Average Ratings

2 Reviews

  • 3 / 5
    Overall

  • 3.5 / 5
    Ease of Use

  • 3 / 5
    Customer Service

Product Details

  • Starting Price
    $103.00/month
  • Pricing Details
    STANDARD: 140 AUD/mo for one user 40 AUD/mo for each additional user
  • Deployment
    Installed - Windows
  • Support
    Business Hours

Vendor Details

  • Castaway
  • www.castawayforecasting.com
  • Founded 2004
  • Australia

About Castaway

Castaway is a powerful financial software modeller providing multi-year integrated financial forecasts of P & L, Balance Sheet, Cashflow, Funds Flow and Ratios & Statistics. Actuals can be entered against forecasted data, producing variance reports and making re-forecasting easier. Designed with accountants in mind, Castaway has a wealth of features to help you produce forecasts in the format you need.


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Castaway Features

  • "What If" Scenarios
  • Asset Planning
  • Balance Sheet
  • Cash Management
  • Consolidation/Roll-Up
  • Forecasting
  • General Ledger
  • Multi-Company
  • Multi-Department/Project
  • Profit/Loss Statement
  • Version Control

Castaway Reviews Recently Reviewed!


Castaway Forecasting Software - Finally!

Mar 05, 2019
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
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Pros: Castaway really is powerful enough for my complex client companies and, yet, I have small shop and cafe clients as well and it is perfect

I am able to have conversations with my clients about their future. My clients are all CEOs of various-sized companies. This leads to longer-term assignments and happy customers

You can create simple models or complex models

The new dashboards are incredible and flexible and beautiful!

I wish I had have had this product when I first started my accounting practice

Cons: Some of my clients want daily cashflow. Castaway don't do this. I spoke to them about it and they said I'd have to analyse all my invoices on a daily basis, which is too hard and time-consuming anyway. In fact, the Castaway consultants taught me a few things about choosing daily/ weekly/ monthly forecasting.

Overall: Everything from purchasing the software to implementation to support/ advice and sometimes model reviews for my own client work, is professional and I couldn't recommend these guys more. There is no better tool for small to medium businesses and it is the main tool I use in my accounting firm

A very expensive Excel spreadsheet

Aug 02, 2016
1/5
Overall

2 / 5
Ease of Use

2 / 5
Features & Functionality

1 / 5
Customer Support

1 / 5
Value for Money
Likelihood to Recommend: 1.0/10 Not
Likely
Extremely
Likely

Pros: None as I stopped using it and have already built my own spreadsheet, it is far easier to use and more powerful than this clunky software.

Cons: License agreement is a con as the people on the phone tell you one thing and then do another. My suggestion to anyone who is thinking of buying this product is stop immediately as this is nothing more than an over priced excel spreadsheet with horrible arrogant support.

Overall: I used the software and found that it was nothing more than an extremely expensive excel spreadsheet that was difficult to use, not very intuitive and clunky to use. I no longer use the software and strongly recommend that people do not buy this software as it is just an excel spreadsheet backed by arrogant support who say one thing and then do another.

Recommendations to other buyers: Don't buy it, save your money and develop your own excel spreadsheet.