FastClose, a leading provider of real-time Corporate Performance Management (CPM) solutions, is thrilled to announce its partnership with Polyaire, Australia’s premier manufacturer and distributor of Air Conditioning products. Polyaire has chosen FastClose as its primary reporting and inquiry solution, marking a significant step in powering up their financial reporting capabilities after their migration from the previous Sage system to Epicor.
David Zandegu, Operational Accountant at Polyaire, shares insights into their decision-making process:
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We initially sought an easy-to-use reporting solution for our general ledger, aiming to streamline our P&L and Balance Sheet reporting processes, replacing cumbersome SQL queries. FastClose quickly emerged as the right choice, meeting all our requirements for breadth of coverage, ease of use and powerful online drillable reports.
We initially covered the obvious Financials, items like the P&L for example but moving on from that we had an immediate need in Customer Pricing and Price List management due to the operational complexity of the way we work with our outlets. FastClose did not have a solution out of the box but worked with us over a period of about a month, to create a solution both for us and anyone else using Epicor Price Lists, which being generic, they didn’t even charge us to develop.”
A year on, we use Fast-close extensively in most facets of our business:
- Finance P&L
- Gross Profit analysis
- Customer Pricing
- Supply Chain Support
- Inventory Control
- Operations Support
- Accounts Payable – GRNI control
- Exception reporting
We even use the data converted into quick reference dash boards!
Danny Graham, Customer Support Director at FastClose, elaborates on their innovative approach:
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FastClose employs a concept we call “the catalog” which identifies the relevant tables, columns and joins required which are then organized into dimensions and members. This enables our in-memory OLAP engine to efficiently process data, facilitating dynamic slicing and dicing according to the client’s requirements. Because this is extensible, we can work with customers to provide new functionality as we did with David at Polyaire to deliver the Customer Pricing piece – which then made its way back into the core product for all our Epicor clients to enjoy – but in addition undertake more bespoke work to meet a specific need that stays just with them.
David concludes, “We rely extensively now on FastClose for all of our key reporting and find it a much easier way to navigate Epicor than using the native interface. What I especially like is the way you can build your own drills from one report to another to follow the story of the money. A good example is drilling from a GL transaction to a sales invoice, then to a sales order, and even back to the price list.”
FastClose’s collaboration with Polyaire underscores its commitment to delivering tailored CPM solutions going beyond FP&A that empower organizations to optimize financial performance and decision-making processes. Through innovative technologies and unparalleled customer support, FastClose continues to revolutionize the realm of Real-time CPM.
Polyaire Pty Ltd is an international manufacturer of quality equipment for HVAC systems supplying air filters, insulated flexible ducting, air grilles, vents, and fittings.
For more information, visit https://polyaire.com.au/
FastClose is a cutting-edge corporate performance management solution that empowers organizations to streamline financial reporting, data analysis, and dashboard creation. FastClose seamlessly integrates with popular BI tools like Power BI, allowing end-users to harness the full potential of their data.
