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Modano

By Modano
5 out of 5 stars
Free trial available
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The ultimate financial modelling, forecasting, scenario analysis, and dashboard reporting tool, empowering businesses and advisors to make better decisions.
Rated
5.0
out of 5
Reviewed by
5
Xero users
Try this app
Free trial
available
Listed for
3 years
July 2021

Overview

Modano gives you a single financial model which links to Xero and automatically rolls forward each month, providing real time insights via beautiful custom dashboards.

This model is easily customized to reflect your business drivers using Microsoft Excel and includes a comprehensive income statement, balance sheet and cash flow forecast. Budget variance analysis, scenario analysis and valuations can then be added to predict strategic outcomes.

Quickly and easily consolidate multiple entities and business units, allowing for multiple currencies and eliminations.

Use and share your financial model offline using Excel or in the cloud using Excel Online or Google Sheets. You’re in control.

Modano is used by leading edge founders, CEOs, CFOs, and FP&A teams who value understanding the current, historical, and forecast performance of their business at all times.

Modano is also used by accounting firms and advisors keen to derive new, high margin, SaaS-style revenue streams while also empowering your clients with real time clarity and control over their businesses.

Our team is comprised of investment bankers, CAs and CPAs, who support thousands of dedicated businesses around the world.

Modano
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Modano + Xero

Modano seamlessly integrates with Xero by enabling business and advisors to quickly and easily import, map, and reconcile historical financial statement data, then use this data for driver-based forecasting and scenario analysis.

Once linked to Xero, financial models build using Modano automatically update when rolled forward, thereby ensuring your financial models always contain your latest Xero data.

Check out our videos for detailed tutorials on how to use Modano.

Reviews & ratings

5.0 out of 5 stars
5 Reviews

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Most recent reviews

MK
Michael King
Posted 5 May 2022
5 out of 5 stars

Seamless integration between Xero and Modano

Modano’s leading three-way modeling platform seamlessly integrates with Xero to ensure our monthly actual roll forward at literally the click of a button. This eliminates all manual data entry and allows us to focus our time and energy on deriving valuable insights from our financial statements. And the consolidated reporting functionality and data visualisation dashboards within Modano are simply beautiful!
KA
Keshia Abeysekera
Posted 4 Aug 2021
5 out of 5 stars

Hours of valuable time saved

For years we have had to manually enter our monthly Xero data into our budgeting and planning model. Live linking this process saves us hours of data entry each month.
JL
James Longden
Posted 3 Aug 2021
5 out of 5 stars

Love the scenario analysis

This is first app I’ve found that allows me to run driver based what-if-analysis on my business and compare the outcomes of different scenarios side-by-side. A real game changer! It’s also great to have a proper balance sheet and cash flow forecast.

Additional info

Shared data

Xero
Modano
Accountsshared from Xero to Modano
Reportsshared from Xero to Modano

Functions

ReportingAccountant tools

Industries

FranchiseAccounting

App details

By Modano
Added in 2021

Countries

Australia, Canada, Global, Hong Kong, Indonesia, Ireland, Malaysia, New Zealand, Philippines, Singapore, South Africa, United Kingdom, United States

Languages

English

Support

Setup walkthroughContact supportsupport@modano.com

Follow

LinkedIn

Try Modano for free

Although Xero reviews each app in the Xero App Store, we can’t give any guarantees. It’s up to you to assess the performance, quality and suitability of any app before going ahead.