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Best Financial Reporting Software For Small Business | 2018


Best Financial Reporting Software For Small Business | 2018
5 (100%) 1 vote

Financial Reporting Software For Small Business can offer as part of your overall Plan management will provide conditional suppression, high fidelity presentations and automatic calculations to focus and filter reports, as required.

Managing finance is one of the key issues for a small business and success too depends much on it. In this IT world where everything is revolving around computerized system, small business owners can also be highly benefited applying finance software for their organizations. It’s getting more and more popular because of its strong handing of all the financial information as well as the cash flow. Providing instant information on the progress of the finances of the business and the accounts, this software accelerates efficiency in your company. Moreover it leads to take decisions fast regarding the finances of your business.


Finance software for Small business maximizes efficiency and accuracy of your financial data providing the current and future financial management requirements for your organization. You will know how to monitor the most demanding budgeting and processing needs. As it fully integrates with all modules you will be able to manage financial statements, calculating the various costs and the different ratios and also estimating the requirement of external finance.

Without difficulty and loosing time you can change, combine, or copy your important business data and restore new data to remain updated with elements critical to your business. Its easy-to-use toolbar buttons allows accessing multiple change features. Modifying segment delimiters and the account segment length is also possible. Even multiple changes, copying can be combined from one external file.

It works as a comprehensive reporting and analysis tool to measure your entire accounting system. You can view and analyze your business with complete financial statements that are required for each general ledger, customer, vendor, item, transaction, and transaction detail, making it easy to record and track data. Furthermore you will be able to control customers and items for your Order Entry orders, Order Entry shipments, Order Entry invoices, Accounts Receivable invoices etc.

No need to gather key information from a monthly balance sheet, profit and loss statement, and cash flow statement, rather finance software affords quickly capture and integrate information into meaningful reports and securely distribute them in required fields of your business. Moreover remote offices and distinct departments don’t need to manage, distribute, and collaborate data from different sources rather finance software enables to monitor everything from a single, unified source.

To manage subsidiaries outside of your country or expand globally, finance software may also offer Multi-Currency module to manipulate from the global economy. It makes simpler multi-currency dealings and ensures information to meet your global enterprise. So transactions in multiple currencies, unlimited rate types, reports printing etc. help to run payments or receipts in the currency that your customers and vendors want.

In order to simplify your entire cash flow process and save money for your organization, finance software provides a well-built collection of accounting and reporting features that facilitate rapid access of vendor invoices, flexible cash disbursement and full check reconciliation. To manage everything in accordance with time it allows prioritizing payments, negotiating terms, reducing bad debts, and keeping information for vendors that you can also use for the further supervision.

With Finance software it is easy to keep stock levels and processes inventory receipts, shipments, returns, and adjustments. It also allows extensive screen inquiry and reporting functions to give you the detailed, current information crucial for effective inventory management.

Finally finance software is a terrific tool to make the most of every customer interaction, maximizing business opportunities and customer satisfaction. As it helps to keep call and escalation history, interactions, multiple contacts, e-mail and documents sent and received, within a single click you will get complete and accurate data that enables you to resolve client issues quickly and create cross-sell or up-sell opportunities without difficulty.


Best Financial Reporting Software For Small Business:


IDUSOFT

IDU | Budgeting Forecasting and Reporting solutions. Say goodbye to countless budget iterations and complicated spreadsheets and hello to fast, streamlined financial budgeting and reporting with IDU.

IDUSOFT.COM

IDUSOFT

DEALCLOUD

Cloud Based Private Equity CRM – Investment Banking CRM | DealCloud. The preeminent CRM, deal management and business development software for principal investing and M&A advisory professionals. Schedule a demo.

DEALCLOUD.COM

DEALCLOUD

ALTUSDYNAMICS

ERP & CRM for non-profit, education, social services & government. Altus Dynamics provides accounting, financial and information management software solutions based on Microsoft Dynamics to the non-profit sector.

ALTUSDYNAMICS.COM

ALTUSDYNAMICS

SOFTTARGET

Founded in January 2000, with its main office in Montréal (Quebec), softTarget Inc. provides advanced portfolio management software solutions for the Wealth Management industry. The powerful portfolio overlay capability of its iBalanceTM platform enables efficient implementation of investment strategies, while considering each personalized portfolio’s characteristic. Its optimizer finds the best buy/sell recommendations for each portfolio or portfolio group in a tax efficient manner.

SOFTTARGET.COM

SOFTTARGET

MYGIDE

MYGIDE – Forward-looking Software. Explore GIDE’s advanced financial modelling and analysis software and experience the power of our forward-looking business performance and planning solutions. ng solutions.

MYGIDE.UK

MYGIDE

APPFORFINANCE

Financial Analysis Software – Appforfinance. Appforfinance, Financial Analysis Software, Cloud computing, Automatic reporting, Business intelligence.

APPFORFINANCE.COM

APPFORFINANCE

UNIT4

Business Software for Fast Changing Organisations. Unit4 Business Software creates, delivers and supports adaptable business software worldwide, delivered via the cloud or on-premise.

UNIT4.COM

UNIT4

MARKITSOFT

Excel Spreadsheets for Business Plans, Forecasts & Budgets. Our Excel spreadsheets help managers create business plans, budgets, management reports, sales forecasts and credit reports for faster and smarter financial planning and business forecasting.

MARKITSOFT.COM

MARKITSOFT

SKYNETAS

Enterprise Software Solutions Online – Enterprise Application Platform. We provide award-winning Enterprise Software Solutions for business & charities in the UK & abroad. Visit the website to find how we can help you.

SKYNETAS.COM

SKYNETAS

STRATEGICFOCUS

Integrated Business Modelling. Strategic Focus is a Wellington based team of chartered accountants that specialises in management accounting and reporting. Whether it be budgeting, rolling forecasts, driver based forecasting or activity based costing we have software solutions that make these otherwise complicated and time consuming tasks easy to manage.

STRATEGICFOCUS.CO.NZ

STRATEGICFOCUS

BLACKLINE

The Unified Cloud for Accounting and Finance | BlackLine. BlackLine automates complex, manual & repetitive accounting processes & enables companies to move beyond the legacy record-to-report process.

BLACKLINE.COM

BLACKLINE

Top Financial Reporting Software For Small Business:


AIRCRAFTCOSTCALCULATOR.COM – Aircraft Operating Costs Calculator | Aircraft Ownership Costs. ACC is a global web application that allows users to determine the actual costs of aircraft operating which is designed for private owners, commercial operators, fractional owners, flight departments, financial institutions and charter operators.


ALPHA-SENSE.COM – AlphaSense – The Financial Search Engine. AlphaSense finds investment data and themes from within millions of research documents in seconds, all with ONE simple search.


SUNGARDK12.COM – School Administration Software | K-12 Student Admin System. SunGard K-12 offers school administration software specifically designed for K-12 school districts across the United States. Lead without limits.


CA.COM – Software and expertise to fuel digital transformation – CA Technologies. Digital transformation within the application economy—from planning to development to management to security.


CALUMO.COM – CALUMO Business Intelligence for Finance. Are you Looking for a Business Intelligence Tool for your business? CALUMO Business Intelligence makes Building, Analysing and Distributing reports Easy.


CAPRIVISOLUTIONS.COM – CapEx Capital Management and Planning Software | Caprivi Caprivi Solutions. Caprivi achieves Workflow automatization using K2 to achieve a veratile workflow with out code. Ensuring a high degree of reusability all of Caprivi Solutions workflow solutions work well with other systems for data sharing.


COINSIMPLE.COM – Full Bitcoin e-Commerce, Direct to your Wallet | CoinSimple.


DELTEK.COM – ERP, Cloud & Business Resource Planning Solutions | Deltek. Deltek provides enterprise software, ERP (enterprise resource planning) and information business solutions for services firms and government contractors.


CAPITALBUSINESS.NET – Nonprofit Fund Accounting Software & Consulting Services. Capital Business Solutions offers fund accounting software solutions, such as Abila (Sage), to nonprofit and private-sector organizations.


ECOWIN.COM – EcoWin capabilities have been fully integrated into Thomson Reuters Eikon to give our valued customers a better workflow experience and access to an expanded range of content. We have a team of consultants ready to transition our customers seamlessly from EcoWin to Thomson Reuters Eikon. For more details contact your Thomson Reuters Account manager.


JABSOFT.COM – Model Assistant Suite is the most useful collection of add-ins for people who uses Microsoft Excel as a decision making tool, Dashboard Tools for Excel, Jabsoft.


FIRM58.COM – Firm58 | Trading Firm and Broker Dealer Back Office Automation Solutions. Firm58 provides cloud-based broker dealer and trading firm back office automation solutions, including profit analysis, compliance and surveillance, CSA and soft dollar management, compensation, accounting, position reporting and billing.


VISIONSOFTWARESOLUTIONS.COM – For over fifteen years VSS has helped businesses thrive, organizations grow, and people do their jobs better, thanks to our innovative development and support teams committed to customer success.


FLOQAST.COM – FloQast | Accounting Close Management Software. FloQast accounting close software, designed by accountants, simplifies your close with a centralized month end close checklist and automated tie-outs.


MITCHELLHUMPHREY.COM – Government Business Solutions | Customizable Accounting Software | Mitchell Humphrey. Government Accounting Solutions, Customizable Accounting Solutions, Government Business Software, Best Integrated Business Software, Best Gov’t Business Solutions.


EXCEL4APPS.COM – Oracle Financial Reporting Tools | SAP Financial Reporting Tools | Excel Export. Oracle & SAP Reporting in Excel. Excel4apps makes Excel-based reporting simple, accurate, and fast for Oracle and SAP users. Instantly access any of the Excel4apps Wand solutions for a free, 30-day trial today.


SYNCBASE.NET – SyncBASE | Financial Software Solutions. 


IRSOLUTIONS.COM – IR Solutions was founded on the premise that the rise of the Internet would create pressures on corporations to do everything better, cheaper, and faster-from delivering results, to developing new products, to adapting to shifting industry dynamics.


EVENT1SOFTWARE.COM – Event 1 Software – Intelligent Excel-Based Reporting. 


SIGMACONSO.COM – Corporate Performance Management software and services | Sigma Conso. Corporate Performance Management software and services: consolidation, management reporting, intercompany reconciliation, planning, budgeting…


TENSOFT.COM – Supply Chain, Revenue Recognition & ERP Solutions: Tensoft provides modern, end-to-end business applications for the Semiconductor, High Tech and Software/SaaS Industries.


OIKOSSOFTWARE.COM – OIKOS software – CLOUD Advantage. CLOUD Advantage – Simple, Robust Technology and Nothing to install or download. OIKOS Delos software is easy-to-use from start to finish.


OPENREPORTING.COM – Welcome | OpenReporting – Financial reporting & analytics tool to help bring transparency to your organization. OpenReporting is a web based, highly scalable, reporting and analytics tool that helps organizations bring transparency to their financial information and share it with a very large audience.


PAMARSYSTEMS.COM – Debt Collection Software | Pamar Systems. Pamar Collections. Work more accounts, collect more money! Debt collection software for creditors, accounts receivables and agencies. Call 800-727-2627 today!


PROFITKEEPER.COM – ProfitKeeper Franchise Data. ProfitKeeper offers financial data collection and analysis to increase profits for your Franchise.


READYRATIOS.COM – ReadyRatios produces a complete financial analysis of your statements. Software for the intelligent financial analysis online. Financial Analysis Software | Financial Analysis | Financial Statements.


FYISOFT.COM – Financial Reporting Solutions | Feature-Rich Software | FYIsoft. FYIsoft’s easy-to-use solutions simplify complex financial reporting demands, enabling you to get the right information to the right people.


SABRECHARTS.COM – SABRE is an easy-to-use tool which models and displays alternate Cost-Volume-Profit and “What if” scenarios, helping you adopt the best CVP strategy for your business and boost profits.


SAS.COM – Analytics, Business Intelligence and Data Management | SAS. SAS is the leader in analytics. Through innovative analytics, BI and data management software and services, SAS helps turn your data into better decisions.


SUMATIA.COM – Sumatia Financials – Simplify Your Financial Reporting.


TECHRULES.COM – Wealth Management Software | Techrules. Comprehensive Wealth Management Software Solutions. Our flexibility creating multilingual and multi-asset class portfolios is our main advantage.


TCMINFOSYS.COM – Financial Management Software. TCM ‘s business intelligence and corporate performance management software delivers budgeting, forecasting, reporting, consolidation and scenario modelling in one single solution.


UPLANDSOFTWARE.COM – Upland Software – Cloud-based Enterprise Software Solutions. We Provide Cloud Solutions Across the Enterprise | Enabling Amazing Customer Outcomes +Workflow  +Planning  +Mobile  +Content  +Financial.


BELLIN.COM – Better treasury solutions require better treasury practices. That’s why we provide BELLIN treasury consultants, who share the knowledge, experience and technical expertise required to make your treasury more adaptable and connected.


CONFLUENCE.COM – Investment Data Management Automation | Confluence. Confluence delivers automated solutions for critical fund administration and reporting processes such as regulatory reporting, financial statement preparation and expense processing and supports a wide array of global investment types.


SPENDVU.COM – SpendVu | Healthcare Supply Chain. SpendVu pioneers solutions that drive healthcare supply chain innovation, cost reduction and greater value management in the healthcare industry.


VENTURELINE.COM – Financial Analysis – Ratio Analysis – Industry Ratios. Financial analysis: Instantly analyze the financial statements of any company or industry. Five-year ratio analysis. All companies and any industry accounting ratios.


WORKIVA.COM – Workiva | Cloud Software | Accounting, Finance, Compliance, Risk. Discover why over 2,700 customers trust Workiva for their productivity needs and compliance, accounting, finance, and risk reporting. Request a demo today.


XLREPORTING.COM – Financial Reporting, Consolidation, Budgeting Tools Software – XLReporting. XLReporting offers web-based, fully hosted, and easy to configure financial reporting, consolidation and budgeting solutions and software.

Components of Financial Reporting Software

Financial Reporting Software consists of two components namely, Designer and Report Analyzer. Designer is used for report creation and Report Analyzer is used for report viewing and analysis.

Key Benefits of Financial Reporting Software:

  • Provides real-time data
  • End-to-end reporting
  • Detailed and summary reports
  • Able to pull in every piece of data you need in your database.

Now we are going to discuss about the key features of Financial Reporting Software:

Integrated with Microsoft Excel

Financial Reporting software is fully incorporated with Microsoft Excel. It turns Microsoft Excel into a powerful working tool and finance professionals become benefited with it.

Mapping Tables

Financial Reporting Software contains mapping tables. These tables enable you to add information, such as grouping information and classification.

Combine Data Information

Financial Reporting Software allows you to create your own reports and layouts. You change layout, sift the report, and zoom in or out with this software.

Different report types

Financial Reporting Software produces a number of report types, namely- Charts, Dynamic reports, and Formatted Excel lists.

Different Ways of Distributing Reports

Reports can be distributed in several different ways- such as Excel workbooks, CSV files, XML and XBRL files, HTML pages, ZIP, PDF, and email attachments.

Modules

Financial Reporting Software consists of a number of modules such as Financial Reporting, Business Reporting and Enterprise Modules.

Relation with Various Systems

Financial Reporting software is linked to Accounting software, Budgeting software, Compliance software and Business Performance Management software.

Budgeting

Budgeting is not an easy task. It costs much labor and time. But with Financial Reporting software you can do this job very easily. It also helps you to update the budgeting process.

Makes your Task Simple

Retrieve desired financial and management information depending on manual process is difficult. Financial Reporting Software offers unrivaled flexibility.

Easy to Use

Financial Reporting software is simple to download and easy to use. You need not to appoint any expert for using this. Without any special training you can use it and get benefit from it.

Money Saver

Financial Reporting software will do many difficult tasks for you in a moment. You need not to appoint extra people for this. So, it saves your time and money at a time and helps you to lead a tension free life.

Online Tool

As Financial Reporting software is a web based tool you can get your information from anywhere in the world. You need not to use any expensive server for this.

Financial Reporting software offers traditional reporting, query,  analytics and increase business intelligence capabilities. Developers can use it to design reports without any data preparation.

So, we hope that after knowing all these benefits of Financial Reporting software you will be interested to use it in your organization.

Summary

Financial Reporting Software helps organizations to control and increase operational efficiencies. It enables you to get the most value from the data of Financial Reporting Software.

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