Clockwork

Clockwork is a financial planning and analysis (FP&A) software designed to assist businesses in managing their finances, making strategic decisions, and planning for the future. According to the vendor, Clockwork is suitable for small and medium-sized enterprises (SMEs) as well as accounting firms. The software is utilized by professionals and industries such as accounting firms, entrepreneurs, advisors, CPA firms, and SMEs to streamline their financial planning and analysis processes.

Key Features

According to the vendor, Clockwork offers a financial command center that provides a centralized dashboard for tracking and monitoring key financial information and metrics. Users can make informed decisions and plan for the future based on the data presented.

The software includes a weekly cash flow forecast feature that provides a year-long view of cash flow, broken down by week. This allows businesses to understand their cash runway and plan for potential cash flow challenges, helping them proactively manage their finances.

Clockwork allows businesses to track and manage their financial metrics, including revenue, customer acquisition cost (CAC), runway, burn rate, and other key performance indicators (KPIs). Users can customize and automate their financial metrics to gain a comprehensive understanding of their financial performance.

According to the vendor, Clockwork's Scenario Writer feature enables businesses to plan for different scenarios by creating various "what if" situations. This helps businesses make informed decisions and prepare for potential changes in the business environment.

The software also provides a comprehensive financial modeling feature that allows businesses to create accurate and customizable financial models. Users can build intelligent financial models that automatically update and scale with their business, aiding in accurate growth planning, revenue and expense forecasting, and strategic decision-making.