Syft Analytics
AI-first financial reporting platform for businesses and accountants
What is Syft Analytics? Complete Overview
Syft Analytics is an AI-driven financial reporting platform designed to help businesses, accountants, and financial institutions create comprehensive dashboards, reports, consolidations, and forecasts. The platform integrates seamlessly with various accounting tools, e-commerce platforms, and payroll software, providing a centralized hub for financial data analysis. Syft addresses key pain points such as time-consuming manual reporting, lack of real-time insights, and complex multi-currency consolidations. Its target audience includes accountants, bookkeepers, non-profits, franchises, universities, and financial institutions. With features like automated commentary, live views, and interactive dashboards, Syft empowers users to make data-driven decisions efficiently.
Syft Analytics Interface & Screenshots
Syft Analytics Official screenshot of the tool interface
What Can Syft Analytics Do? Key Features
AI-Powered Financial Reports
Syft leverages AI to generate accurate and visually appealing financial reports. Automated commentary and live views allow users to gain real-time insights without manual data entry. The platform supports IFRS and GAAP financial statements, ensuring compliance with industry standards.
Multi-Entity Consolidations
Syft simplifies complex consolidations by supporting unlimited entities, eliminations, and multi-currency management. Users can segment by division, consolidate budgets and forecasts, and manage acquisitions and disposals seamlessly.
Interactive Dashboards & Analytics
The platform offers interactive dashboards, KPIs, and scorecards to visualize financial performance. Advanced analytics include transaction-level drilldown, business valuations, KPI and ratio analysis, and industry benchmarking.
Budgeting & Forecasting
Syft provides tools for cash flow forecasting, P&L forecasting, and 10-year planning windows. Users can import data from Excel and Google Sheets, enabling driver-based modeling and integrated financials.
Data Security & Compliance
Syft ensures enterprise-grade security with SOC 2 and GDPR compliance, penetration tests, and internal security procedures. Features like SSO, two-factor authentication, and audit logs enhance data privacy and security.
Best Syft Analytics Use Cases & Applications
Multi-National Business Consolidations
A global business with subsidiaries in multiple countries uses Syft to consolidate financial statements, manage currency conversions, and ensure compliance with local and international accounting standards.
Financial Reporting for Non-Profits
A non-profit organization leverages Syft's automated reporting and dashboards to track donations, grants, and expenditures, ensuring transparency and accountability to stakeholders.
E-commerce Financial Analytics
An e-commerce business integrates Syft with its payment and inventory systems to analyze customer behavior, product performance, and cash flow in real-time.
How to Use Syft Analytics: Step-by-Step Guide
Sign up for a free trial or select a pricing plan that suits your needs. No credit card is required for the trial.
Connect your accounting software, ERP, or other data sources to Syft to import your financial data.
Customize your dashboards and reports using Syft's style library, bespoke themes, and automated commentary features.
Generate consolidations, forecasts, and financial statements with multi-currency support and eliminations.
Export reports to PDF, Excel, Word, or share live views with stakeholders for collaborative decision-making.
Syft Analytics Pros and Cons: Honest Review
Pros
Considerations
Is Syft Analytics Worth It? FAQ & Reviews
Yes, the free trial supports unlimited users, allowing your entire team to explore Syft's features collaboratively.
Paying monthly offers flexibility with no long-term commitment, while committing annually or paying yearly provides cost savings (equivalent to 4 months free).
Yes, Syft integrates with accounting tools, ERP systems, e-commerce platforms, payroll software, and more to centralize your financial data.
Multi-entity consolidations are available in the Plus and Advanced plans. The Basic and Standard plans do not include this feature.
Yes, all plans include human-powered live chat support. Higher-tier plans offer additional support options like dedicated Customer Success Managers.