What is ELECTE?
ELECTE is a web-based financial analytics and forecasting tool that uses AI to turn business data into projections, dashboards, and reports. ELECTE serves independent professionals, growing companies, and scaling businesses that need financial answers without hiring analysts. The service brings accounting, banking, and spreadsheet sources together so teams can work from the same financial information.
ELECTE focuses on sales forecasts, cash flow, revenue trends, and projected balance sheets. Beyond financial analysis, ELECTE offers an AI Agent for report writing and market research. These capabilities connect internal financial reporting with sourced competitor briefs, rather than limiting the service to charts or spreadsheet exports.
What ELECTE can do
ELECTE combines forecasting, reporting, and research around connected financial data. ELECTE compares forecasting methods instead of relying on a single method, and forecasts update as new data arrives. Available capabilities vary by subscription, with basic financial analytics in Starter and AI Agent reporting and competitor analysis included in Business.
- ELECTE compares six forecasting methods and selects the most accurate based on scoring.
- ELECTE produces visual dashboards for forecasts, cash flow, and trends.
- ELECTE generates reports with charts, commentary, and changes since the previous report.
- ELECTE schedules weekly, monthly, or board-cycle reports.
- ELECTE researches competitor positioning and pricing moves in sourced briefs.
- ELECTE exports reports and supports sharing with team members.
- ELECTE provides API access to financial data and forecasts.
How ELECTE works
ELECTE starts with a connection to accounting software such as QuickBooks or Xero, or an uploaded Excel or CSV file. The website states that most users are operational in under 5 minutes without a technical setup or integration project. ELECTE analyzes the supplied data and generates initial forecasts immediately.
ELECTE scores six forecasting methods against the data and uses the strongest result for forecasts and reports. Analysis reruns automatically when new data arrives. Users view results in dashboards, export reports, or share findings with their teams. ELECTE also exposes data and forecasts through an API, with endpoint and authentication documentation at api.electe.net.
Who ELECTE is for
ELECTE addresses different business stages through plans for independent professionals, growing companies, and scaling companies. Freelancers can use basic analytics and monthly forecasts, while companies can add cash flow predictions, automated reports, and competitor research. Teams preparing recurring financial updates can use live data, charts, and commentary in reporting workflows.
- Independent professionals can track revenue trends and produce monthly forecasts.
- Growing companies can forecast cash flow and monitor financial trends.
- Teams can prepare recurring reports for weekly, monthly, or board cycles.
- Businesses can compare their numbers with competitor and market research.
ELECTE pricing and plans
ELECTE lists Starter at €32/month and Business at €40/month, with custom pricing for Enterprise. Starter includes basic financial analytics, revenue trend tracking, monthly forecasts, email support, CSV export, and 90-day data history. Business adds the AI Agent, AI-powered forecasting, unlimited data history, advanced integrations, and cash flow predictions.
ELECTE offers free trials on Starter and Business, with cancellation during the trial at no cost. Enterprise adds a dedicated account manager, custom integrations, advanced security, an SLA guarantee, and white-label options. All prices exclude VAT. Checkout and billing occur within ELECTE, and monthly subscriptions retain access until the end of the billing period after cancellation.
ELECTE strengths and limitations
ELECTE combines accessible data connections, automatic forecasting updates, and reporting in a shared financial workspace. ELECTE also states that customer data is stored on servers in Germany and can be exported or deleted at any time. Subscription boundaries matter when evaluating the service because reporting automation, historical coverage, and customization differ between plans.
- ELECTE Starter retains 90 days of data history rather than unlimited history.
- ELECTE reserves AI Agent reporting and competitor analysis for Business and Enterprise.
- ELECTE reserves custom integrations and white-label options for Enterprise.
- ELECTE lists subscription prices excluding VAT.
ELECTE FAQ
What is ELECTE?
ELECTE is a web-based AI financial analytics and forecasting tool for independent professionals and growing companies. ELECTE connects business data to generate sales forecasts, cash flow projections, visual dashboards, and reports, with an AI Agent available for automated reporting and competitor research.
Is ELECTE free?
ELECTE is a paid service with free trials for Starter and Business. Listed prices are €32/month for Starter and €40/month for Business, excluding VAT, while Enterprise uses custom pricing. Trial users can connect their software and cancel during the trial at no cost.
Which data sources does ELECTE support?
ELECTE supports QuickBooks and Xero connections, along with Excel and CSV uploads. ELECTE also describes centralized access to accounting, banking, and spreadsheet data and lists 75+ integrations, with advanced integrations included in Business and custom integrations available through Enterprise.
How does ELECTE generate financial forecasts?
ELECTE runs six forecasting methods on connected data, scores the methods against one another, and selects the most accurate result. ELECTE reruns forecasts automatically as new data arrives and presents outputs through visual dashboards for forecasts, cash flow, and trends.
Does ELECTE have an API?
ELECTE provides API access so users can pull their data and forecasts into their own systems. ELECTE directs users to api.electe.net for documentation covering endpoints and authentication.
Where does ELECTE store customer data?
ELECTE stores all customer data on secure servers in Germany and states compliance with GDPR and European data-protection regulations. ELECTE also states that financial data is not sold and that users can export or delete their data at any time.
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