Name: Finario
Author: Finario

Help Desk

Web and Video Conferencing

Customer Support

AI Code Generation

Accessibility Testing

Development

Classroom Management

Virtual Classroom

Education

Business Intelligence (BI)

Collaboration

Data Extraction

Emissions Management

Integrated Workplace Management (IWMS)

Intellectual Property (IP) Management

Risk Management

Enterprise

Accounting

Digital Banking

Nonprofit Accounting

Treasury Management

Finance and Accounting

Applicant Tracking

Corporate Learning Management

HR Management

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

3D Printing

Authorization

Cloud Storage

Configuration Management

Data Collaboration

Fraud Detection

Game Engine

IP Address Management (IPAM)

Integration Platform as a Service (iPaaS)

IoT Security

LAN Switches

License Management

Network Performance Monitoring

Network Security

Open-Source Database

Operating Systems

SOA Governance

Service Desk Outsourcing

Single Sign-On

Vendor Risk Management

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Appointment Scheduling

Audience Intelligence

Content Experience

Content Management

Customer Journey Mapping

Email Marketing

Influencer Marketing

Market Research

Marketing Automation

Social Media Management

Survey & Forms Building

Text to Speech

Video

Video Marketing

Web Analytics

Marketing

Meeting Room Booking

Project Management

Professional Services

Customer Relationship Management (CRM)

Sales Performance Management

Social Commerce

Sales

Virtualization Security

Security

Agriculture

Banking

Donor Management

Equipment Rental

Rental Property Management

Vertical-Specific

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### Project Approval and Workflow
Users appreciate the ease of configuration and maintenance of Finario's project approval and workflow tool. The platform's ability to accommodate complex organizational structures with varying approval processes and thresholds while providing standardized templates for project evaluation and monitoring is highly valued. Additionally, reviewers highlight the stability and flexibility of Finario's workflow solution, particularly in managing users across multiple countries efficiently.

### Progress Monitoring and Control
Reviewers consistently highlight Finario's progress monitoring and control as a key strength, emphasizing its effectiveness in enhancing project financials, ROI modeling, risk management, and overall project performance tracking. While some users express a desire for improved reporting features, the general sentiment leans towards positive recognition of Finario's progress monitoring and control capabilities.

### Capital Expenditure Management
Users consistently highlight Finario's capital expenditure management as a standout feature, praising its ability to streamline long-term planning, capital budgeting, and spend analysis. The tool's capacity for ROI modeling, risk management, and progress monitoring is also commended. Additionally, users appreciate the platform's transparency, ease of implementation, and real-time approval capabilities, which have significantly improved their capital expenditure processes. The application's user-friendly interface and API capacity for interfacing with other systems further enhance its appeal for companies managing capex across multiple countries.

### Budgeting and Forecasting
Users consistently praise Finario for its robust budgeting and forecasting capabilities. They appreciate the tool's ability to facilitate long-term planning, capital budgeting, cash flow projections, and spend analysis. Reviewers highlight the ease of managing capital plans, requesting project funding, and transitioning from manual processes to a streamlined workflow system. The platform's feature-rich functionality allows for accurate forecasting, enabling users to estimate future project costs based on historical data. Finario's budgeting and forecasting tools are regarded as essential components for effective financial planning and decision-making within organizations.

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.

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.

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.

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Vena Solutions provides a financial process automation solution to automate Corporate Performance Management, accounting and budgeting, Regulatory & Compliance, and other finance-related processes. It is scaled for medium to large-sized organizations.

Professional

Complete

Finario

Corporate Performance Management (CPM) software provides a unified platform for strategic and financial planning. They are able to integrate budgeting, forecasting, and reporting with analytics to drive data-informed decisions. CPM solutions also help organizations optimize performance by linking operational and financial data. Explore user reviews and comparisons to find the best CPM software for your business objectives.

Corporate Performance Management (CPM)

Personalized homepage for all Finario users.

Finario is the first financial planning system purpose-built for Capex. Our cloud-based solution unifies capital budgeting &amp; project forecasting with approval workflow to deliver financial reporting automation across the investment life-cycle. In today’s fast-paced global economy, the world’s leading enterprises rely on Finario to ensure capital reporting accuracy, generate valuable project &amp; portfolio insights and accelerate decision making.

Budgeting, Planning, and Forecasting

These activities are designed to assist with both data-driven operational, short-term planning and strategic long term planning

Long-term financial planning

Financial budgeting

Annual budget for revenue and operating expenses, headcount/compensation, capital expenses, projects, etc.

Forecasting

Combining actuals and budgets, rolling forecasts, driver-based models.

Scenario modeling

Financial or operational modeling of alternate future states and planning for each.

Management reporting

Budget vs. actual or forecast, P&L’s, performance over time, between products etc.

Consolidation and Close

Consolidation of data from multiple entities with currency management, reporting and audit trails.

Financial data consolidation

Consolidating data from several entities into a single statement using US GAAP, IFRS or other standards.

Journal entries and reports

Ability to enter journal entry adjustments and produce reports showing all journal entries for a specific period.

Multi-currency management

Ability to handle foreign currency conversions during consolidation.

Intercompany Eliminations

Matching and elimination of intercompany revenue, expenses, and balance sheet accounts.

Minority Ownership

Consolidate financials full or partial ownership of subsidiaries, equity pick-up.

Local and consolidated reporting

Ability to report against individual business entities and the consolidated umbrella entity.

Detailed Audit Trails

Tracing changes to data and processes that were run.

Financial Reporting and Compliance

Financial statements and regulatory filings

Financial Statement Reporting

Creation and production of balance sheets, income statements, cash flows, other schedules

Management Reporting

Tools facilitating creation of internal ad hoc or standard reports.

Excel-based Reporting

Ad hoc or formatted reports using MS Excel.

Automated board and financial reporting

Tools to help automate creation of regulatory reports such as SEC filings and board books.

XBRL support for regulatory filing

Support for the XBRL standard reporting format for exchanging financial data.

Analytics and Reporting

Dashboards and scorecards for KPI monitoring and benchmarking

Personalized dashboards

Create custom dashboards and reports without the help of IT or administrators.

Color-coded scorecards

Track and analyze performances with interactive, color-coded balanced scorecards.

KPIs

Select from a library of more than 6,000 key performance indicators, and incorporate KPIs into your planning process.

Cost and profitability analysis

Cost and profitability analysis provides data for business decision making.

Key Performance Indicator setting

Ability to set key performance indicators for measuring progress towards goals.

Benchmarking with external data

CPI, daily exchange rates, industry KPIs. with scheduled data refreshes.

Integration

Ability to integrate with external applications.

Flat file integration

Integration of flat files like text documents and comma separated files

Excel data integration

Ability to integrate directly with Excel data.

Direct links to 3rd-party data sources

Integration with external applications like ERP, CRM, HCM

BI Standard Reporting

Standard reporting means pre-built or canned reports available to users without having to create them.

Pixel Perfect reports

Pixel Perfect reports are highly-formatted reports with graphics and ability to preview the report before printing.

Customizable dashboards

Customizable dashboards are dashboards providing the builder some degree of control over the look and feel and display options.

Report Formatting Templates

Ad-hoc Reporting

Ad-Hoc Reports are reports built by the user to meet highly specific requirements.

Drill-down analysis

Drill down analysis is the ability to get to a further level of detail by going deeper into the hierarchy.

Formatting capabilities

Ability to format output e.g. conditional formatting, lines, headers, footers.

Predictive modeling

Predictive modeling is the ability to build future forecasting models.

Integration with R or other statistical packages

Integration with the open-source R predictive modeling environment.

Report sharing and collaboration

Report sharing and collaboration is the ability to easily share reports with others.

Finario

Overview

What is Finario?