Super Business Forecasting App in 2025 — Clockify
If you want to predict expenses, profit, or sales in your business, you need a quality business forecasting ??tool by your side.
Looking for the perfect software is a demanding task but here’s an instant solution — Clockify.?
Read on to learn why Clockify is the best forecasting software for your business.???
*This article is an abridged, adapted version of the blog post originally published on the Clockify blog: https://clockify.me/blog/apps-tools/forecasting-tools/??
How does business forecasting work in Clockify?
In essence, Clockify is a time tracking tool. However, thanks to its many capabilities, you can use Clockify for advanced processes such as business forecasting.?
It’s very simple — your employees track their work hours in Clockify, and you later use that tracked time for future predictions.?
Here’s how you can easily make business forecasts in Clockify.
First, create a project (or projects) in the app and track ?? time on them. Clockify allows you to choose between using a timer or filling out timesheets.
After you’ve tracked some work hours, you need to go to the Projects tab and choose the Forecast option, just like in the image below.?
Next, when you hover over the chart, you can see:
With Clockify, you get to compare tracked hours with estimated hours, allowing you to see whether your projects are on schedule or whether they’re about to exceed budgets or deadlines. ??
Clockify also lets you define a project estimate, be it in time or budget, and choose how you want to track project progress.?
If you choose to track it in time, you can enter a time estimate of, for instance, 100 hours. Then, if you track more hours than assigned, Clockify will instantly notify ?? you, making the forecasted line go over the estimate and turn red.?
As for the notifications, anybody can receive alerts about the change when the estimated time is reached. Later, you can set who can receive alerts — admins, project managers, or assignees.
Why is Clockify the best choice for business forecasting?
Clockify provides thorough time tracking and managing insights. This means that you can easily create data-driven predictions related to your business’s workload, profit, costs, and other metrics. ???
So, you can use all the data you get by simply tracking your team’s work hours for different purposes such as forecasting budgets, predicting workloads, allocating resources, and other important business decisions.
Furthermore, Clockify lets you schedule reports within the app. This ensures your team receives up-to-date information regarding work hours, team performance, or project costs at all times. In fact, you can schedule reports on a daily, weekly, or monthly basis.
Finally, you and your team can download reports in PDF, CSV, or Excel formats and easily share them with others.
Last but not least, feel free to contact the Clockify ?? support team if you have any questions about the app.