Measure Corporate Performance in Minutes
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Processing capacity and end-user functionality have allowed our business to deliver actionable insights for different departments beyond our normal scope without requiring additional headcounts.
Requires time to understand and utilize the capabilities.
Highly recommend
Analyzing a large amount of data and challenging the status quo
Modlr has integrated easily with our current financial system (Xero), it is user-friendly and easy to navigate. Modlr has helped us become more efficient in divisional and consolidated reporting.
We are still in the initial stages of roll out, but am also looking forward to being able to integrate non-financial KPI’s, and rolling out dashboard reporting.
The admin/back end of Modlr is a little less intuitive and took some time to get a handle on the cubes, however the Modlr team have assisted this process through training and patience!
Divisional reporting and nuances between business units have needed some work to make sure the reporting structure makes sense when it comes to rolling out Modlr reports. Data controls between Xero/MODLR have been solved with fixes put in place to ensure the systems are synced. Benefits have included more reliable and comprehensive reporting which were previously prepared manually.
Very powerful and easy to use. Offers seamless integration with various third-party applications.
Limited interoperability with Excel and comprehensive technical/user documentation
Using Modlr as a platform for financial reporting and consolidation, including budgeting and forecasting for the entire group BUs, spread across the globe
It's the version of OLAP planning and reporting products! It's easy to use and the reporting flexibility leaves other products behind. It is getting closer to the pixel perfect reporting that was available in older products like crystal reports etc.
It is a game changer of a product.
Nothing really as they take feedback onboard and come up with solutions or enhancements to their product.
Budgeting and reporting in excel, lock stock and barrel. Looking to transition away from maintaining multiple planning spreadsheets for over 50 users and all the associated challenges this brings.we are looking to shifting away from excel reporting into utilising the Modlr reporting platform.
We've been using it for modelling our budgeting planning and we're pretty happy how it went. Their support has been pretty impressive and keen on adding functionality that's requested on their forums. Would definitely build more FP&A solutions as well
A day of learning to how it works with Cubes but this is a learning curve almost any tool has.
Planning out our budget for the year and automating it. Month end reporting has become much more efficient.
We've used MODLR internally and with our clients across a number of use cases (eg. annual budgeting, forecasting, cashflow planning). Transferring our Excel sheets into MODLR was very straightforward, and the drill-down functionality has allowed us to increase our accuracy tenfold since we started using the platform, as it gives us a view on our budgets / forecasts at the most granular level. The platform has been invaluable in enabling us to more accurately track our company's KPIs and overall performance, at a much lower cost than other competing software.
Adjusting to using cubes instead of spreadsheets takes time (no more than a week) - similar to working in pivot tables using formulas
Removes headaches associated with version control issues, more flexible and powerful than higher cost competitors. Simple to use
We've used MODLR for a number of clients to help with their annual budgeting, forecasting and analytical modelling needs. We have managed to migrate the majority of our repetitive Excel workbooks to MODLR and can't believe how easy it was. For the last couple of months since using the platform it has allowed us to look at our budgets and forecasts at a granular level and work simultaneously without the worry of file errors or version control. It has proved invaluable in tracking our company's KPIs and overall performance!
The price is also a positive being very competitive if not lower than many other similar solutions on the market.
It takes a few days/week to get used to using the cubes in MODLR, especially when were very excel driven in the past. So there will be a bit of a learning curve, but once you learn the basics (which is very much like working in pivot tables) you will be very happy you did.
Try it! it is free to sign up and you will be thankful you did.
Reduced time to compile financial information.
Improved collaboration as we are not restricted to a single user on a workbook and then consolidating all information afterwards.
Powerful modelling capabilities which are easy to use
MODLR allows us to integrate our operating, financial, and personnel data in one location, and easily combine this information into insights to help drive better business decision-making. It had a tightly integrated suite of reporting, collaborative planning, and scenario modelling capabilities. Spreadsheets that were manual and error-prone can be digitized and automated, freeing up resources for value added activities and creating better accuracy and confidence in decision-making. We can use MODLR to power our financial and operational reporting, run scenarios, collaborate on models, and even create mobile applications for everyone from the CEO to the shop-floor. It is truly world-class software for solving business problems.
Tutorials are getting better over time and the user community is growing which is helpful
Just jump in and try it out! You will quickly discover how powerful MODLR is. There's lots of help available too.
We have a lot of experience with Corporate Performance Management solutions, having worked with them and implemented them in many industries including banks, financial services like insurance, freight and logistics, industrial companies like iron ore miners and cement manufacturers, and retail chains. So we had a very detailed checklist on what our requirements were for an effective corporate performance management solution, and we found that MODLR met and surpassed all our needs. It was easy to implement and customize, scalable, and powerful. Our users love it. Customer support was fast and personal. MODLR is our go-to software for corporate performance management.
Modlr allowed me and my team to bring our feasibility modelling and scenario planning to the next level.
What I really liked about Modlr's features included:
- Being cloud-based meant the team could work concurrently together within models.
- Audit reporting helped us to see who changed what and when.
- Easy and quick to run multiple sensitivity scenarios.
- Affordable pricing.
Generally Modlr is a great product and we haven't found many elements that we don't like.
- Feasibility models
- Cash-flow forecasts
- Sensitivity scenario modelling
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Modlr is user-friendly, highly customisable and reasonable intuitive. If you've used a system like HFM or Essbase, it uses a similar cube logic.
Customer service is exceptional, the team are experts in the system, quickly and efficiently helping with any request or issue.
Like any tool that is customisable, time needs to be invested learning about the product and how it can best serve the businesses needs.
Integrates seamlessly with accounting packages to suck data into the warehouse where relevant reports can be generated. Our accounting package was unable to give us the reporting we needed, so we turned to MODLR to assist. MODLR has saves us many hours of manual data manipulation.