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Finmark Reviews & Product Details

Frank M.
FM
Founding Partner
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Finmark?

Finmark solves the problem of budgeting, modeling, and KPI dashboard for most of our clients. Not only can we build out their cash-burn budget, but we can also build out their modeling for fundraising, their KPI Metrics dashboard for the management team, and pull in their actuals from their accounting systems. Our clients love the Finmark service and are always in awe once it is implemented. For the cost, it is a lot of bang for the buck. And you can use Finmark as your daily management tool and not have to go into the accounting system. All the financial data is at the tips of your fingers. Review collected by and hosted on G2.com.

What do you dislike about Finmark?

As a startup itself, the product continues to evolve and iterate. Like most startups we love, we wish they could iterate faster and faster. We love having input into the product roadmap and also being able to implement the new features for our clients. Review collected by and hosted on G2.com.

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

They are solving for the budgeting, modeling, and KPI metrics dashboard for startups. Review collected by and hosted on G2.com.

Finmark Overview

What is Finmark?

Finmark, a BILL financial planning and cash flow insights software. BILL (NYSE: BILL) is a leader in financial automation software for small and midsize businesses. We are dedicated to automating the future of finance so businesses can thrive.

Finmark Details
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Product Description

Finmark, a BILL financial planning and cash flow insights software. Finmark is financial modeling made easy. We eliminate the need for complex spreadsheets, so founders can easily create, update, and share their financial plans. Finmark makes it easy to create, update and share your financial plans, manage your burn rate and cash, forecast your revenue and expenses and plan for fundraising.


Seller Details
Year Founded
2006
HQ Location
San Jose, CA
Twitter
@billcom
17,473 Twitter followers
LinkedIn® Page
www.linkedin.com
3,137 employees on LinkedIn®
Ownership
NYSE: BILL
Description

BILL (NYSE: BILL) is a leading financial operations platform for small and midsize businesses (SMBs). As a champion of SMBs, we are automating the future of finance so businesses can thrive. Our integrated platform helps businesses to more efficiently control their payables, receivables and spend and expense management. Hundreds of thousands of businesses rely on BILL’s proprietary member network of millions to pay or get paid faster. Headquartered in San Jose, California, BILL is a trusted partner of leading U.S. financial institutions, accounting firms, and accounting software providers. For more information, visit bill.com.


Nicole M.
NM
Overview Provided by:

Recent Finmark Reviews

Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
5.0 out of 5
"Powerful projecting software"
Finmarks UI is really well thought out. Once your numbers are in, you can literally visualise each department and plan accordingly. The level of ...
Frank M.
FM
Frank M.Small-Business (50 or fewer emp.)
5.0 out of 5
"We absolutely love the Finmark product and so do our clients!"
Finmark solves the problem of budgeting, modeling, and KPI dashboard for most of our clients. Not only can we build out their cash-burn budget, but...
Jon W.
JW
Jon W.Small-Business (50 or fewer emp.)
5.0 out of 5
"Finmark is the future of FP&A!"
Simple to use formula-driven assumptions make the development of complex models possible. Customizable dashboards are super useful when displaying ...
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Finmark Media

Finmark Demo - Dashboard -- Meet Your New Financial Command Center
Track, forecast, and visualize the metrics that matter like revenue, CAC, runway, burn rate, and more—all from a single dashboard. Bring your data to life and create board decks in minutes, not hours or days.
Finmark Demo - Reconcile Actuals Without Manual Data Entry
Finmark integrates with your entire stack to reconcile your actuals without manual data entry.
Finmark Demo - Collaborate Without Friction
Say goodbye to chasing down department heads and version control nightmares. Easily collaborate, collect notes and feedback, and share what people need to see in one place (while protecting sensitive information.)
Finmark Demo - Forecast Revenue and Expenses
Create custom forecasts for your business without laboring over complex spreadsheets.
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15 out of 16 Total Reviews for Finmark

4.6 out of 5
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15 out of 16 Total Reviews for Finmark
4.6 out of 5
15 out of 16 Total Reviews for Finmark
4.6 out of 5
G2 reviews are authentic and verified.
Verified User in Automotive
UA
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Finmark?

Finmarks UI is really well thought out. Once your numbers are in, you can literally visualise each department and plan accordingly.

The level of control of being able to scale automatically once specific milestones have been reached is time-saving. Review collected by and hosted on G2.com.

What do you dislike about Finmark?

It's complicated at first - you have to understand how to use formulas in order to scale projections for example.

There are clear instructions available and the team is extremely helpful in getting you trained up.

Nothing was ever too much trouble in guiding us through those initial steps. Review collected by and hosted on G2.com.

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

Finmark gives you the ability to visualise projections, no matter how simple or complex. You type in the numbers, Finmark lets you see what's possible or not, enabling you to see shortfalls and gains in a clear format. It also allows you to compare different models/scenarios. Review collected by and hosted on G2.com.

Jon W.
JW
CEO
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Finmark?

Simple to use formula-driven assumptions make the development of complex models possible. Customizable dashboards are super useful when displaying KPI's to stakeholders. Review collected by and hosted on G2.com.

What do you dislike about Finmark?

Nothing to complain about at this time - the software is constantly improving. The balance sheet is a little light but improving. We've provided feedback to product dev, and they're on it! Review collected by and hosted on G2.com.

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

Finmark is building FP&A software that is easy to use, while still maintaining the ability to create complex models. The software ties actuals to forecast (ie: direct integrations to GLs such as Xero and HRIS such as Gusto), providing a meaningful analysis of how companies perform compared to budget/forecast. The team is also responsive to accounting and finance feedback and needs and is constantly working hard to develop a leading product in the FP&A space. This partnership is assisting us in fulfilling our company mission and solving many of our clients' challenges. Review collected by and hosted on G2.com.

Izabel A.
IA
Co-Founder
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Finmark?

I love the flexibility- we have 3 different revenue models that rely on multiple variables with complex dependencies, and Finmark handled it all! But it's also simple and intuitive enough that I was able to offload a lot of the setup and maintenance to other team members after previously being the only one managing a very confusing excel model. And I can't leave a review without mentioning their amazing customer support team! They were always available for last minute calls, took our questions seriously and followed up with solutions, and were all around pleasant to work with :) Review collected by and hosted on G2.com.

What do you dislike about Finmark?

Deeper integrations with some of the other tools we work with would be helpful, but I know those take time. It was great being able to pull quickbooks data, but more robust syncing back from Finmark to quickbooks would've avoided the need to login to quickbooks directly. Not a big deal once we got everything set up and pulling from quickbooks correctly though . Review collected by and hosted on G2.com.

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

Helping us save time that we would've spent managing internal financial projections, cash flow, and burn while making spending and hiring decisions- it's time we can instead dedicate to building our product and engaging our users. Review collected by and hosted on G2.com.

Daniel H.
DH
Founder
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Finmark?

I really liked how easy it was to use once you get your head around it all. Once you know how it works it becomes so easy and great to play around with other possible financial models. Review collected by and hosted on G2.com.

What do you dislike about Finmark?

Can be quite confusing to start with but the Annika was incredibly helpful and always on hand to walk me through. The team were fast to reply and made everything easy to digest and learn. Review collected by and hosted on G2.com.

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

Being able to explore potential product/service offerings and see the financial impact it would have on our existing business. Even something as simple as being able to forecast the impact on supplier cost increases and the affect it has long-term. Review collected by and hosted on G2.com.

HH
Product Guy
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Finmark?

It is very easy to use and provides plan comparisons so you can compare many different scenarios. The integration with Xero works well and allows us to compare forecaster with actuals. Review collected by and hosted on G2.com.

What do you dislike about Finmark?

The ability to input debt injections for a single month doesn't seem to exist at the moment. The initial setup can be a long process but I don't see how it can be made more efficient. Review collected by and hosted on G2.com.

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

It is allowing me to ditch Excel and perform complex modelling for my business. It has allowed me to share budgeting and forecasting with my colleagues easily and with real time updates. Review collected by and hosted on G2.com.

Verified User in Information Technology and Services
AI
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Finmark?

The support team is super helpful and they are always happy to come up with creative solutions to potential tech limitations. I've never run into an issue that I couldn't resolve as a result of the awesome support team. They're also super down to hop on a call to collaboratively troubleshoot. All in all, an exemplary support team. Review collected by and hosted on G2.com.

What do you dislike about Finmark?

I consider myself to be a quick learner, but some things weren't super intuitive at first. I think a more extensive help center, with more examples, could have made my experience slightly better Review collected by and hosted on G2.com.

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

Finmark helped me create a financial model for our latest round of funding. I benefited by learned a lot about how to make an effective model. Review collected by and hosted on G2.com.

Randy C.
RC
President & GM
More Options
Validated Reviewer
Review source: Organic
What do you like best about Finmark?

The formulas feature allowing me to scale in an easy way hires and other changes based on several factors. And of course integration to QB and Xero Review collected by and hosted on G2.com.

What do you dislike about Finmark?

Some features are buggy, and there is a bit of a learning curve on where to go to tie things together correctly. Review collected by and hosted on G2.com.

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

Giving me a simple clean way to get the right info into investor hands without being too complicated - auto update based on actuals Review collected by and hosted on G2.com.

Verified User in Sports
US
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Finmark?

Finmark makes it incredibly easy to project out different scenarios and how it affects burn / runway! Review collected by and hosted on G2.com.

What do you dislike about Finmark?

The software is targeted towards SaaS businesses, we have a hardware component making it difficult to be the only model to rely on for projections. Review collected by and hosted on G2.com.

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

Modeling, scenario analysis, capital planning and budgeting. Review collected by and hosted on G2.com.

Peter H.
PH
CEO
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Finmark?

The software allows you to model your revenue and costs in a very succinct manner. This makes it so much easier than setting up a complex spreadsheet. The support from Finmark is just incredible. Review collected by and hosted on G2.com.

What do you dislike about Finmark?

Nothing - everything is awesome. It does take a bit to understand how to use the variables but it is not something that is negative. In fact, it makes it easier to model complex planning. Review collected by and hosted on G2.com.

Recommendations to others considering Finmark:

Get a trial and try it out. You will be amazed. Review collected by and hosted on G2.com.

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

Setting up a business plan for a startup and presenting the numbers to investors. The benefits are multiple. Easy modeling, great dashboard, and easy to share with investors. Modeling scenarios is a dream. Review collected by and hosted on G2.com.

Verified User in Computer Software
UC
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Finmark?

I like using finmark because it is fast and mostly accurate Review collected by and hosted on G2.com.

What do you dislike about Finmark?

Incorrect projections sometimes. I hope the projections are more accurate in the future. Review collected by and hosted on G2.com.

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

Projection's Review collected by and hosted on G2.com.