Syft Features
What are the features of Syft?
Data Management
- Data Import
- Data Consolidation
- Data Validation
Reporting Structure
- Reporting Hierarchy
- Report Templates
- Report Types
Standard Analytics
- Standard KPIs
- Standard Reports
- Financial Statements
- Drill Down
Custom Analytics
- Dashboards
- Custom KPIs
- Custom Reports
- Self Service
- Multiple Entities
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Syft Categories on G2
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Financial Insight
Budgeting | Uses collected data to assist organizations in understanding what they can afford now, and in years to come. | Not enough data | |
Forecasting | Creates a continuous and recurrent planning process that can be calculated according to a specified and customizable timeline. | Not enough data | |
Planning | Leverages data from budgeting and forecasting processes to help corporations understand their reality and make decisions accordingly. | Not enough data |
Data
Data Visualization | Offers methods of visualizing data via customizable dashboards, statistical graphs, and charts. | Not enough data | |
Data Analysis | Scours data for actionable insights. | Not enough data | |
Custom Reporting | Allows users to customize their own reports according to business needs. | Not enough data | |
Reporting Templates | Provides pre-built reporting templates to organize data for payroll, manufacturing, and other company factions. | Not enough data |
Status Communication
Collaboration | Allows for searchable communication within the tool via notes, checklists, and discussions to ensure clarity between users. | Not enough data | |
Version Control | Reflects updates immediately, ensuring users have the most recent data while maintaining records of past performance. | Not enough data | |
Real-Time Data Updates | Updates varying factors in real-time, assuring forecasts and inferences are continually made according to the most recent information. | Not enough data | |
Scorecards | Displays and shares company performance data to increase transparency across the board. | Not enough data |
Budget Creation
Data Import | Import trial balance, monthly P&L, balance sheets, and other types of financial data This feature was mentioned in 22 Syft reviews. | 89% (Based on 22 reviews) | |
Budget Hierarchies | Define budget structure elements and how they are linked hierarchically This feature was mentioned in 21 Syft reviews. | 82% (Based on 21 reviews) | |
Versioning | Keeps track of all versions of a budget and allows users to compare versions This feature was mentioned in 19 Syft reviews. | 83% (Based on 19 reviews) | |
Formulas | Include budgeting formulas to estimate direct and indirect costs, operating and non-operating revenues This feature was mentioned in 19 Syft reviews. | 80% (Based on 19 reviews) | |
What-If | As reported in 18 Syft reviews. Test the potential financial impact of business decisions on revenues and expenses | 75% (Based on 18 reviews) | |
Budget Periods | As reported in 19 Syft reviews. Users can customize standard budget periods (3, 9, or 12 months) | 86% (Based on 19 reviews) |
Budget Management
Consolidation | Consolidate multiple budgets from different departments or business entities This feature was mentioned in 21 Syft reviews. | 85% (Based on 21 reviews) | |
Adjustments | Users with administrative access rights can modify budgets 22 reviewers of Syft have provided feedback on this feature. | 86% (Based on 22 reviews) | |
Workflows | As reported in 19 Syft reviews. Workflows are used to define the steps required to alter budgets and who needs to approve changes | 81% (Based on 19 reviews) |
Forecasting
Historical Data | Forecasting is based on past transactions and historical financial or operational data This feature was mentioned in 20 Syft reviews. | 84% (Based on 20 reviews) | |
Reforecast | As reported in 19 Syft reviews. Ability to recreate forecasts to include new information that may impact budgets | 82% (Based on 19 reviews) | |
Forecast Types | Support multiple types of forecasts such as balance sheet and cash flow forecasts 19 reviewers of Syft have provided feedback on this feature. | 85% (Based on 19 reviews) | |
Rolling Forecasts | Based on 19 Syft reviews. Used to review and update budgeting assumptions for a predefined period (usually one year) | 88% (Based on 19 reviews) | |
AI | Based on 15 Syft reviews. Uses AI algorithms and models to predict future trends and outcomes, based on historical data and patterns | 86% (Based on 15 reviews) |
Analytics
Variance Analysis | As reported in 20 Syft reviews. Project out as the year progresses to accommodate trends that affect key business drivers. | 88% (Based on 20 reviews) | |
Forecasts Comparison | compare Income Statement, Balance Sheet, and Cash Flow for multiple periods This feature was mentioned in 20 Syft reviews. | 82% (Based on 20 reviews) | |
Forward Looking | Forward-looking Balance Sheet and Cash Flow Statements are synchronized with GL data 19 reviewers of Syft have provided feedback on this feature. | 86% (Based on 19 reviews) | |
Variance Analysis | Project out as the year progresses to accommodate trends that affect key business drivers. 13 reviewers of Syft have provided feedback on this feature. | 87% (Based on 13 reviews) | |
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. | 91% (Based on 13 reviews) | |
Forecast Comparison | Compare Income Statement, Balance Sheet, and Cash Flow for multiple periods 13 reviewers of Syft have provided feedback on this feature. | 86% (Based on 13 reviews) | |
Forward Looking | Forward-looking Balance Sheet and Cash Flow Statements are synchronized with GL data This feature was mentioned in 13 Syft reviews. | 85% (Based on 13 reviews) |
Data Management
Data Import | Financial information can be imported from multiple sources such as spreadsheets, text files, or databases This feature was mentioned in 39 Syft reviews. | 92% (Based on 39 reviews) | |
Data Consolidation | Based on 38 Syft reviews. Data from multiple systems can be centralized into a single repository | 92% (Based on 38 reviews) | |
Data Validation | As reported in 38 Syft reviews. Financial data can be validated to avoid duplicates and errors | 90% (Based on 38 reviews) |
Reporting Structure
Reporting Hierarchy | Based on 37 Syft reviews. Administrators can define and manage the reporting structure and access rights to each report | 90% (Based on 37 reviews) | |
Report Templates | Templates that can be used to create new reports without starting from scratch This feature was mentioned in 38 Syft reviews. | 93% (Based on 38 reviews) | |
Report Types | As reported in 38 Syft reviews. Provide multiple types of reports such as point-in-time or snapshot reports, year over year, or time to date | 91% (Based on 38 reviews) |
Standard Analytics
Standard KPIs | Based on 36 Syft reviews. Include most common financial KPIs such as gross and net profit margin, or working capital | 89% (Based on 36 reviews) | |
Standard Reports | Based on 38 Syft reviews. Standard financial reports are provided out of the box | 90% (Based on 38 reviews) | |
Financial Statements | See feature definition | Ability to analyze financial statements such as income statement and balance sheet 39 reviewers of Syft have provided feedback on this feature. | 91% (Based on 39 reviews) |
Drill Down | Based on 37 Syft reviews. Users can drill down to the detail level of each transaction or financial entry | 87% (Based on 37 reviews) |
Custom Analytics
Dashboards | Based on 37 Syft reviews. Dashboards can be customized to display different types of data from various sources | 88% (Based on 37 reviews) | |
Custom KPIs | Users can modify standard financial KPIs and metrics 36 reviewers of Syft have provided feedback on this feature. | 85% (Based on 36 reviews) | |
Custom Reports | Allow users to edit reports and to combine multiple reports 38 reviewers of Syft have provided feedback on this feature. | 87% (Based on 38 reviews) | |
Self Service | As reported in 37 Syft reviews. A dedicated portal for external users with limited access to the system | 85% (Based on 37 reviews) | |
Multiple Entities | Monitors the financial performance of multiple entities 30 reviewers of Syft have provided feedback on this feature. | 89% (Based on 30 reviews) |
Cash Flow Management
File Exports | Timesheets, projects, tasks, income or expenses can all easily be exported to pdf, xls or csv for simpel cash clow analysis. 13 reviewers of Syft have provided feedback on this feature. | 90% (Based on 13 reviews) | |
Income and Expenses | Add one-time or recurring items to your cash flow and add line items for each payment or deposit. 13 reviewers of Syft have provided feedback on this feature. | 92% (Based on 13 reviews) | |
Track Cash Flow | As reported in 13 Syft reviews. Check your cash on hand at the beginning of each month and view each day incoming and outgoing funds. | 88% (Based on 13 reviews) |
Cash Flow Forecasting
Historical Data | Cash flow forecasting is based on past transactions and historical financial or operational data This feature was mentioned in 13 Syft reviews. | 91% (Based on 13 reviews) | |
Reforecast | Ability to recreate forecasts to include new information that may impact budgets This feature was mentioned in 13 Syft reviews. | 87% (Based on 13 reviews) | |
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. | 86% (Based on 13 reviews) | |
Rolling Forecasts | As reported in 13 Syft reviews. Used to review and update budgeting assumptions for a predefined period (usually one year) | 86% (Based on 13 reviews) | |
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 | 85% (Based on 12 reviews) |
Financial Data Transfer
Data Transfer | Based on 13 Syft reviews. Automates the transfer of data between an organization's ERP system and its bank | 90% (Based on 13 reviews) | |
Data Exchange | Streamlines the exchange of information between internal systems 13 reviewers of Syft have provided feedback on this feature. | 86% (Based on 13 reviews) | |
Reporting | As reported in 13 Syft reviews. Automatically extracts data required for cash forecasting and liquity reporting | 91% (Based on 13 reviews) | |
Access | Based on 13 Syft reviews. Restricts access to certain users within an organization, or provides access for third parties | 90% (Based on 13 reviews) | |
Integration | As reported in 12 Syft reviews. Integrates with other financial software, such as Treasury Management, Budgeting & Foreasting, or Invoice Management software | 90% (Based on 12 reviews) |
Financial Planning
Extended Planning | Analysis that creates business plans outside of finance, including sales, marketing, or HR. | Not enough data | |
Reporting | Reports on departmental KPI metrics measured against targets. | Not enough data | |
Integration | Consolidates planning processes across an organization into a single solution. | Not enough data |
Agentic AI - Cash Flow Management
Autonomous Task Execution | Capability to perform complex tasks without constant human input | Not enough data |
Agentic AI - FP&A (Financial Planning & Analysis)
Proactive Assistance | Anticipates needs and offers suggestions without prompting | Not enough data | |
Decision Making | Makes informed choices based on available data and objectives | Not enough data |
Agentic AI - Budgeting and Forecasting
Natural Language Interaction | Engages in human-like conversation for task delegation | Not enough data | |
Proactive Assistance | Anticipates needs and offers suggestions without prompting | Not enough data | |
Decision Making | Makes informed choices based on available data and objectives | Not enough data |
Agentic AI - Financial Analysis
Cross-system Integration | Works across multiple software systems or databases | Not enough data | |
Decision Making | Makes informed choices based on available data and objectives | Not enough data |
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