toolsUpdated March 1, 2026

Best Financial Modelling Tools

Choosing the right financial modelling tools can make or break your finance function. We have researched, tested, and compared the leading options to help UK finance teams make an informed decision. Below you will find honest reviews with real pros, cons, and pricing -- no affiliate links, no sponsored placements.

How we evaluated

We evaluated each option based on five criteria: feature depth, ease of use, value for money (with UK pricing where available), integration ecosystem, and customer support quality. We prioritised tools with strong UK presence or global availability, and tested each where trial access was available.

1

Causal

Visual financial modelling platform. Build models with named variables, scenarios, and built-in charts.

Pros

  • Visual, intuitive model building
  • Named variables (not cell references)
  • Free tier available

Cons

  • Not a full FP&A suite
  • Limited integrations
  • Less suited for complex multi-entity models
Free tier; paid from USD 50/moStartups and analysts building financial modelsVisit site
2

Runway

Financial planning platform with visual model building. Connects to accounting, HR, and billing systems.

Pros

  • Visual model building
  • Good system integrations
  • Clean interface

Cons

  • Startup focused
  • Limited enterprise features
  • US-centric
Custom pricingGrowth-stage startups wanting connected modelsVisit site
3

Foresight (by Finmark)

Scenario modelling and fundraising planning. Built for startup founders and finance teams.

Pros

  • Startup-focused templates
  • Fundraising scenario modelling
  • Clean UI

Cons

  • Limited to startup use cases
  • Basic reporting
  • Newer product
Free for early stagePre-seed to Series B startupsVisit site
4

Grove FP

Our Pick

UK-built FP&A platform with Excel-compatible formulas, position-level workforce planning, and a Rust-powered calculation engine. Purpose-built for SMB and mid-market finance teams.

Pros

  • UK-built with GBP-native pricing
  • Fast formula engine (Rust-powered)
  • Position-level workforce planning
  • Simple, clean interface

Cons

  • Newer entrant (launched 2025)
  • Smaller feature set than enterprise tools
  • Limited third-party integrations (growing)
From GBP 49/moUK SMB and mid-market finance teams wanting a modern, affordable FP&A platformVisit site
5

Excel / Google Sheets

The default financial modelling tool. Maximum flexibility with the widest skill base.

Pros

  • Maximum flexibility
  • Universal skill base
  • Free (Sheets) or bundled (Excel)

Cons

  • No data governance
  • Error-prone at scale
  • Version control nightmare
Free (Google Sheets) / from GBP 6/user/moEveryone (but consider alternatives at scale)
6

Quantrix

Multidimensional modelling platform. OLAP-style modelling for complex financial scenarios.

Pros

  • True multidimensional modelling
  • Powerful for complex scenarios
  • No cell-reference limitations

Cons

  • Steep learning curve
  • Niche product
  • Expensive
From USD 2,500/yrFinancial modellers building complex, multi-scenario modelsVisit site

FAQ

Frequently asked questions

We evaluated each option based on feature depth, ease of use, UK pricing, integrations, and support quality. We tested tools where trial access was available and spoke with finance professionals who use them daily.

No. Grove FP is included where relevant (we are transparent about this), but rankings are based on our honest assessment. We do not accept payment for placement.

We review and update this list quarterly. The last update was March 2026. If you spot something outdated, please let us know at hello@grove.financial.

Modern FP&A for growing UK businesses

Budgeting, forecasting, and workforce planning in one platform. No credit card required.