Show rating breakdown
Save to My Lists
Claimed
Claimed

CALUMO Reviews & Product Details

Verified User in Real Estate
AR
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about CALUMO?

Ease of use and simple creation of web reports Review collected by and hosted on G2.com.

What do you dislike about CALUMO?

Not much really - security model can be a little confusing (but that is common to most software solutions!) Review collected by and hosted on G2.com.

What problems is CALUMO solving and how is that benefiting you?

End of of monthly financial reporting.

Consolidations.

Budgeting and forecasting.

Reduction in headcount for reporting and also timeframe. Review collected by and hosted on G2.com.

CALUMO Overview

What is CALUMO?

Calumo is cloud-based financial performance and analysis (FP&A) software that helps businesses streamline their budgeting, forecasting, reporting, and analysis processes. With Calumo, business users can access real-time data from various sources, create interactive dashboards and visualizations, and collaborate with team members through a web browser or Microsoft Office applications. With features such as scenario planning, data modeling, data integration, workflow management, and security and compliance, Calumo helps businesses improve their decision-making, reduce costs, and increase efficiency. Customers appreciate Calumo’s ease of use, flexibility, and integration with Excel.

CALUMO Details
Discussions
CALUMO Community
Languages Supported
English
Show LessShow More
Product Description

Calumo is cloud software that simplifies internal financial reporting and budgeting for accountants.


Seller Details
Seller
Calumo
Year Founded
1996
HQ Location
Australia - Sydney, Brisbane, Melbourne. USA - Dallas, Texas, AU
Twitter
@CALUMO
162 Twitter followers
LinkedIn® Page
www.linkedin.com
6 employees on LinkedIn®

Warwick L.
WL
Overview Provided by:
COO at CALUMO

Recent CALUMO Reviews

SN
Sam N.Mid-Market (51-1000 emp.)
4.5 out of 5
"A complex but extremely useful software for the management of any business"
It is a one-of-a-kind driver-based forecasting software that has been instrumental in managing our business. Calumo has amazing analytical capabili...
Jim W. R.
JR
Jim W. R.Enterprise (> 1000 emp.)
4.5 out of 5
"Calumo has helped us gain accounting visibility with Executives and Operations"
It gives us the ability to present data both in a tabular and graphical format which is needed for financial reporting and business analytics.
Lucas R.
LR
Lucas R.Enterprise (> 1000 emp.)
3.5 out of 5
"Dynamic reporting tool. Great for driver-based rolling forecast"
The pre-set (bespoke) reports, enabling data to be submitted to cubes such as forecasting. Driver-based forecasting is critical in organisations, b...
Security Badge
This seller hasn't added their security information yet. Let them know that you'd like them to add it.
0 people requested security information

CALUMO Media

CALUMO Demo - Dashboarding
Visually attractive reports and dashboards are a must for any reporting and budgeting environment. CALUMO delivers with beautify and easy to use interactive charts.
CALUMO Demo - CALUMO Architecture Diagram
CALUMO is a single environment for all your budgeting and reporting needs. Data is loaded into CALUMO from your source systems as required. Data is also collect from people when budgeting and forecasting.
CALUMO Demo - Ad-Hoc Analytics
Users can make their own data discoveries with CALUMO Data Explorer. A comprehensive data slice and dice tool for searching, sorting and laying out data in any shape instantly.
CALUMO Demo - Dashboarding
CALUMO users aren't tied to any strict formats or layouts for reports, input templates or dashboards.
CALUMO Demo - Planning Sample
CALUMO's powerful business modelling capability gives users the power to enter their data and see consolidated results instantly.
CALUMO Demo - Financial Statements
Beautiful looking Financial Reports and are built by users quickly and in any layout they choose so they can get their job done fast, with numbers they trust.
Answer a few questions to help the CALUMO community
Have you used CALUMO before?
Yes

20 out of 21 Total Reviews for CALUMO

4.3 out of 5
The next elements are filters and will change the displayed results once they are selected.
Search reviews
Popular Mentions
The next elements are radio elements and sort the displayed results by the item selected and will update the results displayed.
Hide FiltersMore Filters
The next elements are filters and will change the displayed results once they are selected.
The next elements are filters and will change the displayed results once they are selected.
20 out of 21 Total Reviews for CALUMO
4.3 out of 5
20 out of 21 Total Reviews for CALUMO
4.3 out of 5

Overall Review Sentiment for CALUMOQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
Log In
Want to see more insights from verified reviewers?
Log in to view review sentiment.
G2 reviews are authentic and verified.
SN
Senior Graphic Designer
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about CALUMO?

It is a one-of-a-kind driver-based forecasting software that has been instrumental in managing our business. Calumo has amazing analytical capabilities, the efficiency is high and the reports we generate play an important role in projections and decision making within the organization. It is amazing how useful it is for tracking KPIs, financials and other important aspects of our business. I like the monthly rolling forecast and budgeting processes that this tool integrates, it allows us to have more control of income and expenses. The presentation of data in tabular form as graphs is another quality that I liked about this software. Review collected by and hosted on G2.com.

What do you dislike about CALUMO?

It is software that involves a fairly steep learning curve, but at the same time fair for all the benefits that can be obtained once it is overcome. It is not the most dynamic software on the market. Its user interface does not have the best design. Review collected by and hosted on G2.com.

Recommendations to others considering CALUMO:

It is a tool with amazing qualities when analyzing data, generating reports and forecasting multiple facets of your business; from KPI to financials and much more. It includes a fair learning curve, it takes a little time to adapt but I assure you it will be worth it. The impact of this software in my organization has been positive and we are happy to make it acquired. Review collected by and hosted on G2.com.

What problems is CALUMO solving and how is that benefiting you?

Calumo has helped us to better visualize and understand the functioning of our organization and the results obtained over time, always basing its results on the collection and analysis of data from our systems. Calumo has also helped us to have a broad projection of our business finances thanks to its monthly rolling forecast function and the interpretation of data in the reports it generates, allowing us to get a step ahead and devise the right strategies for improvement. Calumo's customer service team is good, showing a lot of responsiveness when required. Monitoring KPIs, financials and other aspects of our business is now much easier and faster, it is a must-have software for our organization today. Review collected by and hosted on G2.com.

Lucas R.
LR
Manager Financial Planning and Analysis
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about CALUMO?

The pre-set (bespoke) reports, enabling data to be submitted to cubes such as forecasting. Driver-based forecasting is critical in organisations, but a full excel-based model, pulling data from various systems, running the calculations within Excel to arrive at metrics for forecasting is heavy in performance and data, prone to errors and easy to get corrupted. Calumo facilitates this, running the calculations within the data warehouse and pulling the pre-calculated metrics and KPIs for easy reference and use in a rolling forecast. In addition, there were pre-set reports enabling what-if analysis in test databases, pulling in actual historical data, allowing for dynamic business modelling and strategic partnership with the business units. Review collected by and hosted on G2.com.

What do you dislike about CALUMO?

Creating new reports in excel is heavy in syntax and there is a fair learning curve. If certain dimensions are missed within the syntax, depending on the complexity of the report, they are hard to locate and rectify. Similar market tools are significantly more dynamic when it comes to creating your own excel reports for ad-hoc, quick financial modelling and analysis. Review collected by and hosted on G2.com.

Recommendations to others considering CALUMO:

Assess integration of Calumo to new BI tools such as PowerBI and Tableau, significantly powerful in the fast evolving Data & Analytics space. True integration of ERP, reporting and BI tools are critical for succesful digital transformation. Review collected by and hosted on G2.com.

What problems is CALUMO solving and how is that benefiting you?

Throughout 9 years in my prior organisation, Calumo was the primary reporting tool for all finance-related reports and insights. EOM P&L and Balance sheet reports were used. With its ability to drill through individual revenue and expense lines, connected to the organisations accounting ERP, it provided quick insight into critical details. The monthly rolling-forecast and yearly budgeting process were also done in Calumo, which in my view was its best attribute. An easy to run driver-based rolling forecast, enabling collaboration and participation from business units and a true partnership between finance and business for strategic reviews. Review collected by and hosted on G2.com.

Jim W. R.
JR
Director of Planning and Analysis
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about CALUMO?

It gives us the ability to present data both in a tabular and graphical format which is needed for financial reporting and business analytics. Review collected by and hosted on G2.com.

What do you dislike about CALUMO?

It seems like we aren't a very high priority with Calumo, but when we do get resources allocated to us, it is very good. Review collected by and hosted on G2.com.

Recommendations to others considering CALUMO:

Customization and ease of building reports is great. Review collected by and hosted on G2.com.

What problems is CALUMO solving and how is that benefiting you?

Reporting financials and reporting KPIs to management. Higher visibility has solved many operational problems. Review collected by and hosted on G2.com.

MR
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about CALUMO?

Ability to sit over multiple databases. We are able to report daily and monthly on financial and non-financial indicators. Able to perform fast ad-hoc self service queries and generate standard reports where other users can refresh as needed. Reporting is able to be combined with excel, making results more powerful. Review collected by and hosted on G2.com.

What do you dislike about CALUMO?

Nothing, other than at first the number of measures and data fields can be a bit overwhelming. However after more familiarity with these, ad hoc data queries are extremely simple and fast. Review collected by and hosted on G2.com.

Recommendations to others considering CALUMO:

The team at Calumo are very responsive and always keen to implement enhancements and improve the user experience. Review collected by and hosted on G2.com.

What problems is CALUMO solving and how is that benefiting you?

More insight to root causes of issues. Ability to address issues as they arise. Ability to report and view data that was very difficult to obtain from source systems. Review collected by and hosted on G2.com.

Christopher W.
CW
Solutions Engineer Strategist
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about CALUMO?

Custom reports that auto-refresh are indispensable. Go from updating countless spreadsheets every month to reading reports that are automatically generated. Review collected by and hosted on G2.com.

What do you dislike about CALUMO?

User Interface could be a bit more intuitive Review collected by and hosted on G2.com.

Recommendations to others considering CALUMO:

Minor improvements in a business from understanding a company's data can lead to Millions of dollars over the short term. Company's rarely need more data, but most often need to understand the data they already have. Calumo helps understand, and automates reports to watch any KPI in a few clicks. Review collected by and hosted on G2.com.

What problems is CALUMO solving and how is that benefiting you?

Helping business decision makers get faster answers to the questions they are asking, and showing them the answers they didn't think to ask. Review collected by and hosted on G2.com.

Verified User in Food & Beverages
AF
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about CALUMO?

Ease of reporting, flexibility in format of reports and ability to view multiple sets of data in one view. Publishing of reports and the drill down to transaction level are all hugely beneficial. Integration of various types of databases to have a single Review collected by and hosted on G2.com.

What do you dislike about CALUMO?

Writing of report sin excel takes some training and practice and sometimes the bugs are difficult to find. The web reporting could be improved to create a more dashboard type feel where high level financials can be summarized and shared easily in a user friendly format. Review collected by and hosted on G2.com.

What problems is CALUMO solving and how is that benefiting you?

Speed of reporting more real time and month-end close, end user review of data, variance analysis, sharing of financial data, putting ownership of results and performance in the managers hands as opposed to waiting on reports to be distributed. Review collected by and hosted on G2.com.

Richard P.
RP
Manager, Enterprise Insight
Law Practice
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about CALUMO?

Working from core systems data to SSAS, to Calumo, to Excel, to web, to Office documents, to mobiles, action - quickly, with confidence and grace. Review collected by and hosted on G2.com.

What do you dislike about CALUMO?

That there is always new data I would like to integrate - that's hardly a fault of Calumo. Review collected by and hosted on G2.com.

Recommendations to others considering CALUMO:

Talk to Calumo clients like yourself, and in your industry.

Go to a Club Calumo event and talk to other users.

When you consider the costs of alternatives, look carefully at the costs to administer, the training required, the licensing model that allows you to get the benefits out to all your people, and the flexibility in the presentation layer to do precisely what you can imagine you will require. We looked hard, Calumo came up as the correct answer, and that has been borne out in 2 years hard usage.

Look for a vendor whose Consultants can contribute to your business - in our business, Calumo Consultants are invited to project and team meetings from time to time, and are a hugely valuable sounding board for everything from metric design and usage, to change management. Review collected by and hosted on G2.com.

What problems is CALUMO solving and how is that benefiting you?

Daily Operational and periodic interactive (commentary capturing) Reporting

Planning

Performance improvement. Review collected by and hosted on G2.com.

Verified User in Hospitality
UH
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about CALUMO?

The flexibility in having multiple datasources in the one place, and being able to slice and dice things the way I want to. Review collected by and hosted on G2.com.

What do you dislike about CALUMO?

Can be a little clunky especially when dealing with large volumes of data - might be down to a business implementation issue as opposed to the tool itself. Review collected by and hosted on G2.com.

Recommendations to others considering CALUMO:

Implementation is key Review collected by and hosted on G2.com.

What problems is CALUMO solving and how is that benefiting you?

Budgets, forecasts, analysis Review collected by and hosted on G2.com.

Verified User in Hospitality
UH
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about CALUMO?

ease of use

access

excel add in

reporting Review collected by and hosted on G2.com.

What do you dislike about CALUMO?

response time on refresh can be slow

needs more visualisation tools Review collected by and hosted on G2.com.

What problems is CALUMO solving and how is that benefiting you?

efficient reporting Review collected by and hosted on G2.com.

Andrew G.
AG
Manager - Finance Information Systems
Higher Education
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about CALUMO?

Their managed service offerings. Good value with consulting staff who are very knowledgeable qualified accountants that draw on their work from other customers to suggest best practice and put in place a good end solution. Review collected by and hosted on G2.com.

What do you dislike about CALUMO?

Sometimes consultant availability is hard as they are tied up with other clients, which is a business risk if you rely on them as a managed service. Review collected by and hosted on G2.com.

Recommendations to others considering CALUMO:

Start small in what you setup and then grow it over time. Consider their consulting in the setup so best practice structure is in place from the beginning. Review collected by and hosted on G2.com.

What problems is CALUMO solving and how is that benefiting you?

Implementation of project management reporting to allow greater transparency on capital works.

Introduction of dashboard reporting to bring high level financial information closer to end users. Review collected by and hosted on G2.com.