FYIsoft Review - why 2.8 stars?

FYIsoft Review
ITQlick Score: 62/100
ITQlick Rating:
Pricing: 8/10 - high cost
Category: Financial reporting -> FYIsoft review
Ranking:Ranked 5 out of 7 Financial reporting systems
Company: FYIsoft
Typical customers: Small, medium and large size businesses
Platforms: Cloud
Links: FYIsoft pricing, FYIsoft alternatives
Shlomi LaviShlomi Lavi / updated: Apr 16, 2021

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What is FYIsoft?

FYIsoft is an AI-powered accounting software that allows analysts to automatically distribute finance related reports, and format them for presentation use. It also allows them to oversee general business operations using KPIs, benchmarking, as well as planning budgets through the use of preset data templates, approval workflow engines, and budget scenarios.

The highlight features of this software include multi-entity reporting, financial statement access, report library management, and custom security controls. FYIsoft Inc. is a private computer software company that has its main location in Naples, Florida, USA; it was founded in 2012, and currently has an employee count of within 50.

Who is it best for?

The typical customers include the following business size: Small, medium and large size businesses.

What is the actual cost?

ITQlick pricing score is 8 out of 10 (10 is most expensive). Access ITQlick pricing guide for FYIsoft.

Pros

  • The software is capable of merging row and column definitions during report creations
  • The Tax Reports function of this software is a representative of prepared tax returns
  • FYIsoft has a detail drill-down ability

Cons

  • It does not have printing function for now
  • Children elements cannot be selected by selecting the parent element as of yet

How it stacks up?

Access a head to head analysis of FYIsoft vs alternative software solutions.
ITQlick rating
Score
Pricing
License pricing
Functionality
Review
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FYIsoft
ITQlick rating
2.8/5
Score
62/100
Pricing
8/10
License pricing
Pricing not available
Functionality
4
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Qvinci
ITQlick rating
3.7/5
Score
90/100
Pricing
2.6/10
License pricing
$4.95 per user/month
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5
Review
Stratify
ITQlick rating
5/5
Score
82/100
Pricing
4/10
License pricing
Pricing not available
Functionality
10
Rephop
ITQlick rating
2.8/5
Score
78/100
Pricing
3/10
License pricing
$483.27 per month
Functionality
11
Review
ECOWIN P...
ITQlick rating
3.1/5
Score
62/100
Pricing
6.2/10
License pricing
Pricing not available
Functionality
5

Frequently Asked Questions (FAQs)

Is it the best Financial reporting system?

FYIsoft is ranked 5 out of 7 software in their category (Financial reporting systems).

How they are rated on ITQlick?

The rating of FYIsoft is 2.8 stars out of 5 and the total score is 62 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, FYIsoft makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

No, currently FYIsoft can't be accessed on mobile, you would need to access it from your computer.

What should we ask during a demo session?

Differences between FYIsoft and alternatives?

The most popular alternatives to FYIsoft in 2023: Qvinci, Stratify, Rephop, ECOWIN PRO, Pamar Collection. Access the complete competitors analysis here - FYIsoft VS Financial reporting Software alternatives.

Is FYIsoft right for you or your business?

FYIsoft is designed for small, medium and large sized organisations primarily in the financial services, insurance, utilities and accounting industries. Companies seeking to acquire insights into their overall corporate finances using a financial reporting solution would find FYIsoft suitable for their use. Sterno Products, Taco Bell, Applebee, and City Electric Supply are some of the representative customers of FYIsoft.

List of categories

Accounting & Finance
Audit Management
Financial reporting
Financial consolidation

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.