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Synoptix

Score7.5 out of 10

20 Reviews and Ratings

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Community insights

TrustRadius Insights for Synoptix are summaries of user sentiment data from TrustRadius reviews and, when necessary, third party data sources.

Business Problems Solved

Synoptix has been widely used by various organizations to enhance their financial reporting and analysis processes. Users have found great value in the system's ability to generate internal and external financial reports, which can be easily scheduled and distributed to individual departments in HTML or CSV formats. This functionality has significantly improved the visibility of accounts and enabled better decision-making based on accurate and up-to-date financial information.

One popular use case of Synoptix is its integration with ERP software such as Made2Manage. By pulling financial data from the ERP system, Synoptix enables users to create comprehensive reports that provide a deeper understanding of their organization's financial performance. This has proven to be particularly beneficial for accounting offices, as they can leverage Synoptix's user-friendly report writing tool to generate reports that are shared throughout their entire organization or college.

Additionally, Synoptix has been instrumental in streamlining year-end audits by providing the necessary reports and tools required during the audit process. Its efficient reporting capabilities allow users to create budget-to-actual comparisons spanning multiple years in just a matter of minutes. This not only saves time but also provides valuable insights into an organization's financial performance over time.

Moreover, Synoptix extends beyond financial reporting and analysis to help optimize manufacturing operations. By accessing and analyzing manufacturing data, it aids in determining optimal scheduling and workflows for improved efficiency and productivity.

The reliability of Synoptix is another aspect that users appreciate. The product rarely requires technical support, ensuring smooth and uninterrupted usage. It is designed to cater to multi-location organizations, allowing quick and reliable data retrieval from separate servers located in different states.

One notable example of how Synoptix has benefited an organization is Alvin Community College, which utilizes the software to create financial reports more efficiently. The college plans to expand the use of Synoptix for reporting in other departments as well.

Overall, Synoptix serves as a powerful tool for financial reporting, analysis, and decision-making. Its user-friendly interface, compatibility with ERP systems, and reliability make it a valuable asset for organizations across various industries.

Reviews

18 Reviews

Synoptix Review

Rating: 10 out of 10
Incentivized

Use Cases and Deployment Scope

We use Synoptix as a report writer. All end users who need access to our ERP data use Synoptix to view said data. Our ERP does not have quality reports built in and Synoptix allows us to build custom reports that address our reporting needs.

Pros

  • Cutom report building
  • Allows for easy accessibility control for end users
  • Simple interface
  • Great customer service and technical support

Cons

  • I wish there were some features from Excel that were included
  • Sometimes difficult to have both desktop and web versions be separate
  • Printed reports don't always look as good as when they are on the screen

Likelihood to Recommend

Synoptix has been great for us to allow end users access to the data and information they need to make informed decisions without letting them have full access to all ERP functions. It has also been very easy to create custom reports that meet our needs. It is also nimble enough to create quick reports that are needed with a small turnaround.
DJ
DEVON JENKS
Director of Budgeting and Accounting in Finance and Accounting at College of Southern Idaho (501-1000 employees)
Vetted Review
Synoptix
8 years of experience

Manageable

Rating: 6 out of 10
Incentivized

Use Cases and Deployment Scope

I use it as a financial tool. My current operating system doesn't show the accounts on the screen and I use Synotpix to run totals. I also use Synoptix to see if accounts are valid and if I am needing to create new accounts. I am learning how to prepare the financial statements in it as well.

Pros

  • I can see the accounts that I enter into the system
  • I like that it can create and use excel functions for reporting
  • Validate accounts

Cons

  • I don't like using many buttons to click into a window.
  • It isn't really user friendly - am using the desktop not the cloud

Likelihood to Recommend

Since our operating system doesn't let me see the account in real time I can in Synoptix and able to see current and other years.
AS
Alysia Stevens
Controller in Finance and Accounting at Linfield University (1001-5000 employees)
Vetted Review
Synoptix
1 year of experience

Synoptix and [...}

Rating: 8 out of 10
Incentivized

Use Cases and Deployment Scope

Create our financial statements and net asset details reports

Pros

  • summarize detailed ledger data
  • run same report quickly after it is created
  • easy set up of reports

Cons

  • lag time when I am working with a vpn
  • reminder if save hasn't happened before leaving set up screen

Likelihood to Recommend

The lag time and sometimes not saving are my only down sides. There are lots of time saving by being able to rerun information quickly month after month once report is set up.
MR
Melisa Ritchie
controller in Finance and Accounting at Oklahoma Christian University (501-1000 employees)
Vetted Review
Synoptix
8 years of experience

Love the quick way to compare budget vs actual on multiple accounts at once

Rating: 8 out of 10

Use Cases and Deployment Scope

I use it for analyzing budget data. I have some preset reports that I can easily modify for whatever accounts I want to quickly review. I like the fact that I can drill down to see the data behind the reported numbers. I would like to use it for more robust reporting and graphing. I just haven't gotten there yet. It is fairly intuitive, but does not work exactly like Excel. I appreciate that they continue to improve the functionality.

Pros

  • actual vs budget
  • historical values

Cons

  • graphing is complicated

Likelihood to Recommend

Financial reporting, snapshot data - very useful
VU
Verified User
Administrator in Finance and Accounting (51-200 employees)
Vetted Review
Synoptix
1 year of experience

Synoptix review

Rating: 6 out of 10

Use Cases and Deployment Scope

We use Synoptix for monthly reports to the Board of Governors. The reports are built to reflect the same format as the annual financial statements in the audit report.

Pros

  • Summarizing data
  • Ability to drill into transactions

Cons

  • Detailed user guide availability with FAQs

Likelihood to Recommend

I'm not well versed in using Synoptix. I'd like to see some beginner training provided for free, similar to the webinars.
PN
Pauline Newman
Accounting Services Director in Finance and Accounting at Western Nebraska Community College (201-500 employees)
Vetted Review
Synoptix
1 year of experience

Synoptix Accounting Report System

Rating: 10 out of 10

Use Cases and Deployment Scope

For Accounting financial statements. Balance Sheet, Income Statement. For reports to the Board and [...] State Government

Pros

  • Accounting Cell
  • Financial Statements
  • Reports

Cons

  • More training
  • Manuals available
  • Online Community

Likelihood to Recommend

Great product. Produces great reports and financial statements. Great for analysis and auditing.
JJ
Jomer Jimenez
Business and Finance Systems Analyst in Finance and Accounting at Elgin Community College (501-1000 employees)
Vetted Review
Synoptix
3 years of experience

Very bad solution, I wonder who uses it

Rating: 2 out of 10
Incentivized

Use Cases and Deployment Scope

The Finance department is using Synoptix to better work with budgets and spending around the institution.

Pros

  • Has a lot of flexibility
  • It is customizable

Cons

  • Hard to setup and install
  • Requires a lot of training as it could be confusing

Likelihood to Recommend

It is excellent if set up well, and users are well trained on how to use it as it is not very user-friendly. But to achieve that, you have to go through the hell of a setup. Support is not knowledgeable in some areas of the software, it is tough to set up and install, and when presented by salespeople, it is all great, but you need to invest a lot to pay it off.
VU
Verified User
Administrator in Information Technology (501-1000 employees)
Vetted Review
Synoptix
3 years of experience

Decent software that could use some updating but gets the job done

Rating: 7 out of 10
Incentivized

Use Cases and Deployment Scope

Synoptix is a tool which pulls financial info from our ERP software (Made2Manage) to provide better reports and visibility of our accounts.

Pros

  • Provides a single pane of glass for all accounting and GL reporting.
  • Easy to pull reports in a simple manner.
  • Fairly easy to train new employees on how to pull the information needed for their day to day jobs.

Cons

  • It has a poor install procedure which is not standard. It almost requires copying folders from an existing computer to the new install.
  • The update process is less than desirable. It seems like Compusoft needs to do a better job of testing before releasing updates.
  • The interface is a bit archaic. It looks more like a program from 20 years ago than one used today.

Likelihood to Recommend

Synoptix really has only one purpose and while it has some shortcomings, it does adequately perform its job.
TB
Tracy Burton
Network Administrator in Information Technology at Insight Lighting (51-200 employees)
Vetted Review
Synoptix
12 years of experience
View profile

Synoptix Review

Rating: 10 out of 10
Incentivized

Use Cases and Deployment Scope

Synoptix is currently our main system for building and reporting financial data. We have created nearly all of our internal and external financial reports using their system and scheduler to push reports to individual departments in HTML or CSV formats.

Pros

  • Easy report building interface with an query interface that allows financial users the ability to conduct complex queries without difficulty.
  • The ability to create reporting that allows us to review in-depth financial review by drilling down into accounts to find transnational data easily.
  • Easily maintained and monitored with simple upgrade installations and end point installation.
  • Great knowledge base for review and trouble-shooting.
  • Highly knowledgeable and easy to work with staff.

Cons

  • End point installations are a little confusing for some of our support staff. There's no direct installation wizard.

Likelihood to Recommend

By supporting our business office and utilizing Synoptix we have been able to reduce our Y/E closing procedures greatly and improve on our campus communication of account activities.
LM
Logan Morris
Business Analyst in Information Technology at The College of Idaho (201-500 employees)
Vetted Review
Synoptix
3 years of experience
View profile

Flexible and easy to use reporting tool

Rating: 9 out of 10

Use Cases and Deployment Scope

Synoptix is being used by the accounting and finance team for transactional reports, analysis reports, and preparing the financials each month. Synoptix allows us to create reports in a more flexible and time efficient way to get the data we need.

Pros

  • Financial Statements
  • Analysis Reports (including historical data)
  • Transactional reports

Cons

  • The scheduler could use improvement (the company is working on a new version)
  • Occasionally there is a bug in running the report

Likelihood to Recommend

Synoptix is a great tool for anyone who is running the financials manually from their ERP system and then manipulating them into the proper format. This tool can take hours (if not days) of work and turn it into a 5 minute job. I have also found a lot of value from running analysis reports. The ability to drill into the system to see individual transactions is incredibly valuable. While there are occasionally bugs with the system, the customer service team at Synoptix is very responsive and always ready to help. I enjoy working with them and would buy the software again.
JH
Jesse Harris
Controller in Finance and Accounting at The College of Idaho (201-500 employees)
Vetted Review
Synoptix
2 years of experience
View profile