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Path by Simplex Review

Path by Simplex
Our score: 8.0 User satisfaction: 100%

What is Path by Simplex?

Path by Simplex is a social financial application designed to take financial and non-financial data and connect it to members of your team so you can collaborate on business decisions. It is like Facebook, a social media platform, with a social feed but can only be accessed by your team. The platform is ideal for small business owners, accountants, advisors, and bookkeepers. 

The platform’s social feed is called The Bridge. It is where you can share financial and non-financial information such as company announcements with the entire organization. The Bridge makes disseminating vital information easier. In addition, the app features Milestones where you can document important events that affect your company performance and bookmarks for organizing mountains of information. There is also a To-do List for organizing your tasks.

Financial features include Data Mash for conducting unique calculations, Business Impact Center for understanding your business’ impact on the community, as well as Industry comparisons for comparing your calculations to the industry average to mention some.

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Overview of Path by Simplex Benefits

Improve Team Communication

Path by Simplex features an internal social feed called The Bridge where you can post announcements, updates, or any other important information to everyone in your business at one time. With this feature, all of your information will be housed in one location. No need to spend so much time and resources searching through texts, emails, or other messages.

Organize Data With Ease

A huge amount of financial data can be overwhelming. Path by Simplex helps its users organize their data in any way they want. It offers a Bookmarks feature where you can save, collect, and organize your business pages. You can bookmark a post from the social feed so you can refer back to them when you need to with ease.

Conduct Unique Calculations

Path by Simplex allows its users to create any calculation under the sun through its Data Mash feature. Use values and data from your QuickBooks Online account and perform whatever calculation you need to run your business. Even if the value is not in your QuickBooks Online account, you can add User Generated Options to use in future calculations. There are a few calculations pre-populated in Path when you log in so you can start understanding your financial data.

Document Business History and Employee Impact

Another feature that could be beneficial for your business is the Milestones. With Milestones, you can track all the important events in your business. Create and add documentation to events so you can track how that event has impacted your business. You can also create personal milestones to see how individual employees have impacted your business. It can come in handy when it comes to conducting employee reviews. 

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Overview of Path by Simplex Features

  • The Bridge
  • Company Milestones
  • Bookmarks
  • Data Mash
  • Business Snapshots
  • Business Impact Center
  • To-do List Management
  • Financial Ratio Analysis
  • Industry Comparisons

Awards & Quality Certificates

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.
An award given to products that have recently entered the market but are already becoming very popular

Path by Simplex Position In Our Categories

Because businesses have particular business-related requirements, it is only prudent that they steer clear of preferring a one-size-fits-all, ideal business application. Regardless, it is nearly futile to pinpoint such application even among recognizable software systems. The rational thing to do would be to narrow down the several important functions that call for a careful thought such as crucial features, costing, skill ability of staff, business size, etc. Thereafter, you should conduct the research through and through. Go over some Path by Simplex reviews and look into each of the software options in your shortlist more closely. Such well-rounded research guarantee you keep away from ill-fitting apps and choose the system that delivers all the benefits your company requires to be successful.

Position of Path by Simplex in our main categories:

TOP 200

Path by Simplex is one of the top 200 Business Intelligence Software products

If you are considering Path by Simplex it may also be sensible to examine other subcategories of Business Intelligence Software gathered in our database of SaaS software reviews.

It is essential to realize that almost no software in the Business Intelligence Software category is going to be an ideal solution able to meet all the goals of various business types, sizes and industries. It may be a good idea to read a few Path by Simplex Business Intelligence Software reviews first as specific solutions may perform well exclusively in a really narrow group of applications or be created with a very specific industry in mind. Others may function with an intention of being simple and intuitive and consequently lack complicated elements welcomed by more experienced users. You can also find software that cater to a large group of users and offer a rich feature base, however that in most cases comes at a higher cost of such a service. Ensure you're aware of your requirements so that you select a service that offers specifically the functionalities you look for.

How Much Does Path by Simplex Cost?

Path by Simplex Pricing Plans:

Free Trial

Starter Plan

$9/month/company

Pro Plan

$39/month/company

Expert Plan

$59/month/company

Trusted Advisor

$129/month/company

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What are Path by Simplex pricing details?

Path by Simplex Pricing Plans:

Free Trial

Starter Plan

$9/month/company

Pro Plan

$39/month/company

Expert Plan

$59/month/company

Trusted Advisor

$129/month/company

Path by Simplex offers four pricing packages for users to choose from. Since the platform is designed for SMBs, no enterprise pricing is available. See more details below.

Starter Plan – $9/month/company

  • Unlimited Users
  • Build Custom Dashboards
  • Create Custom Calculations
  • Company Milestones
  • Alerts and Notifications

Pro Plan –  $39/month/company

  • Everything in the Starter Plan
  • Business Snapshot
  • Financial Ratio Analysis
  • Industry Comparisons

Expert Plan –  $59/month/company

  • Everything in the Pro Plan
  • To-do List Management
  • Expert AI-Suggestions for Improvement
  • To-Do List Management
  • Business Impact Center
  • Customer & Vendor Management
  • Financial Impact Calculations
  • Cash Conversion Cycle
  • Cash Leak Map
  • Short-term & Long-term Debt Calculation

Trusted Advisors – $129/month 

  • Includes 3 Companies (Add $15 for 4-10 Companies, $10 for 11-25 Companies, $5 for 26-100 Companies)
  • Everything in the Expert Plan

User Satisfaction

Positive Social Media Mentions 30
Negative Social Media Mentions 0

We know that when you choose to purchase a Business Intelligence Software it’s important not only to find out how professionals score it in their reviews, but also to find out whether the actual clients and enterprises that purchased it are actually satisfied with the service. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that aggregates customer reviews, comments and Path by Simplex reviews across a broad range of social media sites. The data is then featured in an easy to digest way indicating how many clients had positive and negative experience with Path by Simplex. With that information at hand you will be prepared to make an informed business choice that you won’t regret.

Video

Technical details

Devices Supported

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

Deployment

  • Cloud Hosted
  • On Premise

Language Support

  • English

Pricing Model

  • Monthly payment

Customer Types

  • Small Business
  • Medium Business
  • Freelancers

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

What integrations are available for Path by Simplex?

Path by Simplex is integrated with the following accounting solution:

  • QuickBooks Online
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Nestor Gilbert

By Nestor Gilbert

Nestor Gilbert is a senior B2B and SaaS analyst and a core contributor at FinancesOnline for over 5 years. With his experience in software development and extensive knowledge of SaaS management, he writes mostly about emerging B2B technologies and their impact on the current business landscape. However, he also provides in-depth reviews on a wide range of software solutions to help businesses find suitable options for them. Through his work, he aims to help companies develop a more tech-forward approach to their operations and overcome their SaaS-related challenges.

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