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Catalyst, by EBM Software

Catalyst, by EBM Software

Overview

What is Catalyst, by EBM Software?

Catalyst from EBM Software in Minneapolis is a cloud-based business performance application suite, designed to provide an environment and workflow for understanding business profitability.

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Pricing

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What is Catalyst, by EBM Software?

Catalyst from EBM Software in Minneapolis is a cloud-based business performance application suite, designed to provide an environment and workflow for understanding business profitability.

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  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Product Details

What is Catalyst, by EBM Software?

Catalyst is a cloud-based business performance software designed to accelerate profitability and simplify reporting, planning, budgeting and forecasting.

Catalyst allows users to slice, dice, drill down and pivot granular data instantaneously, to get a complete picture of a business, find anomalies, draw fully-baked insights and make fact-based decisions that positively impact the business.

Users can analyze and create reporting for any data source, from financials to big data, as well as find and understand anomalies. Catalyst brings data into one clear view with a simple app-like interface that serves as a single source of truth and democratizes data for the organization.

Catalyst is designed to provide a complete view of the business and clarity for the path forward.

Catalyst, by EBM Software Features

Budgeting, Planning, and Forecasting Features

  • Supported: Long-term financial planning
  • Supported: Financial budgeting
  • Supported: Forecasting
  • Supported: Scenario modeling
  • Supported: Management reporting

Consolidation and Close Features

  • Supported: Financial data consolidation
  • Supported: Journal entries and reports
  • Supported: Multi-currency management
  • Supported: Intercompany Eliminations
  • Supported: Minority Ownership
  • Supported: Local and consolidated reporting

Financial Reporting and Compliance Features

  • Supported: Financial Statement Reporting
  • Supported: Management Reporting
  • Supported: Excel-based Reporting
  • Supported: Automated board and financial reporting

Analytics and Reporting Features

  • Supported: Personalized dashboards
  • Supported: Color-coded scorecards
  • Supported: KPIs
  • Supported: Cost and profitability analysis
  • Supported: Key Performance Indicator setting
  • Supported: Benchmarking with external data

Integration Features

  • Supported: Flat file integration
  • Supported: Excel data integration
  • Supported: Direct links to 3rd-party data sources

BI Standard Reporting Features

  • Supported: Customizable dashboards
  • Supported: Report Formatting Templates

Ad-hoc Reporting Features

  • Supported: Drill-down analysis
  • Supported: Formatting capabilities
  • Supported: Predictive modeling
  • Supported: Report sharing and collaboration

Report Output and Scheduling Features

  • Supported: Publish to PDF
  • Supported: Report Delivery Scheduling

Data Discovery and Visualization Features

  • Supported: Pre-built visualization formats (heatmaps, scatter plots etc.)
  • Supported: Location Analytics / Geographic Visualization
  • Supported: Predictive Analytics

Access Control and Security Features

  • Supported: Multi-User Support (named login)
  • Supported: Role-Based Security Model
  • Supported: Multiple Access Permission Levels (Create, Read, Delete)
  • Supported: Report-Level Access Control

Mobile Capabilities Features

  • Supported: Responsive Design for Web Access
  • Supported: Dashboard / Report / Visualization Interactivity on Mobile

Catalyst, by EBM Software Video

3 Minute Introduction on Catalyst by EBM Software

Catalyst, by EBM Software Competitors

Catalyst, by EBM Software Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationNo
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Reviews and Ratings

(3)

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

Businesses have reported using Catalyst to consolidate large amounts of data from multiple ERPs consistently, resulting in improved efficiency and accuracy. The Profit Cube and Financial Cube have proven to be excellent tools for understanding accurate and timely customer/item margins and creating EBITDA bridges down to the customer/item level. With the integration of PowerBI, users have gained valuable visibility into the largest drivers of margins and costs, enabling faster and more accurate business decisions based on company data. This has allowed users to zoom in and out of data quickly and efficiently, leading to a better understanding of customer/item margin and identification of pricing issues/opportunities. The software has also elevated sales forces to mini-CEOs for their customer sets by providing margin as the lens for evaluating business performance.

Users have found Catalyst helpful in creating self-service reports on progress versus plan and previous year. It has been extensively used for financial reporting, data analysis, summarization of data, profitability analysis, sales reporting, inventory management, building out an analytical S&OP process, financial statement review, budget to actual analysis, reviewing forecasts and budgets. The software's ability to quickly see macro data and drill down to the smallest level aligns well with users' hierarchies, ultimately resulting in a better understanding of business performance and improved forecasting capabilities. Furthermore, Catalyst has been commended for its role in creating one version of the truth, increasing visibility and transparency of sales and finance numbers. Monthly reporting has become quicker with Catalyst, allowing more time for analysis. Users have also leveraged the software for quick analyses and pivots between various P&L scenarios and products through customizable upload processes.

In addition to financial insights, Catalyst's profitability cube has been particularly useful in providing accurate customer/item margins and driving SKU rationalization projects. By aligning item and customer hierarchies across multiple ERPs for consolidated case volume planning, Catalyst has simplified demand planning processes. Users have also found the software helpful in simplifying financial reporting and gaining better insights into margins. It has been successfully used to track invoices, manage payment status, avoid duplicate payments, and integrate with billing software for streamlined note-taking in a clinical setting.

Simplicity and Ease of Use: Users have praised Catalyst for its simplicity and ease of use, with several reviewers mentioning that it allows different functions in an organization to easily share data and have one source of truth. This eliminates the need for multiple data sources in various spreadsheets, streamlining data management processes.

Excel-based User Interface: Many users appreciate that Catalyst's user interface is in Excel, making it familiar and easy to use for business users already familiar with Excel pivot tables. This eliminates the learning curve for those users, allowing them to quickly adapt to the system and leverage their existing Excel skills.

Easy Permissions Management: Reviewers have mentioned that managing permissions in Catalyst is easy, with some expressing appreciation for the functionality to impersonate different users. This makes it convenient for administrators to control access and allows users to work with different roles as needed.

Long Wait Times for Hierarchy Updates: Some users have experienced longer wait times, causing delays in accessing and analyzing data, especially when updates are made to hierarchies. This can significantly impact productivity and decision-making processes.

Unintuitive Data Points in EBM Export: Certain data points in the EBM export have been found by some users to be unintuitive, making it difficult to interpret and analyze the exported data effectively. This can lead to confusion and potential errors in data analysis.

Catalyst Requires a Lot of Knowledge and Time-Consuming: Catalyst has been described as time-consuming and requiring a significant amount of knowledge to work with, especially when it comes to understanding its logic and naming conventions. Users may need extensive training or expertise to fully utilize Catalyst's features efficiently.

Reviews

(1-2 of 2)
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Catalyst - the next software your company should purchase!

Rating: 8 out of 10
April 22, 2021
MA
Vetted Review
Verified User
Catalyst, by EBM Software
2 years of experience
[Catalyst, by EBM Software] is being used to track invoices from our vendors. It is very helpful in knowing what invoices we have to be paid and when they are due as well as their payment status. [Catalyst, by EBM Software] is being used mainly by our AP department to keep track of these invoices. It addresses the problem of duplicate payments on an invoice and making timely payments to vendors.
  • Managing invoice duplication - this allows us to know when we have multiples of the same invoice in the system so that we do not pay the invoice twice.
  • Managing invoice status - lets us know if a invoice has been approved in the system or is still out for approval on the approvers que and also if it has been paid or is still pending payment.
  • Creating a new vendor - the system allows and alerts us that there is a new vendor that we have not paid before and lets us set it up so that new vendor can get paid in a timely manner.
[Catalyst, by EBM Software] is well suited to track invoices from vendors to get them paid on time to avoid late fees. [Catalyst, by EBM Software] is less appropriate when paying vendor because that is not a function they currently have. If the system was an all in one system that could track and pay your invoices it would be an amazing software.
Budgeting, Planning, and Forecasting (5)
80%
8.0
Long-term financial planning
70%
7.0
Financial budgeting
80%
8.0
Forecasting
80%
8.0
Scenario modeling
80%
8.0
Management reporting
90%
9.0
Consolidation and Close (6)
71.66666666666667%
7.2
Financial data consolidation
90%
9.0
Journal entries and reports
80%
8.0
Multi-currency management
60%
6.0
Intercompany Eliminations
50%
5.0
Minority Ownership
70%
7.0
Local and consolidated reporting
80%
8.0
Financial Reporting and Compliance (4)
80%
8.0
Financial Statement Reporting
80%
8.0
Management Reporting
90%
9.0
Excel-based Reporting
70%
7.0
Automated board and financial reporting
80%
8.0
Analytics and Reporting (6)
71.66666666666667%
7.2
Personalized dashboards
70%
7.0
Color-coded scorecards
60%
6.0
KPIs
70%
7.0
Cost and profitability analysis
80%
8.0
Key Performance Indicator setting
80%
8.0
Benchmarking with external data
70%
7.0
Integration (3)
73.33333333333333%
7.3
Flat file integration
80%
8.0
Excel data integration
70%
7.0
Direct links to 3rd-party data sources
70%
7.0
BI Standard Reporting (2)
70%
7.0
Customizable dashboards
70%
7.0
Report Formatting Templates
70%
7.0
Ad-hoc Reporting (3)
76.66666666666667%
7.7
Drill-down analysis
70%
7.0
Formatting capabilities
80%
8.0
Report sharing and collaboration
80%
8.0
Report Output and Scheduling (2)
80%
8.0
Publish to PDF
80%
8.0
Report Delivery Scheduling
80%
8.0
Data Discovery and Visualization (3)
76.66666666666667%
7.7
Pre-built visualization formats (heatmaps, scatter plots etc.)
80%
8.0
Location Analytics / Geographic Visualization
70%
7.0
Predictive Analytics
80%
8.0
Access Control and Security (3)
80%
8.0
Multi-User Support (named login)
80%
8.0
Role-Based Security Model
80%
8.0
Multiple Access Permission Levels (Create, Read, Delete)
80%
8.0
Mobile Capabilities (2)
80%
8.0
Responsive Design for Web Access
80%
8.0
Dashboard / Report / Visualization Interactivity on Mobile
80%
8.0
  • Helps to keep our vendors happy
  • Helps to keep our systems updated
  • Helps to manage our expenses
[Catalyst, by EBM Software] is a very easy system to use and is very user friendly. It gives you different ways of researching an invoice and not just one. Catalyst also helps to allow us to research an invoice within seconds and eliminates a lengthy and confusing process. It is a great software for first time users to learn quickly and efficiently.
The software is easy to use and very user friendly. It is very easy to adapt to this software and to learn the ins and outs of it. From running reports to managing vendor invoices the software is exceptional. The ease of access and compatibility is a great addition to our team.
The support for Catalyst is great and they are usually within the 48 hour response time. There could be a little quicker upload time for invoices that are submitted. They usually show up until the next day on the system and sometimes gives us a stress on time. Overall, the support is quite good.

Catalyst is either really good at working or really good at pissing people off.

Rating: 7 out of 10
September 07, 2020
Verified User
Vetted Review
Verified User
Catalyst, by EBM Software
2 years of experience
Catalyst is used by our clinical team to perform charting in an ABA setting. It integrates well with AccuPoint billing software to streamline our note taking for insurance purposes.
  • The GUI is easy to navigate on the iPad mini, which we use for charting.
  • The options are simple so there is very little room for mistakes.
  • Charting is easy and the setup allows for necessary fields that must be completed so charting stays uniform.
Catalyst works well, when it works and is very well suited for an ABA environment. But the app development process and the continual list of bug fixes that are never-ending makes this product very hard to recommend.
Budgeting, Planning, and Forecasting (1)
80%
8.0
Management reporting
80%
8.0
Consolidation and Close
N/A
N/A
Financial Reporting and Compliance
N/A
N/A
Analytics and Reporting (1)
80%
8.0
Personalized dashboards
80%
8.0
Integration (2)
80%
8.0
Excel data integration
80%
8.0
Direct links to 3rd-party data sources
80%
8.0
BI Standard Reporting (2)
80%
8.0
Customizable dashboards
80%
8.0
Report Formatting Templates
80%
8.0
Ad-hoc Reporting (3)
80%
8.0
Drill-down analysis
80%
8.0
Formatting capabilities
80%
8.0
Report sharing and collaboration
80%
8.0
Report Output and Scheduling (1)
70%
7.0
Publish to PDF
70%
7.0
Data Discovery and Visualization
N/A
N/A
Access Control and Security (3)
80%
8.0
Multi-User Support (named login)
80%
8.0
Role-Based Security Model
80%
8.0
Multiple Access Permission Levels (Create, Read, Delete)
80%
8.0
Mobile Capabilities (2)
80%
8.0
Responsive Design for Web Access
80%
8.0
Dashboard / Report / Visualization Interactivity on Mobile
80%
8.0
  • Catalyst is better than pencil and paper data analysis. But the app can be very frustrating when it's not working the way it did last week.
  • The GUI is very simple. Sometimes too simple, like there is no way to go back in and edit SOAP note options.
  • New feature roll-outs are mandatory. I understand that no one would opt in to being the guinea pig, but it would be nice if you weren't the first user to try it.
  • The integration with billing software has streamlined the billing notes and saved us money over having two separate systems.
Well.... when it works... it's good. When it doesn't it is very frustrating for our staff.
Very rarely has support had something insightful to share as a solution. Maybe that is because the system is so simplistic there are no settings to go wrong. Tech support conversations frequently go like this: What are the OS, Catalyst version, and device that you are using it on? Have you turned it off and back on again? Uhh...we will get back to you in a few days.
Yes
I've never had a problem satisfactorily resolved by Catalyst support. Most of the time, they decide the bug isn't important. (Yes, they really do that.) Or the rest of the time it's a known issue that they are working on.
No, unfortunately, I cant.
  • When Catalyst doesn't crash, charting is easy to do, which is the important part.
Yes
All of our charting is through the mobile interface, which is really good. Sometimes it's really good at working. Sometimes it's really good at pissing everyone off when it crashes. For example, the app frequently crashes on our Speech Therapist. Because of a bug in the system, she can only load two clients at a time in the mobile interface. She works with 20+ clients. These crashes take important time out of her day and leave her very frustrated when it occurs.
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