TrustRadius Insights
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.
Entry-level set up fee?
- Setup fee optional
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- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
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Product Details
- About
- Competitors
- Tech Details
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
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January 30, 2020
Very bad solution, I wonder who uses it
The Finance department is using Synoptix to better work with budgets and spending around the institution.
- Has a lot of flexibility
- It is customizable
- Hard to setup and install
- Requires a lot of training as it could be confusing
36%
3.6
20%
2.0
54%
5.4
5%
0.5
10%
1.0
N/A
N/A
N/A
N/A
57.5%
5.8
N/A
N/A
60%
6.0
3.333333333333333%
0.3
- It requires a lot of training (cost money)
- It requires an enormous amount of time to set up (people cost)