Solver Features

Financial Insight (3)

Budgeting: Based on 123 Solver reviews and verified by the G2 Product R&D team. Uses collected data to assist organizations in understanding what they can afford now, and in years to come.
Forecasting: Based on 113 Solver reviews and verified by the G2 Product R&D team. Creates a continuous and recurrent planning process that can be calculated according to a specified and customizable timeline.
Planning: Based on 115 Solver reviews and verified by the G2 Product R&D team. Leverages data from budgeting and forecasting processes to help corporations understand their reality and make decisions accordingly.

Data Visualization: Based on 111 Solver reviews and verified by the G2 Product R&D team. Offers methods of visualizing data via customizable dashboards, statistical graphs, and charts.
Data Analysis: Based on 122 Solver reviews and verified by the G2 Product R&D team. Scours data for actionable insights.
Custom Reporting: Based on 133 Solver reviews and verified by the G2 Product R&D team. Allows users to customize their own reports according to business needs.
Reporting Templates: Based on 127 Solver reviews and verified by the G2 Product R&D team. Provides pre-built reporting templates to organize data for payroll, manufacturing, and other company factions.

Collaboration: Based on 102 Solver reviews and verified by the G2 Product R&D team. Allows for searchable communication within the tool via notes, checklists, and discussions to ensure clarity between users.
Version Control: Based on 103 Solver reviews and verified by the G2 Product R&D team. Reflects updates immediately, ensuring users have the most recent data while maintaining records of past performance.
Real-Time Data Updates: Updates varying factors in real-time, assuring forecasts and inferences are continually made according to the most recent information. This feature was mentioned in 106 Solver reviews.
Scorecards: Based on 82 Solver reviews and verified by the G2 Product R&D team. Displays and shares company performance data to increase transparency across the board.

Data Import: Import trial balance, monthly P&L, balance sheets, and other types of financial data 89 reviewers of Solver have provided feedback on this feature.
Budget Hierarchies: As reported in 84 Solver reviews. Define budget structure elements and how they are linked hierarchically
Versioning: Keeps track of all versions of a budget and allows users to compare versions This feature was mentioned in 82 Solver reviews.
Formulas: Based on 94 Solver reviews. Include budgeting formulas to estimate direct and indirect costs, operating and non-operating revenues
What-If: As reported in 79 Solver reviews. 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) 90 reviewers of Solver have provided feedback on this feature.

Consolidation: Based on 83 Solver reviews. Consolidate multiple budgets from different departments or business entities
Adjustments: Users with administrative access rights can modify budgets This feature was mentioned in 82 Solver reviews.
Workflows: Workflows are used to define the steps required to alter budgets and who needs to approve changes 80 reviewers of Solver have provided feedback on this feature.

Historical Data: Forecasting is based on past transactions and historical financial or operational data 92 reviewers of Solver have provided feedback on this feature.
Reforecast: Ability to recreate forecasts to include new information that may impact budgets 82 reviewers of Solver have provided feedback on this feature.
Forecast Types: Support multiple types of forecasts such as balance sheet and cash flow forecasts 81 reviewers of Solver have provided feedback on this feature.
Rolling Forecasts: Used to review and update budgeting assumptions for a predefined period (usually one year) 77 reviewers of Solver have provided feedback on this feature.
AI: As reported in 48 Solver reviews. Uses AI algorithms and models to predict future trends and outcomes, based on historical data and patterns

Variance Analysis: As reported in 88 Solver reviews. 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 84 reviewers of Solver have provided feedback on this feature.
Forward Looking: Based on 77 Solver reviews. Forward-looking Balance Sheet and Cash Flow Statements are synchronized with GL data

Extended Planning: Based on 58 Solver reviews and verified by the G2 Product R&D team. Analysis that creates business plans outside of finance, including sales, marketing, or HR.
Reporting: Based on 66 Solver reviews and verified by the G2 Product R&D team. Reports on departmental KPI metrics measured against targets.
Integration: Based on 63 Solver reviews and verified by the G2 Product R&D team. Consolidates planning processes across an organization into a single solution.