Financial budgeting
Annual budget for revenue and operating expenses, headcount/compensation, capital expenses, projects, etc.
Cat avg: 8.9
Top Performing Features
Role-Based Security Model
Role-based access means that access to data is determined by job or position in the corporation.
Cat avg: 8.9
Multiple Access Permission Levels (Create, Read, Delete)
Multiple access permission levels means that different levels of users have different rights.
Cat avg: 8.6
Report-Level Access Control
Report-level access control means that the type of report determines who has access to it.
Cat avg: 8.8
Worst Performing Features
Customizable dashboards
Customizable dashboards are dashboards providing the builder some degree of control over the look and feel and display options.
Cat avg: 7.7
Publish to Web
Cat avg: 8.3
Formatting capabilities
Ability to format output e.g. conditional formatting, lines, headers, footers.
Cat avg: 7.8
Centage Features from Reviews
BI Standard Reporting
Standard reporting means pre-built or canned reports available to users without having to create them.
4.4-41%
Customizable dashboards
Customizable dashboards are dashboards providing the builder some degree of control over the look and feel and display options.
Category average: 7.7
Ad-hoc Reporting
Ad-Hoc Reports are reports built by the user to meet highly specific requirements.
6.9-12%
Drill-down analysis
Drill down analysis is the ability to get to a further level of detail by going deeper into the hierarchy.
Category average: 8.3
Formatting capabilities
Ability to format output e.g. conditional formatting, lines, headers, footers.
Category average: 7.8
Report sharing and collaboration
Report sharing and collaboration is the ability to easily share reports with others.
Category average: 8.3
Report Output and Scheduling
Ability to schedule and manager report output.
7.4-10%
Publish to Web
Category average: 8.3
Publish to PDF
Category average: 8.4
Report Versioning
Report versioning is the assignment of version numbers to each version of a report to help in tracking.
Category average: 8.3
Report Delivery Scheduling
Report Delivery Schedule is the ability to have reports delivered to a destination at a specific data and time.
Category average: 8.1
Data Discovery and Visualization
Data Discovery and Visualization is the analysis of multiple data sources in a search for patterns and outliers and the ability to represent the data visually.
8.3+9%
Predictive Analytics
Predictive Analytics is the ability to build forecasting models based on existing data sets.
Category average: 7.5
Access Control and Security
Access control means being able to determine who has access to which data.
8.80%
Multi-User Support (named login)
Named model access means that users have access based on name and password.
Category average: 9
Role-Based Security Model
Role-based access means that access to data is determined by job or position in the corporation.
Category average: 8.9
Multiple Access Permission Levels (Create, Read, Delete)
Multiple access permission levels means that different levels of users have different rights.
Category average: 8.6
Report-Level Access Control
Report-level access control means that the type of report determines who has access to it.
Category average: 8.8
Single Sign-On (SSO)
Allows users to use one set of login credentials to access multiple applications
Category average: 8.6
Budgeting, Planning, and Forecasting
These activities are designed to assist with both data-driven operational, short-term planning and strategic long term planning
8.6+2%
Long-term financial planning
3-5 year financial plan with cashflow.
Category average: 8.7
Financial budgeting
Annual budget for revenue and operating expenses, headcount/compensation, capital expenses, projects, etc.
Category average: 8.9
Forecasting
Combining actuals and budgets, rolling forecasts, driver-based models.
Category average: 8.4
Scenario modeling
Financial or operational modeling of alternate future states and planning for each.
Category average: 8.4
Management reporting
Budget vs. actual or forecast, P&L’s, performance over time, between products etc.
Category average: 8.5
Consolidation and Close
Consolidation of data from multiple entities with currency management, reporting and audit trails.
8.5+10%
Financial data consolidation
Consolidating data from several entities into a single statement using US GAAP, IFRS or other standards.
Category average: 8.3
Local and consolidated reporting
Ability to report against individual business entities and the consolidated umbrella entity.
Category average: 8.3
Financial Reporting and Compliance
Financial statements and regulatory filings
8.1-1%
Financial Statement Reporting
Creation and production of balance sheets, income statements, cash flows, other schedules
Category average: 8.8
Management Reporting
Tools facilitating creation of internal ad hoc or standard reports.
Category average: 8.4
Excel-based Reporting
Ad hoc or formatted reports using MS Excel.
Category average: 8.4
Automated board and financial reporting
Tools to help automate creation of regulatory reports such as SEC filings and board books.
Category average: 8.2
Analytics and Reporting
Dashboards and scorecards for KPI monitoring and benchmarking
7.5-6%
Personalized dashboards
Create custom dashboards and reports without the help of IT or administrators.
Category average: 8.3
Cost and profitability analysis
Cost and profitability analysis provides data for business decision making.
Category average: 8.2
Key Performance Indicator setting
Ability to set key performance indicators for measuring progress towards goals.
Category average: 8.3
Integration
Ability to integrate with external applications.
7.7-8%
Flat file integration
Integration of flat files like text documents and comma separated files
Category average: 8.7
Excel data integration
Ability to integrate directly with Excel data.
Category average: 8.5
Direct links to 3rd-party data sources
Integration with external applications like ERP, CRM, HCM
Category average: 8.1
Centage Features from the Vendor
Budgeting, Planning, and Forecasting
Vendor-reviewedLong-term financial planning
3-5 year financial plan with cashflow.
Financial budgeting
Annual budget for revenue and operating expenses, headcount/compensation, capital expenses, projects, etc.
Forecasting
Combining actuals and budgets, rolling forecasts, driver-based models.
Scenario modeling
Financial or operational modeling of alternate future states and planning for each.
Management reporting
Budget vs. actual or forecast, P&L’s, performance over time, between products etc.
Consolidation and Close
Vendor-reviewedFinancial data consolidation
Consolidating data from several entities into a single statement using US GAAP, IFRS or other standards.
Local and consolidated reporting
Ability to report against individual business entities and the consolidated umbrella entity.
Financial Reporting and Compliance
Vendor-reviewedFinancial Statement Reporting
Creation and production of balance sheets, income statements, cash flows, other schedules
Management Reporting
Tools facilitating creation of internal ad hoc or standard reports.
Excel-based Reporting
Ad hoc or formatted reports using MS Excel.
Automated board and financial reporting
Tools to help automate creation of regulatory reports such as SEC filings and board books.
Analytics and Reporting
Vendor-reviewedPersonalized dashboards
Create custom dashboards and reports without the help of IT or administrators.
Cost and profitability analysis
Cost and profitability analysis provides data for business decision making.
Key Performance Indicator setting
Ability to set key performance indicators for measuring progress towards goals.
Integration
Vendor-reviewedFlat file integration
Integration of flat files like text documents and comma separated files
Excel data integration
Ability to integrate directly with Excel data.
Direct links to 3rd-party data sources
Integration with external applications like ERP, CRM, HCM
BI Standard Reporting
Vendor-reviewedCustomizable dashboards
Customizable dashboards are dashboards providing the builder some degree of control over the look and feel and display options.
Ad-hoc Reporting
Vendor-reviewedDrill-down analysis
Drill down analysis is the ability to get to a further level of detail by going deeper into the hierarchy.
Formatting capabilities
Ability to format output e.g. conditional formatting, lines, headers, footers.
Predictive modeling
Predictive modeling is the ability to build future forecasting models.
Report sharing and collaboration
Report sharing and collaboration is the ability to easily share reports with others.
Report Output and Scheduling
Vendor-reviewedPublish to Web
Publish to PDF
Report Versioning
Report versioning is the assignment of version numbers to each version of a report to help in tracking.
Report Delivery Scheduling
Report Delivery Schedule is the ability to have reports delivered to a destination at a specific data and time.
Data Discovery and Visualization
Vendor-reviewedPredictive Analytics
Predictive Analytics is the ability to build forecasting models based on existing data sets.
Access Control and Security
Vendor-reviewedMulti-User Support (named login)
Named model access means that users have access based on name and password.
Role-Based Security Model
Role-based access means that access to data is determined by job or position in the corporation.
Multiple Access Permission Levels (Create, Read, Delete)
Multiple access permission levels means that different levels of users have different rights.
Report-Level Access Control
Report-level access control means that the type of report determines who has access to it.
Single Sign-On (SSO)
Allows users to use one set of login credentials to access multiple applications