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Riskrate

by RiskRate. · Since 2019
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ActiveAvailable globallyCloud
Quick facts
VendorRiskRate.
Year launched2019
StatusActive
LocationMaria 01 Lapinlahdenkatu, 16, Helsinki, Southern Finland 00180, FI
Countries servedGlobal
Languages3
Integrations10+
Free tier
Free trial
Contact sales

About Riskrate

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Riskrate is a robust financial reporting and forecasting software designed to streamline and automate financial processes for small and medium-sized businesses, as well as accounting and advisory firms. Its intuitive interface and powerful features make it an excellent tool for businesses looking to improve their financial management. One of Riskrate's key strengths lies in its automated report generation capabilities. By automating the creation of financial reports, Riskrate saves users significant time and effort, allowing them to focus on more strategic tasks. The platform's advanced analytics tools provide valuable insights into financial data, enabling users to identify trends, anomalies, and opportunities for improvement. Another standout feature of Riskrate is its predictive forecasting capabilities. By leveraging advanced algorithms, the software can generate accurate forecasts, helping businesses plan for the future with greater confidence. Additionally, Riskrate seamlessly integrates with various accounting software and data sources, making it easy to import and analyze financial data. The platform's collaboration tools facilitate efficient teamwork, allowing team members to work together seamlessly on financial projects.

Pros & Cons

What users like
  • +Cuts reporting production costs by 99%.
  • +Automates group consolidations across multiple entities.
  • +AI-powered insights and forecasting in seconds.
  • +Provides interactive, shareable reports.
  • +Allows unlimited team members for collaboration.
What users flag
  • Specific integrations not fully detailed.
  • Limited to CSV uploads or integrations, which may be inconvenient for some users.
  • Potential learning curve for users unfamiliar with AI-based tools.
  • No mention of mobile app support, which could limit accessibility.
  • Some users may require more customization options for complex reports.

Features

Key features

1. AI-Driven Forecasting
Generates forecasts automatically based on business trends.
2. Financial Data Analysis
Analyze large datasets quickly and deliver overviews.
3. Report Sharing
Create and share interactive, digital reports with clients effortlessly.
4. Group Consolidation
Automates multi-entity, multi-currency group consolidations.
5. Team Collaboration
Allows unlimited team members for seamless collaboration.
6. High Security
Ensures all data is encrypted in transit and at rest.

Additional features

1. Cash Forecasting
Quickly analyze cash flow and runway scenarios.
2. Actual vs Budget
Real-time comparison of actual performance versus budgets.
3. Board Reporting
Automates board-ready financial decks with a click.
4. Financial KPIs
Summarizes financial performance with key metrics.
5. Monthly Overview
Provides high-quality financial summaries.
6. Team Collaboration
Facilitates team workflows and user management.
7. Group Consolidation
Simplifies consolidation across entities and currencies.
8. Interactive Sharing
Share digital financial reports without requiring client logins.
9. Security
Advanced data encryption for security compliance.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Monthly plans

Riskrate Pro (10)

EUR 10

Countries & Languages

Global
Countries served
3
Interface languages
9
Billing currencies

Interface languages

EnglishFinnishSwedish

Billing currencies

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

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