When Picking a General Ledger Software For Your Company, What Features Do You Have On Your Wishlist?

General ledger software has a simple goal: to make the day-to-day accounting operations of any business faster and cleaner. General ledger software is vastly important to the accuracy and reliability of a business’s accounting department, and is not an area to skimp on quality.

As such, shopping around for FMS software is an investment, and not one to take lightly. When searching for your company’s next general ledger softer, what features are at the top of your wishlist?

The following features are baked into the powerful general ledger software offered by Flexi:

  • Real-time financial visibility and reporting
  • Continuous close capability
  • Multi-entity consolidations
  • Multi-currency conversions
  • Detailed drilldown to supporting transactions and documents
  • Superior audit and compliance built-ins
  • Pull data from different GLs into a standard format
  • Generate reports with just a few simple clicks
  • Distribute hundreds or thousands of reports with complete confidence

How FlexiLedger® can help your business succeed

Flexi’s powerful general ledger software, FlexiLedger®, is flexible enough to stand alone and integrate with any third party system, but it is even more powerful within Flexi’s robust financial management software, which is uniquely designed to allow financial data within the core general ledger to flow securely wherever it is needed, in real-time.. This secure, integrated solution delivers full automation of journal recordings and postings throughout the entire FlexiFinancials suite, including AP, AR, fixed asset spending and tracking, and more.

For 25+ years, Flexi’s general ledger software has served industries such as banking, insurance, and healthcare, where superior security, speed, and performance are always paramount. Request a demo and see how Flexi’s general ledger offering can transform your accounting department.

Flexi

Flexi offers a full suite of products to help your accounting staff perform and deliver–and save time while doing it.

With Flexi, you can streamline and automate labor-intensive financial management functions using accounts payable, general ledger, project management, and fixed asset solutions.

Flexi is an industry leader for a reason. With expertise in all aspects of accounting and 25 years experience, the Flexi team can offer the best of the best. Even better, Flexi offers cloud-based web services that not only streamline processes, but also make data accessible 24/7 from any device with an internet connection.

Learn more about Flexi accounting software solutions, or call 800-353-9492 to set up a demo today.

Here’s Why Our Fixed Asset Management Software Is Ahead of the Curve

Flexi’s Fixed Asset Management Software, FlexiAssets®, is ahead of the curve, providing a cloud-based solution that brings together the management of capital projects, assets, accounts payable, and your general ledger in a fully integrated software solution.

With the help of Flexi’s accounting software solutions, you can easily examine expenditures against available project budgets, associating them to fixed assets that seamlessly flow into your general ledger software and create a tightly integrated ecosystem.

FlexiAssets® greatly simplifies the ability to track assets across multiple locations, departments or companies, under multiple depreciation schedules, and with easy reference to underlying invoices and projects, all just a click away.

Additional highlights of Flexi’s fixed asset management software include:

  • Manage the entire lifecycle of fixed assets including acquisition, depreciation, adjustments, and disposal
  • Easily track and report real-time asset values and depreciation forecasts without the need for box reports
  • Control project spending with the ability to track in real-time against budget
  • Manage multiple depreciation methods (Flexi supports two dozen different methods out of the box)
  • Manage compliance with the ability to maintain multiple books simultaneously and receive ongoing updates to policies, such as bonus depreciation
  • When integrated with our full platform, fixed asset management tracking becomes even easier with integrated data that posts in real-time throughout GL, payables, purchasing and other affected modules

As with all of Flexi’s products, Flexi’s fixed asset management software is flexible and available as a stand-alone product, but it is extremely powerful when deployed as part of Flexi’s comprehensive financial management software.

With all applications securely and tightly integrated, you can nsure efficient, accurate, and timely management of capital projects, assets, AP, GL, and more—all in real time.

For more details, download Flexi’s fixed asset management software data sheet.

Flexi

Flexi offers a full suite of products to help your accounting staff perform and deliver–and save time while doing it.

With Flexi, you can streamline and automate labor-intensive financial management functions using accounts payable, general ledger, project management, and fixed asset solutions.

Flexi is an industry leader for a reason. With expertise in all aspects of accounting and 25 years experience, the Flexi team can offer the best of the best. Even better, Flexi offers cloud-based web services that not only streamline processes, but also make data accessible 24/7 from any device with an internet connection.

Learn more about Flexi accounting software solutions, or call 800-353-9492 to set up a demo today.

Flexi Offers the Insurance Industry a Great New Accounting Tool

The insurance industry depends on adept accounting software, and Flexi’s software currently supports nearly 2,000 insurance and healthcare companies. Flexi’s 25+ year history is rooted in serving industries where security, compliance, speed and performance are paramount; industries including the insurance field.

Flexi’s software integrates with policy, billing, and claims systems, creating superior efficiency and accuracy. Government entities also rely on Flexi to efficiently manage claim processing needs associated with healthcare programs and disaster relief assistance.

Watch a video to learn how Flexi is uniquely designed to help insurance companies manage complex regulatory requirements and adapt to changing market demands.

Flexi’s insurance accounting software capabilities

Flexi’s insurance accounting software offers the following capabilities and benefits:

  • Statutory set of books
  • Departmental P&Ls
  • Claim payments and draft
  • Premiums recognition
  • Detailed record of billings
  • Chart of Accounts Master
  • 1099 processing
  • Powerful allocations

Flexible software

Flexi is aptly named for its flexible software capabilities. Flexi’s open architecture allows flexibility to choose stand-alone modules as business needs dictate. But insurance companies will gain the ultimate speed and power with Flexi’s financial management software platform, uniquely designed to allow financial data to flow securely wherever it is needed.

Additionally, Flexi software does so much more:

  • Additional automation provides better security, more internal controls, and less risk of human error
  • Stronger reporting, including ability to facilitate the creation of statutory reports
  • Ability to quickly adapt for ever-changing compliance requirements
  • Simplified multi-book accounting enables users to track GAAP, statutory, and adjust simultaneously
  • Provide better security, more internal controls, less manual intervention, and stronger reporting for maintaining compliance requirements

Flexi

Flexi offers a full suite of products to help your accounting staff perform and deliver–and save time while doing it.

With Flexi, you can streamline and automate labor-intensive financial management functions using accounts payable, general ledger, project management, and fixed asset solutions.

Flexi is an industry leader for a reason. With expertise in all aspects of accounting and 25 years experience, the Flexi team can offer the best of the best. Even better, Flexi offers cloud-based web services that not only streamline processes, but also make data accessible 24/7 from any device with an internet connection.

Learn more about Flexi accounting software solutions, or call 800-353-9492 to set up a demo today.

Faster Period Close Is Important – Here’s Why Flexi Software Is Up to the Task

Closing the books faster is a permanent goal in the accounting sphere, but a successful close can’t just be fast–it also needs to be reliable and accurate. Flexi’s 25+ year history is rooted in serving industries where the need for security, performance, and speed are paramount —particularly the need for a faster period close.

Flexi’s robust accounting software is uniquely designed to enable a continuous close process, even in the most challenging environments:

  • Real-time financial data
  • Multi-entity consolidations
  • Real-time, consolidated financial reporting
  • Detailed drill down capability to simplify audit and compliance
  • Multi-currency conversions

Flexi customers gain the ability to move seamlessly through the entire close process—soft close, adjustment period, and final close—with time to spare (and a lot less stress along the way).

Close the books quickly—and accurately

Unlike other accounting systems, Flexi was purposefully built to enable a faster period close, with every step of the process carefully designed within one single platform. This seamless integration of native apps allows real-time financial data to easily flow, wherever it is needed.

This design delivers superior speed and accuracy, ensuring a smooth progression through soft close to final close, with the ability to answer all the auditor’s questions before, during and after.

With Flexi cloud-based software, the following can be accomplished with ease:

  • Consolidate ALL your company financials in real time
  • Convert multi-currencies into a common currency
  • Pull data from different GLs into a standard format
  • Generate reports with just a few simple clicks
  • Distribute thousands of reports with complete confidence

Provide answers to all the auditor’s questions

Learn more about the many benefits you’ll experience with Flexi’s financial management software, saving your organization time, money, and stress.

Flexi

Flexi offers a full suite of products to help your accounting staff perform and deliver–and save time while doing it.

With Flexi, you can streamline and automate labor-intensive financial management functions using accounts payable, general ledger, project management, and fixed asset solutions.

Flexi is an industry leader for a reason. With expertise in all aspects of accounting and 25 years experience, the Flexi team can offer the best of the best. Even better, Flexi offers cloud-based web services that not only streamline processes, but also make data accessible 24/7 from any device with an internet connection.

Learn more about Flexi accounting software solutions, or call 800-353-9492 to set up a demo today.

Why Having a Process Driven Accounting Software is Important

Flexi offers process-driven financial management software. Flexi’s comprehensive financial management software simplifies and automates the entire accounting workflow process, without compromising security. Flexi’s open architecture meets even the most stringent security requirements yet allows data to flow seamlessly with any system, whenever and wherever business needs dictate.

Flexi delivers all the rich features you’d expect in a top tier accounting solution, but without the high cost. With quick implementation that can be deployed on-premises, in the cloud or in a hybrid environment, Flexi will not only simplify your accounting processes today, but also will have you ready to adapt quickly to market or business changes in your future.

Process-Driven Financial Management Software:

Built by Accountants, for Accountants

Flexi’s powerful accounting software was built to simplify the complex processes that accountants face every day. Flexi understands how stressful the period close is, how complicated multi-entity books can be, and how frustrating audits are when accurate reporting is not easily available.

The team at Flexi scrutinized every step of the process and developed accounting solutions with a sophisticated level of financial intelligence built into every module, designed to simplify every step of the process.

Flexi’s single platform is designed to allow data to flow seamlessly; integrated from one process to the next (illustrated here). So when it comes time to close the books, you have the data at your fingertips to move easily from soft close, period close, and handle all the auditor’s questions along the way.

Flexi

Flexi offers a full suite of products to help your accounting staff perform and deliver–and save time while doing it.

With Flexi, you can streamline and automate labor-intensive financial management functions using accounts payable, general ledger, project management, and fixed asset solutions.

Flexi is an industry leader for a reason. With expertise in all aspects of accounting and 25 years experience, the Flexi team can offer the best of the best. Even better, Flexi offers cloud-based web services that not only streamline processes, but also make data accessible 24/7 from any device with an internet connection. Learn more about Flexi accounting software solutions, or call 800-353-9492 to set up a demo today.

Why Banks & Financial Institutions Love Using Flexi for their Accounting Software

Many financial institutions feel stuck with software that’s not ideal for accounting. But Flexi works with your bank’s existing system to make it better, making it a top choice for banks and financial institutions. Whatever level of pain you’re experiencing with your accounting system, Flexi can alleviate with flexible banking accounting software.

you’ll agree that “good enough” is never enough for financials!

Flexi’s enterprise accounting platform works with your bank’s accounting system to make it better, with features like a world-class general ledger and financial reporting system.

Flexi’s 25+ year history is rooted in serving financial institutions around the world, including banks and credit unions. Flexi has built a platform around the unique needs of this industry, which requires superior security, speed and performance. With Flexi, you’ll enjoy:

  • Daily close capability
  • Real-time financial reporting
  • Built-in audit and compliance
  • Multi-entity consolidations
  • Workflow automation

Integration That Improves Any Bank’s Accounting Software

Flexi’s open architecture allows you to choose the software that is right for your bank. We can integrate stand-alone modules like the general ledger software or financial reporting system into your existing banking accounting system. Or you can gain the ultimate speed and power with the entire financial management software platform, which is uniquely designed to allow financial data within the core general ledger to flow securely wherever it is needed, in real-time.

Benefits

Use of Flexi’s accounting software for your bank or financial institution will entitle your organization to these benefits, among many more:

  1. Continuous Close Capability
  2. Automated, Workflow-Driven Processes
  3. Multi-Entity Financial Management
  4. Real-Time Visibility
  5. Complete Audit Trail and Compliance Documentation
  6. Streamlined Reporting with Flexi’s Cloud Financial Report Writer

Flexi’s Suite of Accounting Solutions

Flexi offers a full suite of products to help your accounting staff perform and deliver–and save time while doing it.

With Flexi, you can streamline and automate labor-intensive financial management functions using accounts payable, general ledger, project management, and fixed asset solutions.

Flexi is an industry leader for a reason. With expertise in all aspects of accounting and 25 years experience, the Flexi team can offer the best of the best. Even better, Flexi offers cloud-based web services that not only streamline processes, but also make data accessible 24/7 from any device with an internet connection.

Learn more about Flexi accounting software solutions, or call 800-353-9492 to set up a demo today.

Enterprise Accounting Software – Features That Make One Better Than the Other

Flexi creates forward-thinking accounting software with the enterprise in mind.

Flexi’s open architecture ensures that your finance and accounting software is ready to grow with your changing business needs.

Features that make Flexi so ideal for enterprise accounting include:

  • Business growth. Some of the toughest accounting challenges involve the close, consolidation, and reporting for multi-entities, multiple currencies, or acquisition activity that requires the consolidation of diverse financial systems. With Flexi you can handle it all with ease and confidence.
  • Integration, now and later. Flexi understands that your accounting system is at the heart of your entire business operation. This financial data needs to integrate with new software and applications that evolve, and Flexi’s open API architecture provides that flexibility.
  • Further automation. Accounting is moving toward automation. In fact, Deloitte and others refer to the future of ‘finance factories.’ Flexi is a trusted partner dedicated to helping customers safely transition with accounting software that will grow with you, as business needs dictate.
  • Remain competitive. Flexi helps you stay competitive with the accounting tools and controls needed to proactively adapt to changing regulatory and market demands. With Flexi, you can spend less time chasing lagging data and more time contributing key insights to business decisions.

Flexi solutions help enterprises…

  1. Improve Business Performance
  2. Reduce Expenses
  3. Enable Collaboration
  4. Increase Security
  5. Share Information
  6. Are Proactive
  7. Increase Confidence
  8. Gain Flexibility
  9. Eliminate Unnecessary Expenses
  10. Enforce Payment Discipline
  11. Bill Promptly
  12. Increase Efficiency
  13. Streamline Performance
  14. Simplify Distribution

Read more ways that Flexi solutions work with enterprises as a one-stop shop.

Flexi offers a full suite of products to help your accounting staff perform and deliver–and save time while doing it.

With Flexi, you can streamline and automate labor-intensive financial management functions using accounts payable, general ledger, project management, and fixed asset solutions.

Flexi is an industry leader for a reason. With expertise in all aspects of accounting and 25 years experience, the Flexi team can offer the best of the best. Even better, Flexi offers cloud-based web services that not only streamline processes, but also make data accessible 24/7 from any device with an internet connection. Learn more about Flexi accounting software solutions, or call 800-353-9492 to set up a demo today.

6 Reasons Why Flexi is an Unbeatable Accounting Software

Through a secure, enterprise platform, Flexi automates the entire accounting workflow process and delivers ROI in months. As a result, your finance team can spend far less time on the close, consolidation and reporting processes—and more time being strategic and proactive.

With Flexi, you won’t be stuck with a costly system that leaves you unable to adapt to changing market or business needs. As the name implies, Flexi offers extreme flexibility in every way. From deployment options, implementation and setup of business rules, to integrations with other systems, Flexi has got you covered.

6 Reasons Why Flexi is an Unbeatable Accounting Software

  1. Continuous Close Capability – Flexi gives you the ability to conduct preliminary ‘soft close’ periods at any time, while the system continues to account for financial transactions in the meantime. You’ll have plenty of time to review and adjust financials in preparation for your hard close deadlines, with complete confidence in the accuracy of your reports.
  2. Automated, Workflow-Driven Processes – Flexi’s powerful workflow engine mirrors your accounting processes electronically. Based on your business rules, tasks can be automated – saving time and removing the risk of costly mistakes. You remain in control with a complete archive – all available 24/7 from anywhere, through any device.
  3. Multi-Entity Financial Management – Consolidating multiple general ledgers, company/franchise financial statements, and/or multiple currencies can easily consume days or weeks of time. Flexi simplifies even the most complex accounting environments and easily converts all of this disparate data into standardized, board-ready reports almost instantaneously. Learn more about Flexi’s multi–entity financial management  capabilities.
  4. Real-Time Visibility – View, analyze and report real-time financial data, ensuring business decisions are always based on accurate, timely data. With Flexi, you’ll have everything you need at your fingertips to visualize your financial position and make real-time business decisions.
  5. Complete Audit Trail and Compliance Documentation – Flexi provides immediate access to all details behind a transaction. Because each accounting module is part of the same system (including Flexi’s general ledger), you can easily drill down into all transactions and trace all the way back to the original journal entries, including a visual map of the workflow and approvals.
  6. Streamlined Reporting with Flexi’s Cloud Financial Report Writer – Flexi’s proprietary cloud financial reporting software will make you look good every time. Easily generate perfectly formatted reports and distribute the right data to the right people – even for complex multi-national companies. Reports can be shared in Excel or web-based format and accessed anytime, through any device.

Flexi

Flexi offers a full suite of products to help your accounting staff perform and deliver–and save time while doing it.

With Flexi, you can streamline and automate labor-intensive financial management functions using accounts payable, general ledger, project management, and fixed asset solutions.

Flexi is an industry leader for a reason. With expertise in all aspects of accounting and 25 years experience, the Flexi team can offer the best of the best. Even better, Flexi offers cloud-based web services that not only streamline processes, but also make data accessible 24/7 from any device with an internet connection.

Learn more about Flexi accounting software solutions, or call 800-353-9492 to set up a demo today.

Why Our General Ledger Software Can Save you Precious Time

Closing the books accurately takes time. Fortunately, Flexi General Ledger Software, FlexiLedger®, is designed to save your organization precious time. With features like automation, the FlexiLedger® program can help your organization close the books quickly and accurately, allowing your staff time to focus their efforts on strategy and advisory for current and future clients.

FlexiLedger® is flexible enough to stand-alone and integrate with any third party system, but it is even more powerful within the robust financial management software offered by Flexi. This secure, integrated solution delivers full automation of journal recordings and postings throughout the entire FlexiFinancials suite, including AP, AR, fixed asset spending and tracking, and more.

Unique features of Flexi’s general ledger software include:

  • Real-time financial visibility and reporting
  • Continuous close capability
  • Multi-entity consolidations
  • Multi-currency conversions
  • Detailed drilldown to supporting transactions and documents
  • Superior audit and compliance built-ins

For 25+ years, Flexi’s general ledger software has served industries such as banking, insurance, and healthcare, where superior security, speed, and performance are paramount.

FlexiLedger® is the right software for your organization is you seek to:

  • Consolidate all your company financials in real-time
  • Convert multi-currencies into a common currency
  • Pull data from different GLs into a standard format
  • Generate reports with just a few simple clicks
  • Distribute hundreds or thousands of reports with complete confidence
  • Answers to all the auditor’s questions

Request a demo and see how Flexi can transform your accounting department.

Flexi

Saving time is important when your accounting team is under pressure to perform. Flexi offers a full suite of products to help your accounting staff perform and deliver–and save time while doing it.

With Flexi, you can streamline and automate labor-intensive financial management functions using accounts payable, general ledger, project management, and fixed asset solutions.

Flexi is an industry leader for a reason. With expertise in all aspects of accounting and 25 years experience, the Flexi team can offer the best of the best. Even better, Flexi offers cloud-based web services that not only streamline processes, but also make data accessible 24/7 from any device with an internet connection.

Learn more about Flexi accounting software solutions, or call 800-353-9492 to set up a demo today.

Security and Accounting Go Hand in Hand – Here’s the Whys and Hows

A common reason cited for not initiating a shift towards cloud-based software is the potential security concerns the cloud could bring. Because the cloud is not housed on-site, the preconceived notion is that data is less secure and more easily hacked because it is not closely guarded by the organization’s own infrastructure.

In fact, security breaches are more often caused by human error than they are by the technology being unsecure. While software providers continue to enhance security measures, most recently by implementing multi-factor authentication, humans remain the weakest link in terms of data security. A recent report found that up to 95% of security breaches are caused by human error.

How to prioritize security

Because human error is such a driver of security breaches, the first step in ensuring security of your organizational data is employee training. Before providing login credentials to staff users, employees should be fully trained. Additionally, regular check-ins to refresh users and provide new information are helpful, as well as producing an organizational knowledge base as a quick reference for users.

Because cybersecurity threats are ever-evolving, routine training (for all members of the organization, even IT staff) should be made mandatory.

Common sense practices

To keep your employees and your data safe, periodically ask your employees the following to keep them aware:

  • Do you keep company information on your mobile device?
  • Do you have security precautions in place, such as data encryption and multi-factor authentication?
  • Do you lock your computer when you step away from your desk?
  • Are the security questions set up for your account easily answered through access of your social media accounts?

Flexi

Security is important, and using a software provider who understands your security concerns is the first step towards ease of mind.

With Flexi, you can streamline and automate labor-intensive financial management functions using accounts payable, general ledger, project management, and fixed asset solutions.

Flexi is an industry leader for a reason. With expertise in all aspects of accounting and 25 years experience, the Flexi team can offer the best of the best. Even better, Flexi offers cloud-based web services that not only streamline processes, but also make data accessible 24/7 from any device with an internet connection.

Learn more about Flexi accounting software solutions, or call 800-353-9492 to set up a demo today.