MB

Mason B.

Senior Analyst, FP&A

Mid-Market (51-1000 emp.)

7/25/2023

"Powerful reporting and collaboration tool for all financial data"

4.5/5

What do you like best about Vareto?

Automated updates for all consolidated view financial reports.

Proactive, responsive, solution oriented customer growth managers that go above and beyond to maximize functionality.

Automoated budget vs. actual reporting with strong collaboration tools with business partners. Review collected by and hosted on G2.com.

What do you dislike about Vareto?

The financial planning module does an excellent job of pulling in actual data from prior periods that can be referenced to plan future periods, but can sometimes slow down when the workbooks become large. Review collected by and hosted on G2.com.

What problems is Vareto solving and how is that benefiting you?

Historical actuals sync directly from our accounting and CRM systems, so our plans are always based on the most up-to-date actual data. Before Vareto, we were using spreadsheets, and hardcoded historical values were vercy cumbersome to maintain and update as new periods closed, or as prior periods were modified. Vareto solves that problem.

Fast BVA reporting, and slick communication tools on the face of the reporting dashboards to collaborate with business partners. Before Vareto, all of our financial data was only accessible in the accounting system. Business partners didn't have good visibility into their department financials. Vareto allows us to give our business partners, spend owners, and department leaders useful visibility into the company's financials. This increases their awareness and accountability. Review collected by and hosted on G2.com.

UI

Verified User in Information Technology and Services

Mid-Market (51-1000 emp.)

4/19/2024

"Helpful and young software with a lot of potential"

3.5/5

What do you like best about Vareto?

1.) Vareto has been excellent with building out vendor level BvA's

2.) Vareto's customer support team has been so incredibly helpful and a joy to work with. The team is professional, responsive, motivated, and intelligent. (shoutout to Dvisha and Vince!) Review collected by and hosted on G2.com.

What do you dislike about Vareto?

It is a young software, so there is room to improve when it comes to formatting dashboards and the roll-up infrastructure of "Plans" or "Budgets". Review collected by and hosted on G2.com.

MM

Michael M.

Mid-Market (51-1000 emp.)

3/28/2024

"Next-Gen FP&A Tool"

5/5

What do you like best about Vareto?

Industry leading next generational FP&A tool. Simiplicity in report creation. Excellent customer support. Review collected by and hosted on G2.com.

What do you dislike about Vareto?

Delay timeline in the roll out of Vareto 2.0, which will fix a few convenience bugs in the system. Review collected by and hosted on G2.com.

JC

Jess C.

Director of Accounting

Mid-Market (51-1000 emp.)

5/23/2023

"Super useful tool"

5/5

What do you like best about Vareto?

Integrations to QBO - syncs easily and notifications tell us if something needs to be mapped

Divison by department and type - we have created our custom views to align with our internal and external reporting requirements, making quarter end reporting a breeze

Ability to tag other users on specific lines - similar to a highly advanced google sheets

Ease of use for internal department leaders Review collected by and hosted on G2.com.

What do you dislike about Vareto?

As a smaller company, we are only utilizing some of the functionality of Vareto. Right now it is meeting our business needs, but I am looking forward to continuing to explore the functionality available as we scale. Review collected by and hosted on G2.com.

What problems is Vareto solving and how is that benefiting you?

Period over period analysis - how did we change from month to month, by category and by department. There are so many ways to slice data which was a big limitation with QuickBooks and Excel.

Speed of decision making

Reducing redundancies

Allowing for greater time to be spent on other business needs

Reduced turnaround time for custom reporting Review collected by and hosted on G2.com.

MZ

Minghao Z.

Finance Manager

Mid-Market (51-1000 emp.)

5/10/2023

"A very good product that is constantly improving"

5/5

What do you like best about Vareto?

- Support team has been very helpful throughout the whole process

- Product is constantly improving and rolling out more features

- For a small company, we can use Vareto to do budget, forecast and monthly actual comparison instead of using Gsheet or excel

- Have stakeholder in the system to show variance Review collected by and hosted on G2.com.

What do you dislike about Vareto?

Nothing. The team has been accommodating during our implementation and has continued to improve the product daily. We are looking forward to the new features that Vareto will roll out. Review collected by and hosted on G2.com.

What problems is Vareto solving and how is that benefiting you?

As a remote-first company, we were previously using Gsheet to build out monthly template which requires a lot of time to create the model and load monthly actuals, without the live connection to QBO to capture all the changes live.

Vareto was able to help us have live data, consistent format, and host budget, forecast and actual all in one place with all the visualization that we need. Review collected by and hosted on G2.com.

NB

Nathan B.

Mid-Market (51-1000 emp.)

7/20/2023

"Vareto has made our Financial Planning and Reporting so much easier and more streamlined"

5/5

What do you like best about Vareto?

The first thing I would call out is Vareto's implementation and customer support team. They are extremely available and helpful, and have worked with us through a variety of niche cases to get our data and performance metrics set up to be easily reported on. The team is also very communicative regarding suggestions, potential issues, and future product roadmap/improvements. Review collected by and hosted on G2.com.

What do you dislike about Vareto?

The planning side is usable but sometimes feels a bit clunky in the way plans must be set up so that they feed over to the reporting side properly, though I know improving that interface is something Vareto is actively working on. Review collected by and hosted on G2.com.

What problems is Vareto solving and how is that benefiting you?

Vareto makes our reporting processes so much more streamlined and allows for us to provide easily accessible financial information and operational metrics to our business partners and leadership. The tool provides much in the way of time savings and is definitely worth the initial time investment in implementation. Review collected by and hosted on G2.com.

CW

Chris W.

Head of Finance

Mid-Market (51-1000 emp.)

4/19/2023

"Powerful FP&A tool for SaaS"

4.5/5

What do you like best about Vareto?

Budget to actuals are seamless and save countless hours moving from sheets. The collaboration functionality with stakeholders is second to none. Great visualization and customization functionality, and we can get data in from any data source making it a powerful Finance BI tool. It's built with SaaS companies in mind. The onboarding and CS team are top notch for implementation and beyond. Review collected by and hosted on G2.com.

What do you dislike about Vareto?

They are still a young product so not everything works as smoothly as it will in the future. However, they are extremely responsive to customer requests and really "get" what Finance teams will need and are building towards that. The planning functionality is still a bit immature so it takes a little extra work to set up, but the majority of our modeling is now in Vareto (revenue aside - which is expected). Review collected by and hosted on G2.com.

What problems is Vareto solving and how is that benefiting you?

Speed of month end close. We no longer spend time building or linking spreadsheets or running Netsuite JE reports/pivot tables, and instead spend our time analyzing data and working with our business stakeholders. The ability to share customized dashboards with our business partners also provides a level of transparency and data that was lacking or not possible without ad hoc analysis in the past. Review collected by and hosted on G2.com.

RS

Ramesh S.

Mid-Market (51-1000 emp.)

7/25/2023

"Awesome Product and Amazing team!"

5/5

What do you like best about Vareto?

Easy to use interface for finance and non finance users.

Vareto allows us to quickly zoom in on areas that need attention and highlight it for the business teams to take control and manage their budgets.

For the finance team, the really thoughtful and smooth integration (we are using Netsuite) makes it automatic to present BVAs without any additional work after our close.

We have received nothing but great service from their account team from the moment we signed and they have helped in every aspect of the tool's implementation and roll out to the business teams.

Their product is ever evolving and improving and new features added at breakneck speed. Great team and wonderful company to partner with. Review collected by and hosted on G2.com.

What do you dislike about Vareto?

Nothing at the moment. Keep up the good work. Review collected by and hosted on G2.com.

SB

Stefano B.

Strategic Finance Intern

Mid-Market (51-1000 emp.)

2/15/2023

"A one of a kind FP&A software platform for strategic finance"

5/5

What do you like best about Vareto?

What I find most helpful about Vareto is how easy it makes reporting for strategic finance teams. You can view all financial data in a user-friendly, completely customizable environment. You also get great personalized care from the Vareto team. They are there to help you with any issues or concerns you might have promptly. Review collected by and hosted on G2.com.

What do you dislike about Vareto?

I feel that Vareto does what I need it to do for now. But, as the company grows, I would love to have a Vareto partner give tutorials to business partners who are new to the platform. Review collected by and hosted on G2.com.

EC

Verified User in Computer Software

Mid-Market (51-1000 emp.)

5/22/2023

"Great product for finance teams!"

4.5/5

What do you like best about Vareto?

- Visualizations within Vareto are great - it's very easy to set up tables or charts that update each month automatically without a lot of effort from users

- It's easy to share financials and visuals across business counterparts and they can access their functional financials independently at any time in an easy-to-use format

- Support and customer success has been excellent in helping us get onboarded and use the product well

- Drill down ability into vendors and chart of accounts is particularly helpful to understand causes of variance Review collected by and hosted on G2.com.

What do you dislike about Vareto?

Vareto is still a young company and the product is evolving and improving. The team is very responsive and open to feedback. Two things that would be great from our perspective - 1. Weekly reports (current lowest denomination of time is a month), 2.Greater ability to build and edits models directly within Vareto (know that the team is working on this). Review collected by and hosted on G2.com.