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Reporting
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Planning
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Secure
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Excel
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Cloud
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Audit
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Consolidation
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Analytics
Real-time CPM
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.
Reporting
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.
Planning & Budgeting
Using the FastClose Excel Addin, plan budgets, leveraging historical data and then upload to benchmark performance.
Secure
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.
Excel Integration
FastClose embraces Excel as an indispensable tool for management teams, serving as a powerful platform for data analysis, financial planning, and other reporting tasks.
Cloud or ”On Prem”
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.
Audit & Reconciliation
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
Group Consolidation
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…
Analytics
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 for Epicor, SAP Business One, Nextworld and Acumatica.
Reporting, Planning & Budgeting, Analytics, Audit & Reconciliation and Group Consolidation
In Excel, in your Browser, or on your Desktop
“On Prem” or in the Cloud – and secure
Corporate Performance Management (more than just FP&A) all under one roof at a price to fit your business.
Recent News
FastClose 3.1 ships with:
- Planning & Budgeting
- AI Assistant Chatbot
- Drilling Through in Excel
- Acumatica (covering GL, AP, AR, Sales and Purchasing)
- Even more content (eg: three way GRNI matching!)
Access All Areas
FastClose delivers Corporate Performance Management
spanning the full spectrum of Epicor, SAP Business
One, Nextworld and Acumatica functionality beyond simply financials.
Multi-company, multi-currency, with support for books with monthly, weekly, and even yearly accounting periods, all at the same time.
Modules include
- General Ledger
- Accounts Receivable
- Accounts Payable
SAP Business One & Epicor
- Sales Order Processing
- Purchase Order Processing
- Inventory
Space
- Projects
- Fixed Assets
- Drop Shipments
Space
- Manufacturing
- Banking
- Demand Management
Why FastClose?
Accelerate month end
Ever tried getting hold of an accountant at month end? They dont want to ignore you but they have so much to do: Reconciling control accounts, producing flash reports, explaining variances, sorting out Excel errors closing the books.
Month end is painful because that is when the visibility of the financial position becomes clear. Reliance has to be placed on fiddly excel reports to resolve issues because ERP vendors rarely provide effective, drillable, reporting tools.
FastClose puts the power back in the hands of the people that need it. With reports run against live real-time data at any time, cost centre managers can see their numbers change throughout the month and correct errors in the moment, rather than waiting to month end. Which makes for a much happier accounts team and a smoother faster close at the end of the month.
Self-service reporting
FastClose is an easy to use, fast to deploy, operational reporting and enquiry solution. FastClose enables you to quickly build powerful management reports directly against your ERP data at a fraction of the cost and complexity of a BI solution.
Built to work directly over the ERP tables FastClose comes with pre-built templates and solutions that cover the spectrum required for Corporate Performance Management. Not just financials but beyond into Inventory, manufacturing, projects and more.
Corporate Performance Management
When Gartner retired the term Corporate Performance management and replaced it with Financial Planning and Analysis, they placed a tranche of legitimate reporting targets outside of this category: Manufacturing? Inventory? Projects? FastClose are proud to be more than an FP&A company and to cover the breadth of CPM.
Corporate Performance Management (CPM) is more than just reporting against the breadth of the data in your ERP beyond your financials.
Its also about the ability to complete planning activities against that data whichever metrics they may be, financial or not.
And to support the delivery of insightful analytics too.
All on a secure and robust platform, against your data in realtime, picking up the most recent additions to your datasets, in the moment.
Support that actually Responds!
FastClose is not a large company and new customers often tell us that our competitors use our size against us. “Can you really rely on a smaller business?” they ask. “Do they have the capacity?”
Well, yes actually. The embedded Help and new AI Assistant, allow our users to solve most of their queries themselves. But when they do get stuck our support function usually responds within an hour during the working day or the next morning, with 90% of issues being resolved within 48 hours, either by e-mail or if necessary Teams call, regardless of time-zone.
Throughout our use of FastClose, the key thing I have noticed is the level of support that FastClose offers, both technically and functionally. This support has been invaluable during DSE’s growth over the last five years as our demands on FastClose have increased.
FastClose support service is so personable with timely help always at hand. The team always listen to customer feedback and constantly add new innovative features that make a real difference to reporting.
I find that by giving a small company a chance, you get far better service than from the established players in the market.
Thanks FastClose! You guys are awesome, always very helpful and supportive on any issues.
We are delighted to have found FastClose. They were tremendously helpful during our free trial, allowing us to experience their functionality firsthand. They also provided invaluable training, enabling us to be self-sufficient.
I recently had a SAP issue which had it not been resolved would have cost a lot of time and money. Fastclose were super-efficient in setting up a solution that hid the issue without corrupting the numbers, getting me back up and running in a short space of time. Thanks guys!
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We think the more appropriate question would be “Why does it take our competitors weeks to do the same?”
In Summary
There are a lot of reasons to like FastClose. Check out the video opposite, released in celebration of the arrival of our AI assistant for a summary.
Appropriately, both the words and the music were created by AIs. Careful… it’s an earworm!
Product
Designer
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.
Read & navigate
see live numbers anytime
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
Excel add-in
FastClose 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.
Analytics
KPI or visualise quantities
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
ROI
What our customers say about us
With FastClose Epicor reporting tools, we tackle reports we would never have considered possible with our previous toolset!
Since implementing Fastclose over 3 years ago, we have revolutionised our Finance Reporting. We now have a full suite of reports with accurate up to date reporting at the push of a button. Fastclose has been key to reducing monthly and quarterly close timelines. It is such a user-friendly tool making it easy to build robust, powerful, and flexible reports that can be adapted to changes in our chart of accounts and business model. The support service so personable with timely help always at hand. The team always listen to customer feedback and constantly add new innovative features that make a real difference to reporting. As regards value for money, the cost is very small relative to the significant returns.”
The GRNI information on Fastclose is proving vey useful. It’s now a 2 minute job to get an aged GRNI listing that can be easily interrogated, queried and reconciled to the GL. The report on Epicor was very cumbersome to say the least so this is a vast improvement.
Fastclose makes SAP reporting so much easier. I recently had a SAP issue which had it not been resolved would have cost a lot of time and money. Fastclose were super-efficient in setting up a solution that hid the issue without corrupting the numbers, getting me back up and running in a short space of time. Thanks guys!
We use FastClose in so many different areas of SAP B1 reporting that it's hard to quantify all the savings that we make. We know we save at least £10k per annum in accounting time on our corporate monthly management pack alone but that is just one area of use. We also use it in Cashflow, AR, inventory etc... The FastClose SAP B1 reporting tool has paid for itself many times over.
I identified a discrepancy in our AP control account within the general ledger, stemming from disparities in the AP aging. I resolved this by generating a Fast Close report, which allowed me to pinpoint all GL postings related to this account and the corresponding vendors, swiftly resolving the issue.
FastClose significantly streamlines our statutory and management consolidation processes across 10 companies and four currencies. Its real-time integration with the Epicor database assures the accuracy and dependability of our results.
We use FastClose extensively to run live FastClose reports in Excel, which can then be used to produce the management pack at month end.
For nearly a year, we’ve been utilizing FastClose in conjunction with Epicor’s public cloud, and it has proven to be indispensable for our reporting and inquiry requirements. The real-time connectivity with Epicor’s public cloud is crucial, instilling confidence in the accuracy and reliability of our data.
FastClose offers an impressive array of pre-canned templates across most Epicor modules, simplifying the data selection process for Power BI integration. This eliminated the need for IT department involvement as FastClose handles complex table joins.
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FastClose clients
