Smartbooks vs Speedbooks
Speedbooks pulls accounting data efficiently into Excel for reporting. Smartbooks replaces Excel architectures with a professional financial and business control platform covering consolidation, planning, and month-end close.
Smartbooks vs Speedbooks
Excel add-on for reporting vs. a complete financial and business control platform
Speedbooks pulls accounting data efficiently into Excel for reporting. Smartbooks replaces Excel architectures with a professional financial and business control platform covering consolidation, planning, and month-end close.
Strengths and limitations of Speedbooks
Strengths
- Fast time-to-value
- Clear reports
- Low entry threshold
Limitations
- Limited depth in analysis
- Less suitable for more complex organisational structures
- No full-fledged control system
When does each solution fit?
Speedbooks fits when...
- You want to keep using Excel as the reporting environment
- You mainly want to automate copy-pasting and structuring data
- You have limited time and budget for setup
Smartbooks fits when...
- You want to professionalise finance without depending on Excel
- You want to budget and plan model-based
- You want structural support for month-end close and consolidation
Voice from the market
"It is handy, but not a control system."7/10
Why controllers choose Smartbooks
- Clear focus on the daily workflows of controllers
- Support for the complete monthly process
- Finance-specific logic and standardisation
- Simple, affordable, and fast implementation
- No dependency on IT or external specialists
Conclusion
Speedbooks suits those who want to keep Excel as the reporting environment. Smartbooks is the logical choice when you want to replace Excel architectures with a professional control system.
Further reading
See the full comparison of financial and business control software or read why organisations choose Smartbooks.