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Causal: The finance platform for startups

Jun 25, 2024 - news.bensbites.com
The markdown data is promoting a financial management tool called Causal. This tool consolidates financial statements, ARR reporting, forecasts, budgets, and scenario plans in one place. It allows users to pull historical data directly from QuickBooks/Xero, connect to Stripe for metrics, and compare model versions against actuals to understand variances. It also provides templates for forecasting and hiring scenarios, and can connect to multiple QuickBooks/Xero entities for a complete business picture.

Causal aims to simplify financial management by reducing time spent in spreadsheets and enabling more focus on the business. It features human-readable formulas, integration with various systems, and scenario planning. Users can connect to QuickBooks/Xero and let Causal's AI generate a financial model. The tool also allows for customization of models and sharing of dashboards with the team. It claims to save users time and money by eliminating manual processes and unproductive time.

Key takeaways:

  • Causal offers a platform where you can have all your financial statements, ARR reporting, forecasts, budgets, and scenario plans in one place.
  • The platform allows you to connect to QuickBooks/Xero and Stripe for easy access to your financial data and metrics.
  • Causal provides templates for forecasting your business in detail and customizing your own hiring scenarios.
  • The platform is designed to save time spent on spreadsheets, allowing you to focus more on your business. It also offers features like human-readable formulas, live data pulling from various systems, and scenario planning.
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