---
description: Review of RISKTURN Software: system overview, features, price and cost information. Get free demos and compare to similar programs on Software Advice New Zealand.
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title: RISKTURN | Reviews, Pricing & Demos - SoftwareAdvice NZ
---

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# RISKTURN

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> RISKTURN is a cloud-based accounting tool for businesses of all sizes and industries. It offers budgeting and forecasting features that integrate financial and time variables in cash­-flow planning.&#10;&#10;&#10;Various versions of each project can be created in order to test different financial and time-based variables. Users can define timelines for project phases, set probability and impact values for possible risks and run Monte-Carlo simulations. Project owners can also authorize other users to collaborate on projects as needed.&#10;&#10;&#10;RISKTURN’s built-in cash flow template helps users record costs and revenue. Users can mark cash flow items as fixed or variable, select depreciation and amortization plans, composite items by quantity and unit price and import or export data from Microsoft Excel. Financial data and cash flow projections can be displayed in graphics and charts.&#10;&#10;&#10;Support services can be purchased separately if needed. Perpetual licensing and monthly subscription pricing is available.
> 
> Verdict: Rated **4.7/5** by 12 users. Top-rated for **Likelihood to recommend**.

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## Quick Stats & Ratings

| Metric | Rating | Detail |
| **Overall** | **4.7/5** | 12 Reviews |
| Ease of Use | 4.5/5 | Based on overall reviews |
| Customer Support | 4.5/5 | Based on overall reviews |
| Value for Money | 4.8/5 | Based on overall reviews |
| Features | 4.3/5 | Based on overall reviews |
| Recommendation percentage | 90% | (9/10 Likelihood to recommend) |

## About the vendor

- **Company**: Riskturn
- **Location**: Chicago, US
- **Founded**: 2016

## Commercial Context

- **Starting Price**: US$95.00
- **Pricing model**: Per User (Free Trial)
- **Pricing Details**: Riskturn offers different pricing tiers. &#10;&#10;Cloud standard: $95/month or $950/year for a single-user&#10;Cloud customizable: To request enterprise-level pricing, contact Riskturn directly.
- **Target Audience**: 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+
- **Deployment & Platforms**: Cloud, SaaS, Web-based, Mac (Desktop), Windows (Desktop)
- **Supported Languages**: English
- **Available Countries**: Albania, Algeria, Andorra, Angola, Argentina, Armenia, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Barbados, Belgium, Bolivia, Bosnia & Herzegovina, Brazil, Brunei, Bulgaria, Canada, Cayman Islands and 99 more

## Features

- "What If" Scenarios
- API
- Access Controls/Permissions
- Accounting
- Activity Dashboard
- Asset Lifecycle Management
- Audit Management
- Budgeting/Forecasting
- Collaboration Tools
- Dashboard
- Data Analysis Tools
- Data Import/Export
- Data Management
- Debt Management
- Enterprise Risk Management
- Financial Analysis
- Financial Management
- Financial Risk Reporting
- Forecasting
- Liquidity Analysis

## Integrations (2 total)

- Microsoft Excel
- Microsoft PowerPoint

## Support Options

- Email/Help Desk
- Chat

## Category

- [Decision Support Software](https://www.softwareadvice.co.nz/directory/4202/decision-support/software)

## Related Categories

- [Decision Support Software](https://www.softwareadvice.co.nz/directory/4202/decision-support/software)
- [Financial Risk Management Software](https://www.softwareadvice.co.nz/directory/4165/financial-risk-management/software)
- [Accounting Software for Consultants](https://www.softwareadvice.co.nz/directory/3705/consultant/software)
- [Accounting Software for Small Business](https://www.softwareadvice.co.nz/directory/506/small-business/software)
- [Enterprise Accounting Software](https://www.softwareadvice.co.nz/directory/4001/enterprise/software)

## Alternatives

1. [QuickBooks Online](https://www.softwareadvice.co.nz/software/393202/quickbooks-online) — 4.3/5 (8393 reviews)
2. [Xero](https://www.softwareadvice.co.nz/software/2976/xero) — 4.4/5 (3273 reviews)
3. [Datarails](https://www.softwareadvice.co.nz/software/176278/datarails) — 4.7/5 (188 reviews)
4. [QuickBooks Online Advanced](https://www.softwareadvice.co.nz/software/49805/quickbooks-online-advanced) — 4.4/5 (1037 reviews)
5. [Sage Intacct](https://www.softwareadvice.co.nz/software/1710/sage-intacct) — 4.3/5 (608 reviews)

## Reviews

### "Simple and accurate budgeting application." — 4.0/5

> **Verified Reviewer** | *18 April 2018*
> 
> **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

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### "Analisi del Rischio Intuitiva" — 5.0/5

> **Dominika** | *11 October 2024* | Investment Management | Recommendation rating: 10.0/10
> 
> **Pros**: The platform succeeds in simplifying a complex process like risk management, making it accessible even to those who are not experts in statistics or finance. The intuitive interface and the ability to visually display different projections make data much easier to understand.
> 
> **Cons**: Despite the interface being designed to be intuitive, using Monte Carlo simulations and managing complex scenarios can still be challenging for those without experience in risk modeling or quantitative finance.
> 
> The platform’s ability to integrate Monte Carlo simulations into financial planning makes it an excellent solution for analyzing uncertainties in cash flows and investment outcomes. I found this feature particularly useful in exploring multiple scenarios and understanding a range of possible results rather than relying on static forecasts.

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### "Experienced Trade finance banker" — 5.0/5

> **tancrede** | *2 May 2017* | Banking | Recommendation rating: 10.0/10
> 
> **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.
> 
> 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.

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### "Innovative and user friendly" — 5.0/5

> **Ruggero** | *2 October 2016* | Recommendation rating: 10.0/10
> 
> **Pros**: User friendly, considers time-related risks
> 
> 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 deep technical expertise. Compared to other software, Riskturn integrates risks related to time: for instance, an activity can last more or less than expected and this can lead to increased costs or delays in revenues.  For the more sophisticated users there are also special features to consider the specific cost/revenue profiles, the amortization and to mathematically model the risks. Congratulations to the developers who brought risk analysis to a new level of accessibility.

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### "very fast\!" — 4.0/5

> **Stefano** | *30 September 2016* | Building Materials | Recommendation rating: 9.0/10
> 
> **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)
> 
> 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.

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## Links

- [View on SoftwareAdvice](https://www.softwareadvice.co.nz/software/33770/riskturn)

## This page is available in the following languages

| Locale | URL |
| de | <https://www.softwareadvice.de/software/33770/riskturn> |
| en | <https://www.softwareadvice.com/financial-risk-management/riskturn-profile/> |
| en-AU | <https://www.softwareadvice.com.au/software/33770/riskturn> |
| en-GB | <https://www.softwareadvice.co.uk/software/33770/riskturn> |
| en-IE | <https://www.softwareadvice.ie/software/33770/riskturn> |
| en-NZ | <https://www.softwareadvice.co.nz/software/33770/riskturn> |
| fr | <https://www.softwareadvice.fr/software/33770/riskturn> |

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