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CALUMO

CALUMO

4.4
(18)

CALUMO is cloud software that simplifies internal financial reporting and budgeting for accountants.

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Showing 19 CALUMO reviews
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CALUMO review by Michelle  R.
Michelle R.
Validated Reviewer
Verified Current User
Review Source

"Calumo"

What do you like best?

Ability to sit over multiple databases. We are able to report daily and monthly on financial and non-financial indicators. Able to perform fast ad-hoc self service queries and generate standard reports where other users can refresh as needed. Reporting is able to be combined with excel, making results more powerful.

What do you dislike?

Nothing, other than at first the number of measures and data fields can be a bit overwhelming. However after more familiarity with these, ad hoc data queries are extremely simple and fast.

Recommendations to others considering the product

The team at Calumo are very responsive and always keen to implement enhancements and improve the user experience.

What business problems are you solving with the product? What benefits have you realized?

More insight to root causes of issues. Ability to address issues as they arise. Ability to report and view data that was very difficult to obtain from source systems.

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CALUMO review by Richard P.
Richard P.
Validated Reviewer
Verified Current User
Review Source
Business partner of the vendor or vendor's competitor, not included in G2 Crowd scores.

"I love what this allows us to do in enterprise reporting and performance improvement"

What do you like best?

Working from core systems data to SSAS, to Calumo, to Excel, to web, to Office documents, to mobiles, action - quickly, with confidence and grace.

What do you dislike?

That there is always new data I would like to integrate - that's hardly a fault of Calumo.

Recommendations to others considering the product

Talk to Calumo clients like yourself, and in your industry.

Go to a Club Calumo event and talk to other users.

When you consider the costs of alternatives, look carefully at the costs to administer, the training required, the licensing model that allows you to get the benefits out to all your people, and the flexibility in the presentation layer to do precisely what you can imagine you will require. We looked hard, Calumo came up as the correct answer, and that has been borne out in 2 years hard usage.

Look for a vendor whose Consultants can contribute to your business - in our business, Calumo Consultants are invited to project and team meetings from time to time, and are a hugely valuable sounding board for everything from metric design and usage, to change management.

What business problems are you solving with the product? What benefits have you realized?

Daily Operational and periodic interactive (commentary capturing) Reporting

Planning

Performance improvement.

What Corporate Performance Management (CPM) solution do you use?

Thanks for letting us know!
CALUMO review by Christopher W.
Christopher W.
Validated Reviewer
Verified Current User
Review Source

"Great data visibility and custom reports"

What do you like best?

Custom reports that auto-refresh are indispensable. Go from updating countless spreadsheets every month to reading reports that are automatically generated.

What do you dislike?

User Interface could be a bit more intuitive

Recommendations to others considering the product

Minor improvements in a business from understanding a company's data can lead to Millions of dollars over the short term. Company's rarely need more data, but most often need to understand the data they already have. Calumo helps understand, and automates reports to watch any KPI in a few clicks.

What business problems are you solving with the product? What benefits have you realized?

Helping business decision makers get faster answers to the questions they are asking, and showing them the answers they didn't think to ask.

CALUMO review by Andrew G.
Andrew G.
Validated Reviewer
Verified Current User
Review Source

"A robust solution coupled with knowledgable consulting support"

What do you like best?

Their managed service offerings. Good value with consulting staff who are very knowledgeable qualified accountants that draw on their work from other customers to suggest best practice and put in place a good end solution.

What do you dislike?

Sometimes consultant availability is hard as they are tied up with other clients, which is a business risk if you rely on them as a managed service.

Recommendations to others considering the product

Start small in what you setup and then grow it over time. Consider their consulting in the setup so best practice structure is in place from the beginning.

What business problems are you solving with the product? What benefits have you realized?

Implementation of project management reporting to allow greater transparency on capital works.

Introduction of dashboard reporting to bring high level financial information closer to end users.

CALUMO review by Administrator
Administrator
Validated Reviewer
Verified Current User
Review Source

"Excellent product transformed business process"

What do you like best?

Ease of reporting, flexibility in format of reports and ability to view multiple sets of data in one view. Publishing of reports and the drill down to transaction level are all hugely beneficial. Integration of various types of databases to have a single

What do you dislike?

Writing of report sin excel takes some training and practice and sometimes the bugs are difficult to find. The web reporting could be improved to create a more dashboard type feel where high level financials can be summarized and shared easily in a user friendly format.

What business problems are you solving with the product? What benefits have you realized?

Speed of reporting more real time and month-end close, end user review of data, variance analysis, sharing of financial data, putting ownership of results and performance in the managers hands as opposed to waiting on reports to be distributed.

CALUMO review by Alister C.
Alister C.
Validated Reviewer
Verified Current User
Review Source

"The Power of One"

What do you like best?

Sits on the MS BI stack, Excel integration, Slice and Dice Web Browser, MDX from Excel, Published reports from excel, Writeback from excel or web, Drill thru to Transaction (excel or web), Can publish excel graphs, In-cell charts, technical support is great, consultants great. The product is so functionally rich... eg the four different slices to excel you can do each with their own strengths. Really well thought out and intuitive product.

What do you dislike?

the name... What does it mean??? Hires publishing to PDF... not high res enough for people that like a page full of numbers (and I mean A3 page FULL OF NUMBERS)

Recommendations to others considering the product

No brainer... talk to me if you have any doubts

What business problems are you solving with the product? What benefits have you realized?

Budgeting, forecasting, modelling, Reporting!!!!, adhoc analysis. benefits => massive

CALUMO review by Cathi J.
Cathi J.
Validated Reviewer
Verified Current User
Review Source

"Key long-term business partner"

What do you like best?

Great product, and expert consultants who are knowledgeable, flexible and super-responsive.

What do you dislike?

Not having enough time to better use it.

Recommendations to others considering the product

Flexible product, easy to install, and is able to bring together data from a variety of sources to enable better business decision-making.

What business problems are you solving with the product? What benefits have you realized?

CALUMO is our key financial reporting tool, used for monthly and annual financial reporting, ad-hoc financial reporting, and annual and long-term financial planning and modelling. We have a detailed financial model for our annual operating budgets and the preparation process is significantly streamlined with CALUMO, and it is easy to slice and dice the reports as required by management and our board.

CALUMO review by Grant H.
Grant H.
Validated Reviewer
Verified Current User
Review Source

"Very positive experience"

What do you like best?

CALUMO is a very powerful tool that is enabling us to provide timely information to our various stakeholders. The visualisation provided by dashboards is very impressive

What do you dislike?

You need to have a fairly comprehensive understanding of how the system works in the background to get the most out of it.

Recommendations to others considering the product

You need to clearly understand what it is you are wanting to get out of a BI Tool

What business problems are you solving with the product? What benefits have you realized?

More timely information which is better presented and allowing us to customise information for cost centre managers through the sue of dashboards.

CALUMO review by Sue G.
Sue G.
Validated Reviewer
Verified Current User
Review Source

"Calumo will change how you work"

What do you like best?

Easy to use

Intuitive

Visual

Drill through

What do you dislike?

Nothing - it's a great product.

Recommendations to others considering the product

Think beyond what you're doing now

What business problems are you solving with the product? What benefits have you realized?

Budgeting and forecasting; regular reporting

Used for reporting finance, research, HR, student, CRM and energy

UNSW have been using calumo for nearly 10 years. Over that time the product has matured and our use of has changed. Our user base is almost 5,000. User have information at their fingertips.

CALUMO review by Jim W. R.
Jim W. R.
Validated Reviewer
Verified Current User
Review Source

"Calumo has helped us gain accounting visibility with Executives and Operations"

What do you like best?

Customization and support when we get it.

What do you dislike?

Support takes a long time to resolve issues. It seems like we aren't a very high priority with Calumo, but when we do get resources allocated to us, it is very good.

Recommendations to others considering the product

Customization and ease of building reports is great.

What business problems are you solving with the product? What benefits have you realized?

Reporting financials and reporting KPIs to management. Higher visibility has solved many operational problems.

CALUMO review by User
User
Validated Reviewer
Verified Current User
Review Source

"Director Budget & Management Reporting"

What do you like best?

I like the ease of use of the product. The ability to use multiple dimensions ie slicing data in various ways. The product is agile and seems to cope with changing demands readily. On site support from Calumo consultants have also been extremely beneficial

What do you dislike?

We don't currently use the commentary input which would be of great use for us. Budgeting and forecasting capabilities are also not maximized. Can have issues with aspects depending on the type of browser utilized can be frustrating as well.

What business problems are you solving with the product? What benefits have you realized?

dynamic reporting, self service for non-finance staff

CALUMO review by User
User
Validated Reviewer
Verified Current User
Review Source

"Great BI tool - couldnt function without it!"

What do you like best?

The flexibility in having multiple datasources in the one place, and being able to slice and dice things the way I want to.

What do you dislike?

Can be a little clunky especially when dealing with large volumes of data - might be down to a business implementation issue as opposed to the tool itself.

Recommendations to others considering the product

Implementation is key

What business problems are you solving with the product? What benefits have you realized?

Budgets, forecasts, analysis

CALUMO review by User in Restaurants
User in Restaurants
Validated Reviewer
Verified Current User
Review Source

"Changed How we look at our business"

What do you like best?

Getting our financials with more information such as % of sales and drillability to GLs.

What do you dislike?

It takes a lot of time/money to get data in and going.

Recommendations to others considering the product

Its been great to get what we need for our executive team. We are still adding data/features to it.

What business problems are you solving with the product? What benefits have you realized?

Getting data to executives hands faster, better, and more accurate. Gives us different slices that we ask for such as department/country.

CALUMO review by Darren K.
Darren K.
Validated Reviewer
Review Source

"Been an enjoyable collaborative learning and development experience"

What do you like best?

The flexibility and customisation of the program and the ability to automate tasks so that more time is spent on analysing rather than preparing

What do you dislike?

Our ERP system whose SQL integration solution was very flaky.

Recommendations to others considering the product

Engage with a good consultant and define scope of development priorities well.

What business problems are you solving with the product? What benefits have you realized?

Automation, Financial Controls, Robust Budgeting & Forecasting

CALUMO review by User in Financial Services
User in Financial Services
Validated Reviewer
Verified Current User
Review Source

"calumoexp review"

What do you like best?

user friendly and flexible view of the data

faster data view

easy to connect and easy to learn

dynamic and secure reporting

What do you dislike?

slicing and dicing can be improved

some of the functionalities are not easy to learn for the beginners

What business problems are you solving with the product? What benefits have you realized?

slicing and dicing of data across multiple dimensions and facts of the business

CALUMO review by Executive Sponsor in Higher Education
Executive Sponsor in Higher Education
Validated Reviewer
Verified Current User
Review Source

"Calumo is a great Finance tool with excellent vendor support"

What do you like best?

The vendor is continually improving the product.

What do you dislike?

More visibility of inbuilt budgeting and forecasting capabilities

Recommendations to others considering the product

Utilise the web version rather than the excel addin as much as possible

What business problems are you solving with the product? What benefits have you realized?

Annual budget creation and monitoring improving financial management. Daily reporting of funds spent and remaining for project reporting allowing quicker more efficient decisions.

CALUMO review by User in Higher Education
User in Higher Education
Validated Reviewer
Review Source

"Good BI tool for Finance"

What do you like best?

Integration with MS-Excel, Dynamically expanding reports, ability to write-back and ease of use

What do you dislike?

Lack of visualisation tools and statistical capability

Recommendations to others considering the product

If your focus is mainly Financial information and reporting e.g. Budgeting, forecasting, GL reporting etc, Calumo is a very good tool. It doesn't have sophisticated visualisation tools like Tableau but it does financial information management really well.

What business problems are you solving with the product? What benefits have you realized?

Developed suit of dynamic self-help fund statements and financial reports. Main benefit is better customer satisfaction and time savings.

CALUMO review by User
User
Validated Reviewer
Verified Current User
Review Source

"very good"

What do you like best?

ease of use

access

excel add in

reporting

What do you dislike?

response time on refresh can be slow

needs more visualisation tools

What business problems are you solving with the product? What benefits have you realized?

efficient reporting

CALUMO review by Administrator in Real Estate
Administrator in Real Estate
Validated Reviewer
Review Source

"Simple to use, very powerful, amazing single click web report publishing"

What do you like best?

Ease of use and simple creation of web reports

What do you dislike?

Not much really - security model can be a little confusing (but that is common to most software solutions!)

What business problems are you solving with the product? What benefits have you realized?

End of of monthly financial reporting.

Consolidations.

Budgeting and forecasting.

Reduction in headcount for reporting and also timeframe.

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