At last a reporting solution that puts you in control
It is multi-company, multi-currency, and can support books with monthly, weekly, and even yearly accounting periods, all at the same time.
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.
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
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.
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
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 is a Windows based product that 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.
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 controlled by selecting key dimensions such as Company, Account, Period, Year, Ledger Type, Customer, Vendor or any other in your ERP system.
We call this “Accounting Intelligence” it has the ease of use of an iPhone, the flexibility of a spreadsheet but the control of a BI solution.
Getting flexible, real time, multi dimensional operational reporting with drill to the detailed transactions from your ERP system might seem an easy task but it isnt. ERP vendors develop software focussed on operational transaction processing but this strength can make it hard to offer the reporting and analysis you need.
The native tools can feel as though they were provided as something of an afterthought.
To solve this, companies commonly implement Business Intelligence (BI) solutions or rely heavily on spreadsheets for their operational reporting.
BI tools give the audit control that enables centrally managed reporting but can be complex and costly to develop and deploy.
Spreadsheets whilst highly flexible and offering great pivot table functionality are rarely documented. And when the author leaves, many businesses cross their fingers and carry on using them in the hope that the numbers will continue to be correct. Often with stale or manipulated data, these so called Shadow Data Systems can lead to problems.
All of this can be avoided with live data delivered through FastClose.