There are a few good financial planning and analysis tools on the market. The best ones like Causal and Dryrun enable businesses to explore financial modeling, handle cash flow management, view sales projections, and automate many of the tasks related to business finance, saving both time and money.
But which platform is best Causal or Dryrun? Well – both platforms can help your business manage its finances, but after comparing them both, we think there is a clear winner.
This article will go over the best features of both Causal and Dryrun and explain why Dryrun is the better choice for many businesses.
About Causal
Causal is a business planning platform for finance and beyond. It’s a place where you can build models, connect models directly to your data, and share everything with interactive dashboards and easy-to-interpret visuals.
You can use Causal to plan out your business strategy, make decisions around buying new equipment or hiring staff, decide how much money you need to spend on marketing, or even decide which products you should put on sale next month. All of this without needing an army of number crunchers.
Causal may not be the best tool for everyone, but it does have some good features that make it easier for businesses to manage their finances.
Main Features of Causal
Causal is built on an existing Excel-style foundation. This means that you'll be able to work with your data in a familiar way, even if it's not exactly the same. It also means that the bigger picture at account levels will be easier to see, but you'll have less access to granular data.
Causal integrates with spreadsheets as well as other common accounting and ERP systems, so you can use it with the tools you already know. You can also use Causal's budget vs. actuals and reporting features to analyze large amounts of data and make informed decisions about how best to use your resources.
Causal Pros
- Built on an existing excel-style foundation
- Bigger picture at the account level
- Integrates with spreadsheets and other accounting systems
- Budget vs. actuals and reporting
- Financial reporting and statements
Causal Cons
- Requires excel-type formulas within their interface
- Little access to granular data
- Building the models and templates can be challenging and time-consuming
- Requires advanced Excel and spreadsheet knowledge
- Pricing plans are expensive
Causal Pricing
Causal has a free version, but to make the most of the tool, you will need one of the paid options. The pro package starts at $250 per month and includes most of the features outlined above. Business and enterprise solutions are also available; pricing for these plans depends on what features you need, but both plans are considerably more expensive than the $250 per month plan.
About Dryrun
Dryrun is a financial planning and analysis platform that lets you create custom financial models and offers tools to help you manage your business's cash flow and sales projections. It’s safe to say that the financial modeling tools included with Dryrun are second to none.
With Dryrun, you can build a model that shows how much money you'll make in the next year based on your monthly expenses and projected revenue, or you can model out what it will take for you to break even. You can even use Dryrun to create an interest rate sensitivity report, which helps you figure out how changes in interest rates might affect your business's bottom line. The possibilities are nearly endless!
Best of all, Dryrun doesn’t rely heavily on spreadsheets like other platforms. Thanks to its easy-to-use, modern interface, Dryrun enables you to save up to 80% of the time you would spend on spreadsheets.
Dryrun also offers a ton of other great features, including many features that are not available with Causal.
Main Features of Dryrun
Dryrun is a cloud-based accounting software that offers unmatched control and flexibility. Dryrun is easy to use and can data sync with leading accounting and ERP tools. The platform offers an intuitive interface that allows you to enter your business data, manage your expenses and track your income. You can also import your bank statements automatically to keep your records up to date.
Dryrun offers a user-friendly dashboard that helps you manage all aspects of your business from one place. The dashboard lets you view all transactions made, create action lists, and perform cash management duties. You can also export reports into Excel for easy sharing with clients or colleagues.
Dryrun gives you clear, actionable visuals so you can easily see the relationships between multiple datasets. You can also visually explore your data in a way that makes it easy to spot trends and anomalies. With Dryrun, you'll spend 80% less time than if you were using spreadsheets to get your job done.
Dryrun is also powerful collaboration tool; it allows teams to work together in real-time on shared forecasts, even when they're in different locations. And because Dryrun is web-based, it's easy for anyone in the world to use it; you also don't need any special training or technical knowledge to get started with Dryrun.
Finally, Dryrun has a painless implementation process: once you purchase a subscription plan, the Dryrun support team will walk you through the entire setup process so that everything works smoothly right out of the gate!
Dryrun Pros
- Easy and intuitive to use
- Data sync with leading accounting and ERP tools
- Unmatched control and flexibility
- Clear, actionable visuals
- 80%-time savings over spreadsheets
- Powerful collaboration tools
- Painless implementation
Dryrun Cons
- An adjustment for people accustomed to relying on spreadsheets
- Less emphasis on big picture overviews but provides more granular data
Dryrun Pricing
Dryrun offers several different tiers. However, the business tier starts from only $200 per month and features most of the best tools available. Dryrun also offers premium business accounts that connect to leading ERP and accounting tools, such as Oracle Netsuite, Sage Intacct, Microsoft Business Central, with standard accounts syncing with QuickBooks and Xero and Pipedrive. Dryrun also offers bespoke custom plans for larger businesses and enterprise customers.
Verdict
Both Causal and Dryrun offer a number of powerful tools that can help businesses make sense of their data. Both platforms empower companies to gain actionable insights and model their data. All things considered, if you can only choose one of these tools, we think Dryrun is the better choice. It’s easier to use, has more features, and saves you a ton of time compared with spreadsheet tools like Causal. True ease-of-use, tied with unmatched control and flexibility.
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