Optimized Inventory Forecasting Solution
ForecastRx intelligently projects future demand so you can purchase the right product, in the right quantity, at the right time.
Why Choose ForecastRx?
Do you need better control over your inventory?
Want to decrease lost sales due to stock-outs while simultaneously avoiding the expenses associated with being woefully overstocked?
Need an inventory forecasting seller tool that analyzes your previous sales data, seamlessly incorporates every variable of your re-ordering process, and predicts precise future purchase order quantities?
We Have the Solution.
ForecastRx enables you to avoid lost sales & enhance stock order performance by employing multiple proven forecasting algorithms that analyze your sales history, identify trends, and recognize seasonality to predict future sales demand, which is then turned into actionable reorder quantities.
Amazon Seller Central Integration
Seamless integration with Amazon Seller Central that insures hassle free inventory forecasting.
QuickBooks Integration
Take the complexity out of QuickBooks reporting. With seamless integration to your QuickBooks account, monitoring your inventory is as simple as syncing your data, setting a few parameters, and pressing run.
Open Integration
Don't use Amazon or Quickbooks, that's ok. We provide you with the ability to easily import your store data into ForecastRx.
Inventory Management Software That Works
Inventory control is key to running a healthy business. From purchasing to fulfillment and everything in between, we’ll give you the forecasting tools you need to succeed.
The Definitive Inventory Forecasting Solution for QuickBooks and Amazon Seller Central.
ForecastRx enables you to avoid lost sales & enhance stock order performance by employing multiple proven forecasting algorithms that analyze your sales history, identify trends, and recognize seasonality to predict future sales demand, which is then turned into actionable reorder quantities.
Highly Customizable Inventory Forecasting
Struggling to determine how to order inventory? ForecastRx can be used by any type of business that needs to reorder. You are able to quickly define a wide range of forecasting and reordering parameters including Service Levels, Minimum Order Quantities, Lead Times, Order Intervals, and Lot Multiples. After accurately forecasting each product’s future demand, ForecastRx provides an exact reorder quantity to help you meet that demand by factoring in your current on-hand inventory and items already on-PO.
Predictive Sales Forecasting
ForecastRx precisely projects each product’s future demand by importing each product’s historic sales data combined with real-world logistical parameters. Almost 100 state-of-the-art forecasting algorithms run concurrently to identify the best model to project that product’s future sales.
Recognizes Seasonality and Sales Cycles
Never be out of stock or painfully overstocked again. ForecastRx is able to identify recurring sales trends such as seasonality, so you’re in stock during peak selling seasons and not overstocked during lower demand periods.
Efficient Dashboard
Our intuitive dashboard draws your attention to vital information regarding your reordering needs via one quick to read and easy to digest screen. This allows you to spend less time laboring through multiple outdated spreadsheets and instead, get your reordering done accurately and effortlessly.
Responds to Sales Trends
Products experiencing rapid growth or slow decline? ForecastRx responds to these trends and incorporates them in your reorder forecast to insure you maximize stock order performance without tying up capital in slow turning inventory.
Aids New Product Introductions
No history? No problem. Easily copy and manipulate history from a similar existing product to generate a forecast for a new product introduction.
Simplify your Inventory and Operations with ForecastRx.
We integrate with Amazon Seller Central, Quickbooks, and provide additional solutions through our Open Integration.
Amazon Seller Central Integration
As a top inventory management Amazon seller tool, we offer seamless integration with Amazon Seller Central that insures hassle free inventory forecasting.
QuickBooks Integration
ForecastRx helps simplify complex QuickBooks reporting. This enables you to analyze your sales trends and cycles helping you to purchase the right items in the right quantity at the right time.
Open Integration
Don't use Amazon or Quickbooks, that's ok. We provide you with the ability to easily import your store data into ForecastRx.
Looking For More Information?
Scan through some of our most frequently asked questions.
What is ForecastRx?
ForecastRx is a cloud-based inventory and purchasing solution for companies that find it expensive or time consuming to manage their inventory levels. ForecastRx syncs with accounting software and analyzes historic sales to make up-to-date and statistically confident purchase order recommendations.
How long does is take to import data into ForecastRx?
The amount of sales history that you have to import is usually the most important factor affecting the length of time that an initial sync with ForecastRx might take. Hundreds of thousands of sales orders may take a few hours to process. Subsequent syncing with ForecastRx is incremental and is usually performed daily. These syncs shouldn't take more than a minute or two. All data syncs can be performed overnight.
Why would I need ForecastRx?
ForecastRx virtually eliminates the time consuming task of tallying up how much you should buy of each product to replenish your inventory. With ForecastRx you can reduce your time spent on purchasing down to less than 5 minutes a day. We make sure you purchase the right product, at the right time, in the right quantity.
All of my data is in Excel, what do I do?
We have tested some beta functionality with comma separated value (CSV) imports, but there are technical limitations around displaying thousands of sales order in the ForecastRx UI, so we have not published this capability. Please email us directly at support@forecastrx.com to discuss your CSV imports on a case by case basis.
What accounting software does ForecastRx support?
ForecastRx is currently integrated with QuickBooks Online and all desktop versions of QuickBooks (e.g. Pro, Premier, Enterprise). Data integration is seamless with QuickBooks Online through Intuit Single Sign-on. Desktop versions make use of the Intuit provided QuickBooks Web Connector. We will be integrating with other account packages, such as FreshBooks and Xero, as we mature our main feature set.
Is my data safe with ForecastRx?
Yes. ForecastRx takes you privacy and security very seriously. We only collect accounting data relevant to the level of sales of your items. We do not collect data about your company, employees, payroll or any other personal data. All data is transferred with industry-standard encryption. Please see our privacy policy for more information.
How do I get my sales data into ForecastRx?
Syncing your QuickBooks Online data with ForecastRx is as simple as clicking a button in your web browser. Integrating with desktop versions of QuickBooks requires use of the QuickBooks Web Connector, which is provided by Intuit for free. The Web Connector is a small program that is installed on the same computer as QuickBooks and acts as a data upload interface to web based software like ForecastRx.
