FRx Financial Reporting Software

FRx is the world's leading financial reporting software. The FRx company is owned by Microsoft and leads the field in simple and effective financial reporting. FRx offers a complete suite of financial and analytic reporting and forecasting systems to deliver the control you need to manage your business. These analytical tools will enhance productivity and improve effectiveness throughout your business. Ultimately, this will provide the time and information you need to better understand the financial health of your business and improve performance.

How can FRx Financial Reports help you?

Easy, fast and accurate financial reporting and analysis. That is the bottom line. Are you running out of time to meet your monthly, quarterly and yearly financial reporting deadlines? The struggle to close the books faster results in compromised data accuracy and a lack of time for financial analysis. These are just some of the issues that influence your ability to deliver the best and most accurate information on time:

• Report requirements which constantly change
• Dependence upon your over-burdened Excel guru or IT department
• Extra stress associated with accommodating all of those last-minute requests for new, customised financial reports.

Having an easy method to create financial reports on a timely basis is only part of the solution. What about forecasting and budgeting ?

Are you finding it difficult to perform the ongoing budgeting and planning processes necessary to keep business performance on target? Do you meet financial "surprises" with panic due to lack of planning and/or budgeting? Do these surprises force you to make sacrifices in places which have a direct and negative impact on your strategic objectives?

FRx includes Forecaster as part of its line-up. This software is the Web-based budgeting and planning solution. It puts the systems and processes in place to help you immediately realise the benefits of an effective budgeting and planning process, and make it an ongoing part of your business strategy.

How can Communicat help you?

Using FRx software and a thorough analysis of your business, Communicat will help you quickly implement budgeting, planning, consolidation and financial reporting and analysis applications. A solutions involving FRx financial reporting software will save your business time and money throughout the year. FRx software brings out the best features of your accounting software package making information retrieval and distribution easy.

We also offer helpdesk services should you require any assistance after the implementation. Communicat has support staff experienced with utilising this powerful financial reporting tool. They will help you to reduce the regular and cyclical workload of report generation demanded by management.

FRx Financial Reports Features

Some of the features FRx financial reporting and forecasting software provides includes:

• Automated features allow users to create and distribute customised reports electronically by exporting them into popular formats such as Microsoft Excel, a Microsoft OLAP (online analytical processing) cube, HTML or an ASCII text file.
• By pulling information already set up in your general ledger, it automatically understands your fiscal periods, chart of accounts, detail transactions and various types of balances. It even recognises positive and negative variances, and posted / unposted transactions.
• Leverage the rows, columns and formulas which you created in Excel and import the information with all data intact directly into FRx.
• FRx includes many customisable report templates so you can quickly get started creating relevant financial reports, without any help from IT resources or other technically minded personnel.
• Financial information users both inside and outside of your organisation can answer their own questions about the data by "drilling down" all the way to the transaction detail level and perform the necessary analysis. FRx allows you to define security rights at the "Reporting Tree" level so each recipient only accesses the information that is appropriate to their viewing rights. Instead of generating multiple reports, generate a single comprehensive report that you comfortably send to all report reviewers.
• FRx will deliver financial reports in a variety of traditional or graphical output options including Excel or other spreadsheet, ASCII, FRx DrillDown Viewer, OLAP, or XBRL. You can then post your reports to the Web or send them via email. A connection to your general ledger is not required to access the reports.

Forecaster's collaborative capabilities save time and help improve the quality of the final budget. Users have access to features such as automatic email notification of upcoming deadlines, and a centralised bulletin board where goals, objectives, business tactics and instructions are posted for enterprise-wide access. Memos, notes and attachments will help managers to understand the rationale behind important numbers and assumptions made by other departmental managers. Forecaster makes it easy for managers to input their own numbers to eliminate duplicate entry or potential for errors.

More Information

For more information on FRx Financial Software please contact us or visit the FRx Financial Software site.