What is Solver?

Solver is a corporate performance management (CPM) platform designed to help businesses streamline their financial and operational reporting, planning, and analysis processes. It offers a suite of tools for budgeting, forecasting, reporting, and data analysis, enabling organizations to make data-driven decisions and improve their overall performance. Solver integrates with a wide range of ERP systems and other business applications, providing a unified platform for managing and analyzing financial data.

Key Features

1. Financial Reporting: Generate detailed financial reports with customizable templates, allowing users to create income statements, balance sheets, and cash flow statements.
2. Budgeting and Forecasting: Plan and manage budgets and forecasts with advanced modeling capabilities, including what-if scenarios and multi-year planning.
3. Data Integration: Seamlessly integrate with various ERP systems, CRM platforms, and other business applications to consolidate data from multiple sources.
4. Dashboards and Data Visualization: Create interactive dashboards and visualizations to monitor key performance indicators (KPIs) and track business performance in real time.
5. Collaboration and Workflow: Facilitate collaboration across teams with shared reports, budgeting templates, and approval workflows.
6. Advanced Analytics: Utilize built-in analytics tools to perform detailed data analysis, uncover insights, and identify trends and opportunities.
7. Cloud-Based Platform: Access Solver’s features from anywhere with its cloud-based platform, ensuring real-time updates and collaboration.
8. Security and Compliance: Ensure data security and compliance with robust access controls, data encryption, and adherence to industry standards and regulations.

What Makes Solver Unique?

Solver stands out for its:

• Comprehensive CPM Capabilities: Offers a full suite of CPM tools that cover financial reporting, budgeting, forecasting, and data analysis in a single platform.
• Seamless Integration: Integrates with a wide range of ERP and business applications, enabling seamless data consolidation and reporting.
• User-Friendly Interface: Designed for ease of use with intuitive interfaces, customizable templates, and drag-and-drop functionality for report creation and data analysis.

Pros and Cons

Pros:

• Comprehensive solution for financial planning, reporting, and analysis.
• Strong integration capabilities with various ERP and business systems.
• User-friendly interface and customizable templates for ease of use.
• Cloud-based platform ensures accessibility and real-time collaboration.

Cons:

• Pricing may be a consideration for smaller businesses or those with limited budgets.
• Learning curve for users new to corporate performance management systems.

Who is Solver For?

Solver is ideal for:

• Finance Teams: Managing financial reporting, budgeting, and forecasting processes.
• CFOs and Controllers: Gaining insights into financial performance and making data-driven decisions.
• Business Analysts: Analyzing financial and operational data to uncover trends and opportunities.
• Project Managers: Planning and tracking project budgets and financial performance.

Use Cases for Solver

• Financial Planning and Analysis: Creating detailed financial plans, budgets, and forecasts to guide business strategy and decision-making.
• Consolidated Reporting: Integrating data from multiple sources to generate comprehensive financial and operational reports.
• Performance Monitoring: Tracking KPIs and business performance in real time with interactive dashboards and visualizations.
• Scenario Analysis: Performing what-if analysis to evaluate the impact of different business scenarios and make informed decisions.