Powerful, efficient Budgeting, Forecasting and Analysis
October 19, 2017

Powerful, efficient Budgeting, Forecasting and Analysis

Gerard Mangan | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Review Source

Overall Satisfaction with Kepion Planning

Kepion is a powerful, efficient budgeting, forecasting, and analysis tool. Our forecasting is much more accurate with Kepion. We have moved from the arduous task of spending half a week each month re-forecasting, to being able to change our plan whenever conditions change. We can also clearly see the impact of changes on our forecast and how close our past forecasts are to actuals. The shared model in Kepion, leveraged from Analysis Services, is the best feature. It allows us to define our model once and then use it across all of our planning sheets and reports. The main drawback of Kepion is that the interface is a little old and clunky since it is built in Silverlight.
  • Budgeting and Forecasting: Kepion provides all budgeting, forecasting and actuals information in one, collaborative environment.
  • Analysis: It is easy to traverse across your entire budgeting and forecasting spectrum in Kepion, unearthing insights that would be hidden from you in other tools.
  • Workflow: Kepion's workflow management is simple and clear.
  • Interface: The interface is built in Silverlight, so is a little clunky and inflexible. Kepion are, however, planning to launch a HTML5 version in March 2018, which will greatly enhance the product.
  • Visualisation: We usually use Kepion for data entry and deep analysis, and then leverage tools like Power BI or Tableau to visualise data or create aggregated management reports.
Kepion is in a unique position in that it has all of the enterprise-grade functionality and scalability of a tool like Cognos, but it is available at a lower price point, with much more engaged support.
Kepion leverages Microsoft SQL Server Integration Services for data connectivity, so this is really a question of SSIS' data source connectivity, which is very good. It is also possible to leverage Azure's data connectivity services when Kepion is deployed in a hosted model in Azure.
Workflow and user management in Kepion is very good.
Well-suited: Migrating from planning in Excel, scenarios when multiple users are involved in the planning process, scenarios where there is a commitment to improve the planning process and accuracy.

Less appropriate: Where users are looking for a lower-overhead, more visual, less-connected solution.

Kepion Planning Feature Ratings

Long-term financial planning
9
Financial budgeting
9
Forecasting
9
Scenario modeling
8
Management reporting
5
Financial data consolidation
8
Journal entries and reports
8
Multi-currency management
8
Intercompany Eliminations
8
Minority Ownership
5
Local and consolidated reporting
8
Detailed Audit Trails
10
Financial Statement Reporting
10
Management Reporting
5
Excel-based Reporting
9
Automated board and financial reporting
7
XBRL support for regulatory filing
5
Personalized dashboards
5
Color-coded scorecards
6
KPIs
6
Cost and profitability analysis
9
Key Performance Indicator setting
6
Benchmarking with external data
8
Flat file integration
10
Excel data integration
9
Direct links to 3rd-party data sources
6