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BeyondSquare FinAlyzer Review

BeyondSquare FinAlyzer
Our score: 8.0 User satisfaction: 100%

What is BeyondSquare FinAlyzer?

FinAlyzer® is a unified digital platform for financial consolidation, financial analytics, statutory financial reporting, management reporting and segment wise profitability reporting. FinAlyzer acts as a catalyst for CFO and CXO reporting in multi-entity organizations, covering integrated group reporting & segment-wise profitability reporting.

FinAlyzer effortlessly converts financial data to actionable insights with decision analytics, rich dashboards, KPI’s, insights and benchmarks. It’s fully configurable from an intuitive and easy to use visual interface.

With out-of-the box reporting and dashboarding models for IFRS, USGAAP, IndAS, SEBI, RBI, IRDAI and management reporting, rolling out FinAlyzer is fast and easy.

FinAlyzer is an all-in-one corporate performance management platform that brings together your financial and operational data seamlessly and frees time from report preparation and helps team in focusing their time on analysis and better decision making.

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Overview of BeyondSquare FinAlyzer Benefits

Seamless Financial Consolidation

BeyondSquare FinAlyzer is created to help finance and accounting offices and professionals seamlessly perform financial consolidation. Reducing the financial consolidation cycle, the solution makes sure that users can focus more on generating valuable financial insights than doing time-consuming data preparation tasks. 

The financial reporting solution allows users to monitor their financial consolidation process. With this, they will be able to find out which stage of the close and consolidation process they are currently in, permitting them to verify the activities that are already done and those yet to be completed. 

BeyondSquare FinAlyzer’s financial consolidation features also include the ability to easily and flexibly conduct inter-company eliminations and reconciliations across different currencies. Users can also pull in data from multiple ERP systems and come up with a unified chart of accounts where all entities are mapped to. 

Profitability and Performance Management Reporting

Automation and modernization of one’s management reporting process is another benefit offered by BeyondSquare FinAlyzer. The financial reporting solution is equipped with interactive dashboards and web reports that make it easy for users to monitor and analyze corporate profitability and performance.

It is built with a flexible cost allocation engine that allows them to configure complex models and scenarios as well as create rules so that costs are allocated automatically and they can determine whether or not specific products or services are profitable. 

Improve Compliance and Reduce Risk

Users can also innovate their statutory financial reporting process to ensure compliance with different financial reporting standards and requirements which include USGAAP, INGAAP, INDAS, and IFRS. BeyondSquare FinAlyzer lets them generate error-free and print-ready financial statements in formats that are required by auditors. 

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Overview of BeyondSquare FinAlyzer Features

  • Financial Consolidation Workflow
  • Alternate Reporting Hierarchies
  • Inter-Company Eliminations & Reconciliations
  • Different Accounting Periods
  • Unified Chart of Accounts
  • Statutory Financial Reporting
  • Print-Ready Financial Statements
  • Profitability & Performance Management

Awards & Quality Certificates

An award given to products that have recently entered the market but are already becoming very popular
This certificate is granted to products that offer especially good user experience. We evaluate how easy it is to start using the product and how well-designed its interface and features are to facilitate the work process.

BeyondSquare FinAlyzer Position In Our Categories

Because companies have distinct business-related demands, it is only reasonable they abstain from choosing a one-size-fits-all, “perfect” business program. Still, it is futile to find such application even among widely used software products. The right step to do would be to spell out the numerous important aspects that call for a scrutiny including crucial features, plans, technical skill levels of staff members, business size, etc. Then, you should follow through your product research through and through. Read some BeyondSquare FinAlyzer analyses and check out the other software solutions in your list more closely. Such detailed research ensure you circumvent ill-fitting applications and buy the one that has all the benefits your company requires to realize efficiency.

Position of BeyondSquare FinAlyzer in our main categories:

TOP 500

BeyondSquare FinAlyzer is one of the top 500 Collaboration Software products

Companies have different wants and requirements and no software platform can be ideal in such a condition. It is futile to try to find a perfect off-the-shelf software product that fulfills all your business requirements. The wise thing to do would be to modify the application for your specific wants, employee skill levels, finances, and other factors. For these reasons, do not hasten and subscribe to well-publicized trendy solutions. Though these may be widely used, they may not be the perfect fit for your specific needs. Do your homework, check out each short-listed system in detail, read a few BeyondSquare FinAlyzer Financial Reporting Software reviews, call the seller for explanations, and finally choose the app that provides what you want.

How Much Does BeyondSquare FinAlyzer Cost?

BeyondSquare FinAlyzer Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

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What are BeyondSquare FinAlyzer pricing details?

BeyondSquare FinAlyzer Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

Enterprise pricing information for BeyondSquare FinAlyzer is only available on request. Contact the vendor via email or phone to get a quote.

User Satisfaction

Positive Social Media Mentions 30
Negative Social Media Mentions 0

We know that when you make a decision to purchase a Financial Reporting Software it’s vital not only to learn how professionals rank it in their reviews, but also to discover whether the real clients and businesses that purchased these solutions are indeed happy with the service. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and BeyondSquare FinAlyzer reviews across a broad array of social media sites. The data is then displayed in a simple to digest form showing how many people had positive and negative experience with BeyondSquare FinAlyzer. With that information at your disposal you should be ready to make an informed buying choice that you won’t regret.

Video

Screenshots

Technical details

Devices Supported

  • Windows
  • Linux
  • Android
  • iPhone/iPad
  • Mac
  • Web-based

Deployment

  • Cloud Hosted
  • On Premise
  • Open API

Language Support

  • English
  • Dutch

Pricing Model

  • Quote-based

Customer Types

  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

What integrations are available for BeyondSquare FinAlyzer?

BeyondSquare FinAlyzer integrates with your existing ERP systems and the following tools:

  • QuickBooks
  • Xero
  • QuickBooks Online
  • MS Excel

BeyondSquare FinAlyzer User Reviews

BeyondSquare FinAlyzer average rating:

Average score
4.7/5 (4 user reviews)
4/5

Overall impression

5/5

Customer Support

4/5

Value for Money

5/5

Ease of Use

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The most favorable review

Jayanth Vellal

PROS: Visually appealing interactive dashboards Capability to report under multiple taxonomies ( MIS, IndAS, USGAAP etc..) Consolidation of financial statements, passing elimination entries within this tool Segmental reporting Seamless interface with accounting tools like Tally and Quick books Operational and custom reporting facility Good fit for SME and large finance functions

CONS: Can have a more easier set up procedure for the SME segment leading to unassisted (or minimally assisted) implementation process. This can be a game changer for FinAlyzer in this sector.

Reviewed 3 years ago

Read full review >

The least favorable review

Vijeth CM

PROS: The product can be used for multiple GAAP taxonomy which makes it very useful. Further, fx conversion feature and adjustment JVs in the system which can be traced back is a boon for audit purposes.

CONS: Needed higher integration possibilities with accounting systems to reduce manual upload of TBs.

Reviewed 3 years ago

Read full review >

More reviews from 4 actual users:

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  • Latest
  • Most useful
  • Most positive
  • Most negative

All Reporting under one Roof

Read full review >
Anonymous Reviewer
4/5

Overall impression

4/5

Customer Support

4/5

Value for Money

4/5

Ease of Use

Published on: 23.08.2022 Company Size: 1-10 Employees Industry: Financial Services

PROS: Best part is, it can be customized and can be made suitable according to the users. It requires lesser amount of training as its user friendly tool.

CONS: As such there are no problems, But gradually when it is handled by different users of different companies it can be made more effective and go live time can be reduced.

What do you think about this review?

Great Poor

FinAlyzer – An effective reporting automation tool

Read full review >
Jayanth Vellal
5/5

Overall impression

5/5

Customer Support

5/5

Value for Money

4/5

Ease of Use

Published on: 24.06.2022 Company Size: N/A Industry: N/A

PROS: Visually appealing interactive dashboards Capability to report under multiple taxonomies ( MIS, IndAS, USGAAP etc..) Consolidation of financial statements, passing elimination entries within this tool Segmental reporting Seamless interface with accounting tools like Tally and Quick books Operational and custom reporting facility Good fit for SME and large finance functions

CONS: Can have a more easier set up procedure for the SME segment leading to unassisted (or minimally assisted) implementation process. This can be a game changer for FinAlyzer in this sector.

What do you think about this review?

Great Poor
Show More User Reviews (4)

A must have for financial reporting

Read full review >
Shishir Deshpande
4/5

Overall impression

5/5

Customer Support

4/5

Value for Money

4/5

Ease of Use

Published on: 17.06.2022 Company Size: More than 100 Employees Industry: Electrical/Electronic Manufacturing

PROS: Finalyzer is a must-have for any company which struggles with MIS, consolidation and GAAP recons. It has spectacular data analytics capabilities and has an easy to use interface.

CONS: No major concerns in this department. Maybe more visualization capabilities would make it a more complete solution, but this is not a showstopper

What do you think about this review?

Great Poor

A competent product and committed team

Read full review >
Vijeth CM
4/5

Overall impression

4/5

Customer Support

4/5

Value for Money

4/5

Ease of Use

Published on: 06.06.2022 Company Size: More than 100 Employees Industry: Accounting

PROS: The product can be used for multiple GAAP taxonomy which makes it very useful. Further, fx conversion feature and adjustment JVs in the system which can be traced back is a boon for audit purposes.

CONS: Needed higher integration possibilities with accounting systems to reduce manual upload of TBs.

What do you think about this review?

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BeyondSquare FinAlyzer user reviews

All Reporting under one Roof

Read full review >
Anonymous Reviewer
4/5

Overall impression

4/5

Customer Support

4/5

Value for Money

4/5

Ease of Use

Published on: 23.08.2022 Company Size: 1-10 Employees Industry: Financial Services

FinAlyzer – An effective reporting automation tool

Read full review >
Jayanth Vellal
5/5

Overall impression

5/5

Customer Support

5/5

Value for Money

4/5

Ease of Use

Published on: 24.06.2022 Company Size: N/A Industry: N/A

A must have for financial reporting

Read full review >
Shishir Deshpande
4/5

Overall impression

5/5

Customer Support

4/5

Value for Money

4/5

Ease of Use

Published on: 17.06.2022 Company Size: More than 100 Employees Industry: Electrical/Electronic Manufacturing

A competent product and committed team

Read full review >
Vijeth CM
4/5

Overall impression

4/5

Customer Support

4/5

Value for Money

4/5

Ease of Use

Published on: 06.06.2022 Company Size: More than 100 Employees Industry: Accounting
Jenny Chang

By Jenny Chang

Jenny Chang is a senior writer specializing in SaaS and B2B software solutions. Her decision to focus on these two industries was spurred by their explosive growth in the last decade, much of it she attributes to the emergence of disruptive technologies and the quick adoption by businesses that were quick to recognize their values to their organizations. She has covered all the major developments in SaaS and B2B software solutions, from the introduction of massive ERPs to small business platforms to help startups on their way to success.

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