With Version 3, FastClose transitions from being a pure reporting solution to the broader realm of real-time Corporate Performance Management (CPM), continuing to innovate and adapt to meet the evolving needs of its growing customer base.
Weak reporting tools often lead businesses to consider duplicating data to other platforms or writing their own SQL queries.
However, these approaches come with integration complexities, data integrity and security risks, additional costs, and require technical expertise.
Using the FastClose Excel Addin, plan budgets, leveraging historical data and then upload to benchmark performance.
Providing access to key organizational information is not risk free.
FastClose utilizes an integrated security framework that not only protects sensitive information but also empowers businesses to maintain control over key reports, graphics, and KPIs.
FastClose embraces Excel as an indispensable tool for management teams, serving as a powerful platform for data analysis, financial planning, and other reporting tasks.
Overcome the limitations of cloud-based ERP interfaces and complex querying syntax whilst eliminating the need for additional data platforms.
FastClose delivered “On-Prem” or SaaS.
Crucial for financial accuracy, yet ERP systems often fall short in this area. Many businesses face challenges with reconciling control accounts and stock balances.
With dedicated dashboarding reports, such as Goods Received Not Invoiced (GRNI) and stock reconciliation, swiftly identify reconciliation discrepancies
Producing consolidated group accounts that include foreign currency subsidiaries with translation of assets and liabilities and P&L accounts at different exchange rates – can be quite complex…
FastClose integrates beautifully with Power BI, serving as a streamlined data source, leveraging our expertise in hiding the complexity of ERP data structures.
It simplifies the data access and shaping process in Power BI, saving up to 70% of development effort.
FastClose spans the full spectrum of Epicor, SAP Business One and Nextworld Reporting and Financial Reporting functionality.
for Report Power Users
Build reports with drill to detail or other related reports. Control and publish to end users. Lock down data in any dimension of your ERP, securing data by such facets as company, cost centre, account code and warehouse.
Reporting live in Excel
Consume FastClose reports directly in Excel. Change dimension filters and run reports live. Combine multiple reports in workbooks.
FastClose gives you the best of both worlds: controlled reports that deliver accurate numbers live in Excel for further analysis.
Live numbers anytime
On the desktop, or on the Web, live published reports allow managers and executives to see in real time how the numbers are changing.
Drill down to transaction detail to spot problems early in the month or navigate to related reports that provide a different perspective.
KPIs and visualisations
Dramatically accelerate the delivery of Power BI dashboards and analytics
with FastClose then automate the flow of data.
Let FastClose make finding that KPI or creating that dataset easy, then push
it to Power BI and your users.
Product Features
Discover the range of different power and value add elements available to the report desginer.
The FastClose reporting tool connects to both Epicor On-Prem (9, 10 and Kinetic) and Epicor in the Cloud in real time. What you see, is what you just posted, up to the moment Epicor reporting. With regard to Epicor Public Cloud, we believe this is something that no other third-party Epicor reporting tool can do, at the time of writing.
Further, FastClose also now supports the vintage Epicor Enterprise 7 platform for the GL, making it possible to do Epicor Enterprise Reporting.
Epicor delivers first class ERP software, and particularly for Manufacturers, is the ERP of choice. Boasting an immensely powerful chart of accounts, with over 20 segments, many of which can be posted to automatically with no manual intervention, it’s financials are impressive. It is multi-company, multi-currency, and can support books with monthly, weekly, and even yearly accounting periods, all at the same time.
FastClose was designed from the ground up to be really easy to use and to get you going as fast as possible. It ships with pre-built templates and solutions for P&L’s, Balance Sheets and Customer Margin reporting and a host of other Epicor reports, as well as cross company and cross instance, multi-currency consolidation – making consolidated group reporting a breeze. Given FastClose can be installed and running in as little as 40 minutes on a free trial, why wait?
In addition to its excellent GL, Epicor provides Accounts Payable (AP) and Accounts Receivable (AR) subledgers that feed it seamlessly. And in turn to feed AR and AP, also provides ledgers for Sales Order Processing “SOP” (your order book) and Purchase Order Processing “POP” (your purchasing commitments).
As you would expect, FastClose can report over all of these in an ad-hoc “hands on” way enabling your Finance team to surf fluidly from one to the other, following the impact of orders to invoices and through to the GL or in the other direction, discovering the source of a transaction. This fluidity saves Accounts teams countless hours, investigating discrepancies, allowing them to close the books fast. Time is money and you can find out how much you could save, using our ROI calculator, here.
But as the manufacturers choice, Epicor is much more than just Financials. It delivers best in class data processing for manufacturing activities and the inventory and warehouse management that support it.
Operations teams are increasingly leveraging FastClose capabilities in this area to understand their Stock position, for example which items are slow moving, which supplies are soon to be exhausted, or reviewing their position “As Of” a point of time in the recent past.
And on the manufacturing side, clients are using FastClose Bill of Materials (BoM) reporting over Epicor Bill of Materials as an input to cost projection models in Excel (using the FastClose Excel addin) enabling them to understand how the cost of manufacturing is changing as the price of particular raw materials rises.
Moving into the area of manufacturing jobs it is possible to see why a job has not been issued with a part as you can drill directly to the stock tables to check on availability, and if none then through to purchasing to see if it is on order. All these reports can be run live in Excel to produce a real-time stock available by part spreadsheet.
Elsewhere you can also check in on Fixed Asset management and depreciation, banking, long lead time container shipments, goods shipped or received not invoiced and much more.
Check out the modules below for more on how FastClose can help you across different areas of Epicor.
In summary then, FastClose supercharges the power of Epicor, moving far beyond Epicor reporting tools such as Crystal Reports, Financial Report Designer and BAQ’s, providing a tool simple enough for non-technical users that changes their world, delivering the breadth of Epicor reports they require.
Click Module to learn more…
Trial Balances, P&Ls, Balance Sheets, and Rolling Month reporting with drill down to journals and transactions.
What exactly are those periodic postings?
Multi-company and multi-currency consolidation for total Group reporting
Invoices with detail, Aged Debt, Statements. Impact of AR on GL.
Drill to GL and Sales Order Processing.
Customer Lists with Days Invoice Outstanding.
Invoices with detail, Cash Transactions, Aged Debt and “As of” Aged Debt. Impact of AP to GL.
AP Team productivity by day, Vendor Lists, Vendor Summary and Exposure.
Sales Orders with Detail and drill to AR and Shipments. Sales Order Releases. Booked Orders.
Analysis of Returns and Defects.
Quotes with Win / Loss Ratio.
Shipments.
Sales Orders not invoiced with shipping state.
Purchase Orders with matching of Receipts to Releases
Goods Received Not Invoiced Troubleshooter (inc Drop Shipments) – really nail those GRNI discrepancies – with ease.
Container Shipments
Stock transaction analysis.
Inventory “As Of” a moment in time.
Current warehouse inventory valuation and stock levels.
Part availability, weekly production and stock movement reporting.
Jobs, Operations and Materials.
Job Operation with duration.
Part revisions, Bill Of Materials and associated Part Costs.
Project Phases, Tasks, Costs and Margins.
Fixed Asset Registry with History.
Monthly and Annual depreciation transactions and schedule with remaining book value and impact to GL.
Cash Books, Bank Balances and transactions.
Checks paid with detail.
Drop Shipments with status and drill to AR and SOP or AP and POP.
Demand Contracts with detail, status and shipment status.
Pull data and lay it out as you wish, style to get the right look and feel. Create new insight through the use of calculations, hierarchies and other power features.
Find out more about the power reporting features in Designer.
Excel is an essential tool for the management team. With the FastClose Excel add-in, they can work with any number of pre-built FastClose reports, changing filters in real-time delivering up to the minute data that can be used to build “What-If” models, or other reports, on the data retrieved. Find out more.
With Read & Drill, reporting users can consume selected reports whilst amending filters such as Month or Department to get the view they need. With drill down to detail or across to related subledgers. Find out more.
FastClose takes the pain out of delivering PowerBI dashboards and other content. Leveraging it’s skill at extracting, enriching and delivering data – FastClose can also be integrated as a datasource to PowerBI with ease.
Find out more about how FastClose takes the pain out of Power BI delivery.
With installation and configuration possible in as little as 40 minutes, contact us and we will connect you with one of our implementation partners (if one exists for your area), or get you up and running ourselves.
FastClose can be installed and connected to your Epicor instances, complete with out of the box content in around 40 minutes.
Creating your own reports starting with our templates or samples is straight forward with FastClose Designer, empowering your accounting teams from the start. Alternatively if time is short, your Epicor implementation partner can build out and deploy new reporting content for you rapidly, to your requirements.
Epicenter ERP
Web: www.epicentererp.com
We are a master systems integrator with an unparalleled reputation for our work in Epicor ERP, and other world class solutions designed in aiding customers to maximize their investment in software, while helping them understand the information at hand to make the most beneficial decisions.
TheOnlyWay2Go Consulting
Hands-on IT Project Management and Business Analysis, expert in the software life cycle: project management, business requirements analysis, data analysis and migration, testing, training, change management, go-live, and customer service.
Aspera Solutions
Email: info@asperasolutions.com
Web: www.asperasolutions.com
For over 20 years, Aspera Solutions has delivered world class ERP solutions that drive profitability, control and collaboration.
With over 100 customers ranging from single site SME’s to global, multi-site corporations, we balance innovation with pragmatism. Delivering both out-of-the-box and customised ERP solutions that deliver results beyond expectation.
With customer and employee relationships that have lasted decades, we are passionate about delivering excellence in Epicor and Aptean Ross ERP. And, according to our customers, we “make a positive impact every time we step in the door.”
Clear Business Outcome Ltd
A focus on business process review and optimisation is central to our methodology at Clear Business Outcome. Led by consultants who understand the software and your industry, we can ensure that your Epicor project is configured to deliver the maximum return on investment.
Epicor ERP Software is the engine driving over 20,000 customers in over 150 countries so whether you operate on a local, regional, or global scale Epicor has the power to improve every aspect of the way you manage and operate your organisation.
With a proven methodology, Epaccsys work collaboratively to provide exceptional ERP, financial and business management solutions to drive the growth, efficiency and profitability of their customers. With a strong focus in the distribution, manufacturing and public sectors Epicor ERP suite is the solution of choice for any organisation, in need of exceptional financial management.
Epaccsys
Email: solutions@epaccsys.com
Web: www.epaccsys.com
Established for over 20 years Epaccsys, trusted Epicor Gold Partner, has been providing small and midsized organisations, throughout the UK with ERP and business management software, services and support to help them do business better.
Epicor ERP Software is the engine driving over 20,000 customers in over 150 countries so whether you operate on a local, regional, or global scale Epicor has the power to improve every aspect of the way you manage and operate your organisation.
With a proven methodology, Epaccsys work collaboratively to provide exceptional ERP, financial and business management solutions to drive the growth, efficiency and profitability of their customers. With a strong focus in the distribution, manufacturing and public sectors Epicor ERP suite is the solution of choice for any organisation, in need of exceptional financial management.
GHA Solutions
The GHA team are Epicor specialists, with 40 years of experience; their solutions are trusted by customers across the country. As an official Epicor partner, they help enhance their customers’ businesses, beginning with methodology right through to implementation. Consultancy and project recovery solutions are also available.
Epicor ERP Software is the engine driving over 20,000 customers in over 150 countries so whether you operate on a local, regional, or global scale Epicor has the power to improve every aspect of the way you manage and operate your organisation.
With a proven methodology, Epaccsys work collaboratively to provide exceptional ERP, financial and business management solutions to drive the growth, efficiency and profitability of their customers. With a strong focus in the distribution, manufacturing and public sectors Epicor ERP suite is the solution of choice for any organisation, in need of exceptional financial management.
Platinum Services Europe
E-mail: info@pse.be
Web: www.pse.be
Platinum Services Europe has been implementing intelligent solutions and deliver consulting in ERP since 1996 throughout Europe, being one of the first international value added resellers of Epicor Software.
We are pioneers and with us you can rely on having 1st class expertise for Epicor Solutions from day one. Our expertise includes: International Financial Accounting, Manufacturing & Distribution industries, Customer Relationship Management (CRM), Solutions for Professional Service Organizations (PSA), IT Service Management (ITSM)
SP Solutions
Web: www.spsolutions.org
SP Solutions is a software services and consulting company headquartered in Dubai, UAE. Started operations in 2017. Our team is our greatest strength because of our certified experienced team devotes all our efforts into quality consulting services and solutions that will best fit to customer needs and helps your businesses more successful and efficient.
SP Solutions has dedicated resources to the following key categories: ERP Consulting, ERP Implementation & upgrade, Power BI & Tableau (Data analysis), Project Management, Infrastructures & Managed Services and Custom Reporting.