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
Since companies have special business requirements, it is only prudent they avoid going for a one-size-fits-all, “perfect” solution. Needless to say, it would be futile to try to stumble on such a software product even among branded software products. The practical thing to undertake is to narrow down the numerous major factors which demand consideration like key features, price plans, skill aptitude of staff members, business size, etc. Next, you must double down on the research exhaustively. Browse over some FYIsoft analyses and scrutinize each of the solutions in your list more closely. Such well-rounded product investigation makes sure you weed out unsuitable software products and buy the system that meets all the features your company requires to realize efficiency.
Position of FYIsoft in our main categories:
Each business has its own characteristics, and may call for a specific Financial Reporting Software solution that will be designed for their business size, type of clients and staff and even particular niche they cater to. You should not count on getting a perfect services that is going to work for each company regardless of their history is. It may be a good idea to read a few FYIsoft Financial Reporting Software reviews first and even then you should keep in mind what the solution is intended to do for your company and your employees. Do you require an easy and intuitive service with just elementary functions? Will you really use the complex functionalities required by pros and large enterprises? Are there any specific features that are especially useful for the industry you work in? If you ask yourself these questions it is going to be much easier to get a reliable app that will fit your budget.
How Much Does FYIsoft Cost?
FYIsoft Pricing Plans:
Free Trial
FYIsoft
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What are FYIsoft pricing details?
FYIsoft Pricing Plans:
Free Trial
FYIsoft
Contact vendor
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 vital not only to find out how experts rank it in their reviews, but also to discover whether the actual users and companies that bought these solutions are genuinely satisfied with the product. That’s why we’ve designer our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and FYIsoft reviews across a vast array of social media sites. The data is then displayed in an easy to understand format revealing how many users had positive and negative experience with FYIsoft. With that information available you will be equipped to make an informed purchasing 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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