Analytics

Analyze accounts in your reports and dashboards with help of multiple custom dimensions.

Despite the abundance of IT reporting tools available today, most finance departments struggle to keep up with reporting and analysis demands.

But the problem isn’t necessarily the reporting tools; it is the inflexibility and inadequacy of the information model in the underlying financial systems. When confronted with these types of limitations, financial managers usually resort to spreadsheets and MS Access™ databases to fill the gap. These offline or desktop workarounds lead to data integrity issues, long period closes and late nights at the office. This method is the antithesis of cloud computing. It is an old approach that has become a way of life for many financial managers, but it doesn’t have to be that way.

The FinancialForce accounting engine provides exceptional ways to capture, store, and maintain financial data, providing financial managers with a rich base of auditable financial information that can be accessed anytime and from any place. With FinancialForce.com, you’ll spend more time analyzing and less time building elaborate spreadsheets to amalgamate data and overcome system limitations.

Key Features

• Flexible chart of accounts with multiple “dimensions”
• Unique chart dimensions for different lines of business such as project accounting
• Captures specialized information from operational subsystems like Salesforce.com
• Stores budgets at all levels of the chart of accounts
• Multiple budget values, forecasts and revisions
• Captures business statistics at transaction and summary or budget levels
• Stores actuals and budgets in multiple currency dimensions
• Unique vendor, customer and employee analysis
• Drill down from summary balances to source documents from anywhere in the application
• Build reports using Force.com tools or securely access data via Microsoft Excel™
• Read and write back budget information securely with FinancialForce XL
• Real time analysis – no waiting for batch updates
• One auditable source of financial information in a single ledger

Read more about FinancialForce Accounting on our products page »