Clockwork logo

Clockwork

by Clockwork · Since 2018
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ActiveAvailable globallyCloud
Quick facts
VendorClockwork
Year launched2018
StatusActive
LocationBoston, Massachusetts, United States
Countries servedGlobal
Languages1
Integrations12+
Free tier
Free trialYES
Contact sales

About Clockwork

Clockwork is a FP&A software/platform from Clockwork that provides advanced financial planning and analysis capabilities. It includes an agentic FP&A analyst, immediate access to the data, and Excel-free functionality so users can forecast quickly and efficiently. Users can start forecasting with their data in just 3 minutes, allowing them to save hours of manual work each day. The platform is purpose-built for finance and accounting teams, ensuring that they have the tools they need for effective decision-making. Key capabilities: agentic FP&A analyst customizable account immediate data access advanced forecasting strategies Excel-free functionality Best for: finance and accounting professionals that need efficient FP&A solutions.

Clockwork is a robust financial planning and analysis (FP&A) software that empowers businesses to streamline their financial operations and make data-driven decisions. Its user-friendly interface and intuitive design make it accessible to users of all technical backgrounds. The platform offers a comprehensive suite of features, including financial modeling, cash flow forecasting, scenario planning, custom metrics, reporting, and seamless integration with popular accounting software like QuickBooks and Xero. One of the key strengths of Clockwork is its ability to handle complex financial analysis tasks with ease. Its powerful financial modeling capabilities allow users to create sophisticated models to forecast future performance and assess the impact of different scenarios. The platform's cash flow forecasting feature provides valuable insights into cash inflows and outflows, helping businesses optimize their liquidity. Additionally, Clockwork's custom metrics functionality enables users to define and track key performance indicators that are specific to their business needs. Clockwork is available as a cloud-based solution, which means it can be accessed from any device with an internet connection.

Pros & Cons

What users like
  • +Seamless integration with accounting platforms like QuickBooks Online and Xero, providing automatic updates and saving time.
  • +User-friendly interface with intuitive features such as scenario planning and visual dashboards for cash flow and financial insights.
  • +Exceptional customer support that is responsive, knowledgeable, and approachable.
  • +Saves significant time in forecasting, planning, and financial modeling compared to manual or spreadsheet-based methods.
  • +Offers detailed visibility and transparency into financial performance, both past -and projected, with customizable reports.
What users flag
  • Limited reporting options, such as no yearly actual vs. forecast graphs, requiring additional tools for full analysis.
  • Early syncing issues with platforms like Xero and QuickBooks, though these are resolved quickly by the support team.
  • Advanced calculations and assumptions can be buggy or difficult to modify for certain use cases.
  • Some users find the wide array of features overwhelming at first due to the learning curve.
  • Monthly assumption adjustments and edits can be cumbersome for unique or startup-specific forecasting scenarios.

Features

Key features

1. Financial Dashboard - A real-time overview of financial health directly integrated with QuickBooks or Xero.
2. Financial Modeling - Build, manage, and customize 3-statement models in minutes.
3. Cash Flow Forecasting - Weekly breakdown of year-long cash flow predictions.
4. Scenario Planning - Plan for best, worst, and base case situations with ease.
5. Integrations - Seamless integration with QuickBooks and Xero.

Additional features

1. Financial Dashboard - Real-time visibility into financial data.
2. Financial Modeling - Quick and efficient modeling for cash flow and finances.
3. Headcount Planner - Plan and optimize workforce needs.
4. Cash Flow Forecasting - Comprehensive insights into cash flow over a year.
5. Balance Sheet Forecasting - Future financial position insights.
6. Custom Metrics - Focus on key metrics for better analysis.
7. Scenario Planning - Prepare for various financial scenarios effectively.
8. Reporting - Create professional financial reports quickly.
9. Integrations - Supports QuickBooks Online, QuickBooks Desktop, and Xero.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Monthly plans

Insight

USD 48

Predict

USD 399

Ultimate

USD 799

Countries & Languages

Global
Countries served
1
Interface languages
1
Billing currencies

Interface languages

English

Billing currencies

🇺🇸USD

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