FAST Finance Reporting logo

FAST Finance Reporting

by Millennium · Since 1994
No reviews yet
ActiveAvailable globallyCloud
Quick facts
VendorMillennium
Year launched1994
StatusActive
LocationMillennium Computer Systems Limited PO Box 24087 RPO Broadmead Victoria, BC Canada V8X 0B2
Countries servedGlobal
Languages5
Integrations
Free tier
Free trial
Contact salesYES

About FAST Finance Reporting

FAST Finance Reporting is a reporting software from Millennium that provides financial reporting solutions. It offers data visualization, customizable templates, and real-time analytics so users can generate accurate financial reports efficiently. The software supports various data sources and integrates with existing systems to simplify reporting processes. Users can create reports tailored to their specific needs, ensuring clarity and compliance with financial regulations. Key capabilities: data visualization customizable templates real-time analytics integration with data sources compliance reporting Best for: finance teams that need to produce detailed financial reports quickly and accurately.

FAST Financial Reporting is a comprehensive, web-based financial reporting platform designed specifically for higher education institutions, enabling them to access, analyze, and share financial data efficiently and securely. The platform integrates with major ERP systems such as Ellucian Banner, Oracle PeopleSoft, and other enterprise solutions, providing real-time visibility into actuals, commitments, and budgets. FAST allows users to generate detailed reports, from pre-built templates like Operating Statements, Balance Sheets, Trial Balances, and Position Control, to fully customized reports using its Financial Statement Editor. Its decentralized, self-service approach empowers account holders, departments, and researchers to drill down into granular financial transactions, track multi-year grant funding, and understand budget utilization without relying heavily on IT support. Enhanced security features control access at the menu, row, column, and field levels to ensure compliance with regulatory standards. Additional modules, such as WebReq for electronic requisitions, Accounts Receivable, Journal Vouchers, Purchasing Card management, and Research Administration, extend the functionality of FAST.

Pros & Cons

What users like
  • +Fast and efficient finance reporting improves productivity for business users.
  • +Intuitive and easy-to-use interface reduces learning time for new users.
  • +Cloud-based platform allows employees to access HR, billing, and sales.
  • +Provides valuable insights for mid-sized businesses, supporting better decision-making.
  • +Continuously improving features based on customer feedback enhances user experience.
What users flag
  • Limited experience duration may not reflect long-term software reliability accurately.
  • Some advanced features may require training for optimal usage.
  • Occasional minor issues reported, typical for new or updated features.
  • Integration with legacy systems may require technical setup or assistance.
  • Functionality may feel basic for large enterprises with complex needs.

Features

Key features

Decentralized Self-Service
Empowers account holders and departments to run reports independently.
Detailed Transaction Drill-Down
Access granular financial transaction data for complete transparency.
Pre-Built and Custom Reports
Use existing templates or create custom reports for unique needs.
Enhanced Security
Restrict access to menus, rows, columns, and fields to meet compliance.
Up-to-Date Information
Data warehouse refreshes nightly or on a set schedule for accuracy.
Financial Statement Editor
Customize reports based on specific groupings or business rules.
Integration with Major ERPs
Seamlessly connects with Ellucian Banner, Oracle PeopleSoft, and more.

Additional features

Decentralized Self-Service
Users can access reporting tools without IT dependency.
Detailed Transaction Drill-Down
Provides insights into individual financial transactions.
Pre-Built Reports
Includes templates such as Operating Statements, Balance Sheets, and Trial Balances.
Custom Report Builder
Financial Statement Editor allows tailoring of reports to organizational needs.
Enhanced Security Controls
Access restrictions at multiple levels ensure regulatory compliance.
Data Warehouse Management
Up-to-date and scheduled refreshes maintain accurate information.
WebReq Module
Streamlines requisitions, approvals, and internal work orders electronically.
Report Scheduler
Automates report distribution to individuals or groups on a scheduled basis.
Communication Centre
Supports direct two-way communication via SMS or email with stakeholders.
Form Generator
Create customized PDF reports with images, rich text, and formatting options.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
5
Interface languages
5
Billing currencies

Interface languages

EnglishSpanishFrenchGermanItalian

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇯🇵JPY🇦🇺AUD

No reviews yet

Be the first to drop a review

Alternatives to FAST Finance Reporting

HOA Start logo

HOA Start

HOA Start is a management software from Membershine, LLC that supports homeowners association operations. It…

The Finance Suite logo

The Finance Suite

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

Wave logo

Wave

Wave is an accounting software/platform from Wave Financial that provides tools for managing finances. It…

Syft Analytics logo

Syft Analytics

Syft Analytics is an interactive financial reporting tool from Syft that supports businesses, accountants, and…

Costlocker logo

Costlocker

Costlocker is a time and cost tracking platform designed for agencies to manage project profitability.…

Noveco logo

Noveco

Noveco is a certified SAP add-on designed to enhance and simplify the SAP Project System…

Often compared with FAST Finance Reporting

Compare any two tools →
HOA Start logo
HOA Start
Financial Reporting
0.0
The Finance Suite logo
The Finance Suite
Budgeting
0.0
Wave logo
Wave
Accounting
0.0
Syft Analytics logo
Syft Analytics
Financial Reporting
0.0