Overview
Finmark takes the guesswork out of building a customized financial model. Finmark takes complex financial concepts and calculations and distills them down into a simple to use dashboard so startup founders and finance leaders can easily create and share their financial plans, manage burn rate and cash, forecast revenue and expenses, and plan for fundraising.
Take assumptions for a test drive with scenario planning and comparison, get accurate and up-to-date insight into key metrics like runway and burn rate, and easily share and collaborate on your model with team members and investors.
Finmark + Xero
Finmark seamlessly integrates with Xero to pull all your expenses and chart of accounts. You connect once and Finmark automatically syncs all expenses moving forward, keeping your actuals updated with no manual entry. You can view your historical actuals, profit and loss summary, and adjust your forecast. Finmark allows you to individually forecast any expense coming from Xero using multiple forecast methods.
Getting started
Finmark makes it easy to set up and manage your expense actuals and budget in your financial model. Connect and watch the magic happen!
- Log in to your Finmark company
- Go to your profile>settings>scroll down to Integration section to connect Xero
- Once connected you will redirect back to your Finmark account
- You will now see your expense actuals in the actuals section of Finmark and the list of the expenses by category in the expense section for budgeting
- You have full control over how you want to organize the expenses in your financial model
- We have a robust feature set to allow you to forecast budget by category, vendor, or even item description. You can even tag payroll expenses to automate and reconcile your payroll expenses in your actuals.
- Once you have set up and organized your budget, you will be able to create scenarios, easily visualize your key metrics, and share with your team and investors
