PyanGo

PyanGo is an accounting solution designed to streamline financial management for organizations of varying sizes. According to the vendor, PyanGo automates budget control, fund accounting, grants management, subaward management, and travel authorization, allowing businesses to focus more on their goals. This software caters to professions and industries such as advertising and media, construction, education, non-profit, and retail.

Key Features

Automated Budgetary Control: According to the vendor, PyanGo enables real-time spending control by tracking and managing expenses against budgets at the transactional level. It provides encumbrance verification, supports partial encumbrance and pre-encumbered funds, and seamlessly integrates with NetSuite workflow.

Advanced Fund Accounting: The vendor claims that PyanGo allows resources to be categorized, providing insight into the source and use of funds. It generates financial statements based on various dimensions and automates self-balanced accounting entries. The software also offers real-time visibility of fund balances and accurate financial statement balancing by fund.

Automated Grants Management: According to the vendor, PyanGo tracks and reports how donor contributions are spent throughout the grant life cycle. It delivers transparent donor reports, complies with grant terms and conditions, and manages grant activity with a large catalog of available attributes. The software also reports financial activity for all grants and allocates expenses to grant activities.

SubAward Management: PyanGo efficiently allocates a portion of a grant award to an outside individual or organization, according to the vendor. It effectively manages all subaward details, tracks expenses incurred by grantees, evaluates grantee proposals, and promotes funding to specific grantees. The software also links opportunities to programs and initiatives.

Travel Authorization: According to the vendor, PyanGo simplifies employee travel by issuing travel advances in the desired currency. It allows easy access to cash in the local currency of the destination for petty expenses. The software monitors all advances issued, tracks advance returns, and seamlessly integrates with standard NetSuite expense reporting. It also includes features to check for credit card fraud when employees use personal cards internationally.