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.

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

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

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)

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.