Modano
5 Reviews
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MK
Michael King
Posted 5 May 2022
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
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
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.
AB
Andrew Baker
Posted 2 Aug 2021
Financial modelling add-on - Best yet.
As CEO of myadbox.com I had been looking for the simplest way to build and maintain a financial model that helped me accurately forecast and create scenario analysis. Modano was 'that' solution.
The integration into Xero has made keeping that model up to date with actuals instantaneous.
This integration between Xero and Modano is literally a perfect match. The best in class accounting software and the best in class financial modelling automation!
RG
Remon Gazal
Posted 2 Aug 2021
Historicals, Budgeting and Forecasting - a must
I use Modano as the modelling bridge between Finance, Sales and Commercial across a number of different business (we provide strategic advisory and executive services on a partner / outsource model).
Modano's platform creates template models instantly from a module library, has smart element creation that is error-free, and a very clean and fast integration to Xero that means my models are built based on how I run my business (using actuals), and easily updated each month with a simple refresh that includes model increments.
We took over the modelling for a five entity group (SaaS) operating globally in four currencies and built a fully functional model integrated with Xero (Balance Sheet and Income Statements) for actuals and monthly refresh in four hours - this would ordinarily have taken a month and would have been riddled with errors.
The best part is that it sits on Excel and provides easy to read outputs and graphs pre-fabricated that can be used with Exec, Managers and Investors alike without any effort or building.
Couldn't rate this any higher.
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