- Why Phocas
- Use cases
PHOCAS FINANCIAL STATEMENTS
your finance function
Financials at the heart of your business are brought to life
Static and siloed spreadsheet-based reporting negatively impacts the agility and performance of mid-market businesses. Unshackle finance teams from the grind of static reporting, liberate the numbers that make your business tick and help your business thrive with proactive attention to revenue, expenses and financial KPIs with Phocas Financial Statements.
Explore a live and dynamic user interface
Your critical financial data sits in a data analytics environment, making it easier to analyze. This way, any figure can be investigated, and answers can be found quickly so you can be proactive and move decision-making forward.
Personalize for your audience
Financial statements (profit & loss/income statement, balance sheet and cash flows) can be customized to suit the board or branch managers. Add visualizations or calculations such as EBIT, margins and ratios that update automatically.
Get a snapshot view of specific timeframes and areas
Visualize your financial ratios and KPIs to understand the performance of different entities or branches side-by-side. Build financial knowledge within your business with impactful charts and prompts so everyone can spot trends and variances.
A direct-feed of data from your ERP into Phocas Financial Statements saves you time and reduces the need to maintain and rework static spreadsheets. Reports are customized to suit your business and updated automatically.
Month-end consolidation is faster, with more time to explore the numbers in the dynamic format, build dashboards with visualizations and export to Excel for further modelling.
Watch this 8-min demo to see it in action.
Democratize financial data
Meet the needs of the C-suite, boards and business users for live financial data delivered securely by finance
General ledger security
Give branches and regional teams permission-based access to run their numbers and view their statements without affecting the general ledger
Dynamic reporting allows you to create and automate any number of reports specific to the nuances of your business, customized by content and layout
To stay competitive, companies have to react faster to every situation. Financials can be reviewed in real-time so critical decisions can be made on spot
Hear from Phocas Financial Statements users
Convenience + speed
Different views, one source of truth
Useful numbers for those in need
Understand the past, operate better today, and plan well for the future
Whether you want to get your data organized for your team or you’re looking to combine business intelligence capabilities with financial reporting, planning and analytics… We can guide you. Let’s see if we can help.