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Velixo description
Velixo is a reporting, budgeting, and automation software that works within Excel to enhance your company's financial processes. It allows you to create reports, analyze data, and automate tasks, all directly connected to your company's ERP system. This means you can create financial reports, manage budgets, and handle project forecasts with real-time data, eliminating manual data entry and reducing errors. Velixo integrates seamlessly with Microsoft 365 for increased functionality and collaboration.
Who is Velixo best for
Velixo is a reporting and automation tool that enhances financial processes within Excel. Users praise its real-time ERP data updates, ease of use, and excellent customer support. However, some have noted slow recalculation times and limitations with project functionality. Ideal for small to medium businesses using Acumatica, MYOB, or Sage Intacct, Velixo streamlines reporting, budgeting, and forecasting with real-time data and automation, eliminating manual data entry and reducing errors.
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Best fit for small to medium-sized businesses leveraging Excel and ERP systems.
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There is no data on industry fit.
Velixo features
| Supported Velixo supports reports and dashboards using Excel's features and real-time data access. |
| Supported Velixo fully integrates with Excel for importing, processing, analyzing, and visualizing spreadsheet data. |
| Supported Velixo integrates with ERP systems and offers real-time data refresh for reports and dashboards. |
| Supported Velixo supports writing data back to ERP systems from Excel. |
| Supported Velixo offers budgeting, forecasting, and financial planning tools, including what-if analysis. |
| Supported Velixo offers email integration for report distribution, customizable with Excel data and charts. |
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
Velixo reviews
We've summarised 82 Velixo reviews (Velixo G2 reviews) and summarised the main points below.
- Real-time data updates from ERP systems.
- Easy to use, especially for Excel users.
- Excellent customer support.
- Flexible and customizable reporting.
- Seamless integration with Acumatica, MYOB Advanced, and Sage Intacct.
- Slow recalculation when multiple files are open.
- Occasional issues with distribution lists and single-row ranges.
- Limited project functionality.
- Initial setup requires manual user security assignment to GIs.
- Some difficulty with date filters when linking Generic Inquiries.
Velixo pricing
The commentary is based on 4 reviews from Velixo G2 reviews.
Velixo offers a cost-effective solution for reporting and budgeting, with users citing a quick return on investment. Its flexible pricing model, aligned with Acumatica's "No Named Users" philosophy, allows for broad organizational access. Some users find value despite the need for Excel formulas.
Users sentiment
Velixo alternatives
DatarailsBetter for mid-sized businesses focused on financial planning and analysis. Users praise its automated data sync and user-friendly interface. Has positive reviews on G2 and Glassdoor. Growing slower than Velixo.Read more
AchieveItBetter for strategic planning and execution. Focuses on accountability, transparency, and achieving company goals. More suitable for organizations with complex projects and cross-functional teams. Caters to healthcare, government, education, and commercial businesses. Has less momentum compared to Velixo.Read more
AbacumDoesn't integrate with Excel, unlike Velixo. A better Velixo competitor for automating core FP&A processes for mid-sized businesses seeking to move beyond spreadsheets.Read more
SAP S/4HANA CloudBetter suited for larger enterprises needing a full ERP suite. It offers broader functionalities like CRM and supply chain management but has a steeper learning curve and higher cost. Implementation is complex, and customization is limited.Read more
IRIS CARBON®Better for regulatory compliance reporting, especially for XBRL and iXBRL filings. Focuses on streamlining data collection, report assembly, and review, with a centralized platform.Read more
RhythmBetter for strategic planning and execution. Focuses on goal setting, tracking OKRs, and team alignment, not financial reporting within Excel. Has slower momentum.Read more
Velixo FAQ
What is Velixo and what does Velixo do?
Velixo is a reporting, budgeting, and financial planning software that operates within Excel, connecting directly to your ERP system. It automates data updates for reporting, budgeting, and forecasting, eliminating manual data entry and reducing errors. Velixo is ideal for Excel-centric businesses using ERP systems.
How does Velixo integrate with other tools?
Velixo seamlessly integrates with Microsoft 365, enhancing functionality and collaboration. Its core strength is its direct integration with ERP systems such as Acumatica, MYOB Advanced, and Sage Intacct, enabling real-time data reporting and write-back directly from Excel.
What the main competitors of Velixo?
Top Velixo competitors include Datarails, Abacum, and Smartsheet. These alternatives offer similar financial planning, reporting, and automation capabilities, often integrating with Excel and various ERP systems for streamlined data management. They cater to businesses seeking enhanced financial processes and data analysis.
Is Velixo legit?
Velixo is a legitimate software solution. User reviews praise its real-time data updates, ease of use, and excellent customer support. It appears safe and reliable for Excel-based reporting, budgeting, and automation, especially for those using compatible ERP systems.
How much does Velixo cost?
Velixo doesn't publicly disclose pricing information. Contact their sales team for a customized quote based on your specific business needs and to determine if Velixo is worth the investment.
Is Velixo customer service good?
Velixo receives overwhelmingly positive feedback for its customer support. Users praise the knowledgeable and responsive team, highlighting their helpful guidance and commitment to finding solutions. The support team is readily available for training, troubleshooting, and assistance with complex reports.
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.