FYIsoft Review
What is FYIsoft?
FYIsoft is a financial reporting software that meets a small to medium company’s high volume reporting needs. It supports multi-entity reporting, a feature that is beneficial to organizations with multiple reporting units. Distributing these reports is an easy process as well since a single click is all that is required for the data to reach the intended recipients.
Drilled-down details of financial reports are easily accessible for you and your team too. That is because FYIsoft’s financial reporting capability works around the clock. All they have to do is click on a line item to see a comprehensive description. With this, your finance team can save plenty of hours from answering individual questions.
Overall, you can rely on FYIsoft to help you organize your accounts. Thus, you can maintain your organization’s financial health.
Show MoreOverview of FYIsoft Benefits
Multi-Entity Reporting
For organizations with multiple reporting units, FYIsoft’s multi-entity reporting feature can help. This consolidates disparate and distributed data into a standardized format. What’s more, the solution offers the capability to report at any level—from the unit to the company.
One-Click Information Dissemination
Distributing reports to the necessary individuals does not have to be a challenge anymore with FYIsoft. That is because the software only requires a single click to distribute reports to different individuals. Even those outside of the organization can be included in the group distributions. Additionally, you can schedule report distributions in advance so that you can get the right data to the right people at the most opportune times.
Drill-Down Reports
Though FYIsoft can give you comprehensive overviews, it is still capable of providing you with in-depth descriptions. You can see this when you access line items, where you can find answers to the most exacting questions. This is possible for scanned invoices, too. On top of that, you can generate and access reports any time from any device, thus allowing your finance team to conduct independent financial analysis. Plus, the solution protects the financial statements from alterations to preserve their integrity.
Automatic Report Formatting
FYIsoft connects to your general ledger directly to produce perfectly formatted reports. This way, you can meet the standards set by executive boards, auditors, and other bodies out of the box. Since no manual editing is necessary, you can save time and focus your efforts into other critical tasks.
Show MoreOverview of FYIsoft Features
- Multi-entity Reporting
- Automated Report Distribution
- Formatted Financial Statements
- Currency Translation
- Auditing
- Rolling Forecasts
- Report Library
- Multi-language Reports
- Side-by-side Balance Sheets
- GL Integration
- Account Collections
- Custom Security Settings
What Problems Will FYIsoft Solve?
Problem #1: Accurate Financial Reports
CFOs can be confident when presenting financial reports to the board because FYIsoft helps them create accurate and error-free documents. This is possible because the software can connect with the general ledger for automatic data pull, thus reducing mistakes.
Problem #2: Drill-Down Independent Analyses
Authorized users in the company can access financial reports and view line items’ descriptions. This feature allows them to conduct independent analyses to answer their questions. This also reduces the stress on the finance team because they no longer have to take calls about financial statements. Additionally, they can secure the web-based reports against unauthorized modifications to preserve their integrity.
Problem #3: Multi-Entity Reporting
When a company is ready to expand, the financial and accounting teams are in charge of preparing financial statements of newly acquired companies, new divisions or account codes, and modifications in reporting structures and management hierarchies. With FYIsoft, dealing with these reports is less arduous because of the solution’s multi-entity reporting capability. This lets the finance and accounting teams adapt to changes easily while ensuring the accuracy of the numbers.
Awards & Quality Certificates
FYIsoft Position In Our Categories
Because businesses have distinctive business-related requirements, it is only prudent that they abstain from deciding on an all-in-one, “perfect” solution. Having said that, it would be almost impossible to pinpoint such an app even among widely used software solutions. The better thing to undertake can be to list the numerous chief functions which demand research including important features, packages, technical skill aptitude of staff, company size, etc. After which, you should double down on your research fully. Have a look at these FYIsoft reviews and check out each of the software products in your shortlist in detail. Such detailed research makes sure you avoid unsuitable software solutions and pay for the one that provides all the function your company requires to realize efficiency.
Position of FYIsoft in our main categories:
Every organization has different requirements and needs an application that can be personalized for their size, type of workers and customers, and the specific industry they are in. For these reasons, no system can offer perfect functionality out-of-the-box. When you try to find a software app, first be sure what you require it for. Read some FYIsoft Financial Reporting Software reviews and ask yourself do you desire basic functionality or do you require sophisticated functionality? Are there any industry-specific features that you are seeking? Find the answers to these queries to help your search. There are plenty of elements that you need to reflect on and these include your finances, particular business needs, your company size, integration needs etc. Take your time, try out a few free trials, and finally select the system that offers all that you need to enhance your company efficiency and productivity.
How Much Does FYIsoft Cost?
FYIsoft Pricing Plans:
Free Trial
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What are FYIsoft pricing details?
FYIsoft Pricing Plans:
Free Trial
FYIsoft
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FYIsoft is a financial reporting software that accelerates your report generation processes. If you are interested in transforming your workflow with this product, you can request custom enterprise pricing by phone or by email.
User Satisfaction
Positive Social Media Mentions
0
Negative Social Media Mentions
0
We realize that when you make a decision to buy a Financial Reporting Software it’s crucial not only to learn how professionals score it in their reviews, but also to find out whether the real people and enterprises that bought it are genuinely satisfied with the service. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and FYIsoft reviews across a vast range of social media sites. The information is then featured in an easy to digest form indicating how many users had positive and negative experience with FYIsoft. With that information at hand you should be prepared to make an informed buying decision that you won’t regret.
Technical details
Devices Supported
- Windows
- Linux
- Android
- iPhone/iPad
- Mac
- Web-based
Deployment
- Cloud Hosted
Language Support
- English
Pricing Model
- Quote-based
Customer Types
- Large Enterprises
- Medium Business
What Support Does This Vendor Offer?
- phone
- live support
- training
- tickets
What integrations are available for FYIsoft?
FYIsoft’s list of integrated solutions continues to grow. Currently, it supports the following:
- Acumatica
- Apprise
- Chempax
- Dexter+Chaney
- Elite (Thomas Reuters)
- Ellucian
- Epicor
- Flexi
- Infor
- IFS
- Jack Henry Banking
- Macola
- Microsoft Dynamics
- NetSuite
- Plex
- Restaurant365
- Sage
- Stone River
- Sungard
- VerticaLive
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