Online financial statement analysis software

Comprehensive financial intelligence, performance reporting, dashboards and consolidations. Choose from a range of ready-to-use charts, graphs and visualisations. Tailor the presentation of your data using tables and financial statements. Fathom makes it easy to provide clear, concise and beautiful analytics and reports to your clients. The time to build this out yourself would be incredible.

Financial Reporting Software

As a professional advisor, multi-tasking runs through your veins. To make the financial advisor part of your job easier, we suggest you use financial analysis software.

Plus, it allows you to make timely, data-driven decisions. Financial analysis software adds value to you as an advisor. But hear us out — replace Excel with a Budgeting, Planning, and Forecasting software! Excel also poses challenges in these areas:. Just two years ago though, the reach of technology to financial advisors was severely limited.

There were only a handful of players. Some of them were large platforms that had to be extensively adapted and customized to be relevant for financial advisors. But, eventually, software companies took advantage of this low-hanging business fruit. Today, there are many financial analysis software companies on the market.

We sorted through them and picked out the best ones to recommend for you. We also highlighted advantages and disadvantages of each tool. Features include:. The tool does identify strengths, warnings, and weaknesses. But, how do you know how to improve with just these indicators?

You need a more dedicated tool that gives you proven action items to turn that weakness into a strength and help the business grow! IBISWorld provides industry research reports that are a really powerful business tool. The reports provide strategic insight and analysis on over U. Plus, their reports are up-to-date on every U.

These features will help you make better business decisions — and faster. IndustriusCFO has a dynamic range of financial analysis tools. We already work with nearly professional advisors. We help them empower their clients to make better business decisions.

IndustriusCFO provides these benefits for professional advisors:. This includes business ratios focusing on liquidity, profitability, asset efficiency, and growth. All it takes is just five minutes! Set-up is a breeze. Learn about them here in a previous blog post.

And, our data has been refined using time-tested statistical logarithms. Access the answers you need We offer a wide range of business analytics, key performance indicators, reports, and practical recommendations.

We also include industry peer benchmarking. With these tools, you can review ROI, sales per employee, profit margins and more to identify areas of concern and opportunity. Advisors who use IndustriusCFO tell us they love having the ability to run a cash flow analysis. Examine its liquidity, profitability, asset efficiency, and growth. Accurately determine its viability. Liquidity — this is where you can analyze your liquidity position using an innovative proprietary measure. This will allow you to make quick and effective loan decisions.

Financial Statement Spreading — compare multiple years of financials right next to each other. Then, compare it to industry peers.

Another advantage to using financial analysis software is that most software out there provides easily downloadable PDF reports that reflect all of your online reports. IndustriusCFO even allows you to personalize report output with your business logo and information. With financial analysis software, enjoy customized client reporting, deliver more value to your clients each month, quickly evaluate their financial numbers, continually discover opportunities for improvement, and have the know-how to implement action steps.

Financial Analysis Tips for Beginners. Your Guide to Financial Ratio Analysis. Documents how that plan follows through month-to-month and specifies expenditures. Forecasts finances using past company data to predict financial outcomes for the future.

Promotes consistency across reports. Yes, send me my eBook! Recent Posts Take a deep dive into your business data Starting up? Liquidity vs. Profitability Assessing Financial Risk? You need more than just your numbers.

Financial Statement Analysis is a software application designed for companies who adopt the IFRS and GAAP accounting standards. This provides an in-depth. Finstanon is an online tool for financial statement analysis. It generates financial position and effectiveness report.

Finance departments are challenged everyday with more reporting demands by executives, boards and external agencies. This diverse audience also increasingly wants more transparent and quicker responses. On the other hand, CFOs want more analysis to discover opportunities and insights.

Marianne Chrisos Born in Salem, Massachusetts, growing up outside of Chicago, Illinois, and currently living near Dallas, Texas, Marianne is a content writer at a company near Dallas and contributing writer around the internet. She earned her master's degree in Writing and Publishing from DePaul University in Chicago and has worked in publishing, advertising, di

This provides an in-depth performance evaluation of the business through a screening of the last available financial reports. Upload from Excel. Automatic reporting The application generates an automatic financial report with charts, graphs, ratios, and comments.

Increase Your Value Using Financial Analysis Software

ReadyRatios online software produces a complete financial analysis of your statements: more than 40 ratios and indicators, unique conditional comments, tables, diagrams and summary. No financial knowledge is required. Our unique online financial analysis software performs this task! You will effortlessly get a detailed report about the financial condition of your company without the investment of time. You will not be able to tell this report from a professionally made human report!

6 Top Financial Analysis Software for Small Businesses

There are as many types of financial analysis software as there are types of financial analysis. Good software should clearly focus on a specific type of analysis and present it in a clear, customizable manner. Business bookkeepers rely on reporting software and cloud management tools. Many managers and analysts use software that can perform SWOT analysis. The important factor isn't the software itself, but the conclusions you draw from the data and analysis. Good software supports good decision making but does not guarantee it. The right tool for an individual investor or a small company owner isn't likely to be the same as the right tool for a large corporate project analyst. In many ways, the better type of tool is the right one for the job; you wouldn't use a screwdriver when a saw is necessary. Balanced Scorecard is a good tool for assessing a company's current position and historical performance. The Scorecard analyzes overall return, operating income, how capital is financed and other special firm-specific processes.

As a professional advisor, multi-tasking runs through your veins.

Simplify your software search in just 15 minutes. Call us today for a fast, free consultation.

How Our Financial Analysis Works

Apply Now. Whether you want to learn how to prepare your own financial statements, such as annual reports, or just better understand the information they communicate to your investors, lenders, and bankers, there are many tools available to assist you. If you want to create your own financial statements, start here—these are our top picks for the best financial reporting software for small businesses. NetSuite ERP, our favorite financial management solution, is a comprehensive accounting solution that provides end-to-end functionality, including customer and vendor contact information, marketing analyses, and, of course, instant financial statement generation. Any eligible employee can access any of the financial statements from their mobile devices or desktops. Additionally, you can use NetSuite to customize financial statements by profit center or region. If you use Microsoft Office, you can access its spreadsheet software, Microsoft Excel—one of the foremost spreadsheet programs in the world. Spreadsheets organize data in columns and rows, particularly numerical data such as monthly profit and loss information. Microsoft Excel comes with hundreds of templates for customized reports, including financial statements. While Excel can be an excellent tool for preparing financial statements, it requires users to understand basic accounting concepts, such as the difference between short- and long-term assets or how depreciation is calculated differently in the cash flow and income statements. Adaptive Planning is an award-winning company that provides performance management software at the corporate, business, and enterprise level.

What Is the Best Financial Analysis Software?

Move your analysis up to the next level by utilizing a proven and professional system that works. Fintibi enables you to upload data in three different types monthly, quarterly and annually. Depending on your independent case, you will be able to select your data-type preference. To remind users of the definition and calculation of ratios we have enabled these to be viewed in multiple places on the system. FINTIBI empowers you to analyze complicated financial statements without the need for spreadsheets thanks to our easy-to-fill-in and upload templates. When it comes to analyzing financial statements, we focus on the areas that matter! Financial ratios are proven to provide insight into the financial performance of companies.