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 on revenue, expenses and financial KPIs with Phocas Financial Statements.
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.
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.
Try it nowFinancial 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.
Customize your cash flow statement Try it nowVisualize 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.
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