ConnectFYI®: Our Financially Intelligent ETL Engine
FYIsoft's ConnectFYI technology has the unique ability to automatically convert disparate financial date from multiple sources into a data structure optimized for reporting and AI.
ConnectFYI is a web-based solution that automates the complex task of standardizing data so that ReportFYI can integrate with as many GL systems as needed. Here’s how it works:
- ConnectFYI integrates directly with your general ledger system(s).
- ConnectFYI transforms that financial data into a standardized format for reporting and AI.
- Transformed data resides in our Reporting DataMart, ready to be quickly accessed for reporting, budgeting, analytics, and AI.
This multi-entity GL data can then be integrated with BI tools through our DataStreamFYI solution.
Simplify the consolidation and reporting of multi-entity data with FYIsoft.
ConnectFYI is FYIsoft’s purpose-built ETL engine designed for complex financial environments. Unlike standard ETLs, ConnectFYI understands accounting nuances and automates the extraction, transformation, and normalization of financial data from your general ledger system(s)—with the ability to process millions of transactions in minutes. There are three integration methods available, depending on the general ledger:
FYIsoft DataMart
GL data is mapped and transferred into the datamart and can be automatically scheduled or executed on demand.
DirectFYIConnect
General ledger data is seamlessly integrated through views or triggers, and is immediately available on any FYIsoft reports.
Cloud API
General ledger data is integrated through the API (Application Programming Interface) by a development resource.
ConnectFYI is FYIsoft’s financial ETL (Extract, Transform, Load) engine that integrates financial data from multiple ERP or general ledger systems and converts it into a standardized structure for reporting, analytics, and AI.
Unlike generic ETL platforms, ConnectFYI is built specifically for financial data. It understands accounting structures, entity hierarchies, and financial reporting requirements, allowing it to transform complex financial data automatically.
ConnectFYI extracts financial data from one or more general ledger systems, transforms it into a standardized reporting format, and stores it in the FYIsoft Reporting DataMart where it can be used for reporting, budgeting, analytics, and AI.
Yes. ConnectFYI was designed for organizations with multiple entities, companies, or ERP systems. It automatically consolidates and standardizes financial data to support multi-entity reporting and analysis.
No. ConnectFYI automates the data extraction and transformation process, reducing the need for manual integration work or custom scripts.
ConnectFYI can process millions of financial transactions quickly, allowing finance teams to prepare reporting data much faster than traditional manual methods.
Once financial data is standardized in the FYIsoft DataMart, it can be used for financial reporting, budgeting, consolidation, analytics dashboards, and AI-driven financial analysis.
By transforming fragmented financial data into a clean, standardized structure, ConnectFYI provides the foundation required for financial analytics platforms and AI tools to analyze financial performance accurately.