SAP Financial Reporting Software SAP Financial Reporting That Allows You To Build Complex, On-Demand Business Intelligence & Financial Reports. Financial Reporting in SAP can be challenging to say the least. The standard financial reports provided with SAP Accounting tend to be inflexible and require IT assistance, resulting in delays and headaches. Synoptix Software offers a complete, easy-to-use financial reporting tool designed for SAP and built for your needs. We Understand SAP Financial Reporting Challenges: Dependent on IT to develop the custom reports you need. Time consuming to create ad-hoc reports. Reporting capabilities are limited & inflexible. ERPs, including SAP, are built to collect data, not report on it. With Synoptix’ Direct Integration Into Your SAP Environment, You Get: Freedom from IT dependence – empowering YOU and your team to create the reports you need when you need them. One-click, instant access to the custom reports you use the most. Simple ‘Excel-like’ interface for building real-time reports with complete drill-down functionality. Instant access to Key Performance Indicators. 100% confidence in the accuracy of your reports. SAP Financial Reports, Without IT Create complex, critical financial reports with ease. Embedded with powerful Artificial Intelligence (AI) technology, our reporting software provides an easy-to-use spreadsheet-like interface, with a direct connection to your Chart of Accounts. Get a deeper insight into the story behind your data with complete drill-down functionality. You can easily get into the details that make up any total. No more second-guessing. Users are empowered to create the reports they need when they need them; without any IT assistance. Any Datapoint, Anywhere In Your SAP Environment We easily connect to any account, metric, or datapoint from any record within your SAP database. We use your data to create real-time, on-demand, detailed reports & insights, with any dates, departments, & line items. Complete connection and integration with all your vital accounts: General Ledger Accounting (FI-GL) – the core of FI and of financials in general, providing the basic financial reports such as a Balance Sheet, P&L Statements or data for VAT Returns Accounts Receivable (FI-AR) – all financial relations with customers Asset Accounting (FI-AA, formerly known as “Asset Management” FI-AM) – supports acquisition, depreciation and retirement of fixed assets Accounts Payable (FI-AP) – all financial relations with vendors Bank Accounting – processing of bank statements General Ledger Account Profit Center (formerly part of Controlling) – an organizational unit within or across company codes, on which it is possible to display balances and movements of GL accounts Vendor – key element of FI-AP Customer – key element of FI-AR Fixed Asset – key element of FI-AA Reporting Made Simple. No Complex Training or Interfaces. Sifting through menus, interpreting code, and wasting time can be put in the past with Synoptix. Using an ‘Excel-like’ structure and an intuitive interface, building custom reports and managing your data has never been easier. Generate real-time, on-demand & automated reports with any dates, departments & line items. Vital SAP financial reports you need, delivered. You need data, and you need it fast. View your GL, AR, AP, Bank, Asset, Funds and Travel transaction balances in user-friendly customizable reports than can be filtered to exactly what you demand. Business intelligence trends and performance are simplified in our smart dashboards. Instantly gain insight to your Key Performance Indicators with drill-down functionality and the ability to collaborate within each and every cell. Spend your time analyzing your data, not wasting time compiling it. View Sample Reports Save Time While Reducing Overall Reporting Costs Time is money. Wasted time is wasted money. Consider the time you spend creating, correcting, validating, researching, understanding, & then distributing board-ready financial reports for review and business decisions. Not to mention the additional time required from other departments, especially IT. Using Synoptix Software, a $100M company can expect a $27,360 annual ROI Find Your True Cost of Financial Reporting Fast & Easy Implementation Installation & setup all handled by our tech team – thousands of installs & counting. Connect to your ERP/datapoints, along with training & onboarding – all in hours, not weeks. Your first use of Synoptix will include your own completed collection of custom financial reports. Stop wasting time finding data, instead spend your time managing it. Components of SAP Financials and Accounting Modules That Work With Synoptix SAP General Ledger SAP general ledger accounting aims to provide a system for managing all external accounts of an organization. Recording all the business transactions of an enterprise along with various other operation areas are managed by this SAP accounting module. It provides real-time assessment of cost accounting areas. SAP Accounts Payable and Receivable While SAP accounts payable records all the components and data for vendors, SAP account receivable records all the components and data for customers. Balance sheets and account statements can be created using these modules. SAP Bank Accounting This module is used to handle all bank accounting transactions. From managing bank master data, cash balance management to processing incoming and outgoing payments; everything can be managed using this module. SAP Asset Accounting This module is designed to manage fixed assets of organizations. The SAP financial system enables you to manage and supervise fixed assets, along with providing detailed information and reporting data. SAP Funds Management This SAP accounting module supports all the related tasks in creating and managing budgets. Calculating revenues, expenditures and funds are included in the task lists of SAP funds management. SAP Travel Management: This SAP module accounts all the transactions related to corporate trips organized within and by the organization. Approvals, bookings, settlement and diverse travel expenditures are recorded and managed using the SAP travel management module. These are the major modules of SAP accounting. Adopting SAP financial system, organizations can maintain records and transactions related to assets, revenues and expenditures in an automated and organized manner. Due to the various accounting advantages, most organizations are adopting SAP financials and accounting modules to manage work and financial status of ALL the departments through a unified system.