All Clockwork Reviews
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John
Verified reviewer
Civic & Social Organization, 11-50 employees
Used weekly for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed September 2021
No Brainer Decision...buy it.
9/10 because no one is perfect. 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...but they picked up anyways and were happy to help. The tool is sexy and intuitive and I use it to model my major business decisions like new hires, new purchases and impact on P&L/cashflow...and it saves so much time/provides all the transparency. Love it so much I use it for my clients who I provide bookkeeping services to.
PROSThe software saves minutes-hours of every time I want to forecast, plan, model depending on the complexity...so literally days back in my months. It is aesthetically and visually appealing. It UPDATES ON ITS OWN so I don't have to. Links directly with QBO and Xero. Oh and they are a tech company with actual humans behind them. They talk to you. They listen. They actually service their customers.
CONSReaching here because I love it...the tech is great, the price is right, the ROI is there, the customer service is there...I don't know I'd like it more if they gave it away for free? Not sure that is a reasonable request though...
Reason for choosing Clockwork
The look/feel of the software and the culture of the company.
Reasons for switching to Clockwork
Because building modeling spreadsheets makes my brain hurt. QBO/Xero tools are antiquated and overly simple as well as scary looking. Paying a third party to build models is too costly.
John
Accounting, 2-10 employees
Used daily for less than 6 months
OVERALL RATING:
5
EASE OF USE
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed October 2020
Clockwork = Cash Flow
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. Love this and out clients are loving the visibility and results
CONSI can't think of any cons about Clockwork at all. I feel they've covered their bases very well!
Reason for choosing Clockwork
Seemed cleaner, easier to use, and the support team understood cash flow from an accountant's position and from the end user position.
Katie
Accounting, 1 employee
Used monthly for less than 6 months
OVERALL RATING:
4
EASE OF USE
5
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed December 2020
Quick and Simple
Clockwork is helping develop forecasts for next year and develops a cash forecast. This has been great to help see the potential for next year.
PROSThere 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. There is view only user access to give others access without having to worry about them playing around. It has the option for scenario planning although I haven't used that yet.
CONSIt seems to be a bit buggy at times when trying to input an advanced calculation and when changing the formulas for inputs. My businesses are startup and so I was creating completely new forecasts instead of going off the trends. When changing the numbers from month to month I found it a bit difficult to reset an assumption or change it. You can't see a report or graph that shows yearly actual + forecasts. It requires a separate tool to see actual vs forecast performance.
Reason for choosing Clockwork
In seeing Jirav it looked like a lot of set up. Clockwork was so simple to integrate and get started.
Tatiana
Computer Software, 11-50 employees
Used weekly for less than 12 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed October 2020
Clockwork for financial analysis and business insights
We have been very happy with Clockwork as a supplement to Xero. We'd been searching for a tool that enables us to analyze our financials beyond Xero's capabilities, and Clockwork has filled that gap. With Clockwork we've been able to model scenarios and make business decisions in a way that we never could before, which has helped us immensely as a rapidly growing company
PROSThe interface of the platform is very intuitive and sleek. Permissions are easy to control, so we can have transparency across our team without allowing everyone to edit the data. The ability to scenario plan and edit forecasts is incredibly useful and saves us a lot of time from having to do this manually The dashboard is great for visualizing our cashflow and financial model. The charts available provide great insights and visibility into our financial performance, both past and projected. The tool automatically syncs with our Xero account, and updates all of the models and KPIs - something that's saved us a lot of time and effort, and has helped us make quicker decisions based on these up-to-date insights
CONSInitially we had some challenges syncing with our Xero account, but we contacted the Clockwork support team and they took care of the issue very quickly. We have not had the same issue since.
Timothy
Information Technology and Services, 51-200 employees
Used weekly for less than 12 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed November 2020
An essential tool that is easy to use.
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.
PROSThe team at Clockwork is extremely knowledgeable and our implementation went very smoothly. The support team has been awesome to work with and we've benefited greatly from adding Clockwork into our planning and forecasting strategy.
CONSIn order to take full advantage of all that Clockwork has to offer we had to put a lot of extra effort into updating our QBO records and ensuring that they stay as up-to-date as possible.
Youness
Verified reviewer
Accounting, 2-10 employees
Used weekly for less than 6 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed November 2020
Great Cash Flow and Financial Forecasting tool
We've started using Clockwork.ai to get a better handle of the cash flow for one my clients and to help project future earnings and it has been revolutionary for us! The business owners love it 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 then looking at #s on a spreadsheet, and me as the CPA love it because of how much time it saves in explaining where we are at and why the $ amount in our bank account isn't necessarily a good indicator of our financial health.
CONSTo get full use of the tool there is a bit of a learning curve as there are many different functions and graphical displays that can be a bit overwhelming at first. That said once you get an understanding of what is being shown, it is very informative and useful
Mathew
Marketing and Advertising, 2-10 employees
Used weekly for less than 6 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed November 2020
Time saver, accurate & easy to use
Clockwork has been a game changer in helping us to quickly and accurately understand our cash flow and plan out what-if scenarios - especially across resourcing. 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 and is built into our processes. Would recommend 100%.
PROSEase of set-up & integration with QBO. Accuracy of cash flow forecasts Scenario planner has been incredibly helpful in terms of taking the guesswork out of resourcing Knowledgeable and responsive support
CONSWhen I first started using Clockwork there were some additional insights I would have liked in terms of breaking down the level of detail in my P&L. However, they recently rolled out account grouping which means I can now break out and group different categories, which has been super helpful.
Kurt
Venture Capital & Private Equity, 2-10 employees
Used monthly for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed October 2020
Uniquely Easy to Setup and Use!
Software is great. Team is enthusiastic.
PROSAmazingly 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.
CONSThe software did not have any overarching defects or flaws. It is comprehensive and well thought out.
Reason for choosing Clockwork
We didn't go through a long evaluation, rather, we compared what Clockwork was doing to what our internally developed spreadsheets were doing, and it was clear that we'd gain considerable accuracy and efficiency using Clockwork.
Reasons for switching to Clockwork
Needed to scale. Excel didn't connect to Quickbooks.
Benjamin
Internet, 1 employee
Used weekly for less than 12 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed October 2020
Cash flow clarity
Clockwork helps me better understand and predict how my cash balances will look through uncertainty and lumpy in-flows.
CONSI needed to clean up my quickbooks instance to take full advantage (which isn't the software's fault)
Ramy
Financial Services, 1 employee
Used daily for less than 6 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed October 2020
A Necessity
The ease of use and cash flow tracking make my day to day so much easier than it normally would be.
CONSThat I can't use this to manage the rest of my life instead of just finances and operations.
Jasmine
Construction, 2-10 employees
Used weekly for less than 6 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed December 2020
A Cash Flow Tool That's Easy To Set Up & Intuitive To Use
Clockwork has been so easy to use, helping us to easily and accurately predict our cash flow projections.
PROSThe scenario planner is incredibly easy to use and allows us to model different scenarios so we can make better financial and business decisions.
CONSNone. For what we needed, a cash flow forecast tool - Clockwork has been a game changer. The other tools we tried took ages to set up and were frustrating to navigate. Nothing negative to say about Clockwork. If your looking for an easy and intuitive tool - this is it.
Courtney
Financial Services, 1 employee
Used monthly for less than 6 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed November 2020
Clockwork is Awesome!!
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! If needed, you can easily tweak and run scenarios. If your company has a decent amount of operating history; Clockwork will 100% own the forecast.
CONSEarly on, the QB sync would sometimes drop off. Seems to be fixed now!