Revisoft

Revisoft, developed by Revisoft SRL, is a software solution designed for legal auditing and crisis management in businesses. According to the vendor, this versatile tool caters to companies of all sizes, including nano enterprises, and is widely used by auditors, accounting professionals, legal experts, small and medium-sized businesses, financial institutions, and consulting firms. With its range of features and user-friendly interface, Revisoft aims to streamline document management, facilitate financial analysis, and generate reports for professionals across various industries.

Key Features

Document Archiving: According to the vendor, Revisoft allows users to attach documents to work papers in any format for easy access and reference. Each document can be associated with a specific work paper and classified as permanent or current, facilitating efficient search and organization.

Pending Activities: The vendor claims that Revisoft provides a dedicated space within each work paper to note incomplete tasks, with a function that highlights pending activities for effective tracking.

Data Copying: Revisoft offers the capability to copy work papers, including permanent attachments, to other work sessions in one operation, potentially saving time and effort.

Printing Capabilities: Users can print individual work papers and folders from all areas of activity. The vendor states that Revisoft allows for the generation of an annual revision file in PDF format, categorized by area and accessible through an index. The revision file also includes a separate folder with all attachments cross-referenced to the respective work papers.

Financial Statement Import: Revisoft supports the import of financial statements in Excel or XBRL format. According to the vendor, the XBRL format enables the import of previous financial statements, facilitating trend analysis.

Accounting Adjustments: Revisoft integrates accounting functionalities, allowing for adjustment entries based on imported financial statements. The vendor claims that supporting documents can be attached to each accounting entry, eliminating the need for paper files.

Ratio Calculation: According to the vendor, Revisoft automatically calculates cash flow, key structural, profitability, turnover, and financial ratios. By inputting a few non-accounting data, the software calculates the Debt Service Coverage Ratio (DSCR) and identifies potential crisis signals.

Trend Analysis: Revisoft presents a comparison of the last six periods of classified financial statements, crisis signals, and financial ratios through combined charts. The vendor claims that negative trends are highlighted, enabling proactive crisis prevention.

Reports and Simplifications: Revisoft generates reports for businesses, complete with explanations and simplifications, aiming to make complex financial information easily understandable.