Unlimited flexibility means we use it for all our GTM modelling, including the bottom-up demand gen model, sales capacity planning, budgeting, and forecasting. Before Runway, this was managed across four spreadsheets (each duplicated three times for the base, aggressive, and live scenarios). Now, it's all in one version-controlled system.
At monthly close, we get up-to-date marketing, sales, and finance data in one place to review and use for decision-making. We can quickly compare plan vs. actual and share this information with the rest of the business to help them make good decisions.
The new system has not only significantly reduced the time we spend on board pack prep, but it has also enhanced our ability to make better operational decisions. It provides us with a comprehensive understanding of the impact of our actions. For instance, we were able to assess the impact of 4 key decisions we made over the last few months by creating scenarios for each and comparing the results with our base scenario. This allowed us to prioritize the most impactful changes and anticipate potential future risks and benefits to our plan. Review collected by and hosted on G2.com.
When we first implemented Runway, it was still quite new, so there were naturally a few things to iron out during implementation (mostly around a couple of connectors to other systems). But the Runway team has been very responsive and implemented lots of our feedback very quickly Review collected by and hosted on G2.com.
23 out of 24 Total Reviews for Runway Financial
Overall Review Sentiment for Runway Financial
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Pros:
- Beautiful user interface, great software solution and working environment to spend time in. I just want to spend all day in here.
- Intuitive to use this software and learn it.
- Runway white glove support and customer-facing team members are exceptional. Clearly, Runway has done a fantastic job of acquiring top talent.
- Super responsive feedback with a dedicated Slack channel for when you get stuck, need help, etc.
- Frequent video calls to become familiar with the software and gain working proficiency. Review collected by and hosted on G2.com.
Cons:
None.
* Cautions / notes:
- I am an early user of Runway.
But, this isn't my first rodeo by any means for learning a new FP&A, accounting, or similar type of software in my career. Runway checks out as a best-in-class solution with strong people behind it.
- You get what you put in to Runway. Runway isn't going to build and maintain your stuff for you. You'll want to be a learner who will invest time to acquire efficiency. Review collected by and hosted on G2.com.
What I like best about Runway is how it stands out from typical FPA/BI tools that often just mimic Excel. Its ease of use is remarkable—I was able to set up multiple models quickly, and the forecasting options are flexible, allowing for both detailed and high-level analysis. Additionally, the implementation team is top-notch, and their customer service approach is refreshingly different from the norm in the software industry, making the overall experience exceptional. I find myself using Runway all the time. Integration was easy and seamless. Review collected by and hosted on G2.com.
I really can't find anything I dislike, but it would be nice to have a few more options to customize models i.e. bold font, underlines, etc. Review collected by and hosted on G2.com.
I've had a great experience using Runway - the live integrations have made my life so much easier and the account team has been incredibly helpful and quick to respond. Implementation was easy and we had our operating model set up in Runway in a few weeks. I've actually been able to build and run multiple financial scenarios using Runway without a dedicated FP&A team, and have even been able to hold off on hiring a contractor with this tool. Updating a finanical model after month end close doesn't suck anymore. Review collected by and hosted on G2.com.
Visualization customization can be improved, sample models in a demo environment or model best practices would be helpful Review collected by and hosted on G2.com.
Total flexibility in building our GTM models.
We no longer rely on complex and brittle spreadsheets to build our models and collaborate over them. Our board pack now runs largely from Runway and is generated at speed.
We can integrate with all the data we need across our stack; from financials, to CRM, billing providers and sheets.
The whole team has been very supportive in getting us going and working through some speed issues early on. It now runs like a breeze. Review collected by and hosted on G2.com.
Permissioning could be a little more granular. Review collected by and hosted on G2.com.
Runway Financial has transformed our startup's financial planning by automating our complex forecasting and cash management processes. The platform shines in its ability to provide real-time cash flow insights, automated modeling, and clear financial projections without the hassle of maintaining spreadsheets.
What makes Runway truly valuable is its streamlined approach to financial operations - from scenario planning to generating investor-ready reports. By integrating with our existing tools and eliminating manual work, it has allowed our team to spend less time on financial administration and more time focusing on growing our business. Review collected by and hosted on G2.com.
Looking for more capabilities that allow us to continue to scale alongside Runway Financial. Review collected by and hosted on G2.com.
- They have access to consultants who can build out your models
- It's great having different scenarios that allow you to create best/worst case scenarios to compare to your base case
- I enjoy using the charts to see trends. It also allows me to spend less time on formulas and more time on how the business is doing Review collected by and hosted on G2.com.
- More like excel than I originally thought
- There is a steep learning curve with the build, which is why I chose to use a consultant
- Ideally there'd be a 'checks' page that would automatically reconcile data sets to ensure for completeness and accuracy Review collected by and hosted on G2.com.
Their customer experience and support team went above and beyond to answer all of our questions quickly and completely.
It's a very powerful platform, and our point of contact Rishi made sure that our implementation was smooth and easy.
They've managed to build a platform that's feature rich and flexible, without feeling bloated, and still being very easy and intuitive to use.
We're a small private school, and our financial needs are very unique and atypical. We have coded our billing system in-house, and have built a complex web of API connections to CRM and HR platforms. We auditioned a wide variety of financial platforms and Runway was the only one that met our needs.
Runway has significantly decreased the amount of time we need to spend on financial modeling and projections, and has provided huge value to our business. I highly reccomend Runway for any business. Review collected by and hosted on G2.com.
Runway was still a relatively new company while we were onboarding, so we experienced a handful of glitches and hiccups during our implementation.
But their team was extremely quick to respond, and on a few occasions even built out new functionality to cater specifically to our needs.
I will also note that the platform does have a learning curve, and it took a not-insignificant amount of time to understand it. But again, their documentation and support are excellent, and after spending a week or two with the product, it became extremely intuitive. Review collected by and hosted on G2.com.
The presentation of financial data, trends and metrics is by far the best I've used. Review collected by and hosted on G2.com.
With really complex models, sometimes the speed is frustrating. The Runway team has always been helpful in suggesting better solutions and tweaks to the model though which is great. Review collected by and hosted on G2.com.
centralization of all relevant info + simple and easy way to flow into cross-functional workstreams. Customer support is also top-notch and white-glove! I see this as a tool I'lll be using on a day-to-day basis. integrations have also been fairly straightforward! Review collected by and hosted on G2.com.
I hoped the implementation would have been quicker and more comprehensive. i found there were many steps we had to hold off on as features to support get built. Review collected by and hosted on G2.com.
After evaluating others in the space, I chose to partner with Runway for their vision of an accessible and transparent financial planning tool. They have lived up to the promise: we were able to connect our stack and start modeling quickly. Once connected, the data is always fresh. It allows us to focus on modeling quality and creating scenarios rather than updating numbers. To top it off, their team is responsive and cares deeply. What else could one ask for? Review collected by and hosted on G2.com.
Nothing in particular. Like all financial planning tools, a quality implementation is an investment. Review collected by and hosted on G2.com.
