Michael Seibel

Pry Financials - Pro forma financials for startups

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Pry is the first real alternative to spreadsheets for pro forma financial forecasts. Over 300 companies use Pry to manage their budget, hiring plan, cash runway, and even their Series A fundraising.
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Andy Su
Hi Product Hunt! I'm Andy, co-founder of Pry Financials. Most companies have a set of 'financial' statements. The most important is the pro forma financials - a month over month breakdown of the company's income, spending, and cashflows. Pro forma financials are usually created in Excel. It is time consuming, tedious, costly, and difficult to scale. That's why we built Pry. Pry is the first real alternative to spreadsheets for pro forma financials. With Pry you can: šŸ“ˆ Forecast your cash and runway up to 5 years out. šŸ–„ Build a custom KPI dashboard referencing real time financial data. šŸ’” Add custom logic for any business model. ā© Quickly budget one time or recurring vendors. šŸ™‹ā€ā™€ļø Make hiring decisions after seeing how additional employees affect runway. It makes sense to build your pro forma on Pry instead of speadsheets because: šŸ¤ Pry is connected to your accounting on Quickbooks or Xero, or directly to your banks (Plaid). ā± Pry works out of the box saving hours of manual setup work that usually comes with Excel templates. šŸ“‹ Pry connects to popular payroll software like Gusto and Justworks to seed the hiring plan. āœ… You never have to worry about a typo breaking your financials. Pry is much more resilient than Excel. šŸ¼ Pry is designed for any professional, not just the finance team. Since our last Product Hunt launch, we've launched several new features! - Docs page(https://pry.co/docs) for setup and features on Pry. - Roles and Permissions. (Share just your marketing budget with the CMO) - Quarterly and annual summaries. - Budget & entry history. (See budget changes and who changed them.) - Publicly share dashboards with a password. - 4 different runway calculators for different scenarios. - Journal entry customization. - Stripe integration. - Transaction review highlight for new changes. - Custom report builder. (Build custom P&L by department or with funnel metrics) - Custom report templates. (Quickly setup common reports) We've also added a free plan for companies spending up to $20k/mo looking to build their first financial plans. If you're looking to build a financial plan for your newco, we hope you try Pry! Pry works well for companies with 1-100 employees or are Seed to Series B. Get 25% off our Solo or Pro plans with our PH promo (Only valid today 10/27/21): https://pry.co/partners/producthunt With our Product Hunt release, we are officially exiting beta. We will continue to invest in our product with the community's feedback since we still have a long way to go towards supporting every company. šŸ§‘ā€šŸ’» If you'd like to learn more, join our webinar next Wednesday: https://bit.ly/3CjO4QP I hope you like what we've built. We're excited to get more feedback from the PH community!
Joseph Abraham
@andy_su : This looks great Andy, I'm sure it will help a lot of SaaS Founders. Would love to cover this on our SaaS Industry magazine (online hub). Congrats on the launch šŸš€
Andy Su
@saascoach Thanks!
Andy Su
Much appreciated šŸ™
Andy Su
@tony_xiao Thanks Tony! Hope to see you around SF sometime again!
Emily Hodgins
I've been testing Pry since it caught my eye during its original PH beta launch at the start of the year and have been impressed by the ease of setup and outstanding customer support - shouts out to @wilson_jian and @tiffany_wong6. I love spreadsheets and am no stranger to Excel, but anything that makes my life easier and cuts down time spent on ops tasks, is a win for me. I'm looking forward to using the new functionality. Congrats on coming out of beta!
Tiffany Wong
@ejsnowdon Thanks for the kind words, Emily! We love sharing and connecting with other makers through the Product Hunt platform. Thank you for your continued support! šŸ™Œ
Wilson Jian
@ejsnowdon Thanks Emily! Appreciate the kind words.
Charles Cook
I can't say enough good things about Pry. It's one of those rare products that has genuinely made a big difference to how I run finance. As a mediocre Excel user, I feel like I've been given some sort of cheat code to financial modelling! Pry has probably pushed back my need to hire a dedicated finance person by 1-2 years...
Tiffany Wong
@piemets Thank you Charles for all of your support and product feedback! We can't wait to show you our next upcoming features. :)
Alex Circei
Happy customer here! Give it a try, it is amazing!
Andy Su
@alex_circei Thanks for recommending us Alex!!
Matt Bahr
HUGE fan of Pry. If you're modeling in Sheet or Excel definitely give it a look. (They also should increase their prices!)
Tiffany Wong
@mattrbahr Thanks for the kind words and suggestion, Matt! :)
Apiant
@mattrbahr @tiffany_wong6 I like Pry so far! Where can I find help on models? I'm trying to make a paid yearly subscription revenue model with no success so far.
Tiffany Wong
@mattrbahr @apiantinc Hey there! You can find more info about our models on our Docs page here: https://pry.co/docs/financial-mo... Here is our SaaS tutorial for example: https://pry.co/docs/saas-financi... Our team is offline on the weekends but we'll get back to your chat via email ASAP on Monday PST :)
David Engle
Active user of Pry!! Streamlined, insightful, and updates all of our financials with actuals from quickbooks. Game changer from just using spreadsheets.
Andy Su
Thanks for the support and referrals David!
Walter Chen
i use pry across 4 companies that i run. great product!
Andy Su
@smalter Thanks Walter! Really appreciate the support.
Will Goldfarb
Great product that is so much faster and more powerful than what our outside accounting team can do in Excel.
Andy Su
Appreciate the support Will!
Abel Mengistu
Current user of Pry here, this tool feels like it was built for founders. It was very intuitive and allows me to map out different scenarios (hiring/growth/fundraising), I even use it to dig deeper into our spending by looking at past financial data. The set up was extremely easy, just connected it with Quickbooks and it imported everything and worked 10x better, it's an amazing tool. Love using it! šŸ™Œ
Andy Su
šŸ™Œ Thanks for the review Abel! And congrats on your Product Hunt launch earlier this month. It was so good I took some inspiration when writing my post :)
Ned Dwyer
Using Pry you quickly realize you're dealing with folks who have spent a lot of time and effort on the problem. The cash flow modelling in particular has helped us get a tight rein on our GTM strategy, something that would have taken us a lot of time in a spreadsheet. Congrats on the launch.
Andy Su
Thanks Ned! ā¤ļø I've spent so much time on this so I hope you all don't have to and can focus on shipping awesome products!
Joe Martin
Great to see Pry on here -- I know we use it at PostHog and I hear nothing but good things about it!
Andy Su
@joemart71595198 Thank you Joe! PostHog is also an amazing product company and I'm glad your team likes what we've built. Cheers šŸ»
Bernardo G. Reinfeld
Awesome! I need to deep into this :)
Tiffany Wong
@bgreinfeld Thanks for giving us a try!
Adam Alpert
We've been using Pry since YC W21 and it's been awesome! The level of insights it gives me into my chart of accounts and how easy it is to compare against our budgets feels like I've gained a super power. The team has been very responsive and helpful every step of the way
Andy Su
@adamalpert2 Thanks for the support Adam! Excited for the upcoming case study :)
Marc Metz
Pry is amazing! Both the team and the product. You miss out not trying them.
Tiffany Wong
@marc_metz1 Thanks for the kind words Marc! :)
David Tran
Congrats on the launch @andy_su and team! Pry makes us pros at pro forma
Tiffany Wong
@dtran320 Thanks David! Love that tagline
Justin Chen
Pry is awesome! It replaces all the silly spreadsheets founder's make to monitor the current business health and model out the future.
Tiffany Wong
@twobitjustin Thanks for your support, Justin! :)
David Ferris
Happy customer here. Pry is a ridiculously good product. Way easier to use than most financial planning and modelling tools, but still packs a serious punch.
Tiffany Wong
@david_ferris5 Thank you for your support, David! :)
Michael Plater II
I've been using Pry for the last ~5 months during the beta and it is now a part of my financial stack; Xero, Mercury, Credit, Pry. I tried out other forecasting tools and Pry is definitely more flexible (and complex) with a larger learning curve but I found other tools like Float to be too simplistic. It's a great to have your "Excel" model automatically tied to your accounting software & bank accounts without going so far as some heavy ERP.
Tiffany Wong
@michael_plater_ii Really glad to hear that you've been enjoying using Pry. Thank you for your continued support, Michael! :)
David Molot
Congrats on the launch! This fantastic team is killing it - I am hearing about them everywhere (;
Andy Su
Thanks David! I'm glad to hear that haha. Looking forward to seeing hotglue evolve too! You're solving a big problem for SaaS companies that rely on integrations like us.
Bala Panneerselvam
This is great! Given the amount of time I spend in managing financials in excel, this is definitely a good tool to have in the kit.
Tiffany Wong
@ibala Thanks for giving us a try!