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Clokwork

by Clokwork · Since 2018
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ActiveAvailable globallyCloud
Quick facts
VendorClokwork
Year launched2018
StatusActive
LocationBoston, MA US
Countries servedGlobal
Languages13
Integrations
Free tier
Free trial
Contact sales

About Clokwork

Clokwork is a financial planning and analysis (FP&A) software platform from Clokwork that provides an agentic FP&A analyst built into the custom account for immediate answers and actionable insights. It combines AI-native functionality, built-in data analysis, and user-friendly interfaces so that finance professionals can start forecasting with their data in just 3 minutes. This platform is purpose-built for finance and accounting, allowing users to reclaim hours in their day by using the insights provided by their always-ready AI FP&A analyst. Key capabilities: agentic FP&A analyst data-driven forecasting Excel-free workflow actionable insights time savings Best for: finance and accounting professionals that need efficient financial planning and analysis solutions.

Clokwork by Clokwork is a comprehensive financial reporting and analytics software designed to streamline financial management, improve decision-making, and enhance visibility into business performance. The primary goal of Clokwork is to automate complex financial reporting processes, reduce human error, and provide real-time insights into an organization’s fiscal health. Its key features include customizable financial dashboards, automated data consolidation, expense tracking, forecasting tools, and advanced financial statement generation — all aimed at empowering finance teams to make accurate, data-driven decisions. The user interface of Clokwork is modern, clean, and highly intuitive. It features a dashboard that provides quick access to essential financial metrics such as revenue trends, profit margins, and budget utilization. The design uses clear visual elements like charts and graphs to make financial data easy to interpret, even for non-finance professionals. Navigation is seamless, allowing users to move effortlessly between modules like reporting, analysis, and forecasting. This simplicity reduces onboarding time and enhances overall user productivity. In terms of functionality and features, Clokwork stands out for its automated financial reporting engine and AI-driven analytics.

Pros & Cons

What users like
  • +Integrates and is ready to use quickly with no implementation.
  • +Leverages an AI analyst (Mira) for immediate business answers.
  • +Creates accurate cash flow and financial forecasts in minutes.
  • +Eliminates traditional, manual, and error-prone spreadsheet work.
  • +Seamlessly connects with major accounting and payroll systems.
What users flag
  • The monthly subscription price may be high for very small businesses.
  • Some users may desire an API for broader, custom integrations.
  • May be difficult to input simple, one-off changes into the model.
  • May not be suitable for very large, complex enterprise organizations.
  • AI-native platforms may require users to adapt to new workflows.

Features

Key features

Agentic FP&A Analyst (Mira)
Mira is an AI analyst that answers business questions instantly, acting as a proactive virtual partner.
No Implementation Required
The software is advertised to be set up in minutes without a complex, time-consuming implementation process.
AI-Native, Excel-Free Platform
It is specifically built on AI technology, moving away from traditional, error-prone, spreadsheet-based workflows.
Cash Flow Forecasting
Provides a unique year-long view of your cash flow, broken down weekly for precise liquidity management.
Seamless Accounting Integrations
Connects directly with QuickBooks Online, QuickBooks Desktop, Xero, and major payroll providers in minutes.
Financial Modeling & Scenario Planning
Users can build a financial model and create unlimited "what-if" scenarios instantly to test business decisions.

Additional features

Financial Dashboard
Quickly gives users a pulse on their financial health and key metrics straight from their accounting system.
Financial Modeling
Helps manage, plan, and predict business changes in minutes using mathematical representations of the company.
Mira - Your AI FP&A Analyst
Serves as an always-ready AI analyst to answer any financial and business-related questions immediately.
Headcount Planner
Allows for effortless planning and optimization of the workforce to meet business goals.
Cash Flow Forecasting
Offers a comprehensive, weekly, year-long prediction of cash flow and overall financial position.
Balance Sheet Forecasting
Provides insights into the future financial position through comprehensive balance sheet projections.
Custom Metrics
Users can focus on analyzing their most important financial and non-financial metrics without manual calculation.
Scenario Planning
Gives users the control to plan for all types of "what-if" situations and assumptions in minutes.
Reporting
Enables the quick creation of professional reports to support informed decision-making.
Integrations
Connects seamlessly with QuickBooks Online, QuickBooks Desktop, Xero, and major payroll providers.
Security & Compliance
Maintains a high standard, as indicated by the SOC2 TYPE II COMPLIANT badge.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Monthly plans

Scale

USD 1

Growth

USD 2

Start

USD 699

Countries & Languages

Global
Countries served
13
Interface languages
10
Billing currencies

Interface languages

EnglishSpanishFrenchGermanItalianPortugueseDutchRussianJapaneseChineseKoreanArabicHindi.

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇯🇵JPY🇦🇺AUD🇨🇦CAD🇨🇭CHF🇨🇳CNY🇸🇪SEK🇳🇿NZD

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