Flat file integration
Integration of flat files like text documents and comma separated files
Cat avg: 8.4
Top Performing Features
Long-term financial planning
3-5 year financial plan with cashflow.
Cat avg: 8.5
Excel-based Reporting
Ad hoc or formatted reports using MS Excel.
Cat avg: 8.2
Excel data integration
Ability to integrate directly with Excel data.
Cat avg: 8.5
Worst Performing Features
Management reporting
Budget vs. actual or forecast, P&L’s, performance over time, between products etc.
Cat avg: 8.2
Management Reporting
Tools facilitating creation of internal ad hoc or standard reports.
Cat avg: 8.5
XBRL support for regulatory filing
Support for the XBRL standard reporting format for exchanging financial data.
Cat avg: 7.1
Kepion Planning Features from Reviews
Budgeting, Planning, and Forecasting
These activities are designed to assist with both data-driven operational, short-term planning and strategic long term planning
7.9-6%
Long-term financial planning
3-5 year financial plan with cashflow.
Category average: 8.5
Financial budgeting
Annual budget for revenue and operating expenses, headcount/compensation, capital expenses, projects, etc.
Category average: 8.7
Forecasting
Combining actuals and budgets, rolling forecasts, driver-based models.
Category average: 8.5
Scenario modeling
Financial or operational modeling of alternate future states and planning for each.
Category average: 8
Management reporting
Budget vs. actual or forecast, P&L’s, performance over time, between products etc.
Category average: 8.2
Consolidation and Close
Consolidation of data from multiple entities with currency management, reporting and audit trails.
7.5-3%
Financial data consolidation
Consolidating data from several entities into a single statement using US GAAP, IFRS or other standards.
Category average: 8.1
Journal entries and reports
Ability to enter journal entry adjustments and produce reports showing all journal entries for a specific period.
Category average: 7.7
Multi-currency management
Ability to handle foreign currency conversions during consolidation.
Category average: 7.5
Intercompany Eliminations
Matching and elimination of intercompany revenue, expenses, and balance sheet accounts.
Category average: 7.9
Minority Ownership
Consolidate financials full or partial ownership of subsidiaries, equity pick-up.
Category average: 7.4
Local and consolidated reporting
Ability to report against individual business entities and the consolidated umbrella entity.
Category average: 7.8
Detailed Audit Trails
Tracing changes to data and processes that were run.
Category average: 8.2
Financial Reporting and Compliance
Financial statements and regulatory filings
7.0-15%
Financial Statement Reporting
Creation and production of balance sheets, income statements, cash flows, other schedules
Category average: 8.6
Management Reporting
Tools facilitating creation of internal ad hoc or standard reports.
Category average: 8.5
Excel-based Reporting
Ad hoc or formatted reports using MS Excel.
Category average: 8.2
Automated board and financial reporting
Tools to help automate creation of regulatory reports such as SEC filings and board books.
Category average: 8
XBRL support for regulatory filing
Support for the XBRL standard reporting format for exchanging financial data.
Category average: 7.1
Analytics and Reporting
Dashboards and scorecards for KPI monitoring and benchmarking
6.6-18%
Personalized dashboards
Create custom dashboards and reports without the help of IT or administrators.
Category average: 8
Color-coded scorecards
Track and analyze performances with interactive, color-coded balanced scorecards.
Category average: 8.1
KPIs
Select from a library of more than 6,000 key performance indicators, and incorporate KPIs into your planning process.
Category average: 7.8
Cost and profitability analysis
Cost and profitability analysis provides data for business decision making.
Category average: 8.2
Key Performance Indicator setting
Ability to set key performance indicators for measuring progress towards goals.
Category average: 8.2
Benchmarking with external data
CPI, daily exchange rates, industry KPIs. with scheduled data refreshes.
Category average: 7.7
Integration
Ability to integrate with external applications.
8.9+7%
Flat file integration
Integration of flat files like text documents and comma separated files
Category average: 8.4
Excel data integration
Ability to integrate directly with Excel data.
Category average: 8.5
Direct links to 3rd-party data sources
Integration with external applications like ERP, CRM, HCM
Category average: 8.1
Kepion Planning Features from the Vendor
Budgeting, Planning, and Forecasting
Vendor-reviewedLong-term financial planning
3-5 year financial plan with cashflow.
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
Vendor-reviewedFinancial 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
Vendor-reviewedFinancial 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
Vendor-reviewedPersonalized 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
Vendor-reviewedFlat 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
Mobile Capabilities
Vendor-reviewedDashboard / Report / Visualization Interactivity on Mobile
In-app dashboard reports and data visualization.