Financial Statements Software
Dynamic, custom financial statements
When financial statements are simple to customize and consolidate financial and operational data, it’s easy to onboard the wider business with the bigger financial picture.
Quick, obligation free
4.8/5 on Capterra
4.6/5 on G2
How Phocas streamlines financial reporting - 1:17s
All your data in one place
- Phocas Financial Statements is built on a BI foundation, integrating with 200+ data sources; ERP, CRM, sales, inventory, AR/AP, purchasing, Excel spreadsheets
- Data automatically consolidates into one platform, making it faster and easier to access your ERP data
- Secure data warehousing for multiple sources is all included, plus data is mapped to ensure it's matched for seamless updates and ongoing validation
- The Phocas platform handles vast amounts of data while maintaining faster, more reliable performance
- Phocas is a great fit for distribution, manufacturing and retail businesses.
Human-friendly financial statement software
- Transform ERP data into structured, up-to-date income statement, balance sheet and cashflow statements in minutes, not hours
- Remove manual work by automating reports for cross-functional teams
- Have confidence in consolidated reporting data that refreshes automatically; stop manipulating spreadsheets manually
- Leverage prebuilt templates, formulas and ratios.
Seamless integration with your ERP
Our platform has been built to work seamlessly with your ERP and any other data source. We partner with over 200 of the world's best ERP systems so we know exactly how to get the most out of your data.
- Infor
- Oracle NetSuite
- Epicor
- Klipboard
- Microsoft
- MYOB
- Sage
- SAP
Whiting Holdings halves financial reporting time
"Phocas created a lot of efficiencies in our finance team, we reduced the number of days to roll out reports from 10 to 5. It allows us to report and dashboard KPIs within our organization, and also make decisions easily by getting to the source of the data quickly."
Ingrid Vanlangenberg, Finance Project Manager - Whiting Holdings
Enhanced analysis
- Critical financial data sits in an intuitive data analytics environment, making it easier to analyze
- Drill into data and find instant answers, enabling a faster response to multiple scenarios at once
- Gain full visibility of your cashflow, streamline inventory management, and analyze sales and revenue data to identify trends and growth opportunities
- Compare actuals against budgeted performance and make informed decisions on how to allocate resources going forward.
Customer quote
In Phocas, we can have financial statements consolidated or split any way we want. We can choose to see just revenue and profit or right down to individual expense lines.
— Scott Sokoly, Business System Administrator at Trade Supply Group.
Trusted by companies worldwide
The Phocas platform empowers over 3,000 businesses who make, move and sell products. 97% of customers stay with us year-on-year because our platform gives people confidence to run their businesses better.
- Asko
- Bayer
- Bupa
- Fuji Xerox
- Gazman
- Repco
- Sistema
- Thermofisher
- Hoyts
- KYB
- Husqvarna
- Johnstone Supply
- Karcher
- WD-40
- Yamaha
- Bunzl
Dynamic financial statements
- Effortlessly customize financial statements without complex SQL or continuously outsourcing changes at an additional cost
- Include various reporting levels; multi entity, branch, country, cost centres, without the need for complex data manipulation
- Create and save custom filters such as product, customer or time period - apply them to reports to make then more targeted
- Add visualizations or calculations such as EBIT, margins and ratios that update automatically.
Customer quote
Prior to Phocas Financial Statements, we would have to pull data, dump it into Excel and manipulate it before we could really see the results. Now we can just open it up and the statements are built, we no longer have to build them and manipulate them before we can analyze them. It’s real-time.
— Justin Caper, Controller at American Metals Supply Company.
Visualize your FP&A story
- Communicate your findings with unlimited custom dashboards and workflows that are much easier to interpret by cross-functional teams
- Visualize financial ratios and KPIs side-by-side to improve understanding of the performance of different entities and branches
- Quickly switch from visualizations to underlying data where you can slice and dice the metrics
- Graphs, pie charts and Sparklines (mini charts) make your findings easy to understand at a glance.
Empower and connect cross-functional teams
- Sales teams can review their own income statement (P+L), then analyze their revenue and expenses by a number of variables
- Unite your team with a single set of accurate numbers
- Provide branches or regional teams with permission-based access without affecting the general ledger.
Customer quote
Before sales reps visit a customer, they can pull up their dashboard so they know what to pitch really quickly. It's easy to pull this information on Phocas rather than the ERP - it's a lot quicker.
— Jared Lombardi, Director of Finance at AAMP Global.
#1 Reporting/Analysis & Predictive Planning
In BARC's 'The Planning Survey 24' Phocas scored a perfect 10 in reporting/analysis and ranked #1 in predictive planning in the “integrated products for planning and business intelligence and analytics category”.
Insight software IDL vs Phocas
Insight software IDL 
vs
Phocas Software 
Reporting / analysis: Insight software IDL 4.9, Phocas 10
4.9
Reporting / analysis
10
Recommendation: Insight software IDL 3.2, Phocas 8.6
3.2
Recommendation
8.6
Predictive planning: Insight software IDL 3.6, Phocas 8.5
3.6
Predictive planning
8.5
Driver-based planning: Insight software IDL 3.4, Phocas 6.8
3.4
Driver-based planning
6.8
Vendor support: Insight software IDL 2.2, Phocas 7.4
2.2
Vendor support
7.4
Source: The Planning Survey 24, BARC
Anaplan vs Phocas
Anaplan 
vs
Phocas Software
Reporting / analysis: Anaplan 7.8, Phocas 10
7.8
Reporting / analysis
10
Recommendation: Anaplan 9.1, Phocas 8.6
9.1
Recommendation
8.6
Predictive planning: Anaplan 10, Phocas 8.5
10
Predictive planning
8.5
Driver-based planning: Anaplan N/A, Phocas 6.8
N/A
Driver-based planning
6.8
Vendor support: Anaplan 5.2, Phocas 7.4
5.2
Vendor support
7.4
Source: The Planning Survey 24, BARC
Board vs Phocas
Board 
vs
Phocas Software
Reporting / analysis: Board 9.5, Phocas 10
9.5
Reporting / analysis
10
Recommendation: Board 7.9, Phocas 8.6
7.9
Recommendation
8.6
Predictive planning: Board 1.5, Phocas 8.5
1.5
Predictive planning
8.5
Driver-based planning: Board 4.2, Phocas 6.8
4.2
Driver-based planning
6.8
Vendor support: Board 4.8, Phocas 7.4
4.8
Vendor support
7.4
Source: The Planning Survey 24, BARC
Jedox vs Phocas
Jedox 
vs
Phocas Software
Reporting / analysis: Jedox 6.4, Phocas 10
6.4
Reporting / analysis
10
Recommendation: Jedox 6.5, Phocas 8.6
6.5
Recommendation
8.6
Predictive planning: Jedox 3.4, Phocas 8.5
3.4
Predictive planning
8.5
Driver-based planning: Jedox 2.6, Phocas 6.8
2.6
Driver-based planning
6.8
Vendor support: Jedox 5.8, Phocas 7.4
5.8
Vendor support
7.4
Source: The Planning Survey 24, BARC
Prophix vs Phocas
Prophix 
vs
Phocas Software
Reporting / analysis: Prophix 9.8, Phocas 10
9.8
Reporting / analysis
10
Recommendation: Prophix 7.3, Phocas 8.6
7.3
Recommendation
8.6
Predictive planning: Prophix 2.6, Phocas 8.5
2.6
Predictive planning
8.5
Driver-based planning: Prophix 4.0, Phocas 6.8
4.0
Driver-based planning
6.8
Vendor support: Prophix 7.2, Phocas 7.4
7.2
Vendor support
7.4
Source: The Planning Survey 24, BARC
Vena vs Phocas
Vena 
vs
Phocas Software
Reporting / analysis: Vena 6.2, Phocas 10
6.2
Reporting / analysis
10
Recommendation: Vena 9.2, Phocas 8.6
9.2
Recommendation
8.6
Predictive planning: Vena 3.9, Phocas 8.5
3.9
Predictive planning
8.5
Driver-based planning: Vena 7.5, Phocas 6.8
7.5
Driver-based planning
6.8
Vendor support: Vena 6.5, Phocas 7.4
6.5
Vendor support
7.4
Source: The Planning Survey 24, BARC
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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 forecasting… We can help.
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