What is Syft Analytics?
Syft Analytics is an AI-first financial reporting platform designed to empower organizations to make insightful business decisions through data-driven insights. With capabilities ranging from beautiful bespoke reports and comprehensive consolidations to advanced forecasting and analytics, Syft enables thousands of organizations to optimize their financial performance and reporting.
What are the features of Syft Analytics?
1. Beautiful Bespoke Reports
Syft allows users to create stunning, customizable reports that cater to specific business needs, providing clarity and insights that drive decision-making.
2. Comprehensive Consolidations
Easily combine financial data from multiple entities to create a unified view. This feature supports multi-currency consolidations, ensuring accurate representation across different financial units.
3. Seamless Integrations
Syft works effortlessly with popular accounting tools, e-commerce platforms, and payroll software. By connecting to existing systems, users can analyze data holistically within a single platform.
4. Advanced Financial Statements
Generate financial statements compliant with IFRS and GAAP standards, making the audit process smoother and more efficient.
5. Spreadsheet Link
Link any software to Excel or Google Sheets for a seamless transition of data, enabling easy manipulation and detailed analysis.
6. Comprehensive Data Review
Utilize built-in capabilities to check data for errors and potential fraud, ensuring the integrity and reliability of financial reports.
7. AI Dashboards and Analytics
Leverage AI technology to present multiple data views and insights, enabling businesses to forecast trends and measure performance effectively.
8. Managed Support
Benefit from 24/7 support from expert teams ready to assist with any inquiries through live chat, ensuring a smooth user experience.
What are the characteristics of Syft Analytics?
- Multi-Entity View: Get a clear overview of connected data across various underlying entities.
- Account-Level Eliminations: Manage account and transaction-level eliminations with ease, ensuring accurate consolidation practices.
- Robust Security Measures: Syft places a premium on data security, being independently audited for SOC2 and GDPR compliance.
- Education and Training: Access Syft Campus for certifications and courses that enhance users' understanding and usage of the platform.
What are the use cases of Syft Analytics?
- Accountants: Streamline financial reporting processes and present insightful reports to clients.
- Businesses: Enhance financial analysis for strategic decision-making, budgeting, and performance tracking.
- Bookkeepers: Simplify financial reconciliations, consolidations, and comprehensive reporting.
- Non-Profit Organizations: Facilitate transparency and accountability through comprehensive financial reporting.
- Franchises: Standardize reporting across multiple franchise locations while managing consolidated financials effectively.
- Universities: Manage and report financial data across various departments and grants, ensuring compliance with funding requirements.
- Financial Institutions: Deliver precise financial insights and forecasts that align with regulatory standards.
- E-commerce Platforms: Analyze sales trends, expenses, and profitability in one dashboard.
How to use Syft Analytics?
- Sign Up: Start by creating an account on Syft's website.
- Integrate Tools: Connect Syft to your existing financial tools and software using the integration options available.
- Build Reports: Utilize the reporting feature to create customized financial reports based on your organization’s requirements.
- Manage Consolidations: Input your multiple entities and manage your consolidation settings for a unified financial view.
- Data Review: Regularly check your data for any errors and ensure accuracy before finalizing reports.
- Access Training: Consider participating in Syft Campus sessions for enhanced understanding and usage of the platform.
