How FYIsoft’s Financial Reporting Software Can Cut 10+ Days Off Your Period Close

Financial reports provide the data and insight from which all business decisions are made. For today’s finance teams, it is crucial that those reports be accurate, easy to produce, and board-ready at a moment’s notice. The report applications found in most ERP systems just don’t cut it. That is FYIsoft’s focus. FYIsoft is committed to delivering the best available cloud financial reporting software, specifically designed to integrate with your GL system and dramatically improve reporting processes, even in the most complex financial environments. FYIsoft’s financial reporting software solves even the toughest accounting challenges your organization faces: Multiple GL systems – FYIsoft standardizes data so you can integrate with as many GL systems as needed, saving weeks if not months of time. Currency conversions – For multi-national companies, FYIsoft automates currency conversions, greatly simplifying the consolidation of global financials. Multiple entities (companies, branches, divisions, franchises) – Companies that generate 100+ reports every month find huge relief with FYIsoft. Our software can slice and dice any distributions needed, giving you confidence that you’re delivering the right data to the right people. And, FYIsoft’s financial reporting software can cut 10+ days off your period close. Other perks of FYIsoft financial reporting software: Easier report generation - Flexi’s 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 - 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. [...]

By |2019-02-13T13:21:46-04:00November 21st, 2017|FYIsoft|Comments Off on How FYIsoft’s Financial Reporting Software Can Cut 10+ Days Off Your Period Close

Financial Reporting Software Products – Why All Are Not Created Equal

Not all financial reporting software products are created equal, as veterans of the financial industry have known for years. Some systems are limited and restricted, other systems are extremely costly to implement and support, and still others lack the intuitive user experience necessary in successful financial reporting solutions. Your financial reporting software should embody a host of powerful features and capabilities, and out-of-the-box solutions are typically not dynamic enough to achieve this—much less achieve it easily. FYIsoft recognizes these needs and approaches customers with customizable software that minimizes risk across multiple departments by serving as a central hub of organizational data. The best financial reporting software simplifies complex financial data so your staff can manage increasing volumes of data from multiple sources. Limits and restrictions A common complaint about financial software is that out-of-the-box solutions leave businesses wanting more. While there are many best practices in accounting and finance, each organization operates under its own set of principles, and out-of-the-box solutions lack the customization necessary to provide the quickest, most accessible reporting possible. FYIsoft leverages the ability to customize and distribute a variety of financial reports based on organizational needs. The software is easily tailored to specific needs and requirements. Costly implementation and support Financial software is known to be costly to implement. Additionally, it has historically placed a large demand on an organization’s IT support staff. Software users are at the mercy of their IT department, leading to time waste and frustration. Fortunately, many financial reporting software companies, like FYIsoft, are moving to cloud deployment. Cloud deployment increases productivity and lowers IT costs. The annual subscription accurately projects budgeting costs by including support, maintenance, and upgrade costs, and the software does not require upfront license purchases or IT infrastructure. Intuitive user interface Ease of use is a necessity when [...]

By |2019-02-13T14:23:39-04:00June 20th, 2017|FYIsoft|Comments Off on Financial Reporting Software Products – Why All Are Not Created Equal

Lost in Complex Financial Data? Follow Your Trusted Leader in Superior Reporting Solutions

In today’s ultra-competitive business world, it takes every conceivable advantage to survive and thrive among your industry peers. Be it insurance companies, healthcare facilities, or even your everyday megacorp, a sound financial reporting system remains a key element to any successful enterprise. However, many organizations are increasingly burdened by such a tedious, yet critical, process. The laborious data crunching of yesteryear sometimes results in little more than shoddy, undependable results. Hence, today’s shrewd business leaders are seeking out a more streamlined approach to financial reporting. After all, a swift, simplified reporting process can preserve precious time and resources for focusing on business growth and development. With such innovative reporting solutions, heavy volumes of data can be compiled and analyzed with unrivalled efficiency, thereby enhancing your company’s productivity levels. Even better? A comprehensive financial reporting system delivers a more accurate picture of your company’s economic standing, helping you to strategize your business accordingly. If quality finance reporting is your missing ingredient, perhaps FYIsoft can add the spice. The Proof is in the Data FYIsoft has emerged as an industry innovator with the very finest offerings in finance reporting software. Backed by world-class engineering and seasoned expertise, FYIsoft solutions provide robust, scalable reporting platforms that rank a cut above the rest. Diverse IT environments. FYIsoft offers solutions that are deployed as both virtual platforms and on-premises infrastructure. User-friendly layout. Intricately-arranged rows, columns, and organizational trees display financial summaries while centralized templates deliver detailed breakdowns of data. Conversion functionality. CurrencyFYI solution converts multiple company balances into one currency type, a true rarity among competitive solutions. Extensive drill-down feature. Reporting solutions allows users to delve deep into detailed financial data. Scalable structure. Software sports a flexible architecture to accommodate ever-changing business demands. Report consolidation. Solutions can compile data from various companies and consolidate it [...]

By |2019-02-13T14:22:33-04:00June 8th, 2017|FYIsoft|Comments Off on Lost in Complex Financial Data? Follow Your Trusted Leader in Superior Reporting Solutions