Synoptix

Score7.5 out of 10

20 Reviews and Ratings

What is Synoptix?

Synoptic provides ERP financial reporting tools and analysis. This solution is designed to deliver real-time data. The vendor’s value proposition is that their solution empowers users to create financial and operational reports with spreadsheet ease of use.

Categories & Use Cases

Corporate Performance Management (CPM)

Minority Ownership
Consolidate financials full or partial ownership of subsidiaries, equity pick-up.
Category average: 7.3
Publish to PDF
Category average: 8.4
Report sharing and collaboration
Report sharing and collaboration is the ability to easily share reports with others.
Category average: 8.4

Pixel Perfect reports
Pixel Perfect reports are highly-formatted reports with graphics and ability to preview the report before printing.
Category average: 7.4
Customizable dashboards
Customizable dashboards are dashboards providing the builder some degree of control over the look and feel and display options.
Category average: 7.6
XBRL support for regulatory filing
Support for the XBRL standard reporting format for exchanging financial data.
Category average: 6.9

DEVON JENKS

Director of Budgeting and Accounting in Finance and Accounting at College of Southern Idaho (501-1000 employees employees)

Use Cases and Deployment Scope

We use Synoptix as a report writer. All end users who need access to our ERP data use Synoptix to view said data. Our ERP does not have quality reports built in and Synoptix allows us to build custom reports that address our reporting needs.

Pros

Cutom report building
Allows for easy accessibility control for end users
Simple interface
Great customer service and technical support

Cons

I wish there were some features from Excel that were included
Sometimes difficult to have both desktop and web versions be separate
Printed reports don't always look as good as when they are on the screen

Return on Investment

Has been a great resource for reporting and information sharing
Reasonable pricing has allowed us to stick with Synoptix for a long time

Usability

Other Software Used

Anthology Student, Jenzabar Internet Campus Solution (JICS), discontinued

Traci Hemmerlin CPA View profile

Controller in Finance and Accounting at Harmony Castings, LLC (11-50 employees employees)

Use Cases and Deployment Scope

We use the advanced reporting software. This is fully integrated with our ERP solution, (M2M) and used mostly for financial reporting. It is used by our general managers, plant managers, purchasing, and accounting. This product works well - consistently! It is very unusual that we need tech support, but when we do, they are right on! We use the product for multiple locations and do comparative statements locally. You would NEVER know that the data wasn't stored on the machine sitting next to me as quick and reliable as this solution is to pull in the data from separate servers in separate states! (Including the drill-down detail.) Love it!

Pros

Very easy to write reports.
Upgrades process has been automated and requires almost zero effort! (no IT involvement required).
Drilldown function a breeze and provides instant results to the layperson for our financials.

Cons

I'd love to see a drill down by the financial statement line-item that provides all the detail for that line item immediately, rather than drilling down on individual transactions within the account.

Return on Investment

Our owners and managers want reports that are customized to their needs. This software allows users, not programmers, users to easily build a report in an "excel-like" environment. The report can be easily modified to meet new requests.
The export to excel function works exactly how you'd hope. Simply menu option, export to excel, and bam! there it is, with formulas and all the formatting, perfect and in about 30 seconds.
As a Controller, or CFO, my month-end closing performance is measured based on how successful I can consistent generate timely and accurate, reliable financials. I love this software, it's been integral to my personal success.

Usability

Alternatives Considered

Crystal and Oracle Access Management

Other Software Used

Microsoft Access, Microsoft Excel, Microsoft SQL Server

Alysia Stevens

Controller in Finance and Accounting at Linfield University (1001-5000 employees employees)

Use Cases and Deployment Scope

I use it as a financial tool. My current operating system doesn't show the accounts on the screen and I use Synotpix to run totals. I also use Synoptix to see if accounts are valid and if I am needing to create new accounts. I am learning how to prepare the financial statements in it as well.

Pros

I can see the accounts that I enter into the system
I like that it can create and use excel functions for reporting
Validate accounts

Cons

I don't like using many buttons to click into a window.
It isn't really user friendly - am using the desktop not the cloud

Return on Investment

I don't know the cost to compare the ROI, I know that I use Synoptix
when I can't see the data I should in my current ERP

Usability

Melisa Ritchie

controller in Finance and Accounting at Oklahoma Christian University (501-1000 employees employees)

Use Cases and Deployment Scope

Create our financial statements and net asset details reports

Pros

summarize detailed ledger data
run same report quickly after it is created
easy set up of reports

Cons

lag time when I am working with a vpn
reminder if save hasn't happened before leaving set up screen

Return on Investment

saved time
Increased accuracy in reporting

Usability

Other Software Used

Ellucian Colleague

Pauline Newman

Accounting Services Director in Finance and Accounting at Western Nebraska Community College (201-500 employees employees)

Use Cases and Deployment Scope

We use Synoptix for monthly reports to the Board of Governors. The reports are built to reflect the same format as the annual financial statements in the audit report.

Pros

Summarizing data
Ability to drill into transactions

Cons

Detailed user guide availability with FAQs

Return on Investment

Synoptix has been a real time saver for our CFO

Usability

Other Software Used

Ellucian Colleague, Blackbaud Financial Edge NXT

Prophix

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Synoptix

What is Synoptix?

Categories & Use Cases

Key Features

Top Performing Features

Minority Ownership

Publish to PDF

Report sharing and collaboration

Areas for Improvement

Pixel Perfect reports

Customizable dashboards

XBRL support for regulatory filing

Reviews

Use Cases and Deployment Scope

Pros

Cons

Return on Investment

Usability

Other Software Used

Use Cases and Deployment Scope

Pros

Cons

Return on Investment

Usability

Alternatives Considered

Other Software Used

Use Cases and Deployment Scope

Pros

Cons

Return on Investment

Usability

Use Cases and Deployment Scope

Pros

Cons

Return on Investment

Usability

Other Software Used

Use Cases and Deployment Scope

Pros

Cons

Return on Investment

Usability

Other Software Used

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