Top Financial Analysis Software List (April 2024)

Fathom is a reporting and financial analysis tool, and an easy-to-use management software developed to handle all of your business performance requirements. This tool offers a collection of in-depth analytics metrics that help users view exactly how well their business is performing and progressing and observe trends and determine improvement opportunities. Fathom software seamlessly incorporates MYOB, QuickBooks, Excel data, and Xero to offer insightful, practical dashboards and reports. This tool helps users provide compelling and creative business reports and analysis that makes them forget about the time-consuming spreadsheet. This tool also closely monitors and keeps track of the other group of related companies performance. It highly customizes the presentation of users' data by using financial statements and tables. Users can choose from a range of ready-to-use graphs, charts, and visualizations. Overall, Fathom is the Ultimate tool for CEOs, accountants, franchise groups, or advisors. Whether users update their management team, present to a client, or report to the bank, this tool will always keep them prepared.

ProfitCents is a Financial Analysis Software. Using it, advisors, accounting companies, and credit unions can produce narrative reports for financial data particular to their sector. The tool streamlines financial risk analysis processes by identifying firms' strengths and weaknesses. It has a vast list of features such as - The most comprehensive database of current, private firm financial data is used to benchmark organisations. Through a collaborative data approach, ProfitCents combines financial accounts from accounting companies, banks, and credit unions. You obtain precise benchmarking information, 60 ratios and measures, more than 1,400 sectors, simple industry trend insight. One of its most beneficial features is narrative financial analysis - The narrative report is used by advisors to give clients a more comprehensive knowledge of their financial situation. Accounting professionals employ the narrative report, which transforms financial statements into a straightforward narrative text, to assist their clients in making better business decisions. Streamline preliminary analyses and record projected value estimations. Additionally, ProfitCents keeps track of each engagement's risk assessment phase and guarantees that the methodology and reporting are consistent.

Runway is a cash planning tool that is specially built for startups helping them in understanding, managing, and extending business-relevant cash runway accordingly. It enables brands to build a realistic cash view of their businesses. Even if users cannot work on a spreadsheet, they can still see how their expenses have impacted the cash burn, by simply writing them as a single line, over Runway. The tool can be used to plot data on easy to understand charts, instantly. These charts help users to understand projected cash balance, monthly net gain or loss, and burn rate changes, besides identifying months that are most expensive. Startups can check/uncheck their teams’ expenses and view graph-based updates in real-time. Runway allows users to make copies of their spending and fundraising plans as well as explore new plans accordingly. Also, users can include their whole team in the key business decision-making process with the help of an intuitive visual interface equipped within.

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.

Koyfin is an intuitive financial data and analytics platform that provides investment companies with the right kind of information regarding research stocks and market trends. A variety of graph template charts available within the software help users highlight different information with a quick identification process. These charts can be shared with other people through a link or can be even posted on websites or blogs. Moreover, users can also depend on Koyfin to create separate dashboards and watchlists based on individual asset classes that they follow or the client portfolio that they manage. Further, the software turns out to be quite helpful in highlighting balance sheet and income & cash flow statements as per individual companies. Brands are provided with a detailed analysis of all the information present on the financial statements page in different formats - graphically or in columns. Koyfin assures accurate information about currency & commodities prices, equity & credit and factor-based investment data, within a simplified portal.

Introducing Slice, the ultimate solution for US companies operating globally. If they' re looking to expand their business across borders, they have custom-built the perfect suite of finance tools just for them. Say goodbye to the hassle of managing multiple currencies, making cross-border payments, and keeping track of their global spending Slice brings all of these capabilities together in one seamless platform. With Slice, they can effortlessly open multi-currency accounts with local banks anywhere in the world, all at the touch of a button. Gone are the days of dealing with endless paperwork, hefty setup fees, and pesky monthly charges. They believe in making their experience as smooth and cost-effective as possible, which is why Slice is completely free from any hidden fees. This team understands that global businesses require top-notch financial management tools, and that's why we've designed Slice specifically for companies like yours. They know they need accurate and up-to-date information at their fingertips, so their platform provides real-time data and reporting, allowing they to monitor and control their finances with ease. Slice is not just another finance platform it's their trusted partner in global growth. They cater to their needs by offering multi-currency cards, enabling seamless cross-border payments, and providing comprehensive global banking and spend management all in one place. Plus, their professional and informative customer support team is always ready to assist them, ensuring that they receive the most personalized service possible. Don't let the complexities of global finance hinder their expansion plans. With Slice, they can confidently navigate the global business landscape, reaching new horizons and maximizing their growth potential. Join the ranks of successful global first companies and experience the power of Slice today.

Financial Statement Analysis, as the name suggests is a financial statement analysis software, specially designed for the companies that adopt IFRS and GAPPS accountants. This software provides deep evolution of the performance of a business by screening the last available financial reports. Once a company enters the IFRS financial data the system will assess the business profitably. Solvency, capital structure, and liquidity help in generating the financial report which further completes the ratio with charts and graphs. Also, it comments on companies’ performance by discussing the related rating scores. It helps in evaluating the performance of a business by providing automatic reports, and automatic dynamic comments along with charts, graphs and ratios, and comments. It’s automatic dynamic comments consist of complex business intelligence including algorithms which elaborate the company's performance and ratings. It also provides the feature for downloadable and editable reports which can easily be downloaded and edited on your device according to your needs. The downloaded file format can be of Word file, Excel spreadsheet, or PDF as per your need.

IndustriusCFO is a financial analysis software that offers effective business intelligence solutions to its clientele assuring a fruitful outcome. The platform offers its intuitive expertise to not just business advisors, but to business owners and executives as well. IndustriusCFO also offers precious insights facilitating adequate business growth in the form of intuitive analyses, reports, practical recommendations and key performance indicators. The software comes equipped with a Business Performance Scoreboard that showcases a company’s financial state and ways to adjust areas with deficit. Moreover, by measuring a company’s financial health, this software provides a comprehensive view of the potential business risk and effective strategies on how to survive market fluctuations. It offers deeper insights into liquidity, profitability and industry metrics of businesses besides inferring the viability of finances. Financial Statement Spreading functionality available within, lets businesses compare their finances over the years, side-by-side and draw out trends and financial ratios in real-time. IndustriusCFO offers meaningful insights into a business’s growth potential as well.

Calxa is a leading budgeting and cash flow forecasting tool. Bring in your accounting system budgets, import your spreadsheets or simply use shortcut formulas to build your own for as many years ahead as you want. Unlike spreadsheets, multiple budget versions are easy to manage. Just copy from one to another and run comparisons. Group reports in a bundle for quick and simple delivery. Build driver-based budgets that automatically re-calculate when the underlying data changes.

Flowcog Canvas, is the ultimate tool for simplifying business finance. Designed for professionals, this game-changing platform will streamline their financial processes and elevate their business to new heights. Say goodbye to hours of tedious number crunching and hello to beautiful charts that will impress their board, pitch calls, and even investors. With Flowcog Canvas, they can switch between different scenarios in a matter of seconds, providing them with quick answers to their most pressing financial questions. Flowcog Canvas has got them covered. Not only does Flowcog Canvas make their financial data more visually appealing, but it also comes equipped with powerful tools to help them understand the implications of fundraising. They'll gain a deep understanding of dilution and other key factors that could make or break their business's financial success. But don't just take this word for it let these satisfied users speak for themselves. Industry professionals have raved about the convenience and effectiveness of Flowcog Canvas, calling it a "game-changer" and "the missing piece in this financial puzzle."