Top 15 ModelRisk Alternative and Similar Softwares | Dec 2024

ModelRisk is an Excel add-in that allows the user to include uncertainty in their spreadsheet models. ModelRisk has been the innovation leader in the marketplace since 2009, being the first to introduce many technical features that make risk models easier to build, easier to audit and test, and more precisely match the problems you face.

A ModelRisk user replaces uncertain values within their Excel model with special ModelRisk probability distribution functions that describe the uncertainty about those values. ModelRisk then uses Monte Carlo simulation to automatically generate thousands of possible scenarios.

1. TUKHI

TUKHI Tukhi is a simple and powerful simulation for Microsoft Excel.- High performance Monte Carlo simulations.- Data driven simulations using SQL Queries.- Simulations can be nested inside of simulations.- Use any random number generators.- No limit on the number of iterations.......

2. Risk Solver

Risk Solver Risk Solver provides Instant, interactive risk analysis in Excel, with lightning-fast simulations run each time you change a number. Charts update instantly, showing a new distribution of outcomes for each change - and new insights for you.......

3. SimulAr

SimulAr SimulAr is a Monte Carlo simulation software designed to analyze and evaluate business situations and taking decisions under a risk context. Risk analysis is a technique used to help decision-makers to evaluate a problem under uncertainty conditions. In that context, to obtain the closer possible result in comparison to what......

4. RiskAMP

RiskAMP RiskAMP is a full-featured Monte Carlo Simulation Engine for Microsoft Excel.With the RiskAMP Add-in, you can add Risk Analysis to your spreadsheet models quickly, easily, and for a fraction of the price of competing packages. The PERT distribution for cost and project modeling An easy-to-use wizard for creating tables and......

5. @RISK

@RISK @RISK is the world's most widely used risk analysis tool. Avoid risk by using Monte Carlo simulation to show possible outcomes in your Microsoft Excel spreadsheet.......

6. Oracle Crystal Ball

Oracle Crystal Ball Oracle Crystal Ball is the leading spreadsheet-based application suite for predictive modeling, forecasting, simulation, and optimization. It gives you unparalleled insight into the critical factors affecting risk. With Crystal Ball, you can make the right tactical decisions to reach your objectives and gain a competitive edge under even the most......

7. Yasai

Yasai YASAI is an add-in designed for teaching elementary Monte Carlo simulation in Microsoft Excel. Although numerous similar tools do already exist, we needed one that was simple to use for mathematically unsophisticated beginning students, and could be used and installed easily without system administrator privilege.......

8. TreePlan

TreePlan TreePlan helps you build a decision tree diagram in an Excel worksheet using dialog boxes.Decision trees are useful for analyzing sequential decision problems under uncertainty.TreePlan creates formulas for summing cash flows to obtain outcome values and for calculating rollback values to determine optimal strategy.For Microsoft Excel 2007-2013 (Windows) and Excel......

9. Lumenaut

Lumenaut The Lumenaut Excel software add-in features a Monte Carlo simulation software package, a Decision Tree analysis software package and a Parametric and Non-Parametric Statistics software package, providing a power packed set of tools for your business, engineering, industrial or scientific analysis right in Excel.......

10. SAFE TOOLBOXES

SAFE TOOLBOXES SAFE TOOLBOXES enhances Excel capabilities with simulations, actuarial, financial and econometrics routines. It is designed to help experts in building complex analytical models in a fraction of time. SAFE TOOLBOXES is a four-in-one product. When you install SAFE TOOLBOXES you gain immediate access to all toolboxes.The SIMULATION TOOLBOX provides a......

11. ProCalc

ProCalc ProCalc is a software company that caters to the commercial real estate industry.It's a Microsoft Office Excel - based lease analysis model.......

12. Lx LseMod

Lx LseMod Lx LseMod Lease Analysis tools provide corporate real estate manager the tools they need to safely analyze or budget (capital and expense) real state projects, compare multiple properties, create occupancy scenarios, analyze and compare purchase agreements, analyze sale leaseback deals and evaluate space needs.It's a Microsoft Office Excel......

13. RecoveryTools for MS Excel to vCard

RecoveryTools for MS Excel to vCard Convert Excel contacts into vCard in one go via RecoveryTools MS Excel to VCF converter tool. This contact management tool is a specialized and technically high converter tool importing contacts from Excel into VCF. Excel to vCard converter tool helps in moving contacts from Excel spreadsheet into 2 ways: •......

14. Business Functions

Business Functions Business Functions is a function library for Microsoft Excel that's been around since 2002.We think it makes business plans, budgets, structured financings and cashflows more powerful and manageable. We found that using standard functions makes models: more adaptable, because a single function call can invoke a large variety of different......

15. Essential Excel Add-In

Essential Excel Add-In Essential Excel Add-In is a Microsoft Excel Add-In, written in VBA, that contains useful User Defined Functions (UDFs) and Macros to performs a number of different tasks that either Excel does not provide. Here is the Essential Excel Add-In ribbon:ToolsRemove DuplicatesFind and CopySpreadsheet ShaderHighlight MatchesText Case ChangerOther ControlsUser Defined Functions......