[ Vareto Reviews ](https://www.g2.com/products/vareto/reviews) [ Vareto Reviews ](https://www.g2.com/products/vareto/reviews) # Vareto Features ##### ## Reports (15) Reports Interface Reports interface for standard and self-service reports is intuitive and easy to use. Steps to Answer Requires a minimal number of steps/clicks to answer business question. Graphs and Charts Offers a variety of attractive graph and chart formats. Score Cards Score cards visually track KPI's. Dashboards Provides business users an interface to easily design, refine and collaborate on their dashboards Customizable Reports Alter the layout and content of reports Marketing Reports Reports specific to marketing and associated campaigns Sales Reports Reports specific to sales analysis for trends and strategies Activity Dashboard Dashboard to view the status of ongoing processes, identify current incidents and track past activities Interactive Reports Edit and personalize data view as needed Customizable Reports Alter the layout and content of reports Customizable Reports Alter the layout and content of reports Reports Interface Reports interface for standard and self-service reports is intuitive and easy to use. Share Reports Receive email reports and notifications regarding metrics. Steps to Answer Requires a minimal number of steps/clicks to answer business question. Show More ##### ## Data Updates (8) Historical Snapshots Ability to track historical data. Real-Time Updating Track metrics in real time with consistent and frequent updates. Email Reports Receive email reports and notifications regarding metric. Customizable Reports Alter the layout and content of reports Predictive Analytics Predict future data based on historical data sets Data Management Ability to handle large datasets Historical Snapshots Ability to track historical data. Real-Time Updating Track metrics in real time with consistent and frequent updates. Show More ##### ## Financial Insight (4) Budgeting 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. 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 Show More ##### ## Data (5) Data Visualization Offers methods of visualizing data via customizable dashboards, statistical graphs, and charts. Data Analysis Scours data for actionable insights. Custom Reporting Allows users to customize their own reports according to business needs. 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 Show More ##### ## Status Communication (5) Collaboration Allows for searchable communication within the tool via notes, checklists, and discussions to ensure clarity between users. Version Control 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. 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 Show More ##### ## 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 Versioning 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 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 Show More ##### ## Budget Management (3) 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 Show More ##### ## Forecasting (6) 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) AI Uses AI algorithms and models to predict future trends and outcomes, based on historical data and patterns Generative AI Use AI to generate content in the form of text, images, videos, etc. Show More ##### ## 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 Show More ##### ## Data Management (3) Data Import Financial information can be imported from multiple sources such as spreadsheets, text files, or databases Data Consolidation Data from multiple systems can be centralized into a single repository Data Validation Financial data can be validated to avoid duplicates and errors Show More ##### ## Reporting Structure (3) Reporting Hierarchy Administrators can define and manage the reporting structure and access rights to each report Report Templates 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 Show More ##### ## Standard Analytics (4) Standard KPIs Include most common financial KPIs such as gross and net profit margin, or working capital Standard Reports Standard financial reports are provided out of the box Financial Statements 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 Show More ##### ## Custom Analytics (5) Dashboards Dashboards can be customized to display different types of data from various sources Custom KPIs Users can modify standard financial KPIs and metrics Custom Reports Allow users to edit reports and to combine multiple reports Self Service A dedicated portal for external users with limited access to the system Multiple Entities Monitors the financial performance of multiple entities Show More ##### ## 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 Show More ##### ## Visualization (7) Graphs and Charts Offers a variety of attractive graph and chart formats. Score Cards Score cards visually track KPI's. Dashboards Provides business users an interface to easily design, refine and collaborate on their dashboards Formats Allows one to create and export visualization into various formats (PNG, JPEG, etc.) Mobile Dashboards View and present dashboard on mobile devices Public Dashboards Publish dashboard publicly on various platforms Private Dashboards Share dashboard screen within private user groups Show More ##### ## Collaboration (3) Sharing Provides the ability to easily share visualizations. Co-Editing Allows multiple users to edit and create visualizations together. Devices Has the ability to edit visualization across devices and device types (e.g. computer and phone). Show More ##### ## Generative AI (3) AI Text Generation Allows users to generate text based on a text prompt. AI Text Summarization Condenses long documents or text into a brief summary. Generative AI Use AI to generate content in the form of text, images, videos, etc. Show More ##### ## 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 Show More ##### ## 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 Show More ##### ## Agentic AI - Financial Analysis (2) Cross-system Integration Works across multiple software systems or databases Decision Making Makes informed choices based on available data and objectives Show More ##### ## Additional Functionality (135) 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 KPI Monitoring Tracking the status of previously identified performance measurements Secure Data Storage Securely stores data to prevent data loss or breaches Multiple Data Sources Allows users to manage data from a number of sources Data Visualization Graphical representation of data Single Sign On Allow users to access multiple services after entering their login credentials once Natural Language Search Ability to interact with the application using human languages such as English Search/Filter Search and filter data across systems to locate required information by entering keywords or certain criteria Alerts/Notifications Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges AI Copilot A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users Real-Time Notifications Notifications that are delivered to users as soon as an event occurs Collaboration Tools Provides a channel for team members to share media files, communicate, and work together Widgets An extended application or connector that enables users to perform additional services with their current set of tools Performance Metrics A set of indicators that tracks the performance of networks, applications, systems, teams, etc. Ad hoc Reporting Generate one-off reports that meet information requirements Activity Tracking Track and document all activities across devices, networks, and other systems Reporting/Analytics View and track pertinent metrics to find patterns and gain insights from data Customizable Branding Add customized logos and colors to align with company branding Data Aggregation Collect, process and structure data from multiple sources for further analysis Dashboard Creation Creation and customization of dashboards Data Connectors Connect to big data sources Customizable Templates Pre-designed layouts that can be customized to match preferences and requirements Data Synchronization Synchronizing data between two or more devices/systems and automatically updating changes to maintain consistency API Application programming interface that allows for integration with other systems/databases Forecasting Form predictions based on past and present data/trends Interactive Elements Various components within a system including buttons, clickable icons, hover effects, and more Single Page View Display aggregated data points on one page for a bird's eye view assessment Data Import/Export Import and export data to and from software applications Drag & Drop Assemble applications and processes by dragging over and arranging pre-built components Access Controls/Permissions Define levels of authorization for access to specific files or systems Trend Analysis Review data from past periods to reveal recurring tendencies and predict future performance Workflow Management Create, design and manage workflows for repetitive tasks Third-Party Integrations Set up connections to third-party platforms to improve business processes Functions/Calculations Perform various mathematical calculations using the data Historical Reporting Information, data and reports that are being tracked over time Data Capture and Transfer Import, collect, and capture data from multiple sources Visual Discovery Process of visually navigating data and applying analytics to detect patterns, gain insight, and answer specific business queries. Real-Time Updates Receive system updates as soon as any changes are made Real-Time Reporting Active reporting of data and metrics Data Mapping Track the management and flow of data throughout the organization Relational Display Relationship diagram view that arranges items in data based on the relationships between them in a freeform graph. Visual Analytics Interact with data visualization elements, such as charts and graphs, to drill down into data OLAP Online Analytical Processing technology for performing high-speed complex queries or multidimensional analysis on large volumes of data Ad hoc Query One-off queries made on an as-needed basis Reporting & Statistics Collection, analysis, and representation of numerical data and generation of reports to understand various patterns Show More ## Top-Rated Alternatives [ ![Planful](https://images.g2crowd.com/uploads/product/hd_favicon/16a6704a16942ceac536b5b6fd3f7514/planful.svg "Planful") Planful 4.3/5(507) ](https://www.g2.com/products/planful/reviews) [ ![Vena](https://images.g2crowd.com/uploads/product/hd_favicon/1dfe2ea86a9d8b17089b0a950f659036/vena.svg "Vena") Vena 4.5/5(479) ](https://www.g2.com/products/vena/reviews) [ ![Datarails](https://images.g2crowd.com/uploads/product/hd_favicon/8bdd3486c6848acec3623fd0b3aee980/datarails.svg "Datarails") Datarails 4.6/5(370) ](https://www.g2.com/products/datarails/reviews) [ View All Alternatives ](https://www.g2.com/products/vareto/competitors/alternatives) ## Technology Glossary Features View full feature definition View definitions of the features and discover new technology terms. [View Glossary](/glossary) [Dashboard](/glossary/dashboard-definition) What is a dashboard and why is it important as a software feature? Our G2 guide can help you understand dashboards and learn more about its types, benefits, and best practices. [Financial Statements](/glossary/financial-statements) Financial statements provide an overview of a company's financial performance. Learn more about financial statements, financial audit software, and how G2 can help you make the best decision for your business. 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