Dynac logo

Dynac

by Dynac · Since 2002
No reviews yet
ActiveAvailable globallyCloudOn-premise
Quick facts
VendorDynac
Year launched2002
StatusActive
Location514 Eliza Crescent Burlington, Ontario Canada, L7L6C9
Countries servedGlobal
Languages9
IntegrationsN/A
Free tierN/A
Free trialN/A
Contact salesYES

About Dynac

Dynac is a financial planning and analysis software from Dynac that integrates operations and finance departments. It provides dynamic budgeting, forecasting, and customizable reports that automatically refresh using Excel. This functionality helps organizations simplify their financial processes while maintaining familiarity with Excel tools. Dynac enables users to analyze financial data in real-time and supports collaboration across departments for more informed decision-making. With a focus on financial management, it is designed to meet the demands of modern businesses. Key capabilities: dynamic budgeting customizable reports real-time analysis Excel integration inter-departmental collaboration Best for: finance professionals that need to improve financial reporting and planning efficiency.

Dynac is a comprehensive FP&A (Financial Planning & Analysis) software designed to bridge the gap between finance and operations for organizations navigating complex and unpredictable business environments. It empowers teams to plan, monitor, and act with confidence, providing full visibility into organizational performance and financial health regardless of the ERP system in use. Dynac integrates dynamic AI-driven budgeting, forecasting, and rolling forecasts with scenario planning, revenue planning, and department-level reporting, allowing businesses to anticipate challenges and make data-driven decisions. Its robust monthly and management reporting, variance analysis, and profitability analysis capabilities enable precise performance evaluation across all departments. The platform supports complex functions like consolidation, allocations, international exchange, mergers and acquisitions planning, and CapEx management, ensuring that finance teams can handle multi-entity operations with ease. Additionally, Dynac promotes collaborative planning through shared dashboards, Power BI integration, and workflow alignment, allowing finance and operational teams to work cohesively. Cash flow, sales, workforce, and payroll planning modules ensure holistic financial oversight, while scenario simulations and deferred revenue forecasting enhance strategic decision-making.

Pros & Cons

Pros
  • Consolidation and translation features simplify creation of complex financial reports efficiently.
  • Dramatically improves budgeting and financial reporting across multiple departments and systems.
  • Easy-to-use interface allows users to generate reports without extensive training.
  • Reliable customer support ensures timely help for troubleshooting and guidance.
  • Software evolves continuously, adding new features to enhance financial management capabilities.
Cons
  • Lack of cloud accessibility limits remote access and flexibility for users.
  • Forecast updates require manual refreshing, making real-time adjustments time-consuming.
  • Limited ability to adjust forecasts on consolidated financial statements accurately.
  • Some users find the interface less intuitive for advanced financial modeling tasks.
  • Certain features may feel restrictive for complex multi-entity budgeting scenarios.

Features

Key features

Dynamic AI Budgeting

Automates budgeting and rolling forecasts using AI for accurate, forward-looking financial planning.

Scenario Planning

Simulates multiple business scenarios to evaluate potential outcomes and inform decisions.

Monthly & Management Reporting

Provides comprehensive reporting with variance and profitability analysis.

Consolidation & Allocations

Consolidates data across entities and allocates costs accurately, including international exchange.

Collaborative Planning

Enables teamwork through shared dashboards and collaborative workflows.

Cash Flow & Sales Planning

Forecasts cash requirements and sales performance for operational efficiency.

Mergers, Acquisitions & CapEx Planning

Supports strategic financial initiatives and investment decisions.

Additional features

Dynamic AI Budgeting

Uses AI algorithms to create adaptive, accurate budgets and rolling forecasts.

Scenario Planning

Tests multiple “what-if” scenarios to anticipate business risks and opportunities.

Revenue Planning

Plans revenue streams across products, departments, and entities.

Department Reporting & Planning

Provides detailed financial visibility at departmental levels.

Deferred Revenue Forecasting

Manages revenue recognition and forecasts deferred revenue.

Variance Analysis

Compares actual vs. planned performance to identify discrepancies.

Profitability Analysis

Evaluates profitability across products, services, and departments.

Consolidation & Allocations

Combines financials across entities, applying accurate cost allocations.

Power BI Dashboards

Visualizes financial and operational data for executive insights.

Workforce & Payroll Planning

Supports personnel cost management and overall workforce planning.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
9
Interface languages
16
Billing currencies

Interface languages

EnglishSpanishFrenchGermanItalianPortugueseChineseJapaneseKorean

Billing currencies

🇺🇸USD🇨🇦CAD🇪🇺EUR🇬🇧GBP🇦🇺AUD🇯🇵JPY🇨🇳CNY🇮🇳INR🇨🇭CHF🇷🇺RUB🇲🇽MXN🇧🇷BRL🇿🇦ZAR🇰🇷KRW🇹🇷TRY🇳🇿NZD

No reviews yet

Be the first to drop a review

Alternatives to Dynac

The Finance Suite logo

The Finance Suite

The Finance Suite is a financial management software from Authority Finance that supports better revenue…

Priority Software BA logo

Priority Software BA

Priority Software BA is a budget accounting software from Priority Software, Inc that provides a…

Realogic Budget logo

Realogic Budget

Realogic Budget is a budgeting software from Realogic that assists organizations in managing their financial…

REACH logo

REACH

REACH is a content management software from Reach that focuses on managing web accessibility. It…

Cost Tracker for Jira Cloud logo

Cost Tracker for Jira Cloud

Cost Tracker for Jira Cloud by SaaSJet is a Jira-focused project cost management and financial…

Oracle Cloud EPM Planning logo

Oracle Cloud EPM Planning

Oracle Cloud EPM Planning is a financial planning and analysis (FP&A) solution that connects operational…

Spot something wrong or outdated?

Suggest a correction — a reviewer verifies every change.

Often compared with Dynac

Compare any two tools →
The Finance Suite logo
The Finance Suite
Budgeting
0.0
Priority Software BA logo
Priority Software BA
Budgeting
0.0
Realogic Budget logo
Realogic Budget
Budgeting
0.0
REACH logo
REACH
Budgeting
0.0