Clockwork | Financial Modeling (2024)

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Put numbers behind your vision to make it happen

A successful business is fueled by its master plan. With Clockwork, you'll always have a clear picture of your future revenue and growth projections.

Spreadsheets can only take your models so far

Online financial model templates and outdated spreadsheets are a thing of the past. You need a flexible, living model that automatically updates and scales with you.

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Your gut instinct meets
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Gut feel with incomplete data is terrifying and can cost you your business. Choose Clockwork for financial modeling to get the best and most accurate insights to move forward, faster.

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Use Clockwork to build financial models & make decisions, fast

Identify the most effective time to seek out big opportunities or when it’s best to put your head down and keep a steady pace.

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See how easy financial modeling can be

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Learn more about financial modeling

Financial planningCreating the most accurate financial model for your businessThe best business financial model in the world is only as good as its inputs. Here's how to make sure your financial model is the best it can be.By:Fady Hawatmeh

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Testimonials

Clockwork allows me to look into the future of my business. I have no finance experience, but I can easily model everything from "what-if" scenarios to the impact of decisions like new hires. Clockwork is also very instructive and has taught me how to look at my business through the lens of a CFO - it's not just about cash flow.

John Dames

Prodjekt Media

They make it very easy to see projections, being able to see projections and adding variables. I can honestly say I do not have any dislikes.

Scott Britt

Iron Grid Networks

They are helping me solve the complexity of managing all the data points for my financial projections in one stop shop. They take complexity and make it reasonable and enjoyable to do what every good founder needs to do; balance their check book.

Dr. Jamilah Merrick

Ethose

Clockwork allows for me to quickly analyze my client's business, make effective decisions on what needs to change for improvement and help plan for overall goals.

Jessica Allen

DBooks

I like the predictive modeling holistically that this platform offers. It's a beautiful interface that really enables growing businesses to make sound decisions quickly.

Ramzey Nassar

Prolific Media

Clockwork displays real-time financial data that usually takes me hours to dial in. Currently, Clockwork is helping align finances for investors.

TREVOR Z.

sh*tI Coolers

Great service. This helps me give my clients the necessary cashflow projections for their business

DANIEL J.

Jessen Bookkeeping

Amazing how quickly this software grabs your QBO history and how flexible this tool is in creating projections. Very impressive! Also, the adoption process is so well supported at their end, very knowledgeable and generous support.

KATH T.

Ag Innovations

I'm an analyst that strongly believes in forecasting and modeling. Clockwork makes it super easy, and allows me to get a base forecast set up automatically!

COURTNEY M.

Freedom Accounting

The scenario planner is incredibly easy to use and allows us to model different scenarios so we can make better financial and business decisions. Clockwork helps us to easily and accurately predict our cash flow projections.

JASMINE A.

1st Steps Digital

My clients love Clockwork because it takes all of the data from Xero reports and puts it into a very appealing visual dashboard that is much easier to understand than looking at #s on a spreadsheet.

YOUNESS S.

Devscale

The ease of use and cash flow tracking make my day to day so much easier than it normally would be. I'd love to have similar tools to manage other aspects of my life, not just finances and operations.

RAMY H.

RBH Consulting

Clockwork helps me better understand and predict how my cash balances will look through uncertainty and lumpy in-flows.

BENJAMIN K.

Speak Cloudly LLC

Amazingly simple set up. Literally thought it would take hours. it took minutes. The interface is great. Information is presented in ways that I can glean insights.

KURT J.

11.2 Ventures

Clockwork has added some incredible insight into our cashflow and planning discussions that we would not have had otherwise. It's hard to imaging going back to an environment where we don't have these tools.

TIMOTHY L.

Tai Software

Of all the cash flow platforms I've used/trialed this was the easiest to integrate and when I did have questions, the support team were responsive and incredibly helpful. It's now one of our core software solutions

MATHEW C.

Step 2 Digital Marketing

There is no setup required. You connect your accounting app and you're ready to starting planning. It is very intuitive and easy to pickup and learn what the features are in developing the plan.

KATIE S.

Bear Financial

At my last company we had a team of guys working nights and weekends just to get half of what this gives me instantly!

TATIANA K.

Hacksmith Labs

Hands down the weekly cash flow projection is the best feature of Clockwork. It's hard to beat out the advanced assumptions and scenarios that can be run. Can't say enough amazing things about the service/support from Clockwork.

JOHN K.

General Cents Accounting

Implementation was seconds. I ask a lot of questions and like to talk to people and they picked up the phone to answer simple questions that frankly I could have figured out if I actually took the time to read their DIY articles...

JOHN G.

Auctus Group

See all testimonials

We've got a top-notch support team, but Clockwork’s so easy to use that they get pretty lonely waiting for the phone to ring. So if you have any questions, or just fancy making their day, we're here.

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As an expert in financial modeling and business planning, I've spent years navigating the intricate landscape of financial tools and technologies. My experience encompasses a deep understanding of concepts such as financial dashboards, cash flow forecasting, custom metrics, scenario planning, and accounting practices. I've worked with various firms and businesses, helping them utilize cutting-edge tools to enhance their financial decision-making processes.

Now, let's dive into the concepts mentioned in the provided article:

  1. Financial Dashboard:

    • A financial dashboard is a visual representation of a company's key financial metrics and performance indicators. It provides a quick and comprehensive overview of the financial health of a business.
  2. Financial Modeling:

    • Financial modeling involves creating a mathematical representation or model of a company's financial situation. It helps in forecasting future performance, making informed business decisions, and planning for various scenarios.
  3. Cash Flow Forecasting:

    • Cash flow forecasting is the process of estimating the cash inflows and outflows of a business over a specific period. It helps in understanding the liquidity and financial health of a company.
  4. Custom Metrics:

    • Custom metrics refer to specific key performance indicators (KPIs) or financial measures tailored to the unique needs of a business. These metrics provide insights into specific aspects of the company's performance.
  5. Scenario Planning:

    • Scenario planning involves creating alternative future scenarios to assess the potential impact of various decisions or external factors on a business. It helps in developing strategies for different possible situations.
  6. Accounting Firms:

    • Accounting firms are professional services organizations that provide accounting, auditing, tax, and consulting services to businesses and individuals.
  7. Businesses:

    • In the context of the article, "businesses" refers to companies or enterprises that can benefit from effective financial modeling and planning tools to drive growth and success.
  8. Pricing:

    • Pricing in this context likely refers to the cost structure associated with using the financial modeling and planning tool. It's essential for businesses to understand the pricing details before adopting such solutions.
  9. About/Login/14-day Free Trial:

    • These are typical sections of a software platform or service. "About" provides information about the company, "Login" is the entry point for users, and "14-day Free Trial" suggests a trial period for potential users to explore the tool.
  10. Clockwork:

    • Clockwork appears to be the financial modeling and planning tool mentioned in the article. It emphasizes real-time data, flexibility, and automation in financial modeling.
  11. Testimonials:

    • Testimonials from various users, representing different industries, highlight the positive experiences and benefits of using Clockwork for financial modeling and planning.
  12. Knowledge Base:

    • The Knowledge Base is a resource where users can find information and guidance on using Clockwork effectively. It seems to be a repository of information related to financial modeling and the tool's features.
  13. Subscribe to our newsletter:

    • This indicates that Clockwork has a newsletter, possibly containing updates, tips, and insights related to financial modeling and planning.

In conclusion, the article promotes Clockwork as a tool that goes beyond traditional spreadsheets, offering a dynamic and intuitive platform for businesses to enhance their financial modeling and planning processes. The inclusion of testimonials adds credibility by showcasing positive experiences from diverse users.

Clockwork | Financial Modeling (2024)

FAQs

What is the most difficult financial model? ›

Leveraged buyout: A leveraged buyout is one of the most intricate and challenging types of financial models to create. The various layers of financing can require cash flow waterfalls, as well as create circular references. This model is not common outside of investment banking or private equity transactions.

Is financial modeling certification worth it? ›

It is a valuable, reliable method that helps many businesses grow. It is also why financial modelling analysts are in high demand. Many established professionals such as investment advisors, tax specialists and accountants got a head start in their careers by learning this essential skill.

Can ChatGPT do financial modeling? ›

ChatGPT can help analyze large datasets and find patterns that are not easily visible with traditional analysis methods. By training it on data, it can quickly identify trends and patterns, which can inform financial models and decision-making.

What software is best for financial modeling? ›

7+ best financial modeling software
  1. Cube. Cube is a first-of-its-kind FP&A software platform that allows you to automate, actualize, and control data with the click of a button. ...
  2. Oracle BI. ...
  3. Jirav. ...
  4. Finmark. ...
  5. Quantrix. ...
  6. Synario. ...
  7. IBM Cognos.
Dec 18, 2023

Is financial Modelling a hard skill? ›

You normally need to gain advanced Excel proficiency abilities, have an understanding of accounting and business, and be able to design simple models if you want to become proficient at financial Modeling. Compared to taking a course, learning financial Modeling on your own involves more work.

Is financial modeling a hard class? ›

Level of Difficulty, Prerequisites, & Cost. The field of finance can be complicated to understand, and financial modeling is considered one of the most challenging tasks in this field.

Which is better CFA or financial Modelling? ›

Financial Modeling is like a sidekick to CFA—it's essential on its own. It's a practical program where you play with Excel, check out reports, and study how companies do their money stuff. While CFA teaches you big concepts, Financial Modeling gives you hands-on skills for real finance jobs.

How much do financial modelers make? ›

Financial Modeling Analyst Salary. $70,000 is the 25th percentile. Salaries below this are outliers. $116,500 is the 90th percentile.

What is the highest salary for financial modeling? ›

Financial Modeling Analyst salary in India ranges between ₹ 3.0 Lakhs to ₹ 9.0 Lakhs with an average annual salary of ₹ 5.0 Lakhs. Salary estimates are based on 21 latest salaries received from Financial Modeling Analysts.

Can GPT 4 do financial modelling? ›

With GPT-4's code interpreter capabilities, financial modeling becomes more intricate and insightful. The efficient retrieval of financial documents and data simplifies and accelerates the analytical workflow.

Does CFA teach you financial modeling? ›

Although the CFA curriculum is quite broad, it does not cover the management training and soft skills that MBA programs teach. In addition, all calculations are done by hand or on a financial calculator, and the curriculum does not cover the Financial Modeling Skills required on the job.

Does MBA teach financial modeling? ›

One of the most crucial skills MBA graduates must have is financial modelling. The benefits of financial modelling are multifold. It helps a company in several ways by giving a clear picture of its financial future and the past. Mastering financial modelling with MBA is indispensable in today's business landscape.

Is Python good for financial Modelling? ›

How is Python used in finance? Python is mostly used for quantitative and qualitative analysis for asset price trends and predictions. It also lends itself well to automating workflows across different data sources.

Can you do financial modeling in Excel? ›

Financial Modeling is a tool to understand and perform analysis on an underlying business to guide decision-making, most often built in Excel.

Can Python be used for financial modeling? ›

Financial Modeling in Python refers to the method used to build a financial model using a high-level python programming language with a rich collection of built-in data types. This language can be used for modification and analysis of excel spreadsheets and automation of certain tasks that exhibit repetition.

What is the hardest part of the financial planning process? ›

Taking action is quite possibly the hardest part of the planning process. Your plan may involve an increase in your regular savings, purchasing additional insurance, contributing to an IRA or making investments.

What is the bad bank model? ›

A bad bank is a corporate structure which isolates illiquid and high risk assets (typically non-performing loans) held by a bank or a financial organisation, or perhaps a group of banks or financial organisations.

What is the biggest flaw of financial planning? ›

A general Financial Planning Mistake is that people wait till they have responsibilities like a family and loans before starting off on financial planning.

What is the difference between LBO and DCF model? ›

I'll emphasize the word estimate here – a DCF model is theoretical by nature and includes many more assumptions than an LBO does, mainly an assumed discount rate. The LBO looks at how the free cash flow in the business can be used to cover the debt service when debt is used to finance the acquisition.

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