Syft Features
Financial Insight (3)
Budgeting
Uses collected data to assist organizations in understanding what they can afford now, and in years to come.
Forecasting
Creates a continuous and recurrent planning process that can be calculated according to a specified and customizable timeline.
Planning
Leverages data from budgeting and forecasting processes to help corporations understand their reality and make decisions accordingly.
Data (4)
Data Visualization
Offers methods of visualizing data via customizable dashboards, statistical graphs, and charts.
Data Analysis
Scours data for actionable insights.
Custom Reporting
Allows users to customize their own reports according to business needs.
Reporting Templates
Provides pre-built reporting templates to organize data for payroll, manufacturing, and other company factions.
Status Communication (4)
Collaboration
Allows for searchable communication within the tool via notes, checklists, and discussions to ensure clarity between users.
Version Control
Reflects updates immediately, ensuring users have the most recent data while maintaining records of past performance.
Real-Time Data Updates
Updates varying factors in real-time, assuring forecasts and inferences are continually made according to the most recent information.
Scorecards
Displays and shares company performance data to increase transparency across the board.
Budget Creation (6)
Data Import
Import trial balance, monthly P&L, balance sheets, and other types of financial data 22 reviewers of Syft have provided feedback on this feature.
Budget Hierarchies
Define budget structure elements and how they are linked hierarchically This feature was mentioned in 21 Syft reviews.
Versioning
Keeps track of all versions of a budget and allows users to compare versions 19 reviewers of Syft have provided feedback on this feature.
Formulas
Include budgeting formulas to estimate direct and indirect costs, operating and non-operating revenues 19 reviewers of Syft have provided feedback on this feature.
What-If
Test the potential financial impact of business decisions on revenues and expenses This feature was mentioned in 18 Syft reviews.
Budget Periods
Users can customize standard budget periods (3, 9, or 12 months) 19 reviewers of Syft have provided feedback on this feature.
Budget Management (3)
Consolidation
Based on 21 Syft reviews. Consolidate multiple budgets from different departments or business entities
Adjustments
Users with administrative access rights can modify budgets 22 reviewers of Syft have provided feedback on this feature.
Workflows
Based on 19 Syft reviews. Workflows are used to define the steps required to alter budgets and who needs to approve changes
Forecasting (5)
Historical Data
Forecasting is based on past transactions and historical financial or operational data 20 reviewers of Syft have provided feedback on this feature.
Reforecast
As reported in 19 Syft reviews. Ability to recreate forecasts to include new information that may impact budgets
Forecast Types
As reported in 19 Syft reviews. Support multiple types of forecasts such as balance sheet and cash flow forecasts
Rolling Forecasts
Used to review and update budgeting assumptions for a predefined period (usually one year) 19 reviewers of Syft have provided feedback on this feature.
AI
Uses AI algorithms and models to predict future trends and outcomes, based on historical data and patterns This feature was mentioned in 15 Syft reviews.
Analytics (7)
Variance Analysis
Based on 20 Syft reviews. Project out as the year progresses to accommodate trends that affect key business drivers.
Forecasts Comparison
compare Income Statement, Balance Sheet, and Cash Flow for multiple periods 20 reviewers of Syft have provided feedback on this feature.
Forward Looking
Based on 19 Syft reviews. Forward-looking Balance Sheet and Cash Flow Statements are synchronized with GL data
Variance Analysis
As reported in 13 Syft reviews. Project out as the year progresses to accommodate trends that affect key business drivers.
Reports
Generate cash flow reports in order to see where money is coming in and where it's going This feature was mentioned in 13 Syft reviews.
Forecast Comparison
As reported in 13 Syft reviews. Compare Income Statement, Balance Sheet, and Cash Flow for multiple periods
Forward Looking
As reported in 13 Syft reviews. Forward-looking Balance Sheet and Cash Flow Statements are synchronized with GL data
Data Management (3)
Data Import
As reported in 39 Syft reviews. Financial information can be imported from multiple sources such as spreadsheets, text files, or databases
Data Consolidation
As reported in 38 Syft reviews. Data from multiple systems can be centralized into a single repository
Data Validation
Financial data can be validated to avoid duplicates and errors 38 reviewers of Syft have provided feedback on this feature.
Reporting Structure (3)
Reporting Hierarchy
Administrators can define and manage the reporting structure and access rights to each report 37 reviewers of Syft have provided feedback on this feature.
Report Templates
As reported in 38 Syft reviews. Templates that can be used to create new reports without starting from scratch
Report Types
Provide multiple types of reports such as point-in-time or snapshot reports, year over year, or time to date This feature was mentioned in 38 Syft reviews.
Standard Analytics (4)
Standard KPIs
Include most common financial KPIs such as gross and net profit margin, or working capital 36 reviewers of Syft have provided feedback on this feature.
Standard Reports
Standard financial reports are provided out of the box 38 reviewers of Syft have provided feedback on this feature.
Financial Statements
As reported in 39 Syft reviews. Ability to analyze financial statements such as income statement and balance sheet
Drill Down
Users can drill down to the detail level of each transaction or financial entry This feature was mentioned in 37 Syft reviews.
Custom Analytics (5)
Dashboards
Dashboards can be customized to display different types of data from various sources This feature was mentioned in 37 Syft reviews.
Custom KPIs
Users can modify standard financial KPIs and metrics This feature was mentioned in 36 Syft reviews.
Custom Reports
Allow users to edit reports and to combine multiple reports 38 reviewers of Syft have provided feedback on this feature.
Self Service
A dedicated portal for external users with limited access to the system 37 reviewers of Syft have provided feedback on this feature.
Multiple Entities
As reported in 30 Syft reviews. Monitors the financial performance of multiple entities
Cash Flow Management (3)
File Exports
As reported in 13 Syft reviews. Timesheets, projects, tasks, income or expenses can all easily be exported to pdf, xls or csv for simpel cash clow analysis.
Income and Expenses
Add one-time or recurring items to your cash flow and add line items for each payment or deposit. This feature was mentioned in 13 Syft reviews.
Track Cash Flow
Check your cash on hand at the beginning of each month and view each day incoming and outgoing funds. 13 reviewers of Syft have provided feedback on this feature.
Cash Flow Forecasting (5)
Historical Data
Cash flow forecasting is based on past transactions and historical financial or operational data This feature was mentioned in 13 Syft reviews.
Reforecast
Based on 13 Syft reviews. Ability to recreate forecasts to include new information that may impact budgets
Forecast Types
Support multiple types of forecasts such as balance sheet and cash flow forecasts 13 reviewers of Syft have provided feedback on this feature.
Rolling Forecasts
Used to review and update budgeting assumptions for a predefined period (usually one year) 13 reviewers of Syft have provided feedback on this feature.
AI
Based on 12 Syft reviews. Uses AI algorithms and models to predict future cash flow trends and outcomes, based on historical data and patterns
Financial Data Transfer (5)
Data Transfer
Automates the transfer of data between an organization's ERP system and its bank 13 reviewers of Syft have provided feedback on this feature.
Data Exchange
Streamlines the exchange of information between internal systems 13 reviewers of Syft have provided feedback on this feature.
Reporting
Automatically extracts data required for cash forecasting and liquity reporting This feature was mentioned in 13 Syft reviews.
Access
As reported in 13 Syft reviews. Restricts access to certain users within an organization, or provides access for third parties
Integration
As reported in 12 Syft reviews. Integrates with other financial software, such as Treasury Management, Budgeting & Foreasting, or Invoice Management software
Financial Planning (3)
Extended Planning
Analysis that creates business plans outside of finance, including sales, marketing, or HR.
Reporting
Reports on departmental KPI metrics measured against targets.
Integration
Consolidates planning processes across an organization into a single solution.
Agentic AI - Cash Flow Management (1)
Autonomous Task Execution
Capability to perform complex tasks without constant human input
Agentic AI - FP&A (Financial Planning & Analysis) (2)
Proactive Assistance
Anticipates needs and offers suggestions without prompting
Decision Making
Makes informed choices based on available data and objectives
Agentic AI - Budgeting and Forecasting (3)
Natural Language Interaction
Engages in human-like conversation for task delegation
Proactive Assistance
Anticipates needs and offers suggestions without prompting
Decision Making
Makes informed choices based on available data and objectives
Agentic AI - Financial Analysis (2)
Cross-system Integration
Works across multiple software systems or databases
Decision Making
Makes informed choices based on available data and objectives
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