FYIsoft Review - why 2.8 stars?

FYIsoft Review
ITQlick Score: 62/100
ITQlick Rating: (2.8/5)
Pricing: 8/10 - high cost
Category: Financial reporting -> FYIsoft
Ranking:Ranked 4 out of 6 Financial reporting systems
Company: FYIsoft
Typical customers: Small, medium and large size businesses
Platforms: Cloud
Links: FYIsoft pricing, FYIsoft alternatives

Shlomi LaviShlomi Lavi / updated: Mar 21, 2020

We publish unbiased reviews, our opinions are our own and are not influenced by payments from advertisers. Learn more in our advertiser disclosure.

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.

What is FYIsoft rating? ()

The rating of FYIsoft is 2.8 stars out of 5 and the total score is 62 out of 100. The ratings are based on our unbiased experts. Learn more in our rating methodology page

Who are FYIsoft's typical customers?

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

Is FYIsoft the best Financial reporting?

FYIsoft is ranked 4 out of 6 software in their category (Financial reporting systems).

What are FYIsoft's pros? (3 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

What are FYIsoft's cons? (2 cons)

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

Who are their main alternatives?

Popular alternatives to FYIsoft: Qvinci, Rephop, ECOWIN PRO, Pamar Collection System. The full list of competitors can be found here.

What is the cost of FYIsoft?

What is the REAL total cost of implementation? on top of the total cost of licenses which is easy to calculate you need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 8 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for FYIsoft

What should you ask FYIsoft during a demo session? (65 questions)

Schedule a demo with FYIsoft and access 65 must ask questions for the vendor while watching FYIsoft in action.

Is it the right software for you?

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.

FYIsoft's list of categories:

Accounting & Finance
Audit Management
Financial reporting
Financial consolidation

FYIsoft Vs. Alternatives

ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score ITQlick Score is a 1 to 100 score, based on pricing, and functionality Vs. alternative solutions
Pricing pricing Score is a 1 to 10 score, based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality
Review
Compare
FYIsoft
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
62/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
8/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Functionality
4
Compare
Qvinci
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
90/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.6/10
License pricing license pricing (if provided by the software vendor)
$4.95 per user/month
Functionality
5
Review
Rephop
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
78/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
3/10
License pricing license pricing (if provided by the software vendor)
$425 per month
Functionality
11
Review
ECOWIN
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
62/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
6.2/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Functionality
5
Review
Pamar
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
57/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
4.4/10
License pricing license pricing (if provided by the software vendor)
$150 per user/month
Functionality
5
Review
Author
Shlomi Lavi - admin

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.