Financial Planning & Analysis Software Critical to Your Success

by | Sep 16, 2021 | Accounting

Financial planners & analyzers empower businesses to forecast their financial outlook. This allows key stakeholders to recommend strategic investments and set target revenue goals to measure success. So, how do they do this? Here are financial planning & analysis software these high-performing professionals use.

OneStream

OneStream enables organizations to unify performance management processes. These processes include financial consolidation, reporting, planning, and analytics. In fact, there are over 50 CPM solutions that allows companies to extend their investment. The company itself has been on the Inc. 5000 List of Fastest Growing Companies for the sixth year in a row.

Features

  • Strategic planning
  • Financial and operational budgeting, planning, and forecasting
  • Financial close, consolidation, and reporting
  • Financial and management reporting
  • Analytics and scenario modeling

Vena

Vena takes old school software and combines it with new school innovation. They do this by combining the best features of Excel with their own innovative growth engine to drive agile, business-wide planning. The growth engine also boasts intuitive workflows, integrations, and advanced modeling.

Features

  • Create and secure templates
  • Enterprise-level scalability
  • Forecasting
  • What-if analysis
  • Workforce planning
  • Account reconciliation

NetSuite

This isn’t the first time NetSuite has been featured on one of our lists. NetSuite’s scalable solution enables financial teams to agilely produce budgets and forecasts, model what-if scenarios, and generate reports. The software reduces planning and budgeting cycle times while improving forecasting accuracy.

Features

  • Data synchronization
  • Single streaming data collection source
  • Templates and workflows
  • Pre-built synchronization with NetSuite ERP
  • Scenario planning and modeling
  • Operational expense

Sage Intacct

Sage Intacct received the highest product score from Gartner in core financials for the lower midsize enterprises use case. It’s easy to understand why, since they have solutions for industry-specific needs. Features like this make Sage Intacct used by more than 15,000 customers.

Features

  • Real-time, multi-dimensional reporting
  • Interactive reports and dashboards
  • Automated tasks
  • Data syncing in real time
  • 200 prebuilt visuals
  • What-if modeling

Jirav

Finally, another financial planning & analysis software critical for success is Jirav. Jirav is the all-in-one financial planning & analysis solution that utilizes driver-based financial modeling. Also, it focuses on the needs of VC-funded companies.

Features

  • Driver-based financial model
  • Customizable reports
  • Dashboards
  • Visualized cash flows

We have found these are financial planning & analysis software our recent job placement of Financial Planners and Analyzers use. If you are looking for the right candidate in this field, then Applied Resource Group will find the high-performing professionals your organization needs. Apply the right resources today!