Rapidstart

Rapidstart is a budgeting and planning software designed for small and medium-sized businesses. According to the vendor, this solution caters to finance and accounting professionals, business owners, financial analysts, and professional services firms. Rapidstart offers a range of features that aim to facilitate budget creation and management, generate accurate financial projections, streamline workflows, and support informed decision-making.

Key Features

Annual Budgets: According to the vendor, users can create and manage annual budgets, track budgeted amounts for various expense categories, and benefit from a centralized platform for budget planning and monitoring.

Chart of Accounts (up to 300): The software allows users to define and manage a chart of accounts with up to 300 accounts, enabling accurate categorization of financial transactions and efficient organization and tracking of financial data.

Profit & Loss Projection: According to the vendor, users can project and analyze profit and loss statements by inputting revenue and expense data, generating reports that aid in forecasting and decision-making.

Cash Flow Projection: Users can create cash flow projections by inputting cash inflows and outflows, helping them manage cash flow effectively and gain a deeper understanding of their business's financial health, as per the vendor.

Workflow: The software provides workflow functionality that allows users to define approval workflows, assign roles and responsibilities, and ensure a structured and efficient budgeting process, according to the vendor.

Multiple Entity Support (up to 5): Rapidstart supports the management of budgets and financial data for up to 5 different entities, making it suitable for businesses with multiple subsidiaries or divisions, the vendor claims.

Payroll Module: Users can easily manage employee compensation by inputting payroll data, calculating wages, and generating comprehensive payroll reports for accurate tracking and analysis, according to the vendor.

Multi-Currency: The software supports multiple currencies, allowing users to input and track financial data in different currencies for seamless financial reporting and analysis, as per the vendor.

Project Creation (up to 2): Rapidstart enables users to create and manage projects within the software, assign budgets, and track project-specific financial data to effectively manage project-based budgets, according to the vendor.

Monthly Rolling Forecast: Users can create rolling forecasts, updating and adjusting them on a monthly basis to adapt to changing business conditions and improve accuracy, as stated by the vendor.