Microsoft Excel vs. RiskAMP Comparison


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Our easy-to-use solution offers collaborative budgeting and flexible reporting features that can help your team make informed, mission-driven decisions. Martus empowers your team to budget efficiently, report seamlessly, and forecast with precision with access to real-time data, cashflow forecasting, personnel budgeting, and automated workflows. Full implementation takes about three weeks, but most users can begin working within the first hour of the kickoff call. With seamless ERP integration and an intuitive interface, Martus delivers powerful financial insights to help your organization grow while staying mission-focused. Join the more than 1,200+ organizations already benefiting from smarter financial management with Martus! 160 Ratings Visit Website Budgyt Budgyt replaces Excel without the learning curve. No broken formulas. No circular references. No #REF error panic before board meetings. It's built on a true database, so your formulas never break and every number traces back to source. Import your chart of accounts and actuals directly from your accounting system. Click any variance to drill down to vendor-level detail instantly. Run rolling reforecasts every month without rebuilding everything from scratch. The interface feels familiar because it works like Excel. Except it actually works. API connections mean you're up and running in hours, not the months other platforms require. Built for multi-department organizations that need real collaboration without emailing spreadsheets around. 290 Ratings Visit Website Jotform Trusted by over 25 million users, Jotform is an all-in-one, no-code platform that simplifies data collection, automation, and online sales. Using its drag-and-drop Form Builder, businesses can create customized forms and surveys to collect leads, payments, and e-signatures. 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About Microsoft Excel is the industry-standard spreadsheet application that helps users organize, analyze, and visualize data with precision and power. Whether you’re managing budgets, tracking performance, or analyzing complex datasets, Excel simplifies every task with intuitive tools and intelligent automation. With Copilot, you can now ask Excel to write formulas, summarize data, or create visualizations—all powered by AI. From basic spreadsheets to advanced financial modeling, Excel adapts to your skill level and workflow. Its cloud collaboration through Microsoft 365 lets multiple users edit, share, and comment in real time from any device. With flexible templates, built-in charts, and cross-platform integration, Excel turns numbers into insights you can act on.	About RiskAMP is a full-featured Monte Carlo simulation engine for Microsoft Excel®, designed to integrate seamlessly with Excel’s interface and functions. The RiskAMP Add-in offers a complete toolkit for adding risk analysis to your spreadsheet models, making it quick and easy at a fraction of the price of competing packages. With deep integration into Excel, it features an integrated ribbon toolbar, VBA scripting support, automatic charts, and graphs. RiskAMP 6 introduces new functionalities such as the PERT distribution for cost and project modeling, more than 40 random distributions including correlated multivariate ones, and automatic histogram and correlation charts. The tool supports Latin Hypercube sampling, Las Vegas simulation algorithms, and distribution fitting, along with native support for Windows on ARM. RiskAMP is compatible with Excel versions from 2013 to 365 (32-bit and 64-bit), and a browser-based risk platform called RiskAMP Web is also available.
Platforms Supported Windows Supported Mac Supported Linux Not Supported Cloud Supported On-Premises Not Supported iPhone Supported iPad Supported Android Supported Chromebook Not Supported	Platforms Supported Windows Supported Mac Not Supported Linux Not Supported Cloud Not Supported On-Premises Not Supported iPhone Not Supported iPad Not Supported Android Not Supported Chromebook Not Supported
Audience Professionals, students, and organizations seeking an AI-powered, collaborative data analysis and visualization tool for smarter decision-making and productivity across devices	Audience Businesses and individuals looking for a solution to manage their risk analysis operations within Excel
Support Phone Support Not Supported 24/7 Live Support Not Supported Online Supported	Support Phone Support Supported 24/7 Live Support Not Supported Online Supported
API Offers API Not Supported	API Offers API Not Supported
Screenshots and Videos View more images or videos	Screenshots and Videos View more images or videos
Pricing $8.25 per user per month Free Version Supported Free Trial Not Supported	Pricing $16.95 per month Free Version Supported Free Trial Not Supported
Reviews/Ratings Overall 4.8 / 5 ease 4.5 / 5 features 5.0 / 5 design 4.9 / 5 support 4.4 / 5 Read all reviews	Reviews/Ratings Overall 0.0 / 5 ease 0.0 / 5 features 0.0 / 5 design 0.0 / 5 support 0.0 / 5 This software hasn't been reviewed yet. Be the first to provide a review: Review this Software
Pros & Cons from Real Users Pros - Its reliable functions, formulas & pivot tables that handles the complex data easily. - Its strong integration with Power BI has helped me analyse & present my data cleanly with great looking dashboards. - We used it for Sales analysis, Cost comparison, contemplating datasheets which more or less helps us in all our data related tasks. Microsoft Excel is the present's leading hero tool for all solutions to accounting, statistical analysis, and graphical representation, and now it is a more advanced feature to run API from the macros. So many possibilities! You can do so much with this program once you build the skillset. Luckily there are tons of resources online and you can learn it all on your own. Excel is maybe the best software from Microsoft. There are hundreds of very useful functions: mathematical operations, sorting, filtering and I could even classify indefinitely. Perhaps few people know it but a complete programming language (Visual Basic for Applications) is also hidden in it. You can organise all your expenditures and mange them very easily with this. And its have some great features like formula and translate which are helpful in many cases. Cons - When using complex formulas, it is a little tough for a rookie to learn and implement without a mentor. - While implementing Extensions like ChatGPT or simple or any other simple extension like a translator its quite tough to figure out how they actually works. The learning steep is high for formulas, macros, and coding. Date formatting is a mess at times. Sometimes you just want a number but it turns to a date, and vice-versa. It's hard to say any wrong about it. First my students afraid of it. No complains with this, serves it value supports multiple file type.
Training Documentation Supported Webinars Not Supported Live Online Not Supported In Person Not Supported	Training Documentation Supported Webinars Not Supported Live Online Not Supported In Person Supported
Company Information Microsoft Founded: 1975 United States www.microsoft.com	Company Information RiskAMP Founded: 2005 United States www.riskamp.com
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Categories Backtesting Supported CSV Editors Supported Financial Modeling Supported Graphing Supported Spreadsheet Supported	Categories Graphing Supported Statistical Analysis Supported
Show More Features Spreadsheet Features Analytics Not Supported Audit Trail Not Supported Calculators Supported Charting Supported Multi-User Collaboration Supported Templates Supported
Integrations AnswerRocket Supported BIZCOMPS Supported Base64.ai Supported BigHand Document Creation Supported Case Master Pro Supported Dealpath Supported Domo Supported FTx POS Supported Fellou Supported FormAssembly Supported Intelli Payroll Supported LPagery Supported Legal Track Supported MedicaSoft NXT Supported ProspectEcho Supported Prospectoo Supported Routal Planner Supported SPC-PC IV Explorer Supported Siberson Veriket Data Classification Supported TagniFi Supported Show More Integrations View All 2759 Integrations	Integrations AnswerRocket Not Supported BIZCOMPS Not Supported Base64.ai Not Supported BigHand Document Creation Not Supported Case Master Pro Not Supported Dealpath Not Supported Domo Not Supported FTx POS Not Supported Fellou Not Supported FormAssembly Not Supported Intelli Payroll Not Supported LPagery Not Supported Legal Track Not Supported MedicaSoft NXT Not Supported ProspectEcho Not Supported Prospectoo Not Supported Routal Planner Not Supported SPC-PC IV Explorer Not Supported Siberson Veriket Data Classification Not Supported TagniFi Not Supported Show More Integrations View All 1 Integration
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