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MC FLO

by MC FLOsim · Since 2018
No reviews yet
ActiveAvailable globally
Quick facts
VendorMC FLOsim
Year launched2018
StatusActive
LocationMeisenweg 7, 3110 Münsingen, Switzerland
Countries servedGlobal
Languages3
Integrations1+
Free tierNO
Free trialYES
Contact salesYES

About MC FLO

MC FLO is an Excel add-in for Windows that facilitates decision-making through Monte Carlo simulations.

MC FLO is a specialized Excel add-in for Windows designed to perform Monte Carlo simulations for risk analysis, corporate planning, and project management. Developed by MC FLOsim, it integrates directly into Microsoft Excel, allowing users to build and run complex models within a familiar spreadsheet environment. The software supports a wide array of statistical distributions, time series models, and correlation definitions to enhance model accuracy. Key features include Bayesian inference, automated forecasting, and various visualization tools like tornado charts and spider diagrams to interpret results. It is positioned as a user-friendly and transparent tool for controllers, engineers, and analysts. The product is available through single-user or corporate licenses, with a 10-day free trial offered. Support is available via email, and the website provides video tutorials and a detailed FAQ section.

Pros & Cons

Pros
  • Fully integrated into Microsoft Excel for Windows, providing a familiar environment for users.
  • Offers a comprehensive set of statistical tools, including numerous distributions, time series models, and Bayesian analysis.
  • Provides a 10-day fully functional free trial to test the software.
  • Focuses on transparency and auditability by allowing users to inspect individual simulation iterations.
  • No complex installation routine is required; it runs as a simple Excel add-in.
Cons
  • The software is only available for Microsoft Excel on Windows, with no support for Mac or other platforms.
  • The online shop for purchasing licenses is primarily in German, which may be a hurdle for non-German speakers.
  • Does not offer live chat or phone support options.

Features

Key features

Monte Carlo Simulation

Enables users to perform complex simulations directly within Microsoft Excel to analyze potential outcomes and make informed decisions.

Statistical Distributions

Offers a wide range of continuous (18) and discrete (7) distributions for modeling various types of uncertainty.

Time Series Modeling

Includes 5 time series processes (e.g., AR, MA, ARMA) for forecasting and analyzing time-dependent data.

Correlation and Dependency Modeling

Allows users to define correlations between input variables to create more realistic models.

Bayesian Inference

Incorporates Bayesian analysis, including linear regression and classification, to learn from data and update models.

Data Analysis Tools

Features built-in tools like Kernel density estimation, Benford analysis for fraud detection, and portfolio composition.

Result Visualization

Generates standardized charts such as histograms, cumulative distributions, tornado charts, and spider diagrams for result analysis.

Additional features

Full Excel Integration

Operates as a native Excel add-in, ensuring fast calculations and compatibility with existing workbooks.

Scenario Analysis

Supports the definition and comparison of real, worst-case, and best-case scenarios.

Auditability

Allows users to load any specific iteration back into the model to understand and verify calculation logic.

Multiple Simulation Runs

Capable of running simulations on multiple workbooks simultaneously and presenting results with Box-Whisker plots.

Decision Information Package (DIP)

Registers simulation results as a vector, enabling further stochastic calculations using standard Excel functions.

AI Mentor

Provides AI-powered answers and insights about the user's model, including distributions and variable influences.

Custom Distributions

Allows users to define their own custom distributions for modeling unique variables.

Batch Functionality

Supports automated forecasting and simulation runs through a batch function for increased efficiency.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
3
Interface languages
—
Billing currencies

Interface languages

EnglishGermanSpanish

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