Runway Financial is a modern finance platform designed to help businesses with financial modeling, planning, and alignment. Here are the key features and functions of Runway Financial:
- Automated data integration: Runway connects with accounting, HRIS, and data warehouse tools to automatically update forecasts with new actuals, eliminating the need for manual data entry.
- Simplified financial modeling: The platform offers a more intuitive approach to financial modeling, with formulas that are easier to read and understand compared to traditional spreadsheets.
- Scenario planning: Runway allows users to create and compare different financial scenarios easily, helping businesses make informed decisions about their strategies.
- AI-powered planning: With Runway Copilot, users can generate financial scenarios and plans based on their existing model and live data from connected business apps.
- Collaborative dashboards: The platform enables users to create board updates and dashboards with live charts, tables, and text, facilitating better communication with stakeholders.
- Customizable access control: Runway provides full control over who can view specific information, allowing for secure sharing of financial data.
- Context-rich reporting: The platform allows users to embed videos and live content from the web to provide more comprehensive context for financial reports.
- Intuitive interface: Runway is designed to be user-friendly, making it accessible for everyone on the team, not just finance experts.
By offering these features, Runway Financial aims to simplify and modernize the financial planning and analysis process for businesses, making it more efficient and collaborative