Business Intelligence & Analytics
Do more with your data.
Foster a culture of continuous improvement.
Business Intelligence
Finario ContourBI™ provides powerful state-of-the-art BI capabilities to Capex so you can easily analyze and report on all your capital investment activity from top-to-bottom, on any dimension, with complete flexibility and total control.
Predictive Analytics
Research shows that human judgment is too optimistic due to overconfidence and insufficient consideration of distributional information about outcomes. Finario Predict™ uses AI to enable reference class forecasting and eliminate blind spots.
Decision Support
Finario Converge™ provides instant context for decision makers so approval requests can be considered in the light of remaining budget capacity and the relative value of all other projects seeking funding from the available budget balance.
Plan Automation
Your capital plan is constantly evolving. Budgeted projects change and unbudgeted requests are approved. Whatever happens, Finario is always keeping an accurate tally of all your authorized funding decisions, forecast changes and actual results so your reporting is fast and easy.
KPI Dashboards
Which projects had the highest ROI? Where did you miss the mark on cost? How accurate are your planning, budgeting and forecasting processes? Finario provides the insights your organization needs to consistently achieve the excellence it demands and deserves.
- Leverage past experience to systematically improve decision making
- Avoid unpleasant surprises with automated monthly progress reports on major projects
- Adjust spending plans dynamically as business priorities evolve
- Have a clear view of the return on invested capital (ROIC) across your capital investment program
The Finario ONE Platform
Every Finario ONE application leverages a common purpose-built foundation
Investments
Your largest capital project and your smallest Capex request have something fundamental in common, they are both investments. Finario provides a "single pane of glass" for all activity on every project opportunity from ideation, to approval, execution and post-completion review.
Project Financials
Build out your project cost estimates to any level of detail using the work breakdown or other schema you prefer in the currencies that apply over any time frame. Adjust cost curves quickly and easily. Even reuse prior project cost schedules.
Spend Analytics
Your capital project cost detail provides a treasure trove of data. Finario brings this data to life with a powerful ad-hoc query builder that gives your project and procurement teams the tools they need to identify savings opportunities.
Process Reporting
You can’t improve what you can’t measure. Finario's reporting on the Capex process itself provides a framework for continuous improvement and demonstrating value from your performance initiatives.
Localization
A rich set of capabilities from currency conversion, automatic exchange rate feeds and language conversion enable seamless communication, collaboration and Capex decision making across cultures and around the globe.
Administration
Finario's robust application settings & admin configuration options have been designed to provide you the visibility and power to manage and evolve your Capex process over time as and when need be. You're in control, and we're always here to support you.
“The reporting has been eye-opening. This is something we never had before.”
Director of Financial Analysis, Petroleum & Energy Services Company