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.
Corporate Performance Management
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.
Audit and Reconciliation is a time consuming business.
So due to the pressure on time, some businesses ignore is until the auditors arrive, leading to questions such as:
But hang on – shouldn’t my ERP do all this automatically?
Indeed, the modern ERP promises to provide in-balance General Ledgers as well as reconciliation programs, but they frequently fall short.
So how is everyone else solving this?
There are many products that can assist with reconciliation, but most require your transactional data to be transferred to vendor specific databases before processing.
Because of complexity, cost and training required, these systems are typically only accessible to large multinationals.
For everyone else – it’s manual data dumps to Excel – late nights, and a great many cups of coffee.
Reporting direct from your ERP, there is no need transfer data to a separate tool, saving time and reducing the risk of manipulation or transfer errors.
Our dedicated GRNI (Goods Received Not Invoiced) dashboarding report identifies all those PO / Receipt / Invoice reconciliations requiring further investigation, with built in rapid drill to the underlying transactions to get to the root cause of discrepancies.
Our stock reconciliation reports compare the transactions recorded in the inventory subledger with those in the GL ensuring stock balances are accurately reflected in financial statements and helping identify discrepancies.
Our approach supports the reconciliation process, reduces the risk of errors and provides out-of-the-box reports, to enable you to put your finger on the root cause of issues, fast.
By using the live ERP database, FastClose reports your data as it actually is, accurately and up-to-date.
Luceo PLC one of Epicor’s largest UK clients, utilises FastClose for reporting and audit.