Modano financial modeling software

What is Modano?

Modano, headquartered in Australia, is a software company that provides content management solutions for financial modeling.  Modano has produced a platform can be used to build financial models in a modular way.

 

What does the software allow you to do?

The Modano financial modeling software allows users to primarily do three things:

  1. Standardization – by taking sections that have been pre-built and inserting them into the model
  2. Review – by using tools to ensure formals are working properly and the model is error free
  3. Automation – there is the possibility to reuse sections of models and automate certain tasks

 

Modano product offering

Modano offers three main product lines for its customers.  These product lines include:

  • Enterprise – their premium product for large corporations
  • Community – a free product
  • Implementation – a consulting-like service to help setup custom models

 

More on financial modeling

Financial modeling in Excel is really a means, not an end.  It’s a means to intimately understand how a business works, which the true “end”.

For this very important reason, automated financial modeling software and systems will be very unlikely to completely take over the process, as if you take the idea to its logical conclusion, a financial model that requires zero work would yield zero understanding.

To learn more about how to build a model in Excel from scratch, launch our financial modeling courses and learn by video based instruction.

 

Additional resources

The mission at CFI is to help you advance your career.  With the objective firmly in place, we have designed a vast library of free resources, guides, templates, and more to help you along the journey.

We highly recommend these additional free resources to help you advance your career as quickly as possible: