ThinkOut

ThinkOut

5 / 5 1 review

Who Uses This Software?

Small and Medium business owners and managers in the IT/Creative industries. They operate in a highly uncertain business environment, so they need to thoroughly plan and control the company cash flow.


Average Ratings

1 Review
  • 5 / 5
    Overall
  • 4 / 5
    Ease of Use
  • 5 / 5
    Customer Service

Product Details

  • Starting Price
    $50.00/month/user
  • Pricing Details
    One version, all you can use. 6 or 12 month subscriptions available
  • Free Trial
    Yes
  • Deployment
    Cloud, SaaS, Web
  • Training
    Documentation
  • Support
    Online

Vendor Details

  • ThinkOut
  • thinkout.io/
  • Founded 2016
  • Romania

About ThinkOut

ThinkOut is the platform that delivers real-time analysis and forecast of the SMEs financial performance based on the bank transactions history.


ThinkOut Features

  • Accounts Payable
  • Accounts Receivable
  • Bank Reconciliation
  • Billing & Invoicing
  • CPA Firms
  • Expense Tracking
  • Fixed Asset Management
  • For Government
  • For Nonprofits
  • Fund Accounting
  • Payroll Management
  • Project Accounting
  • Purchase Orders
  • Tax Management

ThinkOut Reviews Recently Reviewed!


Before using ThinkOut I didn't pay much attention to cash flow, but now I find it indispensable.

Jul 04, 2017
5/5
Overall
4 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: It saves a lot of time, I don't have to bother with calculations and complicated tables. The bank settlement is especially useful because it gets the transaction right from the bank account and I only need to look at the results and the graphic.

The visual part (the carts) really help me understand where my company is standing financial wise. There were expenses I didn't realize weighted so much, but now I can control them better and pay more attention to how much and when I'm spending, depending on the revenue I'm expecting.

I like it that I can quickly make the difference between what has been paid/cashed in and what is still in the plan, so I can organize the operations accordingly. The list of upcoming transactions is also very useful because I tend to forget quite often about bills to pay, not to mention invoices to collect.

Cons: The appearance is a little too dark-colored, adding to my financials-related anxiety.
It would also be great if the imported transactions from the bank account would automatically be filled in the cash plan, but I guess this isn't doable.

Overall: A better understanding of how to handle the company's money. Also, since I'm using it, I feel encouraged to track my income and expenses on a regular basis and analyze the data; it doesn't feel like a tedious task like it used to, so I feel I have more control over the business. Things appear more predictable; though you never now what will happen, some things are in sight and I can prepare for them in advance (like a couple of low-income months, for instance).