Overview
What is Finario?
Finario provides a cloud-based solution to unify capital planning and establish a single source of truth across the investment lifecycle. The vendor says enterprises use Finario to improve Capex reporting, accelerate decision making and deploy capital strategically to gain an…
Pricing
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Would you like us to let the vendor know that you want pricing?
3 people also want pricing
Alternatives Pricing
Product Details
- About
- Competitors
- Tech Details
What is Finario?
Finario provides a cloud-based solution to unify capital planning and establish a single source of truth across the investment lifecycle. The vendor says enterprises use Finario to improve Capex reporting, accelerate decision making and deploy capital strategically to gain an edge in today’s rapidly evolving global marketplace.
Finario is used by prominent companies around the world across an array of industries, including real estate, manufacturing, mining, consumer products, food & beverage, retail, healthcare, transportation and more. The vendor says Finance and Accounting professionals, as well as those in IT, Operations and Engineering benefit from Finario’s powerful capital project collaboration and communication capabilities.
Finario Features
Budgeting, Planning, and Forecasting Features
- Supported: Long-term financial planning
- Supported: Financial budgeting
- Supported: Forecasting
- Supported: Scenario modeling
Consolidation and Close Features
- Supported: Financial data consolidation
- Supported: Multi-currency management
- Supported: Local and consolidated reporting
- Supported: Detailed Audit Trails
Financial Reporting and Compliance Features
- Supported: Financial Statement Reporting
Analytics and Reporting Features
- Supported: Personalized dashboards
- Supported: KPIs
Integration Features
- Supported: Direct links to 3rd-party data sources
Ad-hoc Reporting Features
- Supported: Drill-down analysis
- Supported: Formatting capabilities
- Supported: Report sharing and collaboration
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: Single Sign-On (SSO)
Mobile Capabilities Features
- Supported: Responsive Design for Web Access
- Supported: Dashboard / Report / Visualization Interactivity on Mobile
Finario Screenshots
Finario Competitors
Finario Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
---|---|
Operating Systems | Unspecified |
Mobile Application | No |
Comparisons
Compare with
Reviews
Community Insights
- Business Problems Solved
- Pros
- Cons
Finario is a versatile tool that caters to various use cases, making it a valuable asset for organizations. With its centralized platform, it offers seamless project budget planning and capital investment planning. Users appreciate its ability to provide financial performance analysis and reporting, aiding in long-term planning, capital budgeting, capex approvals, and progress monitoring. The application also streamlines the transition from paper-based processes to a more efficient workflow system. Furthermore, it enables annual and 5-year plan budgeting processes, allowing the finance team to access forecast data and manage the capital plan effectively.
One of Finario's standout features is its support for estimation of future projects based on past projects, which greatly assists in making informed business decisions. Its efficiency extends to project funding requests for project managers as well, simplifying the process. The tool proves beneficial across countries, as it facilitates capex management with ease of configuration appreciated by IT departments. Moreover, Finario offers API capacity for interfacing with other applications like ERP systems, ensuring smooth integration into existing workflows.
The Finario team receives positive feedback for their professional, attentive, and supportive approach. It is acknowledged for delivering a user-friendly application that serves companies well in managing capex across multiple countries. While users express overall satisfaction with the product's efficiency and implementation process, there is a desire for further exploration of features to maximize its potential. Nonetheless, Finario meets the needs of organizations by providing a comprehensive solution for capex management while offering room for improvement based on customer feedback.
Easy to Use: Many users have found the tool easy to use and navigate, even without in-depth training. They appreciate its user-friendly interface, which allows for efficient functions such as project creation, spend loading, and business project reporting.
Excellent Customer Support: Users greatly appreciate the support provided by the Finario team. They find it helpful and responsive, with quick assistance for any questions or issues that arise. This level of customer support enhances their overall experience with the tool.
Comprehensive Project Management Features: The tool is highly valued by users for its extensive range of project management features. It allows them to capture project details, estimate costs and resources, manage portfolios and resource budgets, track actuals, analyze spending, model ROI, and monitor progress effectively. Users also find it useful for long-term planning, capital budgeting, capex approvals, risk management, and investment planning.
Complex Platform: Some users have found the platform to be complex, especially for beginners who are trying to understand how to invest capital. They feel that the learning curve is steep and that more intuitive features or step-by-step tutorials would be helpful. Limited Reporting Features: Users have expressed their dissatisfaction with the reporting feature, stating that it lacks flexibility and customization options. Many reviewers mentioned the need for fully customizable reports with any project data point, as they currently feel restricted by the limited options available. Limited Financial Analysis: Several users have criticized the detailed financial analysis provided by the platform. They find the ROI calculations and forecasting to be manual and rigid, which limits their ability to accurately assess investment opportunities. Additionally, reviewers mentioned that depreciation features are limited and forecasting is time-consuming due to a lack of automation. Lack of Responsiveness on Different Devices: Some users have reported that not all pages within the platform are responsive to different screen sizes, particularly on phones and tablets. This can make it difficult for them to access certain functionalities or view information properly when using these devices. Need for More Customization in Report Building: A common concern among users is the desire for more customization options when building reports. They feel that the current process requires extracting all data and manipulating it in external tools like Excel, which adds extra effort and time. Reviewers expressed a preference for a drag-and-drop approach or additional built-in customization features within the platform itself.