Excellent consolidation tool
June 09, 2022

Excellent consolidation tool

Rebecca Chapman, CPA | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Cube Planning

We primarily utilize Cube Planning to consolidate multiple instances of QuickBooks Online, which reduces our month-end close timeline and ensures accuracy in our financial reporting. The tool also allows us to more easily perform financial analysis (primarily BVA), and our team loves that we can run standardized, formatted reporting quickly.

Pros

  • Financial consolidation
  • Financial anlysis
  • Customer support

Cons

  • We can customize the format of our reporting, but not yet the format of data drills.
  • We find the tool much more user friendly for P&Ls (vs. Balance Sheet and Cash Flow).
  • Consolidation
  • FP&A
  • Decreased time to month-end close
  • Enabled BVA analysis
N/A

Do you think Cube delivers good value for the price?

Yes

Are you happy with Cube's feature set?

Yes

Did Cube live up to sales and marketing promises?

Yes

Did implementation of Cube go as expected?

Yes

Would you buy Cube again?

Yes

I have only used Cube Planning on QuickBooks Online, and I highly recommend the tool if you have multiple instances (i.e. legal entities) for consolidation. It is also quite helpful as our FP&A and accounting teams work closely in performing BVA analysis.

Cube Feature Ratings

9.0
Long-term financial planning
Not Rated
Financial budgeting
Not Rated
Forecasting
8
Scenario modeling
Not Rated
Management reporting
10
10.0
Financial data consolidation
10
Journal entries and reports
Not Rated
Multi-currency management
Not Rated
Intercompany Eliminations
10
Minority Ownership
Not Rated
Local and consolidated reporting
10
Detailed Audit Trails
10
10.0
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
Not Rated
XBRL support for regulatory filing
Not Rated
Not Rated
Personalized dashboards
Not Rated
Color-coded scorecards
Not Rated
KPIs
Not Rated
Cost and profitability analysis
Not Rated
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
Not Rated
Flat file integration
Not Rated
Excel data integration
Not Rated
Direct links to 3rd-party data sources
Not Rated
Not Rated
Pixel Perfect reports
Not Rated
Customizable dashboards
Not Rated
Report Formatting Templates
Not Rated
9.3
Drill-down analysis
9
Formatting capabilities
9
Integration with R or other statistical packages
Not Rated
Report sharing and collaboration
10
Not Rated
Publish to Web
Not Rated
Publish to PDF
Not Rated
Report Versioning
Not Rated
Report Delivery Scheduling
Not Rated
Not Rated
Pre-built visualization formats (heatmaps, scatter plots etc.)
Not Rated
Location Analytics / Geographic Visualization
Not Rated
Predictive Analytics
Not Rated
10.0
Multi-User Support (named login)
10
Role-Based Security Model
Not Rated
Multiple Access Permission Levels (Create, Read, Delete)
Not Rated
Single Sign-On (SSO)
Not Rated
Not Rated
Responsive Design for Web Access
Not Rated
Mobile Application
Not Rated
Dashboard / Report / Visualization Interactivity on Mobile
Not Rated

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