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.
As a powerful ERP, SAP Business One offers up to 10 segments to describe your business transactions out of the box; these are the dimensions that you measure your business by, including items such as Company, Division, Business Unit, Region, and Account code. Additionally, should you want to do margin (or other operational) reporting out of the GL, it is possible to further categorise your data to report by Product, Customer, Vendor, and Employee.
To take advantage of these dimensions and get the business insight you need, requires a multidimensional reporting and enquiry tool such as FastClose, which runs in real-time right out of the SAP Business One database.
FastClose’s guiding principle is to make life really easy for the end user, empowering them to create their own reports, unburdening the IT team of reporting tasks and getting the business as a whole, up and reporting as fast as possible. To this end, it ships with pre-built templates and solutions for P&L’s, Balance Sheets as well as more specific problems such as Customer or Product Margin reporting, out of the box, which a user can then adapt in minutes to their own needs.
Given FastClose can be installed and running in as little as 40 minutes on a free trial, why wait to bring your data to life?
But the pre-built content doesn’t stop there with templates for Inventory, Sales Analysis, AP & AR Invoicing and Purchase & Sales orders. This, combined with cross company, multi-currency consolidation – makes consolidated group reporting easier that you would believe.
Now, because SAP Business One actually stores each company in a separate database instance, for most SAP Business One reporting tools this would make consolidated group reporting across entities a real challenge. But not for FastClose, which connects to all instances simultaneously, making it possible to combine and consolidate data from many companies into a report in real time with absolute ease. With our Excel Addin, these can be also be consumed live in Excel. This even includes drillable aged debt and statement reporting in AR and AP, both live and “as-of” going far beyond the static pdf SAP Business One reports supplied natively.
Nor is FastClose limited to simple navigations such as drilling from a consolidated P&L number to see the detailed GL transactions beneath. It can go much further using something we call “drill anywhere” which makes it possible to surf the live numbers from subsystem to subsystem.
For example, to drill from a detailed GL journal, to the AR invoice that caused it and then on to the original sales order – interactively, in moments. Both operational and management teams need to get to this data and the month end gets slowed down greatly if they don’t have a tool like FastClose.
FastClose ships with a broad array of templates spanning the full spectrum of SAP Business One Reporting and Financial Reporting functionality across GL, AR, AP, Sales and Purchase Order processing and Inventory out of the box.
Many SAP Business One customers never make use of this amazing data asset because they lack the SAP B1 reporting tools, such as FastClose, to harness it.
FastClose are delighted to be a part of the SAP® PartnerEdge® Open Ecosystem: Build program.
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 SAP Business One instances, complete with out-of-the-box content in around 40 minutes.
Users immediately benefit from out-of-the-box content in the "Read & Drill" and Excel Addin products.
There will inevitably be reporting needs that are specific to the way you do business. Whilst creating your own FastClose reports isn't hard, we recognise that smaller teams often don't have the time to spend on a new tool.
With "FastCose Designer" your SAP implementation partner can build out and deploy new reporting content to your requirements rapidly. And if your team subsequently have a bit more time they too can discover the flexibility and power of "FastClose Designer" for themselves.
Ochiba
For over a decade Ochiba Business Solutions have been creating innovative, industry-specific solutions for our customers with the world’s leading ERP solution, SAP Business One. SAP Business One is affordable, intuitive, adaptable and easy-to-use business management software, designed specifically for small and medium-sized businesses. It enables you to manage all your business functions with a single integrated system.
Our Ochiba OPTIONS range of modules enhances SAP Business One to address the unique requirements of the industries we serve.
As a leading UK SAP Gold Partner, we have the knowledge, expertise and solutions to maximise your investment in SAP Business One.