Great BI tool for a variety of usage beyond FP&A
October 06, 2021

Great BI tool for a variety of usage beyond FP&A

Amol Ghoddke | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Jedox

Currently Jedox is used primarily for planning and reporting for Finance and HR purposes as well as revenue planning. We have future plans to enhance the user experience and extend the use to other business areas and broaden the user base within the company.
  • Reporting
  • ETL
  • Integration with Excel
  • FP&A
  • Training
  • Direct support from Jedox. Currently, they rely heavily on Partners
  • Guided analytics
  • Visualisation
  • Financial budgeting and Forecasting are done in a centralized fashion in Jedox now instead of a decentralized excel based approach. A lot of cost savings and improved reliability
  • Easy to use self-help Dashboards and detailed reports
  • Web-based reporting instead of excel based
Calumo is similar product to Jedox. I have used it extensively in my previous role. It was a major contender when we evaluated a BI platform for NIDA. Calumo is a great product as well and it was a very close call. Where we found Jedox to be a better fit for NIDA was the ability to prepare dynamic reports with ease without the need to learn MDX which was used extensively by Calumo to make dynamic reports which expand or shrink based on the underlying data. Another major benefit we saw in Jedox was the whole ETL process could be managed within Jedox instead of doing it in SQL server which negates having a dedicated SQL specialist role when the scale expands.

Do you think Jedox delivers good value for the price?

Yes

Are you happy with Jedox's feature set?

Yes

Did Jedox live up to sales and marketing promises?

Yes

Did implementation of Jedox go as expected?

Yes

Would you buy Jedox again?

Yes

Well suited for detailed dynamic reports, dashboards, FP&A Less appropriate for highly visual analytics and guided analytics

Jedox Feature Ratings

Long-term financial planning
7
Financial budgeting
9
Forecasting
9
Scenario modeling
7
Management reporting
10
Financial data consolidation
Not Rated
Journal entries and reports
Not Rated
Multi-currency management
Not Rated
Intercompany Eliminations
Not Rated
Local and consolidated reporting
Not Rated
Detailed Audit Trails
Not Rated
Financial Statement Reporting
9
Management Reporting
9
Excel-based Reporting
10
Automated board and financial reporting
9
Personalized dashboards
9
Color-coded scorecards
Not Rated
Cost and profitability analysis
Not Rated
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
Flat file integration
9
Excel data integration
9
Direct links to 3rd-party data sources
9