Fast Powerful Reporting

Speed up month end closing

The control of a BI system with the ease of use of Excel

When installing an ERP system, reporting is the last thing you think of but it's the first thing that goes wrong when you go live. FastClose helps prevent that from happening.

Installs and delivers value against your own data in under 40 minutes

Integrates with both Excel and Power BI

A reporting solution with a built-in understanding of Epicor's structure

Functionality

The FastClose reporting tool connects to both Epicor On-Prem and Epicor in the Cloud in real time. What you see, is what you just posted, up to the moment Epicor reporting.

Allows users, typically accountants, who know what they need but don't know how to access it in Epicor to design and build complex reports to their exacting needs, without help from IT.

How It Works

Designers

The creators of reporting content within FastClose, they publish their work to other report designers and consumers using FastClose Designer. Reports could be statutory or management accounts, inventories of stock levels, analyses of aged debt or sales margins and much more.

Consumers

Users who wish to focus on what their reports are telling them, without the distraction of a design focussed interface use FastClose Reader. With access to the reports and data they can shift focus by adjusting filters exposed by the designer to change department, year or any dimension. With predesigned links, they can drill to related reports, following the number trail.

Spreadsheet

This group, usually made up of both Designers and Consumers, are users of the FastClose Excel Add-In. This allows a user to log into FastClose direct within Microsoft Excel, open multiple reports, adjust filters and pull data, formatted as in FastClose Designer. With the data in Excel users can use it to create and drive models that answer “What If?” scenarios based on live data.

Analytics

Designers who want to leverage FastClose’s native understanding of the database structure can use it to simplify the extraction of a dataset and push it out using FastClose Scheduler to analytic tools such as Power BI to create dashboards and provide analytics to users across their business.

Month End & Audit Drills

Understanding and explaining the detail of what has hit various accounts is critical and time consuming at month end. GRNI and stock reconciliation can both be fiddly, as well as ensuring that control accounts have no manual postings.

With FastClose, a user can drill from the GL to AP and AR by invoice number and then on to SOP and POP, following the money, uncovering a detailed audit trail as to what has happened, who did it, and why.

By using FastClose’s Reader application, cost centre managers can review management accounts throughout the month and in real time so at month end there are no surprises.

Consolidated Management Reports

With FastClose prebuilt templates, accountants can create a quick Trial Balance, P&L, or Balance Sheet in moments. Leveraging features such as the inbuilt hierarchy engine, these can be extended to provide more structure and deliver the full pack of management or statutory reports. By pivoting cost centre, department, product, or other dimensions, different aspects can be reviewed side by side to reveal their contribution. With no need to understand the undelaying tables or joins, the data is unleashed to fulfill every accounting need.

Power BI & Excel Integration

Getting data into Power BI typically needs significant technical expertise, but with FastClose end users can quickly build the data feeds that Power BI needs to give unparalleled visualization. With FastClose, this can be done on the local PC using the free Power BI desktop client, and then automated using the FastClose scheduler to push data to the web and update Power BI in the cloud, giving great real time dash boarding from Microsoft, the market leader. FastClose also runs natively within Excel in real time as it will always be needed, but using FastClose, the numbers will be correct and there’s far less chance of being one of those companies reporting incorrect numbers because of Excel errors.

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