Startups
Jun 17, 2025
Financial health is the backbone of every business, and using the right tools can mean the difference between smart decisions and missed opportunities. Whether you’re a CFO or startup founder, investing in the right financial reporting software and analysis tools is essential in 2025.
In this guide, we cover must-have platforms for:
Financial reporting
Financial modeling
Compliance
Consolidation
Strategic financial analysis
1. Financial Reporting Software
What it does: Creates structured financial statements like P&L, balance sheets, and cash flow reports.
Top Tools:
QuickBooks Advanced – Ideal for small to mid-sized businesses
Xero – Cloud-based reporting with real-time dashboards
Oracle NetSuite – Enterprise-level automation and reports
Use Case: Monthly reports, forecasting snapshots, and audit-ready documentation
2. Financial Analysis Software
What it does: Provides insights into revenue trends, cost optimization, budgeting, and scenario planning.
Top Tools:
Fathom – Visual dashboards and performance analysis
Cube – Excel-native analytics with real-time syncing
Jirav – All-in-one planning, reporting, and dashboards
Best For: CFOs and finance teams making strategic decisions
3. Financial Compliance Software
What it does: Ensures your financial practices meet legal, tax, and industry regulations.
Top Tools:
AuditBoard – Compliance and audit automation
Workiva – SEC reporting and internal controls
Sage Intacct – Built-in compliance controls and reporting tools
Best Use: Public companies, funded startups, and companies operating in regulated sectors
4. Financial Consolidation Software
What it does: Combines data from multiple entities, locations, or subsidiaries into unified reports.
Top Tools:
Fluence Technologies – Purpose-built for mid-market consolidation
Planful – Combines consolidation with planning and forecasting
OneStream – Advanced consolidation for large enterprises
Use Case: Global businesses or firms with multiple branches needing accurate consolidated statements
5. Financial Modeling Software
What it does: Helps build custom financial models for forecasting, fundraising, M&A, or valuation.
Top Tools:
Finmark (a BILL company) – Great for startups and growth planning
Synario – Visual, interactive scenario modeling
Modano – Excel-based modeling with automation layers
Best For: Founders, FP&A teams, and consultants building dynamic projections
Final Thoughts
Choosing the right financial software can significantly impact your agility, accuracy, and confidence in decision-making. Whether it's powerful financial analysis software or advanced financial consolidation software, these tools are the foundation of better forecasting and control.
And if you’re sharing reports, models, or investor-ready decks? Use Plox to securely organize, share, and track financial documents in a branded experience.
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