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Acquire a Company and Now You Need Financial Reporting From Multiple GLs?

Acquiring a company and having to manage financial reporting from multiple GLs can quickly become a nightmare scenario when the proper software solutions are not in place. Fortunately, FYIsoft has you covered with impressive financial consolidation software to sooth the burden of managing multiple GLs.

New regulations and segmentation of revenue mean that spreadsheets alone may no longer be a viable solution when working with multiple GLs. Efficiency, accuracy, and immediate visibility are critical for internal and external financial reporting.

FYIsoft’s financial software solutions enable simpler financial consolidation by reducing the time and resources it takes to gather and compare financial data from multiple sources. By automating critical accounting functionalities and minimizing manual processes, you can reduce errors and focus on value-added financial analysis.

For multinational businesses, FYIsoft solutions enable quick translation of multi-company balances into the required reporting currencies. The solution enables currency conversion calculations that make it easier to evaluate consolidated financial statements in a single currency.

Additionally, FYIsoft’s financial consolidation software:

  • Integrates with any general ledger system (or Excel) to import and standardize data, and automate the creation of beautifully formatted, consolidated reports, and
  • Translates multinational balances into a single currency (or multiple currencies, if desired)

Why choose FYIsoft when managing multiple GLs?

Choosing FYIsoft’s financial consolidation software is an easy choice. It’s a cloud-based solution, which means it’s secure, always current, and always accessible from any device with an internet connection. Its user-friendly and convenient interface makes even the most frustrating accounting work a breeze.

With 8,500 users and counting, FYIsoft’s loyal customer base speaks for itself. With software that automates, simplifies, consolidates, and streamlines, it’s easy to see why it is increasingly preferred over on-premise software solutions.

Contact FYIsoft for a demo today to see how this cloud-based solution can help you access financial reports from multiple GLs, as well as consolidate them.

 

Looking For NetSuite Financial Reporting? FYIsoft Has You Covered

If your organization uses NetSuite but is in need of advanced financial reporting features, FYIsoft has you covered.

FYIsoft is fully integrated with NetSuite, ensuring you have access to the full spectrum of reports while not having to disrupt or change your core GL system. FYIsoft offers stronger financial reporting for NetSuite customers, including features that can save your organization up to 10+ days during each and every period close.

8,500 users choose FYIsoft. Should you?

There are many reasons to choose FYIsoft’s cloud financial reporting software, and a full integration with NetSuite is just one. FYIsoft’s robust financial reporting features are ideal for companies with complex consolidation requirements and other unique reporting challenges that accompany organizations with multiple entities, high growth, or global reach.

FYIsoft’s superior NetSuite financial reporting capabilities include:

  • Simpler consolidated reports for multiple levels, locations, entities, and currencies
  • Easy, flexible report structure that requires no programming skills or IT resources
  • Advanced, automated report distribution that is accessible through any device with an internet connection–24/7
  • Superior, interactive drill-down capabilities
  • Board-ready reports with customizable formatting
  • Built-in audit features to help your organization remain compliant

FYIsoft can also accelerate NetSuite customers’ financial close. FYIsoft customers save days– often 10+ days.

And because FYIsoft is already fully integrated with NetSuite, NetSuite customers can be up and running within hours.

Take advantage of the FYIsoft/NetSuite integration today

FYIsoft offers customers reliable benefits, including a faster period close, easier report generation, efficient report distribution, mobile access, enhanced data integrity, and ROI within weeks.

Request a demo today and learn how FYIsoft can cut 10+ days off your next period close. A financial reporting expert will show you how FYIsoft’s integration with NetSuite makes it easy to dramatically improve your financial reporting capabilities, without replacing your ERP.

ISV/Technology Partnership

Our ISV/Technology Partnership Opportunity Can Bring Greater Value to Your Clients

Add power to your GL.

FYIsoft’s ISV/Technology partnership opportunity can bring greater value to your clients. FYIsoft can transform your GL with newer, more modern financial reporting capabilities that your clients have come to expect. By integrating with FYIsoft, you bring greater value to your clients while enhancing the investment you’ve already made in your core GL.

Some of the GLs that FYIsoft integrates with include: Acumatica, Apprise, Flexi, Epicor, Sage, Infor, Microsoft, NetSuite, and more. Through FYIsoft’s proprietary “connector,” FYIsoft can integrate with your exposed API and map the financial data from your GL into FYIsoft’s cloud financial reporting solution. This integration delivers the speed, accuracy, and robust financial reporting capabilities that today’s finance teams need, such as:

  • Cloud financial reporting software
  • Access to reports 24/7 from any device
  • Simplified multi-company consolidations
  • Easier report generation
  • Automated report distribution
  • Powerful, interactive drill down capabilities
  • Global currency conversions and much more

The value of an investment in FYIsoft

FYIsoft is a great choice for technology platforms that need more power and the benefits of cloud reporting, without significant time and capital investments.

Industry-Focused GLs

Your expertise has delivered the industry-specific functionality that your clients need. FYIsoft’s expertise will enable you to deliver a power-packed cloud financial reporting solutions so your clients don’t have to find it elsewhere.

Proprietary and Legacy GLs

Your GL system does the job, but you’re feeling the pressure from clients wanting the benefits of more modern cloud reporting. FYIsoft can modernize your financial reporting offering, without the need to rewrite your code.

FYIsoft has integrated with dozens of ISVs/technology platforms and knows how to make a partnership mutually successful

Complete this form and a member of FYIsoft’s partner team will show you how your company can benefit from a partnership with FYIsoft. An investment in FYIsoft software means your clients can dramatically improve the speed of their financial close processes with stronger reporting capabilities.

FYIsoft can bring your clients greater value

FYIsoft knows that your clients are demanding more than ever, and in this era of cloud accounting, FYIsoft can help your business deliver.

FYIsoft has built a network of 8,500 users and counting. With software solutions that are user-friendly, convenient, accessible, and integrate with popular GLs, FYIsoft is the obvious choice for improving your accounting processes and your relationships with your clients.

Click here to learn more about our ISV/Technology partnership.

FRx Report

Uncertainty in Microsoft’s Financial Products Have you Worried? Try our FRx Report Replacement

Many accounting professionals are uneasy with the uncertainty shrouding Microsoft’s financial products. Many organizations are still using the unsupported Microsoft FRx solution for fear of transitioning onward. Transitioning to new software has been collectively reluctant, and in many cases, downright resistant.

Fortunately, FYIsoft makes the transition easy and painless.

After all, it’s been over five years since Microsoft officially retired its FRx reporting solution. Why haven’t you?

FYIsoft’s FRx reporting solution

FYIsoft offers the ideal FRx report replacement solution in its cloud financial reporting software. FYIsoft can replace your FRx reporter and convert your unsupported FRx reports. FYIsoft systematically converts existing FRx reports at the database level so the conversion process is accurate, reliable, and consistent–regardless of how many FRx reports you may have.

The FYIsoft solution easily converts:

  • Catalogs
  • Rows
  • Columns
  • Trees
  • Account sets
  • Font styles
  • Formulas

Features and benefits

FYIsoft’s FRx report replacement solution offers the same key FRx features finance departments depend on, plus enhanced financial reporting software benefits that will take your reporting to the next level.

Familiar components of rows, columns, and organizational trees help FRx users quickly adapt to FYIsoft reports. The intuitive, user-friendly interface offers a comfortable navigation environment that includes:

  • Point-and-click features
  • Drag-and-drop actions
  • Pull-down menus

Choosing FYIsoft

Why stick with a software solution that retired 5 years ago? Moving forward with FYIsoft is an easy choice: the interface is similar enough that navigating and learning it is a breeze, but advanced enough that the features and benefits far outweigh Microsoft’s FRx solution.

FYIsoft is a secure, current, accessible solution. The customer testimonials speak for themselves. FYIsoft has already gained a following of 8,500 users. While upgrading accounting software can be a stressful experience, FYIsoft experts are here to help guide you through the transition to a more successful accounting department.

Submit this form for a demo today. An FYIsoft financial reporting expert will get you started on your FRx report replacement plan.

 

A Faster Period Close is Something All Accounting Professional Dream Of– FYIsoft Can Help

Accounting professionals may disagree on processes and workflows, but they often agree on at least one point: that a faster period close is preferred and beneficial to business.

Did you know that FYIsoft can save up to five days on your close?

What could your staff accomplish with up to five days gifted back per period close? Financial executives will be thrilled to hear that the time saved can be reallocated to strategy and analysis.

Is a faster period close too good to be true?

No. But how can your organization make it happen?

Today’s executives know how much pressure there is to save time and money; the bottom line is at the forefront of every executive’s mind. Preparing pristine, accurate financial statements can be a time-consuming endeavor, and combined with a lack of visibility and fragmented data, many accounting teams are stretched beyond their means.

Financial Reporting Solutions

Fortunately, FYIsoft financial reporting solutions can help your organization do the following:

  • Managers and decision makers no longer have to wait to get answers from their accounting department–instead, they can analyze their own financial statements and quickly drill down to account level and transaction details
  • Reports and entries can also be analyzed all the way back to the transaction details, and alerts can be created using if/else statements
  • FYIsoft’s data auditing and validation feature can even check your work, and reports can easily be exported to Excel for further analysis

FYIsoft to the rescue

FYIsoft can offer new efficiencies that help you achieve and maintain faster period closes.

FYIsoft can connect to multiple general ledgers at a time, as well as drill down to the transaction level right from the report to ensure accurate reconciliations. With FYIsoft, it’s possible to complete your period-end close process in hours–rather than the days or weeks it often takes!

FYIsoft can propel you towards faster closes

Accounting professionals dream of a faster period close–and FYIsoft can make it a reality.

FYIsoft automates, simplifies, consolidates, and streamlines, cutting down on and even in some cases eradicating manual data entry. With less time spent on manual processes and more efficiency and accuracy due to automation, it’s easy to see why FYIsoft can help you achieve faster period closes.

Contact FYIsoft for a demo today to see how your dream of faster period closes can be a reality.

 

Acumatica financial reporting capabilities

Need Acumatica Financial Reporting Capabilities?

If you need Acumatica financial reporting capabilities, FYIsoft’s cloud-based solutions are for you.

FYIsoft’s cloud financial reporting software is fully integrated with Acumatica. FYIsoft’s cloud financial reporting software is ideal for companies with complex consolidation and reporting requirements. Implementation is easy, and within hours you can be enjoying key FYIsoft features such as:

  • Multi-company consolidations
  • Global currency conversion
  • Superior interactive drill down capabilities
  • Easy, flexible report setup
  • Advanced, automated report distribution, accessible 24/7 from any device
  • The ability to merge non-financial data into reports to calculate KPIs

FYIsoft is Acumatica certified, designed to help you get more financial reporting power out of your Acumatica investment.

When Acumatica ARM isn’t enough

FYIsoft is ideal for companies that are outgrowing the basic reporting capabilities found in Acumatica ARM and need greater flexibility, speed, and power. Here are just a few of the features that enable FYIsoft customers to save up to 14 days with every period close:

Consolidation

FYIsoft makes consolidations easy, even in complex environments that involve multi-entities, global currency conversions or M&A activity. FYIsoft’s powerful engine easily consolidates this disparate data and creates standardized, perfectly-formatted reports with any view needed: consolidated or at the individual company level.

Report Generation

FYIsoft’s unique architecture is built around familiar structures such as rows, columns and unit sets, which make report setup a breeze. Any future changes made to the Chart of Accounts or report parameters will be reflected in those reports automatically, without the need for manual adjustments.

Report Distribution

FYIsoft puts an end to manually-intensive report distributions. Once reports are setup, FYIsoft enables users to automatically distribute reports with a click of a button. That’s hundreds or thousands of reports that can be distributed with complete confidence that you’re getting the right data to the right people, at exactly the right time.

Exporting

FYIsoft enables the exporting of reports through secure web links, pdf or Excel. When exporting to Excel, many report writers simply dump data into a massive spreadsheet. FYIsoft, on the other hand, exports each company into its separate tab, further speeding and simplifying the reporting and analysis functions.

Why choose FYIsoft?

If Acumatica reporting is important to your organization, then the choice is easy: FYIsoft is already integrated with Acumatica. FYIsoft can get you up and running within hours. Schedule a demo with FYIsoft experts and and see what FYIsoft can do for you!

 

Cloud Financial Reporting

How Cloud Financial Reporting Is Not Just the Future But the Now of Accounting

Cloud software is taking business by storm, and while many accounting professionals consider cloud-based solutions to be the future of accounting, experts advise that cloud accounting solutions are not just the future–they’re the now.

It may feel risky to switch over to a cloud-based solution after years of using traditional software that is installed locally. However, there are many benefits of making such a switch, and by not embracing the technology shift now, organizations are at risk of having their processes considered outdated and archaic.

There are many reasons to embrace cloud technology now, such as:

Cloud-based solutions make data accessible anywhere with an internet connection.

Any user with a device with an internet connection can access the cloud through their web browser; there is no need to install the software locally. The data is stored on remote servers, making accessibility even easier for the team players that regularly access this data.

Cloud-based solutions house data that is always current and up-to-date.

Another excellent feature of cloud accounting solutions is that updates take place in real time. When a user accesses financial data through the cloud, all information presented is the most current and up-to-date, and all users have access to the same numbers. This eliminates the need for redundant reporting and also minimizes risk of error.

Cloud-based solutions help manage business and client relations.

Business relationships are important, and the ability to search and find account information at a moment’s notice certainly helps to maintain those relationships.

Cloud-based solutions save time and allow accounting professionals to focus their efforts where it’s needed most.

Cloud accounting solutions help companies save time. Data is more accurate, reporting is quicker and easier, and accounting professionals’ time is freed up for more strategic initiatives, like advisory services.

What can FYIsoft do for you

FYIsoft has 8,500 users and counting, and the team is ready to help upgrade your software, process, and workflow.

FYIsoft’s easy-to-use cloud solutions simplify even the most complex financial reporting demands by automating manual processes and enabling users to get the right information to the right people.

FYIsoft solutions help users with financial reporting, management reporting, financial consolidation, close management and reconciliation, report distribution, and more.

To start reaping the positive benefits of cloud software, including improved data accuracy, security, 24/7 access, automation, and improved communication, contact FYIsoft for a demo today.

Cloud Accounting Communication

How Cloud Accounting Can Help With Client Communication

There are an exceptional amount of benefits to adopting cloud-based accounting software for your organization, one of which being that cloud accounting vastly improves communication—both internally and externally—for your business.

Benefits to Cloud Financial Reporting

Cloud accounting can help with client communication first and foremost by making financial reporting easier, quicker, and more accurate. FYIsoft enables not only fast, accurate and actionable financial reporting, but also the ability to remain proactive and competitive amidst changing business, market and regulatory demands. Enhanced reporting capabilities empower you to generate, package, and distribute reports faster, allowing additional time for review and analysis. It also increases the relevance and value of your financial reports. Staff are enabled to gain insight needed to run the business more efficiently, and users are also enabled to drill down into transaction details and perform their own analysis.

How does it help communication?

Cloud accounting also helps with client communication by offering secure, 24/7 access to data, from anywhere with an internet connection. This includes secure financial report distribution that saves your team hours, days, weeks—even months. Users can access and analyze reports 24/7 but cannot change the data, protecting the integrity of your financials. Distribution lists are easy to setup and maintain, speeding the process to distribute based on any number of parameters such as permissions, departments, locations. Additionally, interactive cloud reports can be delivered via URL link, enabling users to drill down and see transaction details. Lastly, cloud accounting offers flexibility to slice and dice reports fitting your unique needs.

Cloud software can also be considered a gateway to other new and improved technology, and embracing new technology can help you keep in touch with clients. Accountex Report suggests keeping in touch with clients through text message or instant message apps like Slack or Skype, or using voice over internet protocol (VOIP) for phone calls.

What can FYIsoft do for you

FYIsoft has 8,500 users and counting, and the team is ready to help upgrade your software, process, and workflow.

FYIsoft’s easy-to-use cloud solutions simplify even the most complex financial reporting demands by automating manual processes and enabling users to get the right information to the right people.

FYIsoft solutions help users with financial reporting, management reporting, financial consolidation, close management and reconciliation, report distribution, and more.

To start reaping the positive benefits of cloud software, including improved data accuracy, security, 24/7 access, automation, and improved communication, contact FYIsoft for a demo today.

Sage Financial Reporting

FYIsoft Now Offers Sage Financial Reporting

FYIsoft has good news for Sage users.

If you’re using an on-premise version of Sage, chances are your financial reporting capabilities fall short of what your growing organization needs. But, FYIsoft’s integration with Sage brings you all the benefits of the leading cloud financial reporting system without replacing your ERP.

FRx report replacement

Many Sage users continue to struggle with their now-unsupported FRx report writer. FYIsoft offers the ideal FRx report replacement solution with an easy, intuitive structure that is similar to FRx so there’s virtually no learning curve.

Benefits of FYIsoft software

FYIsoft offers all the benefits of cloud financial reporting, such as:

    • Faster Period Close
      Our customers cut up to 10+ days off their period close processes – time they can now spend on more value-added activities.
    • Easier Report Generation
      Our component-based cloud architecture simplifies consolidations, even for complex multi-company entities.
    • Efficient Report Distribution
      Secure, web-based distribution process ensures you get the right data to the right people, whenever they need it.
    • Mobile Access
      Access to financial reports 24/7, through any device, ensures you’re always ready with accurate, reliable data.
    • Data Integrity
      With our cloud reports, users can drill down and analyze their own expenses – without the ability to change the data.
    • ROI Within Weeks
      A low total cost of ownership, combined with increases in productivity, will deliver ROI in as little as eight weeks.

Take advantage of FYIsoft’s Sage integration

Learn how FYIsoft has helped our customers easily convert thousands of reports in a matter of minutes.

Request a demo and see how easy it is to significantly improve your financial reporting with FYIsoft.

Submit the form and an FYIsoft financial reporting expert will show you how the integration with Sage makes it easy to dramatically improve your financial reporting capabilities, without replacing your ERP.

What can FYIsoft do for you

FYIsoft has 8,500 users and counting, and the team is ready to help upgrade your software, process, and workflow.

FYIsoft’s easy-to-use cloud solutions simplify even the most complex financial reporting demands by automating manual processes and enabling users to get the right information to the right people.

FYIsoft solutions help users with financial reporting, management reporting, financial consolidation, close management and reconciliation, report distribution, and more.

To start reaping the positive benefits of cloud software, including improved data accuracy, security, 24/7 access, automation, and improved communication, contact FYIsoft for a demo today.

FYIsoft's FRx Report Replacement

3 Reasons Why FYIsoft’s FRx Report Replacement is Your Best Option

It’s time to step into 2018 and replace Microsoft’s archaic FRx reporting tool.

Fortunately, FYIsoft offers an FRx report replacement solution that offers the same key FRx features that finance departments depend on, plus enhanced financial reporting software benefits that will take your reporting to the next level.

FYIsoft’s solution can replace your FRx reporter and convert your unsupported FRx reports. FYIsoft systematically converts existing FRx reports at the database level so the conversion process is accurate, reliable, and consistent, regardless of how many FRx reports you may have.

Here are the top three reasons why FYIsoft’s FRx report replacement is your best option in 2018.

  • It’s time for your business to retire use of the Microsoft FRx reporting solution

Microsoft officially retired it FRx reporting solution over five years ago. Isn’t it time that your business welcomed the new and changing technology trend and retired it, too?

The FYIsoft solution easily converts: catalogs, rows, columns, trees, account sets, font styles, and formulas.

  • All the features your business needs are built into the FYIsoft FRx report replacement solution

FYIsoft’s FRx report replacement solution offers the same key FRx features on which finance departments depend, plus enhanced financial reporting software benefits that will take your reporting to the next level. Familiar components of rows, columns, and organizational trees help FRx users quickly adapt to FYIsoft reports. The intuitive, user-friendly interface offers a comfortable navigation environment that includes:

  • Point-and-click features
  • Drag-and-drop actions
  • Pull-down menus

Join the existing FYIsoft clientbase that has used this tool to convert thousands upon thousands of FRx reports quickly and easily. Contact the experts at FYIsoft today to learn more about the FRx Report Replacement Plan.

What can FYIsoft do for you

FYIsoft has 8,500 users and counting, and the team is ready to help upgrade your software, process, and workflow.

FYIsoft’s easy-to-use cloud solutions simplify even the most complex financial reporting demands by automating manual processes and enabling users to get the right information to the right people.

FYIsoft solutions help users with financial reporting, management reporting, financial consolidation, close management and reconciliation, report distribution, and more.

To start reaping the positive benefits of cloud software, including improved data accuracy, security, 24/7 access, automation, and improved communication, contact FYIsoft for a demo today.