APP COMPARE: Business Analysis & Forecasting Tools Part 5

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This is the 5th and final article in our APP COMPARE mini-series looking at forecasting and analytic Apps designed to provide business analysis and metrics typically not available within standard financial reporting. (Part One can be found here, Part Two can be found here, Part Three can be found here, and Part Four can be found here.)

There were too many Apps in this category to include within a single 'App Compare' article, so each installment of this mini-series encompassed a handful of randomly selected Apps (presented in alphabetical order within each grouping), without regard to any assessment of their performance, and as with our other 'App Compare' articles, no side-by-side comparisons or rankings will be provided.

Bookvalu

Bookvalu is a business valuation App that will automatically calculate a range of value of your business as well as trend how that value changes over time. It gives small businesses access to powerful financial tools like financial forecasting and business valuation in an intuitive and cost-effective way that seamlessly connects to QuickBooks Online.

When you seamlessly connect your QBO account to Bookvalu it will automatically create a 5-year financial forecast, conduct ratio analysis and a valuation of your business.

In addition, you will have 1-click access to PDF financial reports of your income statements, balance sheet and cash flow statements that you need to secure a loan, update investors or just run your business.

Bookvalu is an easy and cost-effective way to create financial forecasts and value your business using your existing QuickBooks Online data. For more information, see the Bookvalu landing page at the Intuit QuickBooks Apps Center.

Calxa

Calxa is a budgeting, cashflow-forecasting and KPI App designed for businesses, non-profits and accounting firms. It integrates seamlessly with QuickBooks Online to give businesses deeper insights, thus enabling better decision-making.

Calxa takes the hard work out of predicting the timing of payments and receipts by analyzing your current average Creditor and Debtor Days. Its Cash-flow forecasts will examine your balance sheet and profit & loss budgets to create a 3-Way Forecast.

Calxa also provides pre-built KPIs as well as a KPI Builder to include non-financial metrics for your own company, along with industry specific ratios.

Calxa’s 3-Way Forecasts are easy to automate and combine with their powerful KPI builder to give you a complete solution. For more information, see the Calxa landing page at the Intuit QuickBooks Apps Center.

Futrli

Futrli is cloud-based and connects seamlessly with your favorite financial data sources. Connect Futrli straight to QuickBooks to give you automated insights into the business drivers that matter to you, along with forecasts and auto alerts.

Futrli is not only the operational platform that will help you run your business on a day-to-day basis, but it's where you can get all the answers about your business in one place.

You will get everything you need with Futrli; automated 3-way calculations, wizards, multiple forecasting methods, multiple assumption methods, the ability to use existing budgets and forecasts, create data from trends or prior periods, unlimited what-if situations, customization like you won't believe, and more that I can't possibly spend time telling you about here.

If you are looking for more control over your business or a better tool to help your clients make smarter business decisions, then get more information from the Futrli landing page at the Intuit QuickBooks Apps Center.

Editor's Comments:

In keeping with the introduction to this article (and this mini-series), there were just too many Apps of this category to include all of them within a single article and remain true to our editorial guidelines regarding our typical feature length for an article of this nature. Therefore, I limited the number of Apps within each of the articles in this mini-series and randomly selected those Apps and included them in alphabetical order; without regard to any assessment of their performance, and with no side-by-side comparison, ranking or personal preference factor involved in either selection or their feature within each of the articles.

I am also aware that there are a lot of great 'REPORTING' Apps that offer Business Analytics/Metrics as part of their 'reporting packages,' but what we are attempting to differentiate in this series are those Apps that primarily offered "Metrics/Analytics with reporting on the side," as opposed to those Apps that are full scope "Reporting Packages which include 'Metrics/Analytics' as one segment of their full-feature reporting." Don't worry 'REPORTING APPS," Insightful Accountant will get around to covering you within our APP COMPARE features sometime in the future, we just aren't there yet... after all, "there is 'only one' Murph."

Furthermore, if there were any 'last minute' additions to the Intuit App Center in this category and we missed you, we are sorry. Maybe we can pick you up in our other series called 'Newest Neighbors in the App Neighborhood,' let us know by posting a comment to this article using the 'comment option' below.

Lastly, thanks to all the APP Developers who participated and let us 'hype' content from their webpages for use in these comparisons.