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Businesses have reported using Catalyst to consolidate large amounts of data from multiple ERPs consistently, resulting in improved …
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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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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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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 Integrations
Catalyst, by EBM Software Competitors
Catalyst, by EBM Software Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | No |
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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!
- Business Problems Solved
- Pros
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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.
Attribute Ratings
Reviews
(1-1 of 1)Companies can't remove reviews or game the system. Here's why
[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.
- The browser closes unexpectedly at times when refreshing the page and you get logged out
- The incorrect vendor is chosen by Catalyst a few times
- The Catalyst file is occasionally not placed on time in the folder
80%
8.0
71.66666666666667%
7.2
80%
8.0
71.66666666666667%
7.2
73.33333333333333%
7.3
70%
7.0
76.66666666666667%
7.7
80%
8.0
76.66666666666667%
7.7
80%
8.0
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.