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In bad shape and about to get worse... - Anonymous employee FINCAD Employee Review

1.0
24 Feb 2016
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The company has decent benefits, including vacation and competitive salaries. There are some very smart and dedicated people who work here.

Cons

Many people have indicated in their reviews that the executive team is the biggest problem here and I couldn't agree more. Well one is finally leaving but regrettably the wrong one. Don't know her personally, but unlike all the others she seems very knowledgeable and down to earth. Everyone is saying this is a huge loss for the company Overhead in the lunchroom " the voice of reason is leaving the building and you know something is majorly wrong when your CFO quits after 20 years" Of course the "corporate message" is the usual twisting of the facts to make things seem less dire... Sales are ridiculously low and there's not much hope of improvement . They laid off several people last month and then 2 days later we are forced to attend a release celebration with cake and champagne ?!? I say forced because you don't want to become their next victim. They seem doomed to fail for many reasons. The new F3 product is too complicated and certainly nowhere near market ready - even people who work here have trouble using it and /or say they can't sell it . They opened offices around the world and they are not successful ...I hear they are closing one right now and I wouldn't be surprised if more will follow. Taking shots in the dark hoping to hit something is not a viable strategy.

Explore other reviews about FINCAD

4.0
26 Sept 2022
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Remote work, friendly team and atmosphere.

Cons

Business is under going change.

4.0
1 Oct 2021
Recommend
CEO approval
Business outlook

Pros

Friendly, collaborative culture Many smart people to learn from Exposure to interesting problems

Cons

Company is going through a transition period with new management, which brings excitement, but some job losses have resulted from restructuring

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