Features
Top Performing Features
Forecasting
Combining actuals and budgets, rolling forecasts, driver-based models.
Category average: 8.6
KPIs
Select from a library of more than 6,000 key performance indicators, and incorporate KPIs into your planning process.
Category average: 7.9
Key Performance Indicator setting
Ability to set key performance indicators for measuring progress towards goals.
Category average: 8.3
Long-term financial planning
3-5 year financial plan with cashflow.
Category average: 8.7
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
3-5 year financial plan with cashflow.
Category average: 8.7
Financial budgeting
Annual budget for revenue and operating expenses, headcount/compensation, capital expenses, projects, etc.
Category average: 8.9
Forecasting
Combining actuals and budgets, rolling forecasts, driver-based models.
Category average: 8.6
Scenario modeling
Financial or operational modeling of alternate future states and planning for each.
Category average: 8.3
Management reporting
Budget vs. actual or forecast, P&L’s, performance over time, between products etc.
Category average: 8.4
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.
Category average: 8.2
Multi-currency management
Ability to handle foreign currency conversions during consolidation.
Category average: 7.4
Minority Ownership
Consolidate financials full or partial ownership of subsidiaries, equity pick-up.
Category average: 7.3
Local and consolidated reporting
Ability to report against individual business entities and the consolidated umbrella entity.
Category average: 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
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
Automated board and financial reporting
Tools to help automate creation of regulatory reports such as SEC filings and board books.
Category average: 8.3
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.
Category average: 8.1
Color-coded scorecards
Track and analyze performances with interactive, color-coded balanced scorecards.
Category average: 8.3
KPIs
Select from a library of more than 6,000 key performance indicators, and incorporate KPIs into your planning process.
Category average: 7.9
Cost and profitability analysis
Cost and profitability analysis provides data for business decision making.
Category average: 8.4
Key Performance Indicator setting
Ability to set key performance indicators for measuring progress towards goals.
Category average: 8.3
Benchmarking with external data
CPI, daily exchange rates, industry KPIs. with scheduled data refreshes.
Category average: 7.6
Integration
Ability to integrate with external applications.
Flat file integration
Integration of flat files like text documents and comma separated files
Category average: 8.6
Excel data integration
Ability to integrate directly with Excel data.
Category average: 8.7
Direct links to 3rd-party data sources
Integration with external applications like ERP, CRM, HCM
Category average: 8.2