Clockwork

RATING:

4.9

(12)

About Clockwork

Clockwork integrates with QuickBooks Online and Xero to power growing companies and leading CPA firms with the most accurate and easy to use FP&A platform to generate more revenue and provide advisory services

Clockwork Pricing

Unlimited users, assumptions, and scenarios. Implementation, onboarding, and training included as well. Annual purchase receives 20% discount

Starting price: 

$749.00 per month

Free trial: 

Available

Free version: 

Not Available

Dashboard w/ financial model
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Clockwork Reviews

Overall Rating

4.9

Ratings Breakdown

Secondary Ratings

Ease-of-use

5

Customer Support

5

Value for money

5

Functionality

5

Most Helpful Reviews for Clockwork

1 - 5 of 12 Reviews

User Profile

John

Verified reviewer

Civic & Social Organization, 11-50 employees

Used weekly for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

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.

PROS

The 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.

CONS

Reaching 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

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed October 2020

Clockwork = Cash Flow

PROS

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

CONS

I 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

Review Source: Capterra

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.

PROS

There 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.

CONS

It 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

Review Source: Capterra

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

PROS

The 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

CONS

Initially 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

Review Source: Capterra

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.

PROS

The 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.

CONS

In 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.