asyst:Financials logo

asyst:Financials

by Asyst International
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ActiveAvailable globallyCloud
Quick facts
VendorAsyst International
Year launched
StatusActive
Location19 lucile street, Risiville, South Africa
Countries servedGlobal
Languages11
Integrations1+
Free tier
Free trial
Contact salesYES

About asyst:Financials

Asyst:Financials is a financial management software from Asyst International that provides tools for managing financial data and operations. It includes budgeting, forecasting, and reporting features so organizations can maintain accurate financial oversight. This software supports real-time financial analysis, integrates with various accounting systems, and allows users to customize financial reports according to their specific needs. Key capabilities: budgeting forecasting reporting data integration customizable templates Best for: finance teams that need to manage and analyze their financial performance effectively.

Access Financials is a cloud-based financial management system built to handle the complex accounting needs of nonprofits, charities, government bodies, and medium-to-large organizations that require structured fund oversight. The platform is designed with an intuitive Microsoft-like interface, offering familiar navigation through configurable dashboards, smart search, and drill-down tools that make financial data easy to explore. Its standout capability lies in multi-dimensional ledgers, allowing organizations to report not just by account code but across multiple categories such as fund, branch, department, and project—an essential feature for fund accounting. The system integrates seamlessly with the Access Not-For-Profit CRM, connecting donors, grants, and financial data in one unified environment. Automation is another strength, with built-in tools for bank reconciliation via Open Banking, automated VAT and tax submissions, and self-service apps that let non-finance staff input data or approve tasks without navigating a full finance interface. For organizations managing multiple entities or currencies, Access Financials streamlines intercompany transactions and performs multi-entity consolidation within seconds, supported by a full audit trail and a structured month-end process that reduces errors.

Pros & Cons

What users like
  • +Asyst Financials can be used for all aspects of accounting functions.
  • +The software makes reporting, data entry, and customizing modules easy.
  • +Customer service staff are highly praised for their support and responsiveness.
  • +The system provides all necessary finance functions for organizations.
  • +The software integrates all modules, offering functionality comparable to more expensive systems.
What users flag
  • The software does not allow users to create custom reports directly within the system.
  • A more detailed step-by-step guide for implementation would be helpful for new users.
  • Setting up integration and automatic posting to the general ledger can be confusing.
  • Some users find understanding the relationships between modules challenging.
  • Updates must be applied universally across all towns or users, which may reduce flexibility.

Features

Key features

Multi-Dimensional Ledgers
Allows for comprehensive management, monitoring, and reporting using ledgers organized by branch, department, group, fund, or project.
Integrated Financial Platform
Combines core accounting, project, procurement, sales, and operations financial management into one powerful system.
Digital Tax Submission and VAT Automation
Calculates tax and VAT automatically and supports digital submission of tax returns.
Microsoft Office Integration
Allows users to input data, action approvals, and view reports directly within Microsoft Office products, including Outlook and Excel.
Cloud-Based Accessibility and Security
Offers access anywhere on any device, supported by enterprise-level security, automatic upgrades, and 100% uptime performance.
Intercompany and Multi-Entity Consolidation
Simplifies the management of transactions between different companies and facilitates consolidation across multiple entities.

Additional features

Powerful Core Accounting Software
Provides robust, essential accounting functionality for medium-large businesses and not-for-profit organizations.
Project Financial Management
Includes tools for managing the financial aspects of projects.
Procurement Financial Management
Includes tools for managing the financial aspects of purchasing and vendor processes.
Sales Financial Management
Includes tools for managing the financial aspects of sales and revenue generation.
Operations Financial Management
Includes tools for managing the financial aspects of business operations.
Modular Design
Allows organizations to build a customized, integrated financial system by selecting necessary components.
Streamline and Automate Complex Accounting Processes
Provides efficient tools to simplify and automatically handle difficult accounting tasks.
Core Ledgers to Credit Control
Includes everything needed to manage accounting processes from fundamental ledgers to debt management.
Automate Complex Accounting Processing
Executes difficult accounting processes without manual intervention.
Data Input by People Across the Organization
Allows various staff members to enter financial data into the system.
Action Approvals (Microsoft Office/Mobile Apps)
Enables users to process and approve financial actions directly within Microsoft Office applications and mobile apps.
View Reports (Microsoft Office/Mobile Apps)
Allows users to access and see financial reports from Microsoft Office applications and mobile apps.
Sophisticated Accounting Functionality
Offers advanced and complex accounting features beyond basic bookkeeping.
Highly Configurable
The system can be extensively customized to match the unique operational needs of an organization.
Multi-Dimensional Ledgers
Manages, monitors, and reports data based on dimensions like branch, department, group, fund, or project.
Intercompany Transactions Management
Easily handles financial transactions occurring between affiliated companies.
Multi-Entity Consolidation
Simplifies the process of combining financial data from multiple business entities.
Multi-Currency Accounting
Supports financial transactions and reporting in various international currencies.
Automated Rate Conversion
Automatically converts currency rates for transactions.
Automate Tax and VAT Calculation
Calculates tax and Value Added Tax as transactions occur.
Digital Tax Returns Submission
Allows for the electronic filing of tax documents.
Automate Bank Reconciliation
Matches bank statements with internal records automatically.
Manage Bank Reconciliation by Exception Only
Allows users to focus only on transactions that do not match automatically.
Interactive, Configurable Dashboards
Provides an instant, customizable visual overview of financial performance.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
11
Interface languages
9
Billing currencies

Interface languages

EnglishSpanishFrenchGermanItalianPortugueseDutchRussianChineseJapaneseKorean

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇦🇺AUD🇨🇦CAD🇯🇵JPY🇨🇳CNY🇮🇳INR🇷🇺RUB

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