RISKTURN

RATING:

4.6

(11)

About RISKTURN

RISKTURN is a cloud-based accounting tool for businesses of all sizes and industries. It offers budgeting and forecasting features that integrate financial and time variables in cash­-flow planning. Various versions of each project can be created in order to test different financial and time-based variables. Users can define timelines for project phases, set probability and impact values for possible risks and run Monte-Carlo simulations. Project owners can also authorize other users to collaborate on projects as needed. RISKTURN’s built-in cash flow template helps users record costs and revenue. Users can mark cash flow items as fixed or variable, select depreciation and amortization plans, composite items by quantity and unit price and import or export d...

RISKTURN Pricing

Riskturn offers different pricing tiers. Cloud standard: $95/month or $950/year for a single-user Cloud customizable: To request enterprise-level pricing, contact Riskturn directly.

Starting price: 

$95.00 per month

Free trial: 

Available

Free version: 

Not Available

Overview
Slide 1 of 6

RISKTURN Reviews

Overall Rating

4.6

Ratings Breakdown

Secondary Ratings

Ease-of-use

4.5

Customer Support

4.5

Value for money

4.5

Functionality

4.5

Most Helpful Reviews for RISKTURN

1 - 5 of 11 Reviews

tancrede

Banking, 10,000+ employees

Used weekly for less than 12 months

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

5

Reviewed May 2017

Experienced Trade finance banker

In the past you had a range of parameters, and one was able to evaluate how different parameters evolved, but were not able to put them together. Now with RiskTurn, you can actually sum up all your risks and see how one element moving will impact the other variables and how it will impact your overall success rate with each project. And you can compare them too.

PROS

I work with many clients who are looking to secure their accounts global accounts receivables at the best possible cost. This is a great tool to help them with modelling their various scenarios (country risk, political risk, bank risk, client risk, commodity risk) to ensure they can secure their cash in without risking to loose too many clients due to extreme credit protection measures. The software is very user friendly but also allows sophisticated scenarios. A great decision making tool.

CONS

It could have been useful to have some more precise demos/ examples of how others have used it in online help.

Vendor Response

Hello Tancrede, thank you for your opinion! We strive to support the optimization of our customers' budget allocation and let them compare potential investments. We also share different templates to help the users' start. Write to us at info@riskturn.com and we will be glad to answer to your needs. Alexander, Riskturn support team.

Replied May 2017

Ruggero

501-1,000 employees

Used free trial

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed October 2016

Innovative and user friendly

I have tried the software with the idea of using it in university project management courses. With just a few clicks, the software allows to simulate the effect of risks on project cash flows and the resulting financial indicators. I appreciated the user friendliness of the software that - with a little training - should allow project managers to analyze risks in their projects, which usually requires deep technical expertise. Compared to other software, Riskturn integrates risks related to time: for instance, an activity can last more or less than expected and this can lead to increased costs or delays in revenues. For the more sophisticated users there are also special features to consider the specific cost/revenue profiles, the amortization and to mathematically model the risks. Congratulations to the developers who brought risk analysis to a new level of accessibility.

PROS

User friendly, considers time-related risks

Vendor Response

Hello Ruggero, thank you for spreading the voice about Riskturn! We are interested in collaboration with Universities, because we think that this approach is leading to a better economic valuation of projects! Alexander, Riskturn support team.

Replied May 2017

Anonymous

Used less than 12 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

4

EASE OF USE

3

VALUE FOR MONEY

4

CUSTOMER SUPPORT

4

FUNCTIONALITY

4

Reviewed April 2018

Simple and accurate budgeting application.

PROS

Risk turn is a user friendly capital budgeting and forecasting application that is accurate and very helpful for business planning.

CONS

The application is cloud based, thereby requiring a strong and constant internet connection in order to access

Vendor Response

Thank you for your review, we appreciate your positive feedback!

Replied April 2018

Stefano

Building Materials, 51-200 employees

Used daily for less than 6 months

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

4

Reviewed September 2016

very fast!

I'm not an expert of this kind of tool but this is very simple and clear. Until now we use Excel for this analysis and the quality of the rsult is not the same.

PROS

The speed of use, you don,t need to be an expert

CONS

Probably it would be nice if will be possible integrate the tool with our other software (eg. for input/output of some specific data)

Vendor Response

Hello Stefano, thank you for reviewing Riskturn! We have focused our effort to develop a user-friendly cloud solution, to enhance the quality of results and to avoid the Excel black-box effect. The integration with other tools is already available for the Enterprise editions! Alexander, Riskturn support team.

Replied May 2017

alessandro

Financial Services, 51-200 employees

Used less than 6 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed September 2017

A very useful tool to support a sound decision making process

PROS

The Riskturn software looks very intuitive to use, a few steps get you started without any long instruction manual to follow, and results are impressively clear and, visually speaking, looking good and understandable at first sight

CONS

In our particular field of small-mid cap private equity investors, we happen to deal with unpredictable factors, very often depending on the entrepreneur we are negotiating with, which is impossible to insert into a model. Larger organisations dealing with larger investments will be more at ease with the models obtained, as human factors are possibly less important in the big picture.

Vendor Response

Hello Alessandro, Thank you for your positive feedback. We are glad to see that you are getting helpful results from Riskturn for your private equity activities. Best, Jean

Replied October 2017