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Runway Financial

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Company health

Employee growth
45% increase in the last year
Web traffic
25% increase in the last quarter
Financing
April 2023 - $37M

Ratings

G2
4.9/5
(37)
Glassdoor
5.0/5
(5)

Runway Financial description

Runway Financial is a cloud-based financial planning software designed for mid-sized businesses. It offers tools for budgeting, forecasting, financial modeling, reporting, and scenario planning. Runway aims to simplify financial processes with an intuitive interface and automation features, such as integrations with accounting and HR systems for automatic data updates. Runway emphasizes collaborative planning, allowing teams to work together and create shareable reports.


Who is using Runway Financial?


Who is Runway Financial best for

Runway Financial is a cloud-based financial planning software praised for its intuitive interface and automation features. Users appreciate the flexible scenario planning and seamless integrations, while some note a steep learning curve and limited customization. Perfect for mid-sized businesses wanting to improve budgeting, forecasting, and reporting.

  • Ideal for mid-sized businesses seeking streamlined financial processes.

  • Suitable for businesses across various industries looking to improve financial planning.


Runway Financial features

Supported

Runway supports creating and comparing different cash flow scenarios.

Supported

Runway supports scenario planning, allowing modeling of financial impacts on cash, income, and balance sheet.

Supported

Runway supports cash flow reporting, including historical data, projections, and budget comparisons.

Supported

Runway supports what-if scenario planning, allowing modeling of different financial scenarios.

Supported

Runway integrates with accounting systems like QuickBooks for streamlined financial processes.

Supported

Runway supports budgeting, forecasting, and what-if analysis.

Qualities

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

Value and Pricing Transparency

Neutral
+0.2

Customer Service

Strongly positive
+1

Ease of Use

Strongly positive
+1

Reliability and Performance

Rather positive
+0.6

Ease of Implementation

Neutral
+0

Runway Financial reviews

We've summarised 22 Runway Financial reviews (Runway Financial G2 reviews) and summarised the main points below.

Pros of Runway Financial
  • Intuitive and user-friendly interface.
  • Excellent, responsive customer support via Slack and video calls.
  • Flexible scenario planning and modeling capabilities.
  • Seamless integrations with accounting, HR, and CRM systems.
  • Automates data updates and reporting, saving time and effort.
Cons of Runway Financial
  • Limited customization options, such as formatting (bold, underline).
  • Initial implementation can be time-consuming.
  • Steep learning curve, especially for complex builds.
  • Lack of granular permissioning.
  • Limited forecasting options (e.g., no weekly forecasts).

Runway Financial pricing

The commentary is based on 5 reviews from Runway Financial G2 reviews.

Runway Financial's pricing involves an upfront onboarding cost, which some users find worthwhile for the customized solution. While one review mentioned cost-efficiency as a potential drawback, others highlight the value provided, making it a worthwhile investment for streamlining financial planning and avoiding manual processes.

Users sentiment

Neutral
+0.2

Runway Financial alternatives

  • Logo of Pigment
    Pigment
    AI-powered business planning for faster, smarter decisions.
    Read more
  • Logo of Forecastr
    Forecastr
    Financial modeling and expert advice for confident growth.
    Read more
  • Logo of Jirav
    Jirav
    Financial planning and analysis platform. Automated reports, insightful dashboards.
    Read more
  • Logo of Drivetrain
    Drivetrain
    AI-powered financial planning and analysis for smarter decisions.
    Read more
  • Logo of Abacum
    Abacum
    Automated financial planning and analysis for smarter decisions.
    Read more
  • Logo of Planful
    Planful
    Cloud FP&A software for faster, smarter financial planning.
    Read more

Runway Financial FAQ

  • What is Runway Financial and what does Runway Financial do?

    Runway Financial is cloud-based financial planning software for mid-sized businesses. It offers budgeting, forecasting, financial modeling, reporting, and scenario planning tools. With an intuitive interface and automation features, Runway simplifies financial processes and promotes collaborative planning.

  • How does Runway Financial integrate with other tools?

    Runway Financial integrates seamlessly with accounting, HR, and CRM systems. This automation streamlines financial processes by automatically updating data and generating reports, saving time and effort. It simplifies data consolidation for comprehensive financial planning.

  • What the main competitors of Runway Financial?

    Top alternatives to Runway Financial include Jirav, Pigment, and Planacy. Jirav is a good option for small to midsize businesses, while Pigment caters to mid-sized and large companies. Planacy focuses on medium and large businesses needing robust planning and forecasting.

  • Is Runway Financial legit?

    Yes, Runway Financial is a legitimate cloud-based financial planning software. User reviews praise its intuitive interface and excellent customer support. It's considered a safe and reliable option for mid-sized businesses seeking to streamline financial processes.

  • How much does Runway Financial cost?

    I couldn't find pricing details for Runway Financial. For the most current pricing information, it's best to check their official website or contact their sales team.

  • Is Runway Financial customer service good?

    Customers consistently praise Runway Financial's exceptional customer support. Users highlight the responsiveness of the support team, readily available through various channels like Slack and video calls. The team's helpfulness during implementation and ongoing use contributes to a positive customer experience.


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.

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