Financial Analysis Software

Financial analysis software reviews and reports on a company’s day to day accounting information such as the purchase ledger, accounts receivable and inventory to answer financial questions relating to the profitability, stability, and viability of a business of a whole or its sub-parts. It can also be used to forecast changes and produce reports that allow a company to make better future financial decisions. A range of financial analysis software is available, serving different functions. The most basic software might analyse data to provide everyday financial reports, whereas more advanced software can include business analytics such as data mining and predictive modelling, a mathematical model that predicts future outcomes. Financial analysis software is an invaluable tool in defining the financial goals of any business, not only in the financial sector where its used by banks, insurers, and financial advisors but also in manufacturing and retail where future predictions are needed for inventory and sales purposes.

  • BCP - Business Computer Projects Ltd