Most frequent questions from Microsoft D365 F&O customers.
The only impact you can expect is a much faster financial close. Our customers report speeding their financial reporting processes by 50% or more.
Yes. FYIsoft’s solutions are easy to use and learn, without any help from IT or consultants. We enable accounting and finance teams to self-serve all their reporting, analytics and budgeting needs.
With FYIsoft, you will easily be able to create any report views needed: by rows, columns, departments, time periods, entities – any ad-hoc reporting needs are just a click away.
If you you are a former FRx user, you will love that FYIsoft gives you a familiar , intuitive structure with rows, columns, trees, etc. There’s virtually no learning curve. But unlike FRx, FYIsoft gives you a lot of power designed for the enterprise, such as unlimited multi-entities, currency conversion, and amazing flexibility to create and distribute reports. Learn more about our FRx report replacement.
No, not for the standard formats required for financial statements. With FYIsoft, the P&L, balance sheet, and cash flow statements are formatted just the way your auditors or executives expect. Reports are available for sharing via secure online link, and can also be downloaded in any file format needed, including PDF or Excel.
FYIsoft is designed for multi-entity companies, and this includes global enterprises. An unlimited number of entities can easily be consolidated, even if those entities have different general ledgers (as happens with acquisitions), chart of accounts, or currencies. FYIsoft works to consolidate all your disparate financial data and standardize it for consistent reporting.