Cube

Vorteile

Cube is extremely simple to setup and easy to learn. I've worked with many FP&A tools in the past (IMB TM1 and Biznet are examples), but Cube has been my favorite thus far. TM1 is known as the powerhouse FP&A tool, but came with many tech headaches that required outsourcing of setup to consulting firms. Cube on the other hand was implimented in a matter of days, with no external consultants. The Cube setup team was top notch and was available to answer questions at a moments notice.In terms of functionality, the software is extremely easy to use and took only a few hours to understand. The website portal is very clean and well organized. Adding new date ranges, forecast or budget scenario's are just a click of a button which is a big upgrade compared to the complexity these seemingly simple tasks became with other software I've used.It works great for our month end close process, reviewing P&L details and variance analysis. Data import is just 1 click and data export into excel is quick and easy.

Nachteile

There isn't much to not like about Cube, but there are a few small quirks that could be improved. Being able to refresh multiple tabs at once can be a challenge as every month the range needs to be "reselected" if you adjust dates/accounts. Some of my reporting will have 40+ tabs, which means I need to manually select the range for each of these tabs before refreshing data.

In Betracht gezogene Alternativen

Gründe für den Wechsel zu Cube

Vorteile

Have been utilizing CUBE for over two years and it's a great tool for FP&A in small to mid-size startups. Easy integration and connector establishment between different financial softwares. Support team is super helpful and conduct regular check-ins with us to ensure we're aware of new features added. CUBE helps save time on manual download and upload of datasets and allow internal stakeholders to drilldown into their expenses whenever they need to.

The setup of the dimensions are clear and not overly complicated; and personally love the feature of tags and formulas!

Nachteile

Not having a robust headcount planning section within the system.

In Betracht gezogene Alternativen

Gründe für den Wechsel zu Cube

Vorteile

Easy setup. Excellent customer service.

Nachteile

The connector between CUBE and Netsuite is very buggy. It failed to synchronize the data after the upload everytime. It requires additional add on for any large data set.

Vorteile

We like most the ease of use/familiarity because the base is excel. We like the ease of building reports and the new dashboards. We like that Cube continues to improve and add features.

Nachteile

The implementation was a bit difficult because our software did not connect directly but in the end, everything worked out. I do think it is a bit expensive but seems to be at or below large competitors.

Vorteile

It's just the easiest FP&A system to use. I've evaluated and implemented three other system at prior companies. This beats all of them hands down. I'm an army of 1, and the ease of use saves me tremendous time.

Nachteile

Nothing. There is always new and better features being released. They make it better on aspects of the products I never thought about.

In Betracht gezogene Alternativen

Gründe für den Wechsel zu Cube

Vorteile

Cube was incredibly easy to implement in our org. Our customer success manager and the rest of the team were so transparent on how to not only set Cube up, but to really get the most out of it.

Nachteile

I think at the beginning there were a few features that we would have like to see that are now implemented. Just like our org, Cube is growing and they do an amazing job of listening to customers.

In Betracht gezogene Alternativen

Gründe für den Wechsel zu Cube

Vorteile

I like how easy it is to update my reports and slides using Cube. I appreciate how responsive the customer service has been.

Nachteile

At first it was hard to wrap my head around what cube was doing since there wasn't a lot of data visualization tools.

Vorteile

Ease of use, intuitiveness, excel integration, functionality, data import, formulas, reporting, customization, etc.

Nachteile

Literally nothing. The product is really amazing and becoming better and more effective as the company grows.

In Betracht gezogene Alternativen

Gründe für den Wechsel zu Cube

Vorteile

In my experience with FP&A software tools, Cube has proven to be the most reliable and flexible I have ever used. I previously switched roles and decided to use Cube again at my new company. I use it every day and the support staff is always on call.

Nachteile

For larger businesses, the number of Admin licenses may be constricting.

Vorteile

Easy to use, simple to implement, ability to create custom reports on the fly.

Nachteile

Dashboard could be more customizable, headcount forecasting could be more sophisticated.

Vorteile

Cube is quite fast to get up and running and offers a lot of flexibility with aggregating multiple data sources thanks to integrations with Excel and Google Sheets. Allows for easy template creation to streamline routine financial reporting. Customer support is usually quite responsive and helpful.

Nachteile

We could never get an automatic data connection with NetSuite working, so it is always a manual upload process each month. Missing certain features like a headcount planning module or robust forecasting capabilities in order to be an effective end-to-end FP&A platform for larger companies at scale.

Vorteile

Cube is easy to use once you get a hang of it. I love how we can go into Cube and pull any information that we need since most of our data are in Cube. I love how easy it is to integrate our system with Cube as well. I mostly use the system for month end close process and never encounter any problems so far!

Nachteile

It took a few trials to be able to fully understand and function it seamlessly, but once you know how it works, you can basically do anything. Our Cube support is very helpful and quick to jump into any questions we have.

Vorteile

The integration with Netsuite was extremely helpful in our analyses we run monthly

Nachteile

There is a slight learning curve when it comes to Cube and its functionalities

Vorteile

The flexibility of the templates you can build and fetch data to allows for this to be easily customized and adjusted on the fly. Once the data has been uploaded, it is relatively easy and simple to use.

Nachteile

The implementation phase has taken longer than we had anticipated, and data errors/incorrect values continue to pop up when comparing to our ERP system that we connected to. However, the support team has been very helpful and for the most part, very communicative with the efforts to correct those issues.

Vorteile

Cube is a smart program that is generally intuitive and easy to use. It has made our budgeting and reporting process far more streamlined and scalable.

Nachteile

There always seems to be some sort of technical error that throws a wrench in the system. It's frustrating when a task that sometimes takes ten minutes can stretch to take two days because load times are pushing 18 hours and fail out. The Support team is great and we almost always find a solution, it just takes time and has resulted in our team having to push reporting deadlines.

Vorteile

Cube and its ability to structure and organize our data while still using excel has allowed us to streamline our budgeting/forecasting/and variance Analysis.

Nachteile

There are some minor bugs to be worked out on Importing data and publishing but Cube is activeily working to address these with us

Vorteile

Cube has helped us save countless hours of work while increasing our efficiency and continually improve what we are able to accomplish.

Nachteile

Some of the formulas in the Balance Sheet and Cash Flow Statement you can create in Cube don't always work when we are tieing them back to our FS. Not a problem, we just have to create manual uploads to tie.

Vorteile

I love the flexibility of Cube. It functions like many of the big name multi dimensional tools. What I love the most is Cube's flexibility. Cube doesn't tell me how to manage my organization, rather it provides me the flexibility to manage our processes how we see fit.

Nachteile

There is not much I don't like about Cube. They are a young product that is continuously releasing new features. If there's something you don't like it's most likely being addressed on the roadmap.

Vorteile

The ease of creating financial reports. Having the ability to easily change the department/class/etc. for individualized reports is amazing. I also love the ability to fetch multiple ranges at once. I've set up reporting templates I send out each month. All I need to do is select all the ranges, which are on multiple tabs, click "fetch", and wait for them to update!

Nachteile

I wish Cube would be able to hook into our ERP more seamlessly. I also wish if a result was null, there was an option to report 0, and not leave blank.

Vorteile

From an Accounting perspective, I primarily use Cube as a consolidation and reporting tool. We set up a live data connection to Quickbooks and it effectively consolidates financial data from multiple instances in seconds - minutes. It saves me hours during month-end close and allows me to easily perform ad hoc analysis on a daily basis. I love that it lets me work within both Google sheets and Excel, while maintaining whatever format I choose. Plus, it was easy to set up and the Customer Service is excellent if you have any issues or questions.

Nachteile

I don't have any specific dislikes. I have monthly meetings with the Customer Success & Product leads and they listen to my feedback (which is actually another thing I like most about this software).

Vorteile

The integration with other applications. We use off-the-shelf accounting software (QuickBooks online) that while it fulfills our needs for bookkeeping purposes, doesn't allow us to incorporate non-accounting data. Cube has served as a bridge and has become the heart of our financial reporting function.

Nachteile

It can feel a bit "blackboxie" in the sense that is not easy to find what information lives in Cube when looking into the web app.

Vorteile

Cube has not only saved us hours each month from updating our financials models manually but also decreased the risk of human error. With the seamless QBO integration, we can now present financial data faster to those that need it. As a small team, every minute counts, and Cube has saved a good few hours to focus on other important projects.

Nachteile

It can take time to learn how to properly build and edit the fields you need and the online resources could be better.

Vorteile

Cube gave us a great amount of flexibility with how we could manipulate reporting from our ERP, Netsuite. It allowed us to leverage spreadsheets that incorporate easily into our modeling & budgeting, which was an advantage over some more rigid solutions.

Nachteile

Our biggest pain points originate from data ingestion between our ERP system & Cube’s staging database. Our team has an unusually high number of monthly transactions so we don’t fit into the average customer's needs for syncing & transaction volume.
There’s additional review required post sync between Cube & other systems to ensure accurate reporting.
I.e. Formulas can have delayed calculations after syncing & not produce desired results initially

In Betracht gezogene Alternativen

Vorteile

Ease of use, interface is very intuitive to any power user of Excel/G-Sheets

Nachteile

Still in the infancy stage of usage so we're still unlocking features, but that very satisfied with what we use so far.

Vorteile

The ease of function, and ability to use google sheets/excel as the default format is extremely helpful in integrating this software within our team.

Nachteile

There are features that could be improved on, such as the ability to display multi-currencies for global operations.

Vorteile

Lots of great things to share about Cube! Firstly, the implementation support has been excellent - extremely helpful and knowledgeable technical advisors who have had a solution to every complex request we have had. Secondly, the ability to overlay Cube into our existing Excel forecasting models and management reporting has made it exactly the right tool for our business. Finally, the data integration capabilities are powerful and easy to use - it is most robust data integration between an FP&A system and ERP for actuals that I have ever been a part of.

Nachteile

Currently there is a lack of flexibility in the reporting in Excel. Retrieving data to produce reports is quick & accurate, but takes a lot of formatting to be presentable, especially to users outside of Finance. For example, when retrieve data, it shows all parents and children in the same column rather having the option to present these in a tabular format, unlike an Excel PivotTable. I haven't yet used the dashboard functionality in the Cube web portal which I expect would improve this, but given our wider business is reliant on excel, improvements to the reporting out of the Cube Excel add-on would be helpful.

Vorteile

Cube is a very deep tool and can be utilized for a variety of business purposes including financial reporting, account reconciliations, budgetary analysis, etc. In my experience, depth and flexibility with this type of tool often comes at the sacrifice of usability, but Cube is the exception. Both the online portal and the Excel plug-in are very intuitive and user-friendly. There was a bit of a process to initially get everything set up, but the experts at Cube were very friendly and helpful in walking us through every step, answering questions, and generally going above and beyond to ensure we got the most out of their product. The online dashboard is very easy to set up and personalize and can give a great at-a-glace illustration of business trends or any other company-specific metrics you would like to track. As an avid Excel-user myself, the Excel plug-in is my personal favorite feature that Cube offers. Using the plug-in allows data pulled into spreadsheets and sliced and diced as necessary within seconds, without resorting to macros, power queries, or any over-complicated formulas that would otherwise be needed to accomplish the same task. Cube is an all-around strong product that will only continue to improve and I would highly recommend.

Nachteile

As with any software tool, there are occasionally small things with Cube that can be improved. What sets some companies apart in this area is their willingness to listen to feedback and continuously improve their product - Cube absolutely passes this test. They have been very patient and willing to listen to any and all feedback we have offered, and I can tell they genuinely care about hearing customer feedback that they can use to continuously develop new features and improve existing ones. The software is designed with the end-user in mind and it shows.

Vorteile

By far have gained the most traction with other areas of the business like sales, operations or marketing as they can intuitively use this embedded in excel vs a new system. Transition and understanding super quick and easy

Nachteile

Dashboarding still not intuitive enough like a PowerBI or Tableau

No detailed project management tool to track progress of important FP&A projects like budgets, long term plans or rolling forecasts.

Vorteile

We've been using Cube software for a little over a year. So far, the experience has been excellent. We are able to pull the data from our accounting software, which is Sage Intacct, right away after setting up the initial connection. The end user interface is in Excel format, which is super friendly for people like me who do analysis via Excel frequently. On top of all these, Cube is able to integrate with other software like Salesforce. We've been able to pull the sales data from Salesforce via Cube successfully, which is great news considering the more integrated it is, the less effort the user needs to put in. Customer experience has been decent and timely. Whenever we had issues with Cube like importing/exporting entries or setting up new dimension accounts, we usually receive a response promptly from Cube support after sending an email over to explain the situation. The actual time that takes to solve the issue is typically within 24 hours.

Nachteile

Not that I am aware of. If there is one thing I have to say about it, the integration setup via Salesforce was taking longer than we anticipated. It's also partially our fault since we didn't have enough hands to help set up the API on our end.

Vorteile

Cube improves the efficiency and customization of the day to day functions of FP&A. Using Cube, we've reduced the preparation time of recurring reporting immensely. Cube is highly customizable in both Google sheets and excel making it a versatile tool to enhance FP&A deliverables.

Nachteile

In the year my Company has utilized Cube, we've experienced numerous issues with complete and accurate reporting. There have been multiple instances where the integration between Cube and our accounting system were not functioning properly rendering the capabilities of Cube unusable. The customer support team is very responsive, however these issues sometimes takes days to resolve.

Vorteile

Quick and easy to implement. Customized templates are great and flexible. Streamlining old manual processes through automation.

Nachteile

Processing speed could be a bit better, especially when running routine data fetches.

Vorteile

Cube is very user friendly, you do not require alot of training or technical knowledge to access Cube. Perfect tool for FP&A department of a mid size company as it enables you to drilldown to the leaf level information while maintaining the high level information the executive team is interested in viewing. Most impressive aspect of cube is that it allows you to fetch huge amounts of data within seconds and the recent enhancements cube implemented like 'remove 0 rows from results' is a major plus in reteriving relevant data.

Nachteile

The only shortcoming i can think of is that it is limited to 8 top line Dimenions. Although you can bring in as many attributes of data as you want, but i would really like cube to increase top line dimensions to 10. Also, the ability for cross level interaction within multiples cube would be a major plus once implemented.

Vorteile

I like the ease of use. Along with the ability to integrate the reports/data with google sheets & excel.

Nachteile

I don't have any major complaints at the moment.

Vorteile

Cube had a quick implementation window with a small learning curve to get up and running. Our team was hesitant at first migrating off a more robust financial planning tool and back into Excel, but it was seamless and has ended up improving te reliability and timeliness of our reporting.

Nachteile

It would be nice if Cube had a more robust headcount planning tool. We are a small company so managing this in Excel is okay, but I could see this becoming a challenge as we grow and scale.

Vorteile

ease, customer support, adaptability. Small team friendly

Nachteile

nothing because they have met our expectations

Vorteile

Cube provides an interactive, easy to use and simple interface to access and analyse financial data in a matter in which many finance professionals are familiar with - within Excel itself. Once it's set up, it works well in achieving its goal through simplicity and intuitive template building. It provides a great way to quickly update budgets, drill into detail from the underlying Cube data table, and data is easy to update (such as dimensions or mapping) or export raw data for analysis in external platforms.

Nachteile

Detail isn't as easily visible as it could be, as drilling int detail requires first creating a Cube template and then drilling into a specific value. While this simplicity is a key strength for high level updates or budgets, or even GL-level data, analysisng underlying transactional data using Cube isn't as effective as it could be. Cube should aim to implement the ability to query its data warehouse via external platforms such as Power BI or Tableau, which doesn't currently exist. Being able to query the Cube data via API, Odata feed etc would elevate the solution to a higher level, and would allow Cube to not only provide value in Excel, but to be used as a warehouse solution as well, which would remove the need for software such as Snowflake in small or medium sized businesses. Currently to analyse Cube data in more granular detail requires exporting the data manually to the tool of choice. This is unfortuante as it seems Cube already has the tools and setup in place to act as a good warehouse tool - the customer has set up the dimensions, structures, queries and rules within Cube to create Excel Cubes, would be good if it could then be queried externally.

Vorteile

It has to be Cube's flexibility and the ability to quickly provide the ever-changing reporting requirements of the business. It also integrates with our systems to extract data from multiple sources. Cube’s is such a great time saver when closing and reviewing month-end activities.

Nachteile

It would be great if Cube could accept live updates from the ERP – This would help eliminate timing delays and manual refreshes required by the team.

Vorteile

Very easy to use. The big win is Cubes native gsheet/excel addon.

Nachteile

Not as powerful as some more expensive competitors.

Vorteile

Cube has helped speed up month-end reporting by days! What used to be an amalgamation of multiple spreadsheets filled with errors has turned into an easy click of the button.

Nachteile

Manually importing data - although it's still a click of the button, having to click that button a few times a day can be a little annoying. Although, I hear that they will be automating this feature in the near future so looking forward to it!

In Betracht gezogene Alternativen

Vorteile

Ease of use. Integration with Netsuite and the Excel addon are both very straightforward and easy to use.

Nachteile

Integration is not completely automatic, any new addition/change to your chart of account needs a manual add. Customer service was excellent at the beginning but am now slower to respond.

Vorteile

My favorite thing about Cube is the amount of time I save. Whether it is pulling budget vs actual, filling in templates for board reporting. All of it is done in a single click of a button.

Nachteile

The one thing I would recommend is an automatic sync. But the manual Sync only take 3 minutes, so not a huge negative.

Vorteile

Overall an excellent product that is intuitive, simple to use, and agile. We needed the flexibility for FP&A and many of the enterprise tools have high barriers of entry and up-front configuration needed.

Nachteile

Integration into our ERP is a bit clunky as it needs file download and upload. Better integration would be helpful.

In Betracht gezogene Alternativen

Gründe für den Wechsel zu Cube

Vorteile

it is super easy to understand and use for the new users

Nachteile

There is nothing; I am enjoying using Cube till now

Vorteile

The ability to fetch well mapped data for ease of responding to stakeholder requests

Nachteile

Data mapping, data input configuration. It took sometime to set-up and there was some lag in getting integrations sorted successfully.

Vorteile

Cube has been helpful in automating our FP&A activities such as monthly actuals vs. budget reporting and creating easy-to-use Excel templates to track and monitor KPIs.

Nachteile

Since Cube leverages Excel-based templates, it may require additional work to create various ad-hoc reports and verify that formulas/linking are done correctly.

Vorteile

I love the drilldown function and the ability to fetch data super quickly. In addition, it provides a really intuitive view of our accounting software and how the 2 map together.

Nachteile

Not as feature-rich when compared to some of the larger ERP alternatives.

Vorteile

The ability to slice and dice information as one source of truth is very important.

Nachteile

It did take a little while for this exec to navigate and work out the functionality.

Vorteile

Cube allows an easy overview of P&L which can be used in excel, making month on month reporting easier for an accountant.

Nachteile

It can be slow for information on posted in the accounting system to be updated on Cube.

Vorteile

The ability to integrate the product in our models on Google Sheets.

Nachteile

The product doesn't have many features. It lacks analytics, dashboards, and other comprehensive features.

Vorteile

The software is easy to use and quite intuitive. I've used other planning and reporting tools and was able to use their tool without watch any training, just trial and error.

Nachteile

1) Limitations/restrictions to publish and override data by GL intersect
2) Limited to 7 dimensions