Centage Features
Financial Insight (4)
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Budgeting
Uses collected data to assist organizations in understanding what they can afford now, and in years to come.
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Forecasting
Creates a continuous and recurrent planning process that can be calculated according to a specified and customizable timeline.
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Planning
Leverages data from budgeting and forecasting processes to help corporations understand their reality and make decisions accordingly.
Budgeting/Forecasting
Create budgets based on historical data and future projections
Data (5)
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Data Visualization
Offers methods of visualizing data via customizable dashboards, statistical graphs, and charts.
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Data Analysis
Scours data for actionable insights.
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Custom Reporting
Allows users to customize their own reports according to business needs.
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Reporting Templates
Provides pre-built reporting templates to organize data for payroll, manufacturing, and other company factions.
Real-Time Data
Receive data and information in real time
Status Communication (4)
Collaboration
Allows for searchable communication within the tool via notes, checklists, and discussions to ensure clarity between users.
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Version Control
Reflects updates immediately, ensuring users have the most recent data while maintaining records of past performance.
Scorecards
Displays and shares company performance data to increase transparency across the board.
Approval Process Control
Manage the process of evaluating documents or requests submitted for approval
Budget Creation (7)
Data Import
Import trial balance, monthly P&L, balance sheets, and other types of financial data
Budget Hierarchies
Define budget structure elements and how they are linked hierarchically
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Versioning
Keeps track of all versions of a budget and allows users to compare versions
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Formulas
Include budgeting formulas to estimate direct and indirect costs, operating and non-operating revenues
What-If
Test the potential financial impact of business decisions on revenues and expenses
Budget Periods
Users can customize standard budget periods (3, 9, or 12 months)
Real-Time Data
Receive data and information in real time
Budget Management (3)
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Consolidation
Consolidate multiple budgets from different departments or business entities
Adjustments
Users with administrative access rights can modify budgets
Workflows
Workflows are used to define the steps required to alter budgets and who needs to approve changes
Forecasting (5)
Historical Data
Forecasting is based on past transactions and historical financial or operational data
Reforecast
Ability to recreate forecasts to include new information that may impact budgets
Forecast Types
Support multiple types of forecasts such as balance sheet and cash flow forecasts
Rolling Forecasts
Used to review and update budgeting assumptions for a predefined period (usually one year)
Generative AI
Use AI to generate content in the form of text, images, videos, etc.
Analytics (4)
Variance Analysis
Project out as the year progresses to accommodate trends that affect key business drivers.
Forecasts Comparison
compare Income Statement, Balance Sheet, and Cash Flow for multiple periods
Forward Looking
Forward-looking Balance Sheet and Cash Flow Statements are synchronized with GL data
Financial Analysis
Evaluate units, projects, budgets, and other finance-related data to gauge their performance and potential risk
Financial Planning (4)
Extended Planning
Analysis that creates business plans outside of finance, including sales, marketing, or HR.
Reporting
Reports on departmental KPI metrics measured against targets.
Integration
Consolidates planning processes across an organization into a single solution.
Self-Service Reporting
Allow users to create their own reports and financial statements
Agentic AI - FP&A (Financial Planning & Analysis) (2)
Proactive Assistance
Anticipates needs and offers suggestions without prompting
Decision Making
Makes informed choices based on available data and objectives
Agentic AI - Budgeting and Forecasting (3)
Natural Language Interaction
Engages in human-like conversation for task delegation
Proactive Assistance
Anticipates needs and offers suggestions without prompting
Decision Making
Makes informed choices based on available data and objectives
Additional Functionality (91)
Predictive Analytics
Predict future data based on historical data sets
Multi-Language
Manage and support multiple languages
Generative AI
Use AI to generate content in the form of text, images, videos, etc.
Currency Management
AI Copilot
A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users
User Management
Manage user accounts, profiles, roles, permissions, and other details across applications, devices or networks
Project Management
Plan and coordinate all the resources, costs and time needed to execute assignments
Risk Management
Process of identifying, evaluating, mitigating, addressing and reporting on potential risks or uncertainties
Real-Time Analytics
Analyze and gain insights into data in real-time
Audit Trail
A record of all activities within the system, including user access, changes made, etc.
Tax Management
Implementation of various strategies to manage tax obligations via planning and maintaining compliance
Investment Management
Manage and handle financial assets as well as other investments.
Transaction History
Record of all transactions such as purchases, deposits, withdrawals and transfers within a specific period
Data Import/Export
Import and export data to and from software applications
Fixed Asset Management
Centralized database to track details of fixed assets such as depreciation and maintenance scheduling/history
Mobile Access
Access software remotely via mobile devices
Transaction Monitoring
Monitor or audit historical and current transactions to analyze customer account activities
API
Application programming interface that allows for integration with other systems/databases
Project Time Tracking
Measure time to completion or hours worked for projects
Projections
Estimate or forecast of a future scenario based on the study of present trends
Consolidation/Roll-Up
Combining loans, assets, liabilities, and other financial data from multiple subsidiary companies into one entity for reporting
General Ledger
Centralized accounting record which tracks all financial transactions
Purchasing & Receiving
Workflows that help acquire inventory, issue purchase orders and receive and store items in required quantity
Real-Time Monitoring
Active monitoring of systems, applications, or networks
Configurable Workflow
Configure existing workflows to meet your organization's needs
Dashboard Creation
Creation and customization of dashboards
Accounting
Built-in accounting to manage ledger, accounts payable/receivable, financial reports, etc.
Electronic Payments
Electronically collect payments for goods or services
Revenue Recognition
An accounting principle that identifies the specific conditions in which revenue is recognized and determines how to account for it.
Invoice Management
Captures invoice data and maintains comprehensive records for auditing and reporting purposes
Compliance Management
Track and manage adherence to policies for any service, product, process, or supplier
"What If" Scenarios
Method used in decision-making that allows businesses to input variables to forecast potential outcomes or possibilities
Workflow Management
Create, design and manage workflows for repetitive tasks
Multi-Currency
Manage and handle various international currencies
Planning Tools
Visual Analytics
Interact with data visualization elements, such as charts and graphs, to drill down into data
Cash Management
Process of managing an organization's cash resources, including cash on hand, investments, and bank account balances
Customizable Reports
Alter the layout and content of reports
Bank Reconciliation
Compare and match accounting/financial records with corresponding bank statements
Invoice Processing
Creation, processing, verification, and execution of invoices till the payment is made
Multi-Company
Manage the accounting and financial aspects of multiple locations or companies in a single location
For Investors & Traders
Used by retail investors and active traders/day traders
Expense Tracking
Monitor and record expenses such as purchases or charges incurred
Purchase Order Management
Create, send, and track purchase orders and their statuses
Access Controls/Permissions
Define levels of authorization for access to specific files or systems
Activity Dashboard
Dashboard to view the status of ongoing processes, identify current incidents and track past activities
Reporting/Analytics
View and track pertinent metrics to find patterns and gain insights from data
Alerts/Notifications
Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges
Billing & Invoicing
Create, manage, and send invoices or bills to customers
Receipt Management
Upload, track, and submit receipts in a central database
Profit/Loss Statement
A type of financial statement used to record and report an organization's revenues, costs, and expenses over a specific amount of time
Income & Balance Sheet
A statement detailing the financial position of a business including assets, liabilities, and equity at a certain point in time
Cash Flow Management
Monitoring, analysis, and projection of the movement of cash into and out of a business over a specific period
Data Visualization
Graphical representation of data
Purchase Order Management
Create, send, and track purchase orders and their statuses
Expense Management
Plan, pay and track business related expenses.
Ad hoc Reporting
Generate one-off reports that meet information requirements
Multi-Company
Manage the accounting and financial aspects of multiple locations or companies in a single location
Profit/Loss Statement
A type of financial statement used to record and report an organization's revenues, costs, and expenses over a specific amount of time
Workflow Management
Create, design and manage workflows for repetitive tasks
Access Controls/Permissions
Define levels of authorization for access to specific files or systems
Customizable Reports
Alter the layout and content of reports
Forecasting
Form predictions based on past and present data/trends
Dashboard Creation
Creation and customization of dashboards
Self-Service Reporting
Allow users to create their own reports and financial statements
Multi-Currency
Manage and handle various international currencies
Financial Management
Plan, manage, and track the financial activities of an individual or organization
"What If" Scenarios
Method used in decision-making that allows businesses to input variables to forecast potential outcomes or possibilities
Asset Lifecycle Management
Manage assets throughout their lifecycle to optimize profit
Strategic Planning
At a high level, visualize a preferred outcome, define goals and identify specific steps to achieve them
Visual Analytics
Interact with data visualization elements, such as charts and graphs, to drill down into data
Billing & Invoicing
Create, manage, and send invoices or bills to customers
Real-Time Reporting
Active reporting of data and metrics
Reporting/Analytics
View and track pertinent metrics to find patterns and gain insights from data
Receipt Management
Upload, track, and submit receipts in a central database
Scenario Planning
Develop potential scenarios to identify risks and opportunities
Alerts/Notifications
Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges
Collaboration Tools
Provides a channel for team members to share media files, communicate, and work together
Version Control
Track revisions and updates made to files and navigate between different versions
Activity Dashboard
Dashboard to view the status of ongoing processes, identify current incidents and track past activities
General Ledger
Centralized accounting record which tracks all financial transactions
Third-Party Integrations
Set up connections to third-party platforms to improve business processes
Consolidation/Roll-Up
Combining loans, assets, liabilities, and other financial data from multiple subsidiary companies into one entity for reporting
Drag & Drop
Assemble applications and processes by dragging over and arranging pre-built components
Income & Balance Sheet
A statement detailing the financial position of a business including assets, liabilities, and equity at a certain point in time
Multi-Department/Project
Manage the accounting and financial aspects of multiple operations and departments or ongoing projects from a single location
Accounting
Built-in accounting to manage ledger, accounts payable/receivable, financial reports, etc.
API
Application programming interface that allows for integration with other systems/databases
Chart of Accounts
A financial statement that lists a company's accounts and details the account type and balance
AI Copilot
A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users
Cash Management
Process of managing an organization's cash resources, including cash on hand, investments, and bank account balances
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