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Runway Financial description
Runway Financial is a cloud-based financial planning software designed for mid-sized businesses. It offers tools for budgeting, forecasting, financial modeling, reporting, and scenario planning. Runway aims to simplify financial processes with an intuitive interface and automation features, such as integrations with accounting and HR systems for automatic data updates. Runway emphasizes collaborative planning, allowing teams to work together and create shareable reports.
Who is using Runway Financial?
Who is Runway Financial best for
We find that Runway Financial is a great fit for mid-sized businesses that need cloud-based tools to improve their financial processes, including budgeting, forecasting, and reporting. Users rave about the intuitive interface and responsive customer support. Keep in mind that initial implementation can be time-consuming, so plan accordingly!
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Runway Financial is ideal for mid-sized businesses (101-1,000 employees) seeking to streamline financial processes.
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We find Runway Financial particularly effective for businesses within the finance, banking, and insurance sectors.
Runway Financial features
Supported Automated Actuals via Integrations: Runway provides integrations to automate actuals from all your business tools. |
Supported Modeling for Scalability: Runway offers a modeling experience designed to prepare you for scale. |
Supported Scenario Planning: Runway allows you to answer “what if“ questions with Scenario Planning, connecting numbers with your business intent. |
Supported Interactive and Up-to-date Reports: Runway enables the creation of beautiful and interactive reports in seconds that never go out-of-date. |
Supported Forecast Revenue, Expenses, and Burn: Runway allows you to forecast revenue, expenses, and burn rate. |
Supported Level Up Financial Plan: Runway helps you level up your financial plan. |
Supported Analyze Scenarios and Outcomes: Runway allows you to analyze different scenarios and possible outcomes. |
We evaluate the sentiment that users express about non-functional aspects of the software
Value and Pricing Transparency
Customer Service
Ease of Use
Reliability and Performance
Ease of Implementation
Scalability
Runway Financial reviews
We've summarised 37 Runway Financial reviews (Runway Financial G2 reviews) and summarised the main points below.
- Intuitive and user-friendly interface.
- Excellent, responsive customer support via Slack and video calls.
- Flexible scenario planning and modeling capabilities.
- Seamless integrations with accounting, HR, and CRM systems.
- Automates data updates and reporting, saving time and effort.
- Limited customization options, such as formatting (bold, underline).
- Initial implementation can be time-consuming.
- Steep learning curve, especially for complex builds.
- Lack of granular permissioning.
- Limited forecasting options (e.g., no weekly forecasts).
Runway Financial pricing
The commentary is based on 7 reviews from Runway Financial G2 reviews.
We find that Runway Financial's pricing is generally considered high, but many users feel it's justified by the platform's power and excellent customer support. While the initial onboarding cost might be a hurdle for some, the long-term value and time savings often outweigh the expense.
Users sentiment
Runway Financial alternatives
Runway Financial FAQ
Runway Financial is a cloud-based financial planning software for mid-sized businesses. We find that it simplifies budgeting, forecasting, and reporting with an intuitive interface and automation features. It also emphasizes collaborative planning, enabling teams to work together effectively.
What is Runway Financial and what does Runway Financial do?
Runway Financial is a cloud-based financial planning software for mid-sized businesses. We find that it simplifies budgeting, forecasting, and reporting with an intuitive interface and automation features. It also emphasizes collaborative planning, enabling teams to work together effectively.
Runway Financial integrates with your accounting, HR, and CRM systems to automate actuals updates. This simplifies data entry and ensures that your financial models and reports always use the most current information.
How does Runway Financial integrate with other tools?
Runway Financial integrates with your accounting, HR, and CRM systems to automate actuals updates. This simplifies data entry and ensures that your financial models and reports always use the most current information.
Runway Financial's main competitors include Pigment, Forecastr, Jirav, Drivetrain, Abacum, and Planful. These alternatives offer similar financial planning and analysis capabilities for businesses seeking cloud-based solutions.
What the main competitors of Runway Financial?
Runway Financial's main competitors include Pigment, Forecastr, Jirav, Drivetrain, Abacum, and Planful. These alternatives offer similar financial planning and analysis capabilities for businesses seeking cloud-based solutions.
Yes, Runway Financial is a legitimate business planning software provider. We find that users praise its intuitive interface and responsive customer support. However, be aware of the potentially time-consuming implementation phase.
Is Runway Financial legit?
Yes, Runway Financial is a legitimate business planning software provider. We find that users praise its intuitive interface and responsive customer support. However, be aware of the potentially time-consuming implementation phase.
I'm sorry, but pricing information for Runway Financial is not available at this time. We recommend checking their website or contacting their sales team for the latest pricing details.
How much does Runway Financial cost?
I'm sorry, but pricing information for Runway Financial is not available at this time. We recommend checking their website or contacting their sales team for the latest pricing details.
We find that Runway Financial's customer support is highly regarded by users. They are praised for their responsiveness, helpfulness, and proactive approach, often going above and beyond to resolve issues and provide assistance via Slack and video calls.
Is Runway Financial customer service good?
We find that Runway Financial's customer support is highly regarded by users. They are praised for their responsiveness, helpfulness, and proactive approach, often going above and beyond to resolve issues and provide assistance via Slack and video calls.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.