Below are a list of frequently asked questions we commonly get asked. If you have a question that isn't answered below, please send it to us via email 📧 and we'll be sure to get you an answer!
Forecasting financials for startups is an incredibly complex task because their are some many variables and ambiguities that exist. We try to streamline this process by making sure all the calculations are correct and that the formatting process is easy. All you have to focus on are a few key assumptions based on some research you do doing the startup phase. Don't worry if you don't know what we're talking about, we have plenty of documented resources here and fun videos here to help get you started! If you run into any issues just drop us a note here.
No, we're definitely not trying to replace Excel! We love Excel but understand that it can be overwhelming for new users. We're trying to complement Excel's functionality by giving Finply users access to a more simple user interface and by running all the complicated calculations on the backend. Doing this lets you develop models much more quickly and give you more confidence that they are free from formula errors.