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Vareto

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Company health

Employee growth
41% decrease in the last year
Web traffic
21% increase in the last quarter
Financing
June 2021 - $24M

Ratings

G2
4.7/5
(56)
Glassdoor
4.3/5
(24)

Vareto description

Vareto is a cloud-based financial planning and analysis (FP&A) platform designed for mid-sized and growing businesses. It provides tools for budgeting, forecasting, reporting, and data visualization all within a single platform. Vareto aims to replace spreadsheets with its intuitive and collaborative interface that connects to your existing business systems. Key features include real-time data integration, customizable reporting, and easy collaboration for teams to build, analyze, and share financial plans. Vareto prides itself on a quick implementation process and dedicated customer support to help businesses get started quickly.


Who is Vareto best for

Vareto is a cloud-based FP&A platform built for mid-sized, high-growth SaaS companies. Users praise its intuitive interface, real-time data integration, and excellent customer support. However, some have noted that its planning functionality and limited chart customization need improvement. Vareto helps streamline financial processes, saving time and enhancing collaboration.

  • Best fit for mid-sized companies.

  • Ideal for high-growth SaaS businesses.


Vareto features

Type in the name of the feature or in your own words tell us what you need
Supported

Vareto supports co-editing of reports, similar to Google Sheets.

Supported

Vareto supports customizable and interactive reports, including charts, tables, and summaries.

Supported

Vareto allows tracking key business metrics and financials against plans for performance monitoring.

Supported

Vareto dashboards are updated in real-time via direct integrations with various business systems.

Supported

Vareto creates interactive and customizable reports, implying support for various data visualizations.

Supported

Vareto supports budgeting, forecasting, and financial planning, including what-if analysis.

Supported

Vareto allows multiple users to work on the same project at the same time.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Customer Service

Strongly positive
+1

Ease of Use

Strongly positive
+1

Reliability and Performance

Rather positive
+0.33

Ease of Implementation

Rather positive
+0.6

Vareto reviews

We've summarised 56 Vareto reviews (Vareto G2 reviews) and summarised the main points below.

Pros of Vareto
  • Real-time data integration and automated reporting capabilities save significant time.
  • Intuitive and user-friendly interface for reporting and dashboarding.
  • Excellent and responsive customer support throughout implementation and beyond.
  • Customizable reporting allows for tailored views for different stakeholders.
  • Strong collaboration features enhance communication and information sharing.
Cons of Vareto
  • Planning functionality needs improvement, especially the user interface and performance.
  • Limited customization for charting and data visualization.
  • Backend complexities require support for implementation.
  • Manual data refresh from ERP is needed.
  • Lacks some integrations, requiring CSV uploads for certain data.

Vareto pricing

The commentary is based on 1 reviews from Vareto G2 reviews.

Vareto's pricing is considered worth the investment for its time-saving automation of financial reporting and operational metrics. Users appreciate its streamlined reporting processes and easy accessibility of financial information, justifying the initial implementation costs. No specific pricing details were mentioned in reviews.

See the Vareto pricing page.

Foundation

Custom

Clean up your data, automate reporting, and empower budget owners to answer their own data questions. Includes unlimited dynamic dashboards and reporting, 100+ metrics and dimension hierarchies, automated budget vs. actuals analysis, 3 data integrations, instant data drill-down, real-time collaboration features, unlimited users, granular access permissions, and Google and Microsoft SSO.

Growth

Custom

Everything in Foundation plus driver-based modeling capabilities to power planning, forecasting, and budgeting. Includes driver-based, fully customizable modeling, templates for various planning needs, real-time multiplayer model editing, granular permissions for model inputs, collaboration features, flexible data management, SAML-based SSO, and a dedicated Customer Success Manager.

Enterprise

Custom

Custom solutions for large organizations.


Vareto alternatives

  • Logo of Abacum
    Abacum
    Has slightly better ratings. Vareto alternative with more momentum.
    Read more
  • Logo of Jirav
    Jirav
    Better fit for smaller businesses. More affordable and easier to implement. Jirav is growing faster than Vareto. A Jirav alternative for mid-sized businesses needing more robust planning features.
    Read more
  • Logo of Panaya Change Intelligence
    Panaya Change Intelligence
    Better for managing software updates and changes in SAP, Oracle, or Salesforce. Focuses on risk reduction and automated testing for upgrades and migrations.
    Read more
  • Logo of SAP S/4HANA Cloud
    SAP S/4HANA Cloud
    Better suited for larger enterprises and a wider range of industries. Offers a more comprehensive suite of ERP modules but has a more complex implementation. Higher ratings on G2 and Capterra, but user reviews mention higher costs and less flexibility in customization. SAP S/4HANA Cloud is known for its real-time analytics capabilities. A strong SAP S/4HANA Cloud alternative for those prioritizing ease of use and faster implementation.
    Read more
  • Logo of Pigment
    Pigment
    Higher ratings and is growing faster. Better for larger enterprises. Offers real-time data sharing and AI-driven analysis. A Pigment alternative.
    Read more
  • Logo of Vena
    Vena
    Better for larger businesses and those preferring a familiar Excel interface. Has broader industry applicability. More established and has more momentum as a Vareto competitor and alternative. Users praise the seamless Excel integration and ease of use.
    Read more

Vareto FAQ

  • What is Vareto and what does Vareto do?

    Vareto is a cloud-based FP&A platform for mid-sized businesses. It offers budgeting, forecasting, reporting, and data visualization tools, replacing spreadsheets with a collaborative interface. Vareto features real-time data integration, custom reports, and streamlined financial planning.

  • How does Vareto integrate with other tools?

    Vareto integrates with various business systems for real-time data updates. It connects with ERPs for financial data, though some manual refreshing may be required. While it lacks some specific integrations necessitating CSV uploads, it prioritizes connections for real-time reporting and dashboard updates.

  • What the main competitors of Vareto?

    Vareto competes with other FP&A software platforms like Abacum, Jirav, Pigment, and Vena. These alternatives offer similar features such as budgeting, forecasting, reporting, and data visualization, targeting mid-sized businesses seeking to improve financial planning processes.

  • Is Vareto legit?

    Vareto is a legitimate FP&A software solution. User reviews praise its intuitive interface and responsive customer support. However, some users note that its planning functionality and limited charting customization require improvements. Consider exploring alternatives if these features are critical for your business.

  • How much does Vareto cost?

    Vareto pricing is custom for all plans. The Foundation plan starts at $20,000, while the Growth plan starts at $40,000. Contact Vareto for Enterprise pricing or to determine which plan best suits your organization's data management and forecasting needs.

  • Is Vareto customer service good?

    Vareto's customer service receives overwhelmingly positive feedback. Users consistently praise the responsiveness, helpfulness, and expertise of the support team, highlighting their proactive problem-solving and commitment to customer success throughout implementation and ongoing use.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

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.

TT
Tymon Terlikiewicz
CTO at Gralio

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.