Great for growing companies
September 01, 2022

Great for growing companies

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Cube Planning

We use Cube for all aspects of FP&A, it is a great tool. I am a former Hyperion user and Cube is extremely similar. All of the employees are former FP&A professionals so truly understand the needs of Cube users they were extremely helpful and answered all of our questions. For growing companies or smaller companies Cube is a no brainer. It has a partnership with Intacct which is also a huge plus every company that uses Intacct should use Cube. It is essential for forecasting, budgeting and tracking company expenses. It allows plug and play in excel which is also critical for a FP&A tool.
  • User Friendly, easy to move around dimensions
  • Can easily add new account rollups, groupings etc.,
  • Very easy to update data, change names
  • Easy to pull multiple different dimensions in excel
  • Can put notes behind uploaded budget numbers etc
  • There is no drill down to see the lowest level accounts that a Hyperion etc., would have
  • There is no QTD pull
  • When a new account is created on the GL Cube users have to manually map it to a parent account
  • Forecasting
  • Budgeting
  • Reporting
  • Needed a FP&A tool, affordable, efficient & quickly
  • Allows department holders to see their costs
  • Allows business partners to see their margins etc.,
90% of what Hyperion offered Cube offers. Cube is missing the drill down feature which I believe is its biggest flaw. If you have revenue you cant double click on revenue and have it blow out all the revenue accounts at the lowest level. For companies that have hundreds accounts and roll ups this would be a major problem in my opinion. Hyperion was great for this you could double click and drill down to see all accounts very easily Cube you have to manually find all the accounts and insert them into excel Minus that they are very similar and Cube is much more user friendly.

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

In all aspects of FP&A Cube is needed and used. All companies need a FP&A tool, large companies use oracle, workday etc., For smaller or fast growing companies those systems are not as easily attainable. Cube takes weeks to implement and is a fraction of the cost. It has everything that is critical for a FP&A tool and more.

Cube Feature Ratings

Long-term financial planning
9
Financial budgeting
9
Forecasting
9
Scenario modeling
7
Management reporting
9
Financial data consolidation
9
Journal entries and reports
9
Multi-currency management
9
Intercompany Eliminations
9
Minority Ownership
8
Local and consolidated reporting
9
Detailed Audit Trails
8
Financial Statement Reporting
9
Management Reporting
9
Excel-based Reporting
10
Automated board and financial reporting
9
XBRL support for regulatory filing
7
Personalized dashboards
8
Color-coded scorecards
8
KPIs
8
Cost and profitability analysis
8
Key Performance Indicator setting
8
Benchmarking with external data
8
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
8
Pixel Perfect reports
5
Customizable dashboards
9
Report Formatting Templates
8
Drill-down analysis
1
Formatting capabilities
9
Integration with R or other statistical packages
5
Report sharing and collaboration
8
Publish to Web
5
Publish to PDF
5
Report Versioning
5
Report Delivery Scheduling
5
Pre-built visualization formats (heatmaps, scatter plots etc.)
5
Location Analytics / Geographic Visualization
5
Predictive Analytics
5
Multi-User Support (named login)
10
Role-Based Security Model
5
Multiple Access Permission Levels (Create, Read, Delete)
5
Responsive Design for Web Access
5
Mobile Application
5
Dashboard / Report / Visualization Interactivity on Mobile
5