All FinAlyzer Reviews
1-19 of 19 Reviews
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Sathya
Verified reviewer
Accounting, 11-50 employees
Used monthly for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed February 2019
Comprehensive EPM software that even mid-sized businesses can adopt
We have had a pleasant experience working with FinAlyzer, not just the product, but the service the company has provided. They go out of the way to provide solutions and are ready to customize the software to meet our specific requirements
PROSThe simplicity and ‘fit for purpose’ design are the best things about the software. The product takes care of the process and control aspects of financial consolidation & reporting. It helps geographically spread teams to easily collaborate and complete the consolidation process effectively and on time. The change management process is easy, as end users find it easy to learn. The users can also customize the reports on their own, and thereby removing ongoing dependence on IT teams. It is a software that businesses can consider for automating their segment wise profitability reporting, entity level management reporting, investor reporting & statutory financial reporting
CONSI loved everything about the software and it is very hard to point this out.
Vendor Response
Our heart-felt thanks for taking time and penning down your review comments. We are happy to know that you have had a pleasant experience with both our product & our service. We hope to continue delighting you with our product features and service.
Replied May 2019
Balajee
Pharmaceuticals, 1,001-5,000 employees
Used monthly for less than 2 years
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
4
CUSTOMER SUPPORT
4
FUNCTIONALITY
3
Reviewed February 2019
Beyond Square
Benefits - it helps us organize the functionalities of having multiple data input and books of accounts. Problems faced - Data optimization when working with huge volume of data Suggestions 1. Single logon – if can be mapped with the entity log on security, I have seen some other cloud tools have this feature enabled. 2. Roll forward feature to carry balances from one financial year to another 3. User level restriction to certain books/segments based on customized authority matrix 4. Training for admin users to use the tool to the fullest extent possible 5. Dynamic creation of reports rather than standard types. Each user will have an unique data set and requirement. The tool at this point doesn't fulfil that potential, I hope in future it will 6. I would personally like manual intervention after go live to be minimal on administering the activity 7. Issue log for all the changes including the admin activities 8. Additional VPN security protocol when data pertaining to large corporate are accessed outside of the company's network. This feature will enable authentication and minimize the impact of social engineering activities.
PROSPotential to be a blockbuster tool. Like the look and feel and certain UIs involved.
CONSData optimization and indexation. Especially when the data to be processed is voluminous, finding it annoying to wait for the processing to end.
Vendor Response
We are grateful to you for taking out time and writing your detailed feedback on Capterra. We have personally reached out to you to go through the items, and have already addressed items 3, 4, 5, 6 & 7. We are working on the other items as part of our roadmap. Your valuable feedback helps us constantly improve and also helps other companies discover FinAlyzer for their organizational requirements.
Replied May 2019
SHIVASHANKAR
Information Technology and Services, 201-500 employees
Used monthly for more than 2 years
OVERALL RATING:
3
EASE OF USE
3
VALUE FOR MONEY
3
CUSTOMER SUPPORT
3
FUNCTIONALITY
3
Reviewed September 2019
This product is good for generating various reports
Mainly generating various reports which is helpful for review and analysis purpose
CONSThis product takes a lot of time to refresh data if the reporting currency is in USD
Vendor Response
Dear Shiv, Thanks for taking time out for the review. It was not an issue of USD currency. The performance degradation was due to incorrect configuration, which has been fixed. You will find that this performance issue no longer exists. Thanks for your feedback. We look forward to your association with FinAlyzer for a long time to come.
Replied November 2019
Anonymous
11-50 employees
Used weekly for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed September 2022
Reporting with ease of pressing a button
Very good & interesting
PROSFlexible & Good view of the report. Easy to download the reports and review. Costwise and implementation wise comparatively cheaper.
CONSIntegration difficult when data of the customer is not organised and reconciled
Reason for choosing FinAlyzer
Cost
Vanita Sharon
Hospital & Health Care, 11-50 employees
Used monthly for more than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed February 2019
About FinAlyzer
As mentioned above, we are now using FinAlyzer to do our quarterly and yearly consolidations. We are also using it for our Budget Consolidations.
PROSMy organisation has been doing multi level consolidations manually using Excel worksheets. We were then introduced to this software and were informed that it could do just exactly what we were doing manually. And indeed it did exactly that! What I liked most about this software was that I could customise the Consolidation reports just the way I desired. I also like the drill down option that this application has. One can just click on a number of an item to see what are the components that make up the total number. The Beyond Square Team has helped us tirelessly in providing a good solution towards our requirement.
CONSThere is nothing that I disliked about this software.
Vendor Response
Thanks for taking time to provide your feedback. We are happy to know that FinAlyzer has been able to meet your expectations and serve your consolidation & reporting requirements. We shall continue to extend our utmost support to you and hope to delight you with our service and new product features
Replied May 2019
Jayanth
Financial Services, 1 employee
Used less than 2 years
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
4
CUSTOMER SUPPORT
4
FUNCTIONALITY
5
Reviewed September 2019
FinAlyzer - An effective reporting automation tool
Visually appealing interactive dashboards Capability to report under multiple taxonomies ( MIS, IndAS, USGAAP etc..) Consolidation of financial statements, passing elimination entries within this tool Segmental reporting Seamless interface with accounting tools like Tally and Quick books Operational and custom reporting facility Good fit for SME and large finance functions
CONSCan have a more easier set up procedure for the SME segment leading to unassisted (or minimally assisted) implementation process. This canbe a game changer for FinAlyzer in this sector.
Vendor Response
Thank you so much for taking out time and writing your review comments. We are happy to know that you have found the features useful and had a pleasant experience with our product. Your feedback is very valuable for us . It is our constant endeavour to improve the user experience and it is an ongoing process. Please feel free to continue sending your suggestions to finalyzersupport@beyondsquare.com.
Replied October 2019
Ashokkan
Health, Wellness and Fitness, 5,001-10,000 employees
Used monthly for more than 2 years
OVERALL RATING:
4
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
4
FUNCTIONALITY
4
Reviewed February 2019
Customer Feedback
Financial Consolidation and Reporting for 4 countries, in 4 local reporting standard requirements. At the group level in IFRS standards. Reporting formats are different for internal management and statutory audit formats. Every requirement is pre-built and configured through single chart of accounts and report mapping requirements. Our reporting timeline has significantly reduced by 4 weeks.
PROSVery user friendly, supports multi accounting standard and pre-built taxonomies. Wins over users with excel output templates. Key pain points of multi-currency consolidation and exchange rate management is effective.
CONSAbility to configure organisation hierarchy in the middle of financial year with multiple changes with multiple effective dates, needs lot of extra effort to manage reporting requirements.
Vendor Response
We are grateful to you for taking out time and writing your review comments on Capterra. We are happy to know that FinAlyzer has provided significant productivity benefits and stream-lined the financial reporting process. We also thank you for the product feedback. Our team is working on it and we will keep you updated on progress. For any suggestions, please feel free to write to finalyzersupport@beyondsquare.com
Replied May 2019
Sneha
Accounting, 2-10 employees
Used daily for less than 12 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed September 2022
Sneha
In my experience in dealing with implementations of software platforms, I have come across many instances where the [SENSITIVE CONTENT] Office has spent inordinate amount of time and energy (and money too) and not seeing benefits from their investments in their Financial Consolidation, Analytics and Management Reporting platforms. FinAlyzer, I have found has always been an exception to the rule.
PROSEasy to implement and even more easy to roll out, FinAlyzer puts the reins the hands of the [SENSITIVE CONTENT] by helping them focus on better analysis and informed decision making.
CONSThere are not any in particular to list.
RAVINDAR
Financial Services, 501-1,000 employees
Used monthly for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed August 2018
Excellent MIS Reporting Software
FinAlyzer has improved the quality and accuracy of reporting and reduced the overall time taken in our annual close and monthly reporting processes. This has freed up time for analysis, rather than on report preparation.
PROS1. Easily configurable by business use4 2. Simple to navigate and learn 3. Supports all features required by a finance team for MIS reporting & Statutory reporting 4. Supports IndAS, IFRS and other GAAPs 5. Supports forex translation, eliminations and other features of consolidation 6. Supports configuring of rules for automatic allocation of overhead costs for profit-center reporting 7. Rich audit trail
CONSAll our requirements are currently met satisfactorily. No cons.
Vendor Response
We thank you for taking time to provide your review. Its a pleasure to know that we have been able to meet all your requirements to your satisfaction and helped you achieve productivity improvements, accurate reporting & cost savings. Your valuable feedback helps us constantly improve and also helps other companies discover FinAlyzer for their organizational requirements.
Replied May 2019
Vinod
Verified reviewer
Information Technology and Services, 51-200 employees
Used weekly for less than 6 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed September 2022
finAlyzer is the [SENSITIVE CONTENT] in the block in the field of Budgeting and reporting software!
One word - " Excellence"
PROS1. Excellent and brilliant well informed. Everyone was extremely curtious , confident and knowledgable about their product. They have a solution oriented and can do approach to their customers. 2. The software is excellent and seamless, integrated with excel ( bread and butter for a finance guy) so it brings in familiarity and comfort 3. The pricing is very thoughtful and SaaS based
CONSEvery software would need to evolve. I would love to see FAR with asset tracking capability ( tagged to user) being offered as an option. Similary, could element of PowerBI , etc ( integrating cabality of taking a feed from PowerBI, Tablue) be possible. Im not a technical guy so please take this suggestion with a pinch of salt. I understand, just like law of gravity, there are limitations to imagination taking wings of flight :-)
Reason for choosing FinAlyzer
Features, the Team that back it and Price and Fairness of the offer.
Manan
Accounting, 11-50 employees
Used weekly for less than 12 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed September 2022
Review
I have found FinAlyzer to be a powerhouse platform that has helped CFO’s who are grappling with challenges around Financial Consolidation, Analytics and Management Reporting.
PROSA versatile platform that integrates group reporting, legal reporting, management consolidating and more in compliance with regulatory standards like RBI, SEBI, Ind AS, US GAAP, IRDAI and IFRS, FinAlyzer, I have experienced, is extremely easy to implement. The FinAlyzer team, I have also noticed is extremely customer centric.
CONSNothing significant here to report
Ramaswamy
Information Technology and Services, 501-1,000 employees
Used monthly for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed March 2019
Finalyser for Management
Consolidation made easy with multiple currencies Timely data to Management Savings in processing time before and after using Finalyzer by 1 day.
PROSUser friendly, ease to operate and useful for Management decision Processing is faster and time saving User can concentrate in analyzing the data instead of using their time in preparation of data Cost effective
CONSNothing specific about this product in this category
Vendor Response
Thank you so much for taking time and penning down your review comments. We are happy to know that you achieved time savings and cost benefits by using the software. If you have any suggestions, please feel free to send them to finalyzersupport@beyondsquare.com
Replied May 2019
Geetha
Information Technology and Services, 1,001-5,000 employees
Used weekly for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed February 2019
MIS
Good
PROSUser friendly in getting data at your finger tips
CONSit will be good if upload sheets are reduced to avoid manual work
Vendor Response
We thank you for your review of FinAlyzer on Capterra. We are happy that you find FinAlyzer easy and useful. We support multiple interfaces, including Tally, Xero, Quickbooks, SAP, Oracle, SFTP & API based integration, thereby reducing the need to upload manual sheets. We hope to continue delighting you with new product features and high quality service.
Replied May 2019
ANIL KUMAR
Financial Services, 2-10 employees
Used less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed February 2019
FinAlyzer Review
Overall my experience with Finalyzer is very good and hope they can bring more softwares
PROSIt is very user friendly and simple to use. Apart from this, service from the company is very good.
CONSNot much negative points about it. It is a good software
Vendor Response
We thank you for your review of FinAlyzer on Capterra. Its our pleasure to know that Finalyzer has been able to meet your requirements and you have been happy with our service. Please feel free to send your suggestions to finalyzersupport@beyondsquare.com
Replied May 2019
Vikas
Automotive, 1,001-5,000 employees
Used weekly for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed September 2022
MIS Automation
Ease of use and flexibility in configuration
CONSLimited to GL data Data down issues - minor
Sk
Accounting, 11-50 employees
Used monthly for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed September 2022
Review from
Amazing Product
PROS1. Ease of Data migration from TB to Financial Reports 2. Reduction of manual intervention in preparation of financial reports 3. Maintenance of Audit Trials 4. Customization of financial reports
CONSI have nothing to comment in this
Anonymous
5,001-10,000 employees
Used monthly for less than 2 years
OVERALL RATING:
3
EASE OF USE
4
VALUE FOR MONEY
3
CUSTOMER SUPPORT
4
FUNCTIONALITY
3
Reviewed September 2022
Finaanalyzer Software
It has reduced the time spent on taking TB and grouping the same. The experience on that aspect has very good.
PROSEasy Downloading of TB into A structured format Availability of Trends based on the above
CONSGraphs are not appealing. To make it more MIS friendly software by incorporating many features into it.
Reason for choosing FinAlyzer
Ease of doing Cost efficient
RAKESH
Information Technology and Services, 501-1,000 employees
Used monthly for less than 12 months
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed February 2019
Finalyzer as consolidation tool
Good.
PROSFlexibility for modification and customization
CONSNothing to mention specifically. But yes, interface needs to get improved with time.
Vendor Response
We thank you for your review of FinAlyzer on Capterra. We are happy to know that FinAlyzer has been able to meet your expectations and serve your consolidation & reporting requirements. It is our constant endeavour to improve the user experience and it is an ongoing process. Please feel free to send your suggestions to finalyzersupport@beyondsquare.com
Replied May 2019
Tripun
Hospitality, 1,001-5,000 employees
Used monthly for less than 2 years
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed October 2022
Great Team behind the tool
- Audit Trail - Customer Support - Realtime accessibility
CONS- Sometime changes during the audit process is time consuming and cumbersome