FYISoft (formerly Renovo Corporation) was founded in 2012 to provide innovative financial reporting solutions that enable companies to gain accurate insight into their corporate finances – wherever, whenever, and however their business needs dictate. FYISoft’s solutions are browser-based and can be deployed in the cloud or on-premises. Our goal is to simplify even the most complex financial environments by enabling on-demand reporting, easy integration with virtually all general ledger systems, and multi-company consolidations with different currencies, account numbers, and calendars. The leadership team has decades of experience in areas such as enterprise resource planning, finance and accounting, and information technology.
FYISoft enables not only fast, accurate and actionable financial reporting, but also the ability to remain proactive and competitive amidst changing business, market and regulatory demands. FYISoft empowers you to generate, package, and distribute reports faster – allowing additional time for review and analysis. Enable your staff to gain the insight needed to run your business more efficiently, while empowering them to drill down into transaction details and perform their own analysis.
FYISoft understands your crucial role in providing management with the useful data they need to make well-informed and timely decisions to achieve business goals and objectives. Reports can be easily customized for content, format and delivery methods. The distribution of reports can be automated to save hours of time and ensure that users receive only those reports they are authorized to view. Reports can be accessed 24/7, from anywhere, through any device; management receives the data they want, when they need it.
FYISoft makes consolidating data from different sources, locations and currencies quick and easy. FYIsoft integrates with any general ledger system (or Excel) to import and standardize data, and automate the creation of beautifully formatted, consolidated reports. We provide a global picture of corporate financial performance for multiple companies or lines of business. FYISoft can translate multi-national balances into a single currency (or multiple currencies, if desired).
Close Management and Reconcilation
Business needs are getting more complex yet the time allotment for period closes and reconciliation is shrinking. FYISoft enables you to automate and close reconciliation processes, and deliver accurate, timely financial reports. Complete your peroid close process in hours versus days or weeks, allowing sufficient time for analysis and any needed adjustments. Aggregate fragmented data into a single source for easier reconciliation, and avoid costly mistakes by automating key close processes and workflows.
FYISoft provides secure financial report distribution that saves your team hours, days, even weeks. Users can access and analyze reports 24/7 but cannot change the data, protecting the integrity of your financials. Distribution lists are easy to setup and maintain, speeding the process to distribute based on any number of parameters such as permissions, departments and locations. Interactive, cloud reports can be delivered via URL link, enabling users to drill down and see transaction details – which can save your team hours of time by answering all of their questions. Flexibility is offered to slice and dice reports any way your business needs dictate.