If you need a tool to build and share financial models, whatifi is a great choice. It lets founders and financial managers build and share "what if" cash flow forecasts and financial models in real-time without any spreadsheets or formulas. With features like fast setup, real-time comparison and a decision-tree-like interface, whatifi is great for making fast, confident decisions. It integrates with common software like Excel, QuickBooks and Xero so you can easily import and update data.
Another powerful option is Vena, a financial planning and analysis tool that's tightly integrated with Microsoft 365. Vena uses AI-powered data modeling, and it's got lots of features for budgeting, forecasting, strategic planning and more. It's got the flexibility of Excel, but also a structured and secure database foundation, so it's good for collaboration. You can import your existing spreadsheets and financial models into Vena for better forecasting and analytical abilities.
Causal is another powerful alternative designed to replace spreadsheets. It lets you build models, connect to different data sources and share dashboards. It connects to accounting software like QuickBooks and Xero, HRIS, CRM software and data warehouses. Causal has human-readable formulas, scenario planning and built-in currency conversion, so it's good for financial modeling and sharing.
Last, Datarails is financial planning and analysis (FP&A) software that automates data consolidation, financial reporting and budgeting. It connects to popular accounting software and ERPs, and offers data visualization and AI-powered insights. Datarails is designed to let finance teams work more efficiently and focus on strategic insights, so it's a good option for any finance pro looking to improve their workflow.