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Syft Analytics

Syft Analytics

Overview

What is Syft Analytics?

Syft is a cloud analytics platform that links directly into a business's accounting software and generates bespoke graphs and reports. From simple reports through to integrated forecasts, businesses and accountants can use Syft to create, collaborate and explore financial reports.

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Pricing

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Essential

$19

Cloud
per month

Professional

$39

Cloud
per month

Enterprise+

$79

Cloud
per month

Entry-level set up fee?

  • No setup fee
For the latest information on pricing, visithttps://www.syftanalytics.com/pricing…

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

Starting price (does not include set up fee)

  • $19 per month
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Product Details

What is Syft Analytics?

Syft is a cloud analytics platform that links directly into a business's accounting software and generates bespoke graphs and reports. From simple reports through to integrated forecasts, businesses and accountants can use Syft to create, collaborate and explore financial reports.

Syft Analytics Competitors

Syft Analytics Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationNo

Frequently Asked Questions

Syft is a cloud analytics platform that links directly into a business's accounting software and generates bespoke graphs and reports. From simple reports through to integrated forecasts, businesses and accountants can use Syft to create, collaborate and explore financial reports.

Syft Analytics starts at $19.

Jirav, Anaplan, and Vena are common alternatives for Syft Analytics.

The most common users of Syft Analytics are from Small Businesses (1-50 employees).
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Comparisons

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Reviews

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

Syft Analytics has been highly regarded by users for its flexibility and ease of administration, allowing them to work effectively and efficiently on their tasks. Companies have reported significant time and resource savings when preparing their financial information, ensuring compliance with Syft Analytics. Users have found the software invaluable in identifying incorrect VAT calculations or instances where input/output VAT is not accounted for, thereby improving financial accuracy. The ease of use of Syft Analytics has been praised by many users, although some express a desire to become super users. Numerous users have enthusiastically recommended Syft Analytics multiple times, often after searching for a suitable software solution for years. Overall, users have had a positive experience with Syft Analytics, finding it user-friendly and providing clear and concise financial data visualization.

The ability to customize reports and visualizations, track and analyze cash flow, and create financial forecasts has had a significant impact on users' decision-making processes. While there are areas for improvement such as customization options for the dashboard and customer support response time, these minor issues do not detract from the overall high quality of the product. Syft Analytics has proven to be particularly valuable for small business owners and financial analysts, providing reliable and user-friendly financial data visualization. Users have appreciated the outstanding customer service provided by Syft Analytics and the ability to aggregate data into one tool. Some users even envision utilizing Syft Analytics in an advisory capacity with their client base.

Regular reporting needs, such as presenting consolidated balance sheets and profit & loss statements in real-time, are efficiently met by using Syft Analytics. The software offers standard financial and project controls including gross margin reports, P&L statements, and balance sheets. Users have also benefited from Syft Analytics in preserving important flow data and past balance verifications in order to combat hackers and identity thieves. A smooth learning experience with ample support has made navigating the software uncomplicated for users. They appreciate the easy-to-use nature of Syft Analytics, the quality of its presentation reporting, and its drill-down capability. This has also led to users enhancing their analytical skills with the software.

Utilizing Syft Analytics has resulted in improved productivity and performance when working with clients. Complex data is easily understood and presented in simple reports, making meetings with management leadership more impactful. The software solves the problem of manually transferring data to generate reports and statements, saving time and avoiding errors. Users have been highly satisfied with the helpful team at Syft Analytics throughout their experience using the software. Overall, users have praised Syft Analytics for its ability to present comprehensive information, generate reports from live data in the accounting system, and provide real-time information and efficient monitoring. Users have found Syft Analytics seamless for running reports from raw data and preparing polished presentations.

Syft Analytics has become a valuable tool for analyzing large sets of data and making meaningful interpretations to optimize business strategies. It saves time by generating various reports, including financial reporting, annual financial statements, management accounts, P&L statements, balance sheets, and cash flow statements directly from live data in the accounting system. This eliminates the need for manual data entry and ensures accuracy while streamlining the reporting process.

The software's impact goes beyond just generating reports. Users have found that Syft Analytics enhances their productivity and performance when working with clients. They appreciate its capability to help them understand complicated data and present it in simple reports, especially during meetings with management leadership. By providing clear visualizations and concise information, it facilitates effective communication and decision-making.

One of the key advantages of Syft Analytics is its user-friendly nature, which allows users to easily navigate the software without complications. The availability of support for learning further contributes to a positive experience with the product. Users have expressed satisfaction with the helpful team at Syft Analytics who provide fast and proactive support whenever needed.

While some users have moved to alternative solutions due to price competitiveness, they still acknowledge Syft Analytics as a great product with fantastic reporting capabilities. Its reliability in tracking data and providing up-to-date management reports has been commended by users.

In summary, Syft Analytics provides an effective and easy way to present management information to clients. Users have benefited from its flexibility, time-saving features, accurate financial calculations, customizable reports, and user-friendly interface. The software's ability to streamline processes, enhance analytical skills, and deliver comprehensive visualizations has made it a highly recommended solution for small business owners and financial analysts alike.

User-Friendly Platform: Users commonly found the platform easy to use and understand, with every report and journal available to trace transactions. The videos provided were appreciated as they guided users through each section, making the information presented in an easy-to-interpret way.

Time-Saving and Consolidation Features: Many users praised the time-saving and consolidation features of the software, especially when dealing with multiple entities across the globe. The ability to consolidate all sales channels into one report was particularly helpful for tax filing purposes.

Customizable Reports and Visualizations: Users liked the ability to customize reports and visualizations, track and analyze cash flow, and create financial forecasts. They positively noted the ease of navigation between reports and simplicity in producing monthly packages.

Confusing Scroll Movement: Some users have found the scroll movement from the side tab to be confusing and difficult to use, impacting their overall experience with Syft Analytics. They have expressed frustration in navigating through the software due to this issue.

Cumbersome Ledger Creation: Several users have mentioned that creating and adjusting ledgers in Syft Analytics can be cumbersome and clunky, making it a time-consuming task for them. They feel that the process could be streamlined and made more user-friendly.

Lack of Customization Options for Dashboard: A common drawback mentioned by users is the lack of customization options for the dashboard in Syft Analytics. While they find the dashboard intuitive and easy to use, they feel limited by its lack of flexibility. Users would appreciate having more control over how information is displayed on their dashboards.

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