Solver Features
What are the features of Solver?
Financial Insight
- Budgeting
- Forecasting
- Planning
Data
- Data Visualization
- Data Analysis
- Custom Reporting
- Reporting Templates
Status Communication
- Collaboration
- Version Control
- Real-Time Data Updates
Budget Creation
- Data Import
- Formulas
- Budget Periods
Forecasting
- Historical Data
Analytics
- Variance Analysis
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Solver Categories on G2
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Financial Insight
Budgeting | Based on 104 Solver reviews and verified by the G2 Product R&D team. Uses collected data to assist organizations in understanding what they can afford now, and in years to come. | 86% (Based on 104 reviews) | |
Forecasting | Based on 95 Solver reviews and verified by the G2 Product R&D team. Creates a continuous and recurrent planning process that can be calculated according to a specified and customizable timeline. | 84% (Based on 95 reviews) | |
Planning | Based on 97 Solver reviews and verified by the G2 Product R&D team. Leverages data from budgeting and forecasting processes to help corporations understand their reality and make decisions accordingly. | 85% (Based on 97 reviews) |
Data
Data Visualization | Based on 92 Solver reviews and verified by the G2 Product R&D team. Offers methods of visualizing data via customizable dashboards, statistical graphs, and charts. | 80% (Based on 92 reviews) | |
Data Analysis | Based on 103 Solver reviews and verified by the G2 Product R&D team. Scours data for actionable insights. | 82% (Based on 103 reviews) | |
Custom Reporting | Based on 114 Solver reviews and verified by the G2 Product R&D team. Allows users to customize their own reports according to business needs. | 89% (Based on 114 reviews) | |
Reporting Templates | Based on 108 Solver reviews and verified by the G2 Product R&D team. Provides pre-built reporting templates to organize data for payroll, manufacturing, and other company factions. | 87% (Based on 108 reviews) |
Status Communication
Collaboration | Based on 83 Solver reviews and verified by the G2 Product R&D team. Allows for searchable communication within the tool via notes, checklists, and discussions to ensure clarity between users. | 77% (Based on 83 reviews) | |
Version Control | Based on 84 Solver reviews and verified by the G2 Product R&D team. Reflects updates immediately, ensuring users have the most recent data while maintaining records of past performance. | 81% (Based on 84 reviews) | |
Real-Time Data Updates | Updates varying factors in real-time, assuring forecasts and inferences are continually made according to the most recent information. This feature was mentioned in 87 Solver reviews. | 80% (Based on 87 reviews) | |
Scorecards | Based on 63 Solver reviews and verified by the G2 Product R&D team. Displays and shares company performance data to increase transparency across the board. | 83% (Based on 63 reviews) |
Budget Creation
Data Import | Based on 72 Solver reviews. Import trial balance, monthly P&L, balance sheets, and other types of financial data | 86% (Based on 72 reviews) | |
Budget Hierarchies | Based on 66 Solver reviews. Define budget structure elements and how they are linked hierarchically | 85% (Based on 66 reviews) | |
Versioning | As reported in 65 Solver reviews. Keeps track of all versions of a budget and allows users to compare versions | 86% (Based on 65 reviews) | |
Formulas | Based on 76 Solver reviews. Include budgeting formulas to estimate direct and indirect costs, operating and non-operating revenues | 87% (Based on 76 reviews) | |
What-If | Based on 61 Solver reviews. Test the potential financial impact of business decisions on revenues and expenses | 86% (Based on 61 reviews) | |
Budget Periods | Based on 74 Solver reviews. Users can customize standard budget periods (3, 9, or 12 months) | 91% (Based on 74 reviews) |
Budget Management
Consolidation | As reported in 67 Solver reviews. Consolidate multiple budgets from different departments or business entities | 91% (Based on 67 reviews) | |
Adjustments | Users with administrative access rights can modify budgets 66 reviewers of Solver have provided feedback on this feature. | 89% (Based on 66 reviews) | |
Workflows | Based on 64 Solver reviews. Workflows are used to define the steps required to alter budgets and who needs to approve changes | 81% (Based on 64 reviews) |
Forecasting
Historical Data | Based on 76 Solver reviews. Forecasting is based on past transactions and historical financial or operational data | 88% (Based on 76 reviews) | |
Reforecast | As reported in 66 Solver reviews. Ability to recreate forecasts to include new information that may impact budgets | 87% (Based on 66 reviews) | |
Forecast Types | As reported in 65 Solver reviews. Support multiple types of forecasts such as balance sheet and cash flow forecasts | 86% (Based on 65 reviews) | |
Rolling Forecasts | Based on 61 Solver reviews. Used to review and update budgeting assumptions for a predefined period (usually one year) | 88% (Based on 61 reviews) | |
AI | Uses AI algorithms and models to predict future trends and outcomes, based on historical data and patterns 33 reviewers of Solver have provided feedback on this feature. | 69% (Based on 33 reviews) |
Analytics
Variance Analysis | As reported in 73 Solver reviews. Project out as the year progresses to accommodate trends that affect key business drivers. | 87% (Based on 73 reviews) | |
Forecasts Comparison | Based on 68 Solver reviews. compare Income Statement, Balance Sheet, and Cash Flow for multiple periods | 89% (Based on 68 reviews) | |
Forward Looking | Based on 62 Solver reviews. Forward-looking Balance Sheet and Cash Flow Statements are synchronized with GL data | 88% (Based on 62 reviews) |
Financial Planning
Extended Planning | Based on 42 Solver reviews and verified by the G2 Product R&D team. Analysis that creates business plans outside of finance, including sales, marketing, or HR. | 82% (Based on 42 reviews) | |
Reporting | Based on 49 Solver reviews and verified by the G2 Product R&D team. Reports on departmental KPI metrics measured against targets. | 88% (Based on 49 reviews) | |
Integration | Based on 47 Solver reviews and verified by the G2 Product R&D team. Consolidates planning processes across an organization into a single solution. | 84% (Based on 47 reviews) |
