Modeloptic Product Update: October 7, 2024

Luke Harris
Co-Founder, Modeloptic

We're excited to announce several new upgrades to Modeloptic's reporting capabilities:

1) Deliverable Reports

We've added a new module called "Reports", which enables you to organize your reporting materials into formal presentation decks, ready to be exported as PDF deliverables.

Reports within this module consist of pages, and pages can contain graphs, data tables, variance objects, text, and so on.

You can create reports and pages within them from scratch, or select from our extensive list of off-the-shelf presets.

Your reports can be configured to automatically update with the latest actuals, sparing you the time, effort, and error prone nature of manually updating everything by hand each month. We've also added additional flexibility and usability features that makes creating reports and shifting objects between them easier.

Once your report has been built, you can then easily export it to PDF, or you can select Presentation Mode to preview or present your report directly within Modeloptic.

If you're an existing user of Modeloptic, the previous "Reporting" module has been renamed to "Dashboard" and got some interface upgrades as well.

2) Exportable Images of Report Objects

In addition to being able to export your entire report to PDF, you can now also export individual report objects as images by clicking the download icon on the top right of any object:

This makes it very quick and easy to incorporate individual pieces of your reporting materials into other documents.

3) Reporting-Only Subscription Plan

We've also just launched a reporting-only version of Modeloptic for companies that don't need Modeloptic's forecasting features, but still want to leverage its reporting capabilities.

In the Reporting-Only Plan, you'll have access to:

  • All of our accounting system integrations
  • The Reports, Dashboard, and Variance Analysis modules
  • Full financial statements (utilizing your chart of accounts defined within Modeloptic rather than your accounting system's entire chart of accounts)
  • Transaction-level detail within the Variance Analysis module and financial statements
  • Consolidation capabilities (when utilizing multiple entities, which can consist of different corporate entities, departments, business units, locations, and so on)

Pricing for this plan is $50/month/entity, and we offer a 14-day free trial. If you're interested in signing up or learning more, please don't hesitate to contact us!

We hope you'll find these upgraded capabilities useful in managing your business and evaluating your company's performance. As always, we strive to help you spend less time on analyst tasks and more time on strategy.

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