Quantrix is designed to allow users to address the limitations and risks inherent to spreadsheets when developing business-critical models. According to the vendor, this solution offers unmatched capability for forecasting, planning, budgeting, risk modeling and visual analytics, and also allows users to develop ‘what if’ scenarios and model the financial and operational impact of business decisions. Additionally, the vendor says sharing insight is made easier through the creation of interactive presentations, reports and dashboards.
Quantrix Features
Budgeting, Planning, and Forecasting Features
These activities are designed to assist with both data-driven operational, short-term planning and strategic long term planning
- Long-term financial planning
- Financial budgeting
- Forecasting
- Scenario modeling
- Management reporting
Consolidation and Close Features
Consolidation of data from multiple entities with currency management, reporting and audit trails.
- Financial data consolidation
- Multi-currency management
- Minority Ownership
- Local and consolidated reporting
- Detailed Audit Trails
FInancial Reporting and Compliance Features
Financial statements and regulatory filings
- Financial Statement Reporting
- Management Reporting
- Automated board and financial reporting
Analytics Features
Dashboards and scorecards for KPI monitoring and benchmarking
- Personalized dashboards
- Color-coded scorecards
- KPIs
- Cost and profitability analysis
- Key Performance Indicator setting
- Benchmarking with external data
Integration Features
Ability to integrate with external applications
- Flat file integration
- Excel data integration
- Direct links to 3rd-party data sources