Available on Scale plans.
Feature overview
What
Estimate future project profitability based on your historical data. When enabled, TeamworkAI adds projected values to the profitability report chart, showing estimated revenue, costs, and profits for upcoming months.
Why
  • Spot potential trends early and take action.
  • Make profitability predictions based on past performance.
  • Identify high-cost areas and opportunities to optimize margins.
Who
  • Site admins (in the owner company) can view the profitability report and enable AI forecasting.
When
Review your profitability report monthly or quarterly to monitor financial performance, identify trends, and inform strategic planning.

Before you start

  • AI forecasting applies only to future periods within your selected date range.

How it works

TeamworkAI combines machine learning models and your site's historical profitability data to automatically generate projections for revenue, cost, and profit.

When AI forecasting is turned on, the profitability chart introduces a vertical dotted line to differentiate between your actual profitability data (to the left) and your forecasted data (to the right).

Enable AI forecasting

  1. Select Reports in Teamwork.com's main navigation menu.
  2. Scroll to and select Profitability from the reports gallery (or use search).
  3. Toggle on AI Forecast in the report's top right.

The chart refreshes to display forecasted values for future months in your selected range.
Screenshot of profitability report with forecasted values
Tip
If no forecast appears, check that your date range includes future months. AI forecasting only applies to periods ahead of the current date.

Forecast insights explained

Available data
Forecast model
Forecast trend lines (dotted)
Estimated future trajectory for revenue, cost, and profit.
Confidence range (shaded)
Represents the prediction's confidence range, giving you a sense of possible variability.
Data table
Continues to show actual data only. Forecast values only appear visually in the chart.

Forecast models

The system selects the forecasting approach based on how much profitability data is currently available in your report.

Available data
Forecast model
512+ days
TinyTimeMixer (TTM): Generates estimates based on historical averages and trends.
90–511 days
Prophet: A statistical model that handles trends and seasonality, even with moderate data sets.
Fewer than 90 days
Forecasting isn't available if there isn't enough historical data to produce a reliable estimate.

Keep in mind

  • Forecasts only use your site's historical data. They do not account for upcoming project plans or future scope changes.
  • For best results, keep your data accurate and up to date.
  • Forecasts are intended to guide planning and may vary as more data becomes available.

Privacy & data usage

AI forecasting in the profitability report follows the same privacy-first principles outlined in Teamwork's AI policy.
  • Your data is never shared with third-parties or used to train external models.
  • Forecasts are generated using only your own historical profitability data.
  • Predictions are created securely and privately using only your historical data.
  • Only users with profitability report access can view forecasted data.
  • You stay in control. AI forecasting is optional and can be toggled on or off at any time.

Best practices

  • Validate your data regularly: Ensure historical data (logged time, cost rates, billable rates) is accurate.
  • Educate your team: Make sure stakeholders understand what AI forecasting does (and doesn't).
  • Review forecasts in context: Pair predictions with known changes (ex. new hires, client churn, renewals). AI forecasting shows where you're headed; context explains why.