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.

About True Sky

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.

True Sky Software Key Features:

  • Budgeting, Planning & Forecasting: True Sky facilitates model and template creation for budgeting and forecasting, ensuring robust security and flexibility to adapt to different company preferences, whether it’s rolling forecasts or annual budgets.
  • Monitoring & Reporting: The software simplifies report generation, combining Excel’s functionalities with True Sky’s features to create interactive reports, enhancing data analysis and business strategy development.
  • Dashboards: True Sky’s dashboards provide a quick view of important data, showcasing trends and activities to inform strategic decisions.
  • Analytics: It offers comprehensive analytics capabilities, enabling businesses to understand their data deeply, identifying trends, drivers, and connections for informed decision-making.

True Sky Software Benefits

  • Financial Budgeting: Utilizes the power of Excel for real-time budgeting, offering flexibility in budgeting styles and template customization.
  • 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: Aids in accurately estimating project costs and prioritizing for successful completion, with intuitive features for broader team involvement.
  • User-Defined Modeling: Offers customization for unique business goals, moving away from a one-size-fits-all approach to budgeting software.
  • Structured Data Capture: Automates data input, enhancing productivity and accuracy for better business decision-making.

Product Overview

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User Reviews of True Sky

★★★★★
★★★★★
Submitted on May 16th, 2023 by Anonymous

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.

The Good…

Great team that makes sure they understand what you need

Ability to budget down to each user

The Bad…

None

★★★★★
★★★★★
Submitted on February 4th, 2020 by Brian Armstrong

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.

★★★★★
★★★★★
Submitted on February 4th, 2020 by Kerry Draper

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.