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777 Review
64 Karma

Review on SimpilRisk by Dean Wildfang

Revainrating 4 out of 5

Review for CPA2Biz Relationship Analytics Tool

The ability to see multiple transactions in one place is very useful when working with large or complex relationships that require ongoing analysis of your financial health relative to other partnerships/companies doing business between our entities. It's easy to use but requires an understanding as it has lots of tabs which can be overwhelming at first glance. I would suggest having some background knowledge if this tool will make sense to others within different disciplines (accounting vs finance). This was mainly used by accounting personnel during my time there however they have since moved away from using them so not sure how much longer their support continues past what we had access too while still employed there. We were able to track all types of risks associated across many companies over several years worth of accounting data. Also allowed us to easily identify any issues should need arise. Made tracking information easier than previous system allowing more.

Pros
  • Easy to navigate and find
Cons
  • The tab function seems to become overwhelming at first glance and needs a bit of setup to get used to