Home/Financial Analysis Software/ReadyRatios vs AbacumUpdated on: March 29, 2024

Compare ReadyRatios vs Abacum

94% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
86% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
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94% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
86% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
Start Free Trial

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Overview

Summary

ReadyRatios is a SaaS solution capable of analyzing an organization’s financial position, based on relevant account statements. Enterprises just have to feed the system with financial reports, prepared in adherence to UG GAAP or IFRS, and get access to accurate analysis in real-time. It is capable of calculating more than 40 rates and coefficients, besides describing the calculated results, enabling organizations to know their exact financial condition. ReadyRatios maintains the uniqueness of an individual report with its multiple-choice conditional text module, even when the statements are based on the same data. With the program, enterprises can reduce wide tables into comprehensive charts without any significant tampering of informational values. The software uses colors to highlight positive and negative rate values and signify their qualitative assessment. Enterprises can change, remove or add any formula, modify the qualitative properties of rates, and keep the analysis autonomous. ReadyRatios with its user reports setting enables organizations to schedule table wise parameters and limit multiple criticism levels as well. ..show more

Abacum is a collaborative workflow and financial planning platform specially designed for mid-market companies to scale their business through collaboration, automation, and insights observation. Organizations can connect their data sources with the solution to get access to real-time information on financial and operational data in a unified format. Besides, users can leverage the software to update their business plans in an automated way without waiting for the monthly closing. They can also opt for spreadsheets export and import option, containing business-relevant data. Advanced tools such as waterfall & cohort graphs along with performance & pivot tables, etc., helps users execute complicated financial analyses in a seamless manner. Enterprises can tag users to share regular insights via email. Moreover, admins can set automatic reminders within Abacum to receive accurate information in real-time instead of running behind people. The software offers real-time assistance in creating effective workflows facilitating budget controls, it can also be used to add goals, deadlines, milestones and collaborators. ..show more

Features

Cash flow Forecasting Helps to measure the financial position of an entity in the future using cash in and cash out of a business

Divisional Analysis Helps to track and monitor the performance of your individual business unit

Industry Analysis Helps to assess the business position against competitors and gain competitive dynamics of an industry

KPI & Metrics Measures the success rate and monitor the performance metrics that matter most to your business.

Market Analysis Helps to measure your industry status in the overall market using quantitative and qualitative data points

Performance Analytics Helps to predict the future performance of a business using Key Performance Indicators (KPI) and other Metrics

Risk Assessment Helps to analyze the potential risk factors that cause harm to the business

TECHNICAL DETAILS

Access Monitoring

24/7 (Live rep)

Business Hours

Online

Contact Number/Address

N/A

San Francisco, CA

API

N/A

Deployment

SaaS/Web/Cloud

Mobile - Android

Mobile - iOS

Mobile - Windows

Mobile - BlackBerry

Installed - Windows

Installed - Mac

Customers

Individuals

Freelancers

Large Enterprises

Medium Business

Small Business

Pricing

Pricing Model

Free Trial

Freemium

One-time license

Open-source

Subscription

Quotation Based

Plans

Basic
Free

Features

  • IFRS statements analysis
  • US GAAP statements analysis
  • Analytic report: Limited
  • Data & Reports saving on user PC: Unlimited
Master
$165 /Year

Features

  • IFRS statements analysis
  • US GAAP statements analysis
  • Analytic report: Full
  • Data & Reports saving on user PC: Unlimited
  • Data & Reports saving on the ReadyRatios server
Expert
$285 /Year

Features

  • IFRS statements analysis
  • US GAAP statements analysis
  • Analytic report: Full
  • Data & Reports saving on user PC: Unlimited
  • Formulas customization
  • Report templates customization
  • Data & Reports saving on the ReadyRatios server
View Price Page
Abacum
Custom

Features

  • Connect Data sources
  • Business plan
  • Analyze tools
  • Collaborate with business partners
  • Create workflows for budgeting or cost control
View Price Page

SCREENSHOTS

ReadyRatios Screenshots
Abacum Screenshots
View 3 screenshot(s)

INTEGRATIONS

  • Quickbooks
    NA

ALTERNATIVES

Top alternatives to ReadyRatios

Koyfin
Koyfin
IndustriusCFO
IndustriusCFO
Fathom
Fathom
Runway
Runway
Synoptix
Synoptix

Top alternatives to Abacum

Koyfin
Koyfin
IndustriusCFO
IndustriusCFO
Fathom
Fathom
ReadyRatios
ReadyRatios
Runway
Runway