Gain insight and foresight of the cashflow in your business. Prepare dynamic reports to tell your business story to banks and stakeholders. Get control of your numbers and strategically plan where to grow your business.
Transition from broken, complex and time-consuming spreadsheets to simple files with powerful calculations. Rely on Castaway’s 3-way reporting, built on foundational accounting principles. Perform Actuals & variance analysis to re-forecast and make better decisions.
Build budgets & forecasts quickly with Castaway’s Integration. Design attractive reports & dashboards to help clients develop their business plans and guide them to a brighter future. Create more value and gain greater clarity by performing scenario analysis and modelling what-ifs.
Test the resilience of your business strategy by modelling different assumptions and scenarios on different market conditions. Consolidate and handle the eliminations of your subsidiaries or departments with a click of a button. View the performance of your company at a group level. Decide on the level of detail in your reports by drilling down in Castaway reports.
Easily create your first forecast in Castaway via Integrations with Excel, MYOB, Xero and Fathom. Build your Chart of Accounts in minutes by loading up your file and using the drag & drop function to map your accounts. Pull in your Actuals data in a matter of seconds with just a click of a button.
Excel Integration makes Castaway compatible with any accounting software that exports to Excel. So no matter what accounting package you’re on, we’ve got you covered.
We’ve made building great-looking dashboards easier than ever. Choose from one of the preset Dashboards or create a custom one. Preset graph widgets allow you to build a dashboard quickly or have full control and build your own.
Using the Dashboard Design panel, you can create attractive and unique graph styles that you can paste on to other graphs to create a consistent look for the whole dashboard. Use text or image widgets to help tell your story. This allows you to quickly build attractive dashboards with substance.
Craft attractive and comprehensive reports to provide insight to your readers by personalising it. Choose to add company logos, brand colours and fonts to one or all your reports. Decide to include additional information by adding customised report formulas or removing our in-built ones.
Castaway provides you with the flexibility of generating good-looking and uniquely identifying reports for you or your clients.
Prepare your business for a range of situations by scenario planning. Build your assumptions in Castaway by utilising drivers and learn how a change in these assumptions will impact your future. Get a glimpse of an alternate event by applying a what-if percentage to your accounts.
Steer the growth of your business by observing how different business decisions will financially impact you. With Castaway, you have the power to make better decisions.
Ideal for conglomerates or businesses with multiple subsidiaries, Castaway can help you instantly create a consolidated view of your files. Choose which accounts you want to eliminate simply by adjusting the settings. Castaway can also manage as many consolidations as you want, with files in multiple currencies.
Allow Castaway to remove your frustrations and free up the time you spend on maintaining convoluted consolidation spreadsheets to create better value for your business.
Castaway 3-way forecasting is fantastic. I have researched a couple of other leading business planning software packages and Castaway provides 10x more features and flexibility. I just developed a comprehensive 5 year Profit & Loss, Cashflow and Balance Sheet for a business in less than a day. Great for budgeting, business plans and bank financing. Also with direct interface to MYOB and Xero for actual results import.
I was a user of Castaway for over 3 years in my former role as Manager in an Accounting Practice. Our clients found this to be an invaluable tool for decision making and financial institutions were always impressed when presenting the 3-way forecast as part of Finance Applications. Upon commencing a new role as CFO of Dr+Group, the introduction and implementation of Castaway was a priority for the Board who agreed that this would be a vital tool when reporting on the financial performance of operations and developing business strategy going forward. The software has been easily adopted by other members of our Finance team due to the ease of use, the transparency and simplicity of the software.
We have been using WinForecast for the last 9 years as a robust P&L, Balance Sheet and cash flow forecaster. It has been brilliant for increasing bank and board confidence. In recent years, we have moved to Castaway. I highly recommend both Michael and his team to you and the Castaway product.
Castaway has been an integral part of my business in developing client forecasts both for internal management and board reporting as well as bank submissions for ongoing funding and new business acquisitions. The flexibility of data and budget/ actual variance reporting from P&L to cashflow and funds statement combined with exportability makes it a dynamic tool. I would recommend this product to all who are involved in this process and those who are making decisions about the future of a business.
I have been a user of Castaway since it was released, employing it across several industries and business sizes in that time. It has always appealed to me because of its ease of use – if you can use a spreadsheet, you can use Castaway. Not only do you get accurate, easy to read financial data, including the most important information of all - cashflow – but the customisable reports and reporting periods makes your output look top quality.
We had been looking for a forecasting tool to replace a legacy product, having found Castaway we couldn’t be happier. Castaway meets all our needs. We love the simple reporting and drill through functionality. This comes in handy with those complex, multiple entity consolidations. To be able to crack out a full budget and cash flow in super quick time allows us to provide real-time feedback to clients on a projects viability. In addition we utilise the link to source data feature to provide various flexible scenario analysis. We would recommend Castaway to any finance professional or business owner who wants to make informed decisions. Castaway is easy to learn and intuitive with backup support only a call away.
We have been using Castaway for three years now. In my 27 years as an accountant, no other piece of software I have encountered gets even close to equalling the value added to our practice and to the value we have been able to add to our clients' businesses, by using it. Our business has grown 40% in the last 2 years and 90% of this growth is attributable to Castaway work. Castaway is an essential tool for all advisory firms.
Our Company has been budgeting and cashflow modelling in Excel for many years and developed a sophisticated financial model. However, budgeting became a nightmare for our finance team as the Excel-based model became too complicated and never balanced when we consolidated the various entities in our Group. We switched to Castaway as it was easy to use and enabled us to run various “what-if” scenarios with middle management in a format they could understand. We no longer have broken links and budgeting is now a much more productive exercise. Recommend Castaway to anyone who wants to make budgeting simple and clear to all involved.