Syft Analytics is an interactive and collaborative financial reporting tool that offers a range of features for businesses and accountants. Here are the key functions of Syft’s financial reporting capabilities:
- Report Creation: Users can create various types of financial reports, from simple reports to integrated forecasts.
- Data Visualization: Syft allows users to visualize financial data through graphs, dashboards, and KPIs.
- Forecasting: The platform enables the creation of integrated forecasts based on financial data.
- Consolidations: Syft offers a powerful consolidation tool that can combine unlimited entities, add eliminations, account for acquisitions and disposals, and include fractional ownership.
- Multi-currency Support: The platform supports over 170 currencies for international reporting needs.
- Export Options: Reports and graphs can be exported to PDF, Excel, or Google Sheets. Syft also offers a “live view” feature for interactive and collaborative online reporting.
- AI-powered Insights: Syft incorporates AI technology to provide insights across graphs and reports, helping users make data-driven decisions quickly.
- Integration: The platform seamlessly integrates with various accounting and e-commerce systems, including Xero, QuickBooks Online, Sage Business, Excel, Google Sheets, Stripe, Square, and Shopify.
- Financial Statements and Disclosures: Syft offers tools for creating annual financial statements and disclosure notes, allowing users to build comprehensive financial reports with transaction-level detail.
- Customization: Users can customize reports, add checks and balances, and use transaction tagging for detailed financial analysis.
By offering these features, Syft Analytics aims to simplify and enhance the financial reporting process, enabling businesses to create, collaborate on, and explore financial data more effectively.
