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Finario Review

Finario
Our score: 8.0 User satisfaction: 100%

What is Finario?

Finario is a comprehensive Capex (Capital Expenditures) management suite that caters to enterprises of all sizes and types, providing them with a very robust platform designed to cover all stages of capital investment cycle – from project conceptualization and ideation all the way through post-completion evaluation.

With Finario, medium-sized enterprises to giant corporations are able to create viable capital budgets and implement them to a tee. Not only that, the software has helped thousands of businesses streamline their budgeting processes, shortening the entire lifecycle while reducing errors along the way.

Simply put, Finario enables businesses to execute the perfect budget plans, enhance their allocation, and gather and consolidate data from multiple fiscal years and across the whole organization to achieve objective financial reporting, comparison, and analysis.

Overview of Finario Benefits

Optimize Your Investment Portfolios

Finario enables you to compare and discern the most lucrative investment options available to you and create portfolios that are likely to yield huge returns based on various dimensions and factors. The software provides you with capital project portfolio management tools to determine which investments are profitable per your requirements and preferences and organize long-term capital plans.

Once you have your portfolios, Finario helps you optimize each one so that they generate big ROI. The software provides you with tools to fuel the growth of your portfolios via smart and effective deployment of capital.

Create and Execute Viable Capital Budget Plans

Finario gives you access to all sorts of financial data and analytics as well as the tools to capture and integrate information from various sources so you can make capital budgets that work.

Capital budgeting can be a daunting task but Finario equips you with the capabilities to accelerate the budgeting process while drastically minimizing errors. This results in the effective allocation of your capital plus a good understanding of the reason behind every budget request.

Effective Project Forecasting

It is crucial that you are aware of where your business stands from a financial standpoint. Finario helps you see the big picture through powerful and reach analytics so nothing surprises you. With all the knowledge and insights easily available to you, you can make informed decisions about your capital expenditures as well as adjust quickly and decisively with full confidences whenever changes and other developments occur.

Overview of Finario Features

  • Portfolio Planning
  • Capital Budgeting
  • Capex Approvals
  • Project Forecasting
  • Reporting & Analytics
  • Financial Planning & Analysis
  • Engineering & Operations
  • Procurement & Supply Chain
  • Information Technology
  • Accounting & Fixed Assets

What Problems Will Finario Solve?

1) Fragmented Capex management process

Many organizations struggle to manage their capital investment effectively because the process is disjointed and supported by a patchwork of manual (email, spreadsheets) and/or custom-built solutions that hinder visibility and lack the depth and breadth required of Capex. Finario’s unified solution for enterprise capital planning brings together capital planning & budgeting, Capex request & approval, project forecasting and post-completion review under one roof.

2) Lack of capital project context

Optimizing your Capex program can be difficult if you lack the necessary tools to compare investments on an apples-to-apples basis. Finario’s Converge feature allows you to compare projects of varying sizes based on their automatically calculated Profitability Index (PI), so you can invest in the most attractive projects with confidence, and eliminate any risk of underspending (or overspending) your capital budget.

3) Cutting Capex & controlling costs

Project overruns are one of the biggest issues facing companies throughout the Capex management process. This stems from a general lack of visibility into the process and an inability to regularly forecast projects. With Finario’s Project Forecasting functionality, you can track actuals and easily calculate ROI from project commencement through completion to help you stay on course and on budget.

Awards & Quality Certificates

An award given to products that have recently entered the market but are already becoming very popular
This certificate is granted to products that offer especially good user experience. We evaluate how easy it is to start using the product and how well-designed its interface and features are to facilitate the work process.

Finario Position In Our Categories

Knowing that businesses have special business-related needs, it is only wise they avoid choosing an all-encompassing, ideal software system. Be that as it may, it is hard to stumble on such a software product even among widely used software products. The rational thing to do can be to note down the various essential factors which necessitate analysis including key features, packages, technical skill competence of staff, organizational size, etc. Thereafter, you must conduct the product research comprehensively. Browse over some of these Finario evaluations and look into the other software solutions in your list in detail. Such detailed research makes sure you avoid ill-fitting software solutions and subscribe to the system which meets all the aspects you require business requires for optimal results.

Position of Finario in our main categories:

TOP 500

Finario is one of the top 500 Accounting Software products

Finario is also listed in the following subcategories:

Organizations have different needs and requirements and no software platform can be ideal in such a scenario. It is pointless to try to find a perfect out-of-the-box software product that fulfills all your business requirements. The intelligent thing to do would be to modify the application for your special wants, employee skill levels, budget, and other elements. For these reasons, do not hasten and pay for well-publicized trendy systems. Though these may be widely used, they may not be the ideal fit for your unique wants. Do your homework, look into each short-listed platform in detail, read a few Finario Financial Reporting Software reviews, speak to the maker for clarifications, and finally choose the application that provides what you need.

How Much Does Finario Cost?

Finario Pricing Plans:

Free Trial

Quote-based Plan

Contact Vendor

Contact Finario for information on their basic and enterprise pricing packages.

User Satisfaction

Positive Social Media Mentions 2
Negative Social Media Mentions 0

We realize that when you make a decision to buy Financial Reporting Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Finario reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with Finario. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

Technical details

Devices Supported

  • Windows
  • Android
  • iPhone/iPad
  • Mac
  • Web-based

Deployment

  • Cloud Hosted

Language Support

  • English
  • Chinese
  • German
  • Hindi
  • Japanese
  • Spanish
  • French
  • Russian

Pricing Model

  • Quote-based

Customer Types

  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

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Finario Comparisons

What are Finario pricing details?

Finario Pricing Plans:

Free Trial

Quote-based Plan

Contact Vendor

Contact Finario for information on their basic and enterprise pricing packages.

What integrations are available for Finario?

Finario integrates with the following business systems and applications plus more:

  • JDE
  • SAP
  • Oracle
  • Peoplesoft

 

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Reviewed By Nestor Gilbert
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