FastClose has evolved significantly since its inception in 2014, transitioning from a pure reporting solution to a comprehensive real-time Corporate Performance Management (CPM) platform.
Initially focused on providing robust reporting capabilities, FastClose now offers a wide range of functionalities, including planning, budgeting, analytics, and group consolidation.
Our solutions are designed to integrate seamlessly with major ERP systems like Epicor, SAP Business One, Nextworld… and now Acumatica.
By enabling real-time, multidimensional reporting and enquiry, FastClose has revolutionized financial reporting for these platforms, significantly reducing month-end close timelines and enhancing decision-making processes. Our innovative approach and commitment to customer service have made us a trusted partner in the ERP reporting space.
Acumatica’s financial tools are top-notch, making it a great fit for businesses of all sizes. At the heart of its financial management system is the General Ledger (GL), which acts as the main hub for any and all financial data. The GL module offers a flexible and customizable chart of accounts, so that an organization’s financial transactions can be organized just the way they need.
The chart of accounts in Acumatica is incredibly adaptable making it possible to create and manage different financial dimensions like departments, locations, projects, and product lines. This flexibility enables tracking and reporting on financial data in a way that makes sense for the business.
To take advantage of these dimensions and get the business insight you need, requires a multidimensional reporting and enquiry tool such as FastClose, which runs in real-time against your Acumatica instance.
FastClose is all about making life super easy for users. It lets them whip up their own reports, taking the load off the IT team and getting the whole business up and running with reports in no time. It comes with ready-made templates and solutions for P&Ls, Balance Sheets, as well as more specific stuff like Customer or Product Margin reports. Users can tweak these in minutes to fit their needs.
Given FastClose can be installed and running in as little as 40 minutes on a free trial, why wait to bring your data to life?
Acumatica also shines with its multi-entity accounting feature, perfect for businesses with complex structures. This enables consolidation of financial data across multiple entities, giving a clear and comprehensive view of the organization’s financial health, even if those entities are held in entirely separate Acumatica instances.
But the pre-built content doesn’t stop there with templates for Inventory, Sales Analysis, AP & AR Invoicing and Purchase & Sales orders. This, combined with cross company, multi-currency consolidation – makes consolidated group reporting easier that you would believe.
FastClose isn’t just about simple navigation like drilling down from a consolidated P&L number to see the detailed GL transactions. It goes way beyond that with something we call “drill anywhere,” letting you surf live numbers from one subsystem to another.
For instance, you can drill from a detailed GL journal to the AR invoice that caused it, and then all the way back to to the original sales order – interactively and in seconds. This sort of interactivity delivers quick access to decision making data, accelerating month-end processes as users seek to make sense of their numbers with FastClose.
FastClose ships with a broad array of templates spanning the full spectrum of Acumatica Reporting and Financial Reporting functionality across GL, AR, AP, Sales and Purchase Order processing out of the box.
Many Acumatica customers never make use of this amazing data asset because they lack the Acumatica reporting tools, such as FastClose, to harness it.
Pull data and lay it out as you wish, style to get the right look and feel. Create new insight through the use of calculations, hierarchies and other power features. Organize data for planning activities. Publish for use in Excel or by Web users.
Find out more about the power reporting features in Designer.
Excel is an essential tool for the management and finance teams. With the FastClose Excel add-in, they can work with any number of pre-built FastClose reports, changing filters to deliver up to the minute data in real-time that can be used to build “What-If” models, or other reports, on the data retrieved. Find out more.
The FastClose Excel add-in is also the primary way that planning users submit their numbers.
With the Web based Read & Drill product, reporting users can consume selected reports whilst amending filters such as Month or Department to get the view they need. With drill down to detail or across to related subledgers, available on your laptop, tablet or smart phone Find out more.
FastClose takes the pain out of delivering PowerBI dashboards and other content. Leveraging it’s skill at extracting, enriching and delivering data – FastClose can also be integrated as a datasource to PowerBI with ease.
Find out more about how FastClose takes the pain out of Power BI delivery.
Enables budget holders to submit budget data from within Excel, using all the formulas & modelling power which that offers and then report through FastClose blending those numbers with live actuals – no data replication required.
Find out more about Planning and Budgeting with FastClose.
With installation and configuration possible in as little as 40 minutes, contact us and we will connect you with one of our implementation partners (if one exists for your area), or get you up and running ourselves.
FastClose can be installed and connected to your Acumatica instances, complete with out-of-the-box content in around 40 minutes.
Creating your own reports starting with our templates or samples is straight forward with FastClose Designer, empowering your accounting teams from the start. Alternatively if time is short, your Epicor implementation partner can build out and deploy new reporting content for you rapidly, to your requirements.
CloudERP
Email: solutions@clouderp.co.uk
Web: www.clouderp.co.uk
Established from a sister business of over 20 years CloudERP, trusted Acumatica Gold Partner, has been providing small and midsized organisations, throughout the UK with ERP and business management software, services and support to help them do business better.