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FYIsoft REVIEW

Financial Reporting Software

No user reviews
USER SATISFACTION N/A
OUR SCORE 8.0

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.

Overview 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.

Overview 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

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FYIsoft Position In Our Categories

FYIsoft is also listed in the following subcategories:

Category:Position:Category:Position:
Financial Reporting Software#40
Category:Position:
Financial Reporting Software#40

There are popular and widely used solutions in each software category. But are they necessarily the best fit for your enterprise’s special requirements? A trendy software application may have thousands of users, but does it present what you require? For this reason, do not blindly invest in popular systems. Read at least a few FYIsoft Financial Reporting Software reviews and think about the elements that you want in the software such as the fees, main features, available integrations etc. Then, select a few systems that fit your needs. Try out the free trials of these products, read online opinions, get information from the maker, and do your research systematically. This profound homework is sure to aid you select the finest software solution for your firm’s special wants.

How Much Does FYIsoft Cost?

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

We realize that when you make a decision to buy Financial Reporting Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and FYIsoft reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with FYIsoft. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

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Technical details

Devices Supported
  • Windows
  • Linux
  • Android
  • iPhone/iPad
  • Mac
  • Web-based
Language Support
  • English
Pricing Model
  • Quote-based
Customer Types
  • Large Enterprises
  • Medium Business
Deployment
  • Cloud Hosted

What Support Does This Vendor Offer?

  • EMAIL
  • PHONE
  • LIVE SUPPORT
  • TRAINING
  • TICKETS

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.

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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