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RISKTURN Reviews

Overall rating

4.6

/5

11

Rating criteria

  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9.33/10

Reviews by rating

Pros and cons

We appreciate the design of the service and the quality of provided information. This really innovative product brings us a lot compared to solutions available till now.
The software is very user friendly but also allows sophisticated scenarios. A great decision making tool.
Great, simple yet comprehensive tool for business planning.
It takes all sorts of risk into consideration before projecting. A must have application for those whose business revolves around project financing.
With just a few clicks, the software allows to simulate the effect of risks on project cash flows and the resulting financial indicators.
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11 reviews

Recommended

tc
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tancrede c.

Banking, 10,001+ employees

Used weekly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Experienced Trade finance banker

Reviewed 6 years ago

In the past you had a range of parameters, and one was able to evaluate how different parameters evolved, but were not able to put them together. Now with RiskTurn, you can actually sum up all your risks and see how one element moving will impact the other variables and how it will impact your overall success rate with each project. And you can compare them too.

Pros

I work with many clients who are looking to secure their accounts global accounts receivables at the best possible cost. This is a great tool to help them with modelling their various scenarios (country risk, political risk, bank risk, client risk, commodity risk) to ensure they can secure their cash in without risking to loose too many clients due to extreme credit protection measures. The software is very user friendly but also allows sophisticated scenarios. A great decision making tool.

Cons

It could have been useful to have some more precise demos/ examples of how others have used it in online help.

Vendor response

Hello Tancrede, thank you for your opinion! We strive to support the optimization of our customers' budget allocation and let them compare potential investments. We also share different templates to help the users' start. Write to us at info@riskturn.com and we will be glad to answer to your needs. Alexander, Riskturn support team.

RG
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Ruggero G.

501-1,000 employees

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Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Innovative and user friendly

Reviewed 6 years ago

I have tried the software with the idea of using it in university project management courses. With just a few clicks, the software allows to simulate the effect of risks on project cash flows and the resulting financial indicators. I appreciated the user friendliness of the software that - with a little training - should allow project managers to analyze risks in their projects, which usually requires...

Pros

User friendly, considers time-related risks

Cons

No cons were added to this review

Vendor response

Hello Ruggero, thank you for spreading the voice about Riskturn! We are interested in collaboration with Universities, because we think that this approach is leading to a better economic valuation of projects! Alexander, Riskturn support team.

AR
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Verified reviewer

Used other for 6-12 months

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Overall Rating
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  • Ease of use
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Simple and accurate budgeting application.

Reviewed 5 years ago
Pros

Risk turn is a user friendly capital budgeting and forecasting application that is accurate and very helpful for business planning.

Cons

The application is cloud based, thereby requiring a strong and constant internet connection in order to access

Vendor response

Thank you for your review, we appreciate your positive feedback!

SC
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Stefano C.

Building Materials, 51-200 employees

Used daily for less than 6 months

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Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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very fast!

Reviewed 7 years ago

I'm not an expert of this kind of tool but this is very simple and clear. Until now we use Excel for this analysis and the quality of the rsult is not the same.

Pros

The speed of use, you don,t need to be an expert

Cons

Probably it would be nice if will be possible integrate the tool with our other software (eg. for input/output of some specific data)

Vendor response

Hello Stefano, thank you for reviewing Riskturn! We have focused our effort to develop a user-friendly cloud solution, to enhance the quality of results and to avoid the Excel black-box effect. The integration with other tools is already available for the Enterprise editions! Alexander, Riskturn support team.

ab
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alessandro b.

Financial Services, 51-200 employees

Used other for less than 6 months

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  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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A very useful tool to support a sound decision making process

Reviewed 6 years ago
Pros

The Riskturn software looks very intuitive to use, a few steps get you started without any long instruction manual to follow, and results are impressively clear and, visually speaking, looking good and understandable at first sight

Cons

In our particular field of small-mid cap private equity investors, we happen to deal with unpredictable factors, very often depending on the entrepreneur we are negotiating with, which is impossible to insert into a model. Larger organisations dealing with larger investments will be more at ease with the models obtained, as human factors are possibly less important in the big picture.

Vendor response

Hello Alessandro, Thank you for your positive feedback. We are glad to see that you are getting helpful results from Riskturn for your private equity activities. Best, Jean

TG
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Tania G.

Logistics and Supply Chain, 51-200 employees

Used daily for less than 6 months

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Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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Great tool, simple and efficiency

Reviewed 7 years ago

We use the free trial version to estimate our business (logistic and travel company) and we are looking to buy enterprise version. With this toll we can select the best opportunity to match our business target.

Pros

ease of use and clarity of results

Cons

it would take a specific version for our business

Vendor response

Hello Tania, thanks for reviewing Riskturn! We developed various template for different businesses, please find out! Alexander, Riskturn support team.

CL
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Charles L.

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  • Ease of use
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  • Likelihood to recommend9/10

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Great, simple yet comprehensive tool for business planning

Reviewed 6 years ago

I am the founder and CEO of a start up facing changes in business plan and assumptions as market and products evolve. Riskturn was very useful to make my business plan, evaluate our risks and convince my shareholders on their risk exposure and potential ROI

Pros

Easy to use, Excel interface, adapted to various business situation

Cons

Some mandatory fields could be more self explanatory

Vendor response

Dear Charles, thank you for your feedback. We are excited to help start-ups in building trust on their investment valuations. Thanks to your advice, we have added a Help section for every step of Riskturn analyses. Alexander, Riskturn support team.

AM
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Ayushi M.

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Must have app for forecasting and budgeting

Reviewed 6 years ago

This app helps me a lot in probabilistic forecasting of cash flows for my clients. It takes all sorts of risk into consideration before projecting. A must have application for those whose business revolves around project financing.

Pros

No pros were added to this review

Cons

No cons were added to this review

Vendor response

Hello Ayushi, thank you for your review, we are constantly improving Riskturn to fulfil our users' needs. We have just added a live chat support! Alexander, Riskturn support team.

AC
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Aude C.

Pharmaceuticals, 1-10 employees

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Overall Rating
  • Value for money
  • Ease of use
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  • Customer support
  • Likelihood to recommend10/10

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Used for business planning in retail

Reviewed 6 years ago

The software is very user friendly : easy to understand and to use. The results come out immediately with graphics which are very intuitive. It becomes a game to build a business plan with this tool.

Pros

Very intuitive. Easy to use.

Cons

No cons were added to this review

Vendor response

Dear Aude, thank you for your consideration. We are happy to see your validation of the main Riskturn strengths. Wishing you lots of new projects analyzed with our software! Alexander, Riskturn support team.

GH
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Guillaume H.

Real Estate, 201-500 employees

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  • Value for money
  • Ease of use
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  • Customer support
  • Likelihood to recommend9/10

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User friendly and relevant

Reviewed 6 years ago

We've just experienced Riskturn on some investment projects in real estate. We appreciate the design of the service and the quality of provided information. This really innovative product brings us a lot compared to solutions available till now.

Pros

No pros were added to this review

Cons

No cons were added to this review

Vendor response

Dear Guillaume, thank you for your appreciation. We are proud of our continuous commitment in delivering the best solutions and services to our customers. Alexander, Riskturn support team.

JB
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Justin B.

Real Estate, 1-10 employees

Used monthly for less than 6 months

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Overall Rating
  • Value for money
  • Ease of use
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  • Customer support
  • Likelihood to recommend10/10

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Wow! This is a game changer.

Reviewed 4 years ago
Pros

makes risk management and financial analysis super easy, and Fun!

Cons

maybe it would be cool if it could integrate with other programs/apps. Maybe it does but havent been using very long

Vendor response

Hello Justin, thank you for your really positive feedback! If you have any recommendation on which programs/apps to integrate, please share it with us writing at info@riskturn.com. Best, Andrea