Clockwork.ai Features

Financial Insight (3)

Budgeting: Based on 18 Clockwork.ai reviews. Uses collected data to assist organizations in understanding what they can afford now, and in years to come.
Forecasting: Creates a continuous and recurrent planning process that can be calculated according to a specified and customizable timeline. 18 reviewers of Clockwork.ai have provided feedback on this feature.
Planning: Based on 17 Clockwork.ai reviews. Leverages data from budgeting and forecasting processes to help corporations understand their reality and make decisions accordingly.

Data (4)

Data Visualization: As reported in 17 Clockwork.ai reviews. Offers methods of visualizing data via customizable dashboards, statistical graphs, and charts.
Data Analysis: As reported in 17 Clockwork.ai reviews. Scours data for actionable insights.
Custom Reporting: Based on 17 Clockwork.ai reviews. Allows users to customize their own reports according to business needs.
Reporting Templates: Based on 17 Clockwork.ai reviews. Provides pre-built reporting templates to organize data for payroll, manufacturing, and other company factions.

Status Communication (4)

Collaboration: Allows for searchable communication within the tool via notes, checklists, and discussions to ensure clarity between users. 17 reviewers of Clockwork.ai have provided feedback on this feature.
Version Control: Reflects updates immediately, ensuring users have the most recent data while maintaining records of past performance. This feature was mentioned in 17 Clockwork.ai reviews.
Real-Time Data Updates: Updates varying factors in real-time, assuring forecasts and inferences are continually made according to the most recent information. 17 reviewers of Clockwork.ai have provided feedback on this feature.
Scorecards: Displays and shares company performance data to increase transparency across the board. 17 reviewers of Clockwork.ai have provided feedback on this feature.

Budget Creation (6)

Data Import: Based on 30 Clockwork.ai reviews. Import trial balance, monthly P&L, balance sheets, and other types of financial data
Budget Hierarchies: Based on 27 Clockwork.ai reviews. Define budget structure elements and how they are linked hierarchically
Versioning: As reported in 27 Clockwork.ai reviews. Keeps track of all versions of a budget and allows users to compare versions
Formulas: Include budgeting formulas to estimate direct and indirect costs, operating and non-operating revenues 27 reviewers of Clockwork.ai have provided feedback on this feature.
What-If: Based on 27 Clockwork.ai reviews. Test the potential financial impact of business decisions on revenues and expenses
Budget Periods: As reported in 26 Clockwork.ai reviews. Users can customize standard budget periods (3, 9, or 12 months)

Budget Management (1)

Forecasting (5)

Historical Data: Forecasting is based on past transactions and historical financial or operational data 28 reviewers of Clockwork.ai have provided feedback on this feature.
Reforecast: Ability to recreate forecasts to include new information that may impact budgets 26 reviewers of Clockwork.ai have provided feedback on this feature.
Forecast Types: As reported in 28 Clockwork.ai reviews. Support multiple types of forecasts such as balance sheet and cash flow forecasts
Rolling Forecasts: As reported in 28 Clockwork.ai reviews. Used to review and update budgeting assumptions for a predefined period (usually one year)
AI: Uses AI algorithms and models to predict future trends and outcomes, based on historical data and patterns 14 reviewers of Clockwork.ai have provided feedback on this feature.

Analytics (7)

Variance Analysis: Project out as the year progresses to accommodate trends that affect key business drivers. This feature was mentioned in 27 Clockwork.ai reviews.
Forecasts Comparison: Based on 28 Clockwork.ai reviews. 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 This feature was mentioned in 28 Clockwork.ai reviews.
Variance Analysis: As reported in 10 Clockwork.ai reviews. Project out as the year progresses to accommodate trends that affect key business drivers.
Reports: As reported in 10 Clockwork.ai reviews. Generate cash flow reports in order to see where money is coming in and where it's going
Forecast Comparison: Compare Income Statement, Balance Sheet, and Cash Flow for multiple periods 10 reviewers of Clockwork.ai have provided feedback on this feature.
Forward Looking: Forward-looking Balance Sheet and Cash Flow Statements are synchronized with GL data 10 reviewers of Clockwork.ai have provided feedback on this feature.

Data Management (2)

Reporting Structure (3)

Reporting Hierarchy: Administrators can define and manage the reporting structure and access rights to each report 23 reviewers of Clockwork.ai have provided feedback on this feature.
Report Templates: As reported in 24 Clockwork.ai reviews. Templates that can be used to create new reports without starting from scratch
Report Types: Provide multiple types of reports such as point-in-time or snapshot reports, year over year, or time to date 25 reviewers of Clockwork.ai have provided feedback on this feature.

Standard Analytics (4)

Standard KPIs: As reported in 25 Clockwork.ai reviews. Include most common financial KPIs such as gross and net profit margin, or working capital
Standard Reports: As reported in 25 Clockwork.ai reviews. Standard financial reports are provided out of the box
Financial Statements: Based on 24 Clockwork.ai reviews. Ability to analyze financial statements such as income statement and balance sheet
Drill Down: Users can drill down to the detail level of each transaction or financial entry This feature was mentioned in 25 Clockwork.ai reviews.

Custom Analytics (5)

Dashboards: Based on 25 Clockwork.ai reviews. Dashboards can be customized to display different types of data from various sources
Custom KPIs: As reported in 24 Clockwork.ai reviews. Users can modify standard financial KPIs and metrics
Custom Reports: Allow users to edit reports and to combine multiple reports This feature was mentioned in 23 Clockwork.ai reviews.
Self Service: A dedicated portal for external users with limited access to the system This feature was mentioned in 24 Clockwork.ai reviews.
Multiple Entities: Monitors the financial performance of multiple entities 12 reviewers of Clockwork.ai have provided feedback on this feature.

Cash Flow Management (3)

File Exports: Timesheets, projects, tasks, income or expenses can all easily be exported to pdf, xls or csv for simpel cash clow analysis.
Income and Expenses: Add one-time or recurring items to your cash flow and add line items for each payment or deposit. 10 reviewers of Clockwork.ai have provided feedback on this feature.
Track Cash Flow: Check your cash on hand at the beginning of each month and view each day incoming and outgoing funds. 11 reviewers of Clockwork.ai have provided feedback on this feature.

Cash Flow Forecasting (5)

Historical Data: As reported in 11 Clockwork.ai reviews. Cash flow forecasting is based on past transactions and historical financial or operational data
Reforecast: Based on 11 Clockwork.ai reviews. 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 This feature was mentioned in 11 Clockwork.ai reviews.
Rolling Forecasts: Based on 11 Clockwork.ai reviews. Used to review and update budgeting assumptions for a predefined period (usually one year)
AI: Uses AI algorithms and models to predict future cash flow trends and outcomes, based on historical data and patterns

Financial Data Transfer (5)

Data Transfer: Automates the transfer of data between an organization's ERP system and its bank This feature was mentioned in 10 Clockwork.ai reviews.
Data Exchange: Streamlines the exchange of information between internal systems 10 reviewers of Clockwork.ai have provided feedback on this feature.
Reporting: Automatically extracts data required for cash forecasting and liquity reporting 10 reviewers of Clockwork.ai have provided feedback on this feature.
Access: Restricts access to certain users within an organization, or provides access for third parties This feature was mentioned in 10 Clockwork.ai reviews.
Integration: Based on 10 Clockwork.ai reviews. Integrates with other financial software, such as Treasury Management, Budgeting & Foreasting, or Invoice Management software

Financial Planning (3)

Extended Planning: Analysis that creates business plans outside of finance, including sales, marketing, or HR. This feature was mentioned in 15 Clockwork.ai reviews.
Reporting: As reported in 15 Clockwork.ai reviews. Reports on departmental KPI metrics measured against targets.
Integration: As reported in 15 Clockwork.ai reviews. Consolidates planning processes across an organization into a single solution.