See how Forecast quickly got on board with Pento payroll for their new UK team.
Forecast is a fast growing company that is rapidly expanding into the UK market. At the start of 2020 they needed to find a scalable and modern way to pay their new UK team. Finance director Amjad Khan has heard about Pento while at his previous company and turned to us with the following challenges:
Amjad Khan, Forecast’s Finance Director: “I’ve heard about Pento before, but had never used it. When we were entering the UK market I quickly needed a solution to support our payroll process and Pento came to mind. My main objective was to find a reliable partner that can support our growth and enable my team to focus on important tasks - instead of doing menial and error-prone things like constantly exchanging multiple spreadsheets with an external payroll provider.”
Founded in late 2016, Forecast is an AI-powered professional services automation platform that automates manual project and resource management tasks, and brings extra visibility and predictive capabilities to professional services management. Forecast increases collaboration across teams with a better workflow and improved planning.
Forecast has raised more than $10 million to date and has helped hundreds of customers manage more than 40,000 projects.
Once Forecast has transferred the initial employee data, Pento’s team imported it all to the platform. This means that everything was ready for Forecast to get started once they logged on to the platform and there was no manual entry needed. All they had to do was connect to HMRC and the pension provider and they were ready to run UK payroll the very next day.
Here’s the parts of Pento’s solution that are the most valuable for Forecast:
Forecast has been running Pento for the past couple of months while quickly scaling their UK team. Here’s the most important results for them:
Amjad Khan, Forecast’s Finance Director added: “We’ve been very satisfied with Pento so far. Even when we’ve encountered an issue that we couldn’t figure out, their team was always extremely quick to help. We also see that the platform is developing very quickly - basically every payroll there are some new functionalities that make it easier to run the whole process. I can recommend it to all UK scale-ups and I can’t imagine running payroll any other way - it’s how payroll should be.”
Pento is currently also working on several enhancements that will make it even easier for Forecast to scale their UK team: integration with Quickbooks accounting, integration with their HR system (BambooHR) and enhancements to the user experience that will make it easier to get the overview over a big amount of employees.