4.3
Taco ratings
Equitest - AI-Powered Business Valuation Platform has received positive feedback from customers, who appreciate its user-friendly AI-driven algorithm, responsive support, and quick company valuations for financing deals. However, there have been some reported issues with occasional data import problems and limited usefulness for experienced valuation professionals. Despite these concerns, Equitest remains a solid choice for those seeking a fast and accurate business valuation tool, with an overall rating of 4.3 and a 60-day money-back guarantee.
AI-powered summary of customer reviews
Verified purchaser
The valuation seems unrealistic
The valuation seems gimmicky and unrealistic. I've back tested the valuation for one company with Syft, actual negotiations and my understanding of the business and Equitest was on another planet. Cold planet. Further the Xero financial data import was importing wrong numbers in the BS, and I had to type them manually. Saving grace - in theory you could spit out a valuation in 30min. You can adjust most assumptions used for valuation. That said - If you know how to adjust these you are probably a valuation expert already. For me as an accountant who's done valuations as a trainee 15 years back, it is of limited use.
Tamir_1
Nov 29, 2024Thank you for sharing your feedback. We value your insights and would like to address your concerns:
Efficiency of Equitest: You managed to create an account and perform a company valuation, even negotiating a business sale within just 4 hours. This showcases the powerful capabilities of our system.
Xero Integration: We offer three methods to input data from Xero:
Direct API integration with Xero.
Exporting data from Xero to an Excel file and uploading it to our platform.
Manual entry.
You opened a support ticket regarding the Xero integration issue, and we asked for more details, but we never received a response. We're here to help resolve any issues you encounter.
Valuation Flexibility: Our platform provides complete flexibility in adjusting all valuation parameters. The resulting valuation is based on the specific inputs you chose to enter.
Negotiation Dynamics: Valuation is only one part of the negotiation process, which also depends on negotiation skills and strategies. Buyers typically aim to negotiate a lower price to maximize their profit. Our platform offers risk analysis features, such as sensitivity analysis, Monte Carlo simulations, and Value at Risk (VaR), to help you understand the potential risks and rewards.
Valuation Methods: Equitest employs six widely accepted valuation methods, including Discounted Cash Flow (DCF) analysis. We adhere to standard methodologies and do not invent new ones.
Ease of Parameter Updates: Updating parameters in our system is straightforward. We are more than happy to assist you with this via a support meeting. Please schedule a session with us to get the help you need.
Professional Foundation: Equitest was developed by a professional valuation expert, specifically for valuers. It significantly reduces the time needed for entrepreneurs to perform a valuation from four days to just 30 minutes.
Customer Preference: An increasing number of users are switching from competing products like Valutico, which costs thousands of dollars, and Bisequity, to Equitest because it offers a more robust solution with better capabilities.
We are committed to continuous improvement and value your feedback as part of this process.
Best regards,
Share Equitest - AI-Powered Business Valuation Platform
Verified purchaser
Equitest rocks - very supportive
Equitest is a great product and has all important valuation methods. CEO is very supportive ans had an hour long videocall with us to give detailled explanation.
Tamir_1
Nov 6, 2024Thank you so much for your amazing 5-star review! 🌟 We’re thrilled to hear that you found Equitest to be a great product with all the important valuation methods you need.
I’m especially glad that our support met your expectations and that you found our detailed explanations helpful during the video call. Your feedback is incredibly valuable to us, and it helps us ensure we're providing the best possible service to our users.
Our mission is to make Equitest the world's leading business valuation software, and reviews like yours fuel our drive to achieve this goal. Please don’t hesitate to reach out if you have any more questions or need further assistance. We’re here to help!
Share Equitest - AI-Powered Business Valuation Platform
Verified purchaser
Very helpful in financing deals.
We needed a tool to quickly and efficiently help us get company valuations for financing deals. And this fits the bill perfectly.
Tamir_1
May 9, 2024Thank you for your review! We are glad to hear that Equitest has been helpful in your financing deals.
We understand that time is of the essence when it comes to financing deals, and we are committed to providing our customers with a quick and efficient way to get company valuations. We are also glad to hear that you feel that Equitest fits the bill perfectly.
We are always working to improve our product, and we appreciate your feedback
Share Equitest - AI-Powered Business Valuation Platform
Verified purchaser
Valuable tool!
I purchased Equitest with an immediate need, to work on a valuation for a proposed business purchase and expansion. I had already modelled it using spreadsheets which was helpful for financial data input. However, I needed to somehow translate those figures into an equity valuation and Equitest did that and more. A third party assisted valuation gives a lot more credibility, and in the case of Equitest it saves a lot of time and headache! I was able to input, adjust and successfully complete the valuation.
I did need help from support on four occasions and EACH time the response was received very quickly (by email), on two occasions I setup a video call and on two other occasions they sent me video instructions. The support alone was worth 5 stars let alone getting the product-result I needed from this. Buy and stash for when you need this in your business, especially if you are likely to need a couple of them over time.
Tamir_1
May 9, 2024Thank you for sharing your positive experience with Equitest! It's always great to hear from satisfied customers, especially when they find the product to be a valuable asset to their business needs. We take great pride in creating a tool that not only saves time and headache but also exceeds expectations.
At Equitest, we understand the importance of providing excellent support services to our users, and we're glad to hear that our support team has been able to assist you promptly and effectively. We strive to provide the best support possible, whether it's through email, video calls, or video instructions. We're pleased to know that our support services have been top-notch in the market.
We appreciate your recommendation of Equitest to others, and we're thrilled to know that the product has been able to meet your needs. Thank you for your support, and we hope to continue serving you and your business in the future.
Share Equitest - AI-Powered Business Valuation Platform
Verified purchaser
More Value Than Expected
I recently used Equitest to generate a business valuation report for my company. The process was incredibly easy and user-friendly. With the help of their AI-driven algorithm, I was able to accurately assess the net worth of my business. The report was accurate and gave me valuable insights into the financial performance of my company. The industry experts behind the software are highly knowledgeable.
I highly recommend Equitest for anyone looking to get a quick and accurate assessment of their business. It saved me so much time and effort in creating an investor-ready financial model and plan for my startup.
Tamir_1
May 9, 2024Thank your for the review.
Share Equitest - AI-Powered Business Valuation Platform
Verified purchaser
CPA
Pretty good app! Of course, Business Valuations do take a bit of knowledge of valuation techniques and metrics so if you are not experienced, please don't think that an app will make you a qualified expert... No app will! Follow your professional standards, get some education and this app will help you with your presentation report. Again, overall good tool. Developer is highly responsive with support and seems to be open to feedback, enhancing the experience and improving the app as needed.
Tamir_1
May 20, 2024Thank you for your thoughtful review! We're glad to hear that you find our app useful. We're committed to supporting our users and continuously improving the app based on feedback. Your recognition of our responsiveness and openness to suggestions is much appreciated. Thank you for your support and for recommending our tool to others in the field!
Share Equitest - AI-Powered Business Valuation Platform