Castaway is a business forecasting, budgeting, and scenario planning platform built to help finance and executive teams model future outcomes, track performance, and support better decision-making.
Used by CFOs, advisors, and mid-sized enterprises, Castaway is designed to provide detailed 3-way financial forecasts across profit and loss, cash flow, and balance sheet metrics.
With flexibility to model scenarios, what-if assumptions, and business drivers in real time, Castaway supports more informed planning discussions across departments. Its Excel-like interface, built-in audit trails, and accounting integrations make it accessible to finance professionals without the complexity of enterprise BI tools.
This page outlines Castaway’s capabilities, ideal use cases, and how to evaluate whether it aligns with your enterprise planning needs.
Which organisations is Castaway best suited for?
- Mid-sized organisations needing forward-looking cash and profitability insights
- CFOs and finance teams building detailed, board-level forecasts
- Businesses with multi-entity structures or departmental budgets
- Accounting firms offering advisory services to clients
- Organisations replacing spreadsheet-heavy planning and budgeting models
Common Considerations:
- Not a full enterprise performance management (EPM) suite
- Less suitable for large, global organisations needing extensive integrations
- Limited collaboration or workflow functionality for cross-department planning
- May require training to fully unlock modelling potential
Common Opportunities:
- Purpose-built for financial forecasting and scenario planning
- Accessible for finance teams familiar with Excel-based workflows
- Enables fast modelling of business assumptions and what-if cases
- Integrates with key Australian accounting platforms
- Clear reporting and data structure support governance
Alternative Enterprise Platforms
- Workday Adaptive Planning – enterprise-grade financial planning with advanced modelling
- Jedox – flexible EPM platform with Excel-style interface and workflow automation
- Anaplan – powerful scenario modelling for large-scale operations
- Prophix – budgeting and forecasting for mid-sized finance teams
- Vena – spreadsheet-native planning platform with integrated controls
Relevant Guides
The SMC Advantage
Fiercely 100% Independent
No vendor commissions. No hidden agendas. Every recommendation is made in your best interest, not someone else’s.
Business Projects, Not Technology Projects
Technology is the enabler, not the objective. Every program is designed to deliver measurable business performance.
Preparation to Execution
A proven model that brings structure, accountability, and clarity from strategy through to delivery. We offer expert advice throughout, as well as hands-on, client-side consulting support to get you to go-live.