Advanced Reporting by Synoptix
Updated February 07, 2025

Advanced Reporting by Synoptix

Traci Hemmerlin CPA | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Synoptix

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.
  • 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.
The software is used by both financial and non-financial operations and managers. They can now open a report, run it, and drill down to easy visibility into data that used to require accounting research. There is no latency in running the report. We have locations in multiple states and the system still operates without pause.

With this tool a plant manager can simply click on a line item and see the details immediately, no waiting. The detail can then be copied to an email. Say they have a financial line item that had more than expected, like shipping supplies. The plant manager could email the purchasing agent direct questions about the current months purchases. No more need to funnel questions through accounting or wait for details.
Synoptix is more oriented to users as their own developers. You do not need to understand any sort of coding or languages. If you are working in financials you just need to know your trial balance. The menus and programing are so user friendly the programming is "kinda obvious".

Do you think Synoptix delivers good value for the price?

Yes

Are you happy with Synoptix's feature set?

Yes

Did Synoptix live up to sales and marketing promises?

Yes

Did implementation of Synoptix go as expected?

Yes

Would you buy Synoptix again?

Yes

This is hands down the easiest, most reliable, financial reporting system I have ever used. I've done statements that compare multiple companies, month-over-month, rolling months, once the statements are created, (which I taught an intern to do in an hour), the statements are literally as easy as entering the date and hitting go.

I have actually recommended the product many times. Once the reports are written, it just works. Zero effort. The financials were easy to write. If only the month end closing process were this simple.

Synoptix Feature Ratings

10.0
Long-term financial planning
Not Rated
Financial budgeting
10
Forecasting
Not Rated
Scenario modeling
Not Rated
Management reporting
10
10.0
Financial data consolidation
10
Journal entries and reports
Not Rated
Multi-currency management
Not Rated
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
10
Detailed Audit Trails
10
10.0
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
10
XBRL support for regulatory filing
Not Rated
Not Rated
Personalized dashboards
Not Rated
Color-coded scorecards
Not Rated
KPIs
Not Rated
Cost and profitability analysis
Not Rated
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
10.0
Flat file integration
Not Rated
Excel data integration
10
Direct links to 3rd-party data sources
10
Not Rated
Pixel Perfect reports
Not Rated
Customizable dashboards
Not Rated
Report Formatting Templates
Not Rated
10.0
Drill-down analysis
10
Formatting capabilities
10
Integration with R or other statistical packages
Not Rated
Report sharing and collaboration
10
10.0
Publish to Web
Not Rated
Publish to PDF
10
Report Versioning
Not Rated
Report Delivery Scheduling
Not Rated
Not Rated
Pre-built visualization formats (heatmaps, scatter plots etc.)
Not Rated
Location Analytics / Geographic Visualization
Not Rated
Predictive Analytics
Not Rated
Pattern Recognition and Data Mining
Not Rated
9.8
Multi-User Support (named login)
10
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
9
Report-Level Access Control
10
Single Sign-On (SSO)
10
Not Rated
Responsive Design for Web Access
Not Rated
Mobile Application
Not Rated
Dashboard / Report / Visualization Interactivity on Mobile
Not Rated

Using Synoptix

20 - Accounting, all levels
Production Manager
Plant Manager
General Manager
There is no need to have anyone designated to support the software. Once someone has credentials and are shown the basics navigation, they usually just figure it out. Again, it really is that easy to use.
  • monthly financial statements (both pdf and exported to excel)
  • comparative financial statements for several separate companies with common ownership. (these are automated now and take about 1 minute including the time to write the email).
  • instant access of financial information into the hands of plant management
  • We added a custom integration to a software that wasn't previously supported.
  • We have one company that we import their trial balance using an excel file each month. It's a small location, and at some point we'll like change ERP systems. For now this allows easy flexibility in reporting with no added cost.
  • The ownership group owns dozens of separate companies through out the world. The goal will be to integrate all locations into the Synoptix platform to allow for financial consolidations in minutes instead of days.
There is no question that we will continue to use this product for as long as it's available.

Evaluating Synoptix and Competitors

Yes - The company had used a tedious, antiquated, module within our ERP system. It was difficult to program and no one really understood it except for a few select IT experts.

It was an easy choice to give that method up for Synoptix.
  • Scalability
  • Integration with Other Systems
  • Ease of Use
These are the boxes Synoptix checked for me and why I bought the product and keep using it:

#1 the product first had to be affordable. Frankly, it wouldn't matter how great it is if it were over the top.
#2 Ease of use. The product had to be something I could understand and work with, without needing a consultant.
#3 Time. The product has to save me time. I need to be able to program reports quickly, and run them even faster.
do it once, do it right. NO changes

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