial model every month, this one’s for you! Our seamless integration lets you view your Actuals alongside your Forecast without lifting a finger.
Early customer feedback confirms that this integration is a game-changer. It keeps your model current and grounded in reality, so you’re always prepared to raise capital, evaluate your performance, and compare alternate scenarios.
With our QuickBooks online integration enabled, you can:
How does it work? We worked hard to create an intuitive process so you can set up the integration yourself. You simply click a button, configure the integration mappings, and you’re all set.
As with everything else at Forecastr, there’s always an analyst on standby to assist you with your mappings if you want a helping hand.
While we’re very proud of the integration, there’s more to this than just technology.
If you know us, you know that we’re all about education. We love teaching our community about the power of financial modeling and helping you get the most possible value out of your financial data.
As a QSP provider, we’ll get to help even more people harness the potential of financial forecasting and data-driven decision-making. In addition, we’re looking forward to the opportunity to share our financial modeling expertise within the larger QuickBooks community through educational resources, webinars, and networking events.
We’re looking forward to helping more of our community benefit from the QuickBooks platform. Intuit is passionate about delivering an excellent experience while solving their customers’ problems. Those are values we can get behind!
The value our combined communities will receive is going to be the biggest win that comes out of this new arrangement.
Back at the beginning of this post, we hinted that we might be able to help you out if you’re not already using QuickBooks. As a QSP provider, we’re authorized to offer you an exclusive discount on QuickBooks Online. So if you’re considering upgrading your financial management tools, you should reach out to us.
When you bundle Forecastr and QuickBooks Online together, you get two of the best solutions in the industry, seamlessly integrated to give you a complete picture of your financial past, present, and future. And we can set you up with a significant discount on the whole package.
We can’t wait to get started with this new chapter in the Forecastr story, and we hope you’ll come along for the ride!
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