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Synoptix has been widely used by various organizations to enhance their financial reporting and analysis processes. Users have found great …
Overview
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.
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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.
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- Premium Consulting/Integration Services
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Product Details
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- Competitors
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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.
Synoptix Video
Synoptix Report Writing Overview
Synoptix Competitors
Synoptix Technical Details
| Deployment Types | On-premise |
|---|---|
| Operating Systems | Windows, Linux, Mac |
| Mobile Application | Apple iOS, Android, Windows Phone, Blackberry |
| Supported Countries | Various |
| Supported Languages | English, Spanish |
Synoptix Customer Size Distribution
| Consumers | 0% |
|---|---|
| Small Businesses (1-50 employees) | 10% |
| Mid-Size Companies (51-500 employees) | 60% |
| Enterprises (more than 500 employees) | 30% |
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Reviews and Ratings
(14)
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!
- Business Problems Solved
Synoptix has been widely used by various organizations to enhance their financial reporting and analysis processes. Users have found great value in the system's ability to generate internal and external financial reports, which can be easily scheduled and distributed to individual departments in HTML or CSV formats. This functionality has significantly improved the visibility of accounts and enabled better decision-making based on accurate and up-to-date financial information.
One popular use case of Synoptix is its integration with ERP software such as Made2Manage. By pulling financial data from the ERP system, Synoptix enables users to create comprehensive reports that provide a deeper understanding of their organization's financial performance. This has proven to be particularly beneficial for accounting offices, as they can leverage Synoptix's user-friendly report writing tool to generate reports that are shared throughout their entire organization or college.
Additionally, Synoptix has been instrumental in streamlining year-end audits by providing the necessary reports and tools required during the audit process. Its efficient reporting capabilities allow users to create budget-to-actual comparisons spanning multiple years in just a matter of minutes. This not only saves time but also provides valuable insights into an organization's financial performance over time.
Moreover, Synoptix extends beyond financial reporting and analysis to help optimize manufacturing operations. By accessing and analyzing manufacturing data, it aids in determining optimal scheduling and workflows for improved efficiency and productivity.
The reliability of Synoptix is another aspect that users appreciate. The product rarely requires technical support, ensuring smooth and uninterrupted usage. It is designed to cater to multi-location organizations, allowing quick and reliable data retrieval from separate servers located in different states.
One notable example of how Synoptix has benefited an organization is Alvin Community College, which utilizes the software to create financial reports more efficiently. The college plans to expand the use of Synoptix for reporting in other departments as well.
Overall, Synoptix serves as a powerful tool for financial reporting, analysis, and decision-making. Its user-friendly interface, compatibility with ERP systems, and reliability make it a valuable asset for organizations across various industries.
Attribute Ratings
Reviews
(1-5 of 5)Companies can't remove reviews or game the system. Here's why
Synoptix is a tool which pulls financial info from our ERP software (Made2Manage) to provide better reports and visibility of our accounts.
- Provides a single pane of glass for all accounting and GL reporting.
- Easy to pull reports in a simple manner.
- Fairly easy to train new employees on how to pull the information needed for their day to day jobs.
- It has a poor install procedure which is not standard. It almost requires copying folders from an existing computer to the new install.
- The update process is less than desirable. It seems like Compusoft needs to do a better job of testing before releasing updates.
- The interface is a bit archaic. It looks more like a program from 20 years ago than one used today.
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- The cost of Synoptix is fairly minimal compared to what it's used for. I would say that strictly from a cost perspective it is a very good value.
- It does save a decent amount of time when pulling financial data, so there are some labor cost savings there.
Synoptix was in place before my employment began (12 years ago) and there has never been a discussion about switching to anything else.
August 11, 2017
Synoptix Review
Synoptix is currently our main system for building and reporting financial data. We have created nearly all of our internal and external financial reports using their system and scheduler to push reports to individual departments in HTML or CSV formats.
- Easy report building interface with an query interface that allows financial users the ability to conduct complex queries without difficulty.
- The ability to create reporting that allows us to review in-depth financial review by drilling down into accounts to find transnational data easily.
- Easily maintained and monitored with simple upgrade installations and end point installation.
- Great knowledge base for review and trouble-shooting.
- Highly knowledgeable and easy to work with staff.
- End point installations are a little confusing for some of our support staff. There's no direct installation wizard.
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- Greatly reduced the Business Office's dependency on IT report writers.
- Improved reporting accuracy and flexibility from year to year.
- Improved our Y/E closing times greatly.
Synoptix is much simpler for our financial group to create reports and parse data.
December 05, 2016
Synoptix Review
[It is being used] to assist in accounting.
- It provides detailed account analysis
- Excellent at creating reports for all aspects of accounting and budgeting
- Of course any software could be made to work easier and be more intuitive to non-computer people. Synoptix has made significant changes to make their product more user friendly
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- As a reporting tool it has allowed us to make fact based decisions. We have a significant annual cost with relation to our legacy system and Synoptix provides us with the best tool to mine the data that resides in our legacy system.
November 02, 2016
Synoptix Eases Reporting Woes
Score 10 out of 10
Vetted Review
Verified User
We are using Synoptix at Alvin Community College to create financial reports more efficiently than we previously had. After getting initial training from Synoptix, we found their product very user friendly and completely capable of handling our reporting issue (where other third party software had fallen short). As of right now, only our business office department is using Synoptix, but we hope to expand reporting to other departments in the future.
- User friendly software.
- Professional, on-site training.
- Excellent customer support.
- Sample fonts in all areas that can be chosen.
- More error based explanations.
- Save and Transfer feature (all-in-one).
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- Allowed for faster retrieval of data.
- Wish a Data Mart transfer could be scheduled frequently throughout the day so data could be "live" instead of us running a separate process first.
May 31, 2016
Synoptixs
The product we are using is called Synoptixs and it is a report writing tool. It is used by the accounting office but reports are shared throughout the college. We installed Synoptix during our year end audit taking precious time for a 3 day training. We walked out of the training with actual reports we needed for the audit and with the tools to create reports on the fly. I use Synoptix almost as much as I use Excel. I can create budget to actual comparatives spanning many years in just a few minutes. I can disseminate these reports quickly and easily and provide my end user transaction level detail with a click. I have never worked with a more user friendly report writer.
- Allows us to create reports that used to take programmers to do. Can run them much quicker and gain access to information in our general ledger at any time.
- Synoptixs is formatted like Excel but does not have the capabilities of Excel in many cases. Does limit what I can do to manipulate the data.
- Tough to determine but can get answers for management to make timely decisions.
Doesn't have all the capabilities of some other report writers but is much more affordable and provides us with what we need.