About Finance Navigator
Finance Navigator is a Corporate Performance Management platform from Opensky Data designed for agencies in receipt of Government funding. It combines Income360, research, and OpenSky Advisory Services so users can better track funding movements accurately. The platform supports low code development and utilizes Azure AI to assist in managing financial data effectively. Finance Navigator enables agencies to prepare for audits and monitor their financial health in real-time. By integrating advanced analytics and advisory services, users can make informed decisions regarding their funding sources. Key capabilities: Income360 Research OpenSky Advisory Services Low Code Azure AI Best for: Government-funded agencies that need to manage and audit their funding accurately.
Finance Navigator by OpenSky Data Systems is a cloud-based Business Intelligence and Corporate Performance Management platform specifically designed for agencies and organizations reliant on government funding, offering a robust solution for integrating financial data from multiple sources while ensuring compliance and audit readiness. The platform bridges the gap between traditional spreadsheets and a centralized database, providing a familiar yet reliable interface through its Spreadsheet Editor and Pivot Engine, allowing users to create customized reports, drill down into invoices, and maintain full transparency and traceability. Its standout feature, Income360, enables detailed tracking of funding movements, including restricted funds, ensuring that all expenditures are properly monitored and reported, while decentralized budgeting allows project managers and budget holders to input data with controlled access, automatically consolidating it for management review. Finance Navigator streamlines reporting, forecasting, and budget tracking, significantly reducing the administrative burden and eliminating the high error rates typically associated with manual spreadsheets. Integration with over 40 finance and accountancy systems ensures seamless data aggregation from existing ERPs and accounting software, while the web-based deployment guarantees cross-platform accessibility.
Pros & Cons
- +Automates capture and recording of funding letters to reduce administrative work.
- +Supports activity- and driver-based planning for all income streams.
- +Pivot engine and spreadsheet editor enable flexible, customized reporting.
- +Automatically consolidates budgets across multiple schools or units.
- −Pricing isn’t publicly disclosed and requires enquiry.
- −Focused on government-funded agencies, limiting relevance for private-sector organizations.
Features
Key features
- Integrated CPM and BI Platform
- Functions as a self-service, online Corporate Performance Management and Business Intelligence platform.
- Income360 Functionality
- A unique, custom-built feature for tracking and reporting expenditure and movements attributed to funding bodies (restricted funding).
- Integration with 40+ Finance Systems
- Connects with over 40 existing finance and accountancy systems to centralize data for reporting.
- Spreadsheet-like Flexibility in a Database
- Offers the flexibility of a spreadsheet (Excel formula compatibility) within the structure of an integrated database.
- Decentralized Budgeting with Control
- Allows delegation of budget entry and editing to budget holders/project managers, controlled by user authorizations, with management approval.
- Automated Regulatory Reporting
- Produces external reporting and annual accounts that fully comply with multiple, constantly changing funding guidelines.
Additional features
- Self-Service Online Platform
- Provides users with a self-service, online platform for reporting, forecasting, tracking, and budgeting.
- Business Intelligence Platform
- Functions as a Business Intelligence platform.
- Corporate Performance Management Platform
- Functions as a Corporate Performance Management platform.
- Integration with 40+ Finance Systems
- Integrates with over 40 existing finance data systems.
- Speeds Up Month-End Process
- Designed to speed up the month-end reporting process.
- Enables Forecasting
- Provides tools and capabilities for financial forecasting.
- Delivers Accurate Data
- Delivers accurate, quality financial data pertinent to mandatory funding audits.
- Pivot Engine
- Includes a Pivot Engine to create flexible reports.
- Spreadsheet Editor
- Includes a Spreadsheet Editor to create customized reports.
- Integrated Database
- Features an Integrated Database that holds all financial data.
- Excel Formulas & Functions Compatibility
- Compatible with standard Excel formulas and functions.
- Income360 Tracking and Reporting
- Custom-built feature for tracking and reporting on the expenditure and movements of income from funding bodies.
- Activity-Based Planning Support
- Supports the budgeting process with input models that allow for activity-based planning.
- Driver-Based Planning Support
- Supports the budgeting process with input models that allow for driver-based planning.
- Distribution of Income to Projects
- Includes the distribution of income to specific projects.
- Restricted Funding Tracking
- Enables the tracking of restricted funding.
- Data and Trend-Based Forecasting
- Enables organizations to develop accurate, data and trend-based forecasts.
- Automated Funding Letter Capture
- Features automated capture and recording of relevant data from funding letters pertinent to funding allocations.
- Detailed Funding Spend Tracking
- Tracks in detail how funds are being spent according to submitted budget and funding application.
- Budget Consolidation
- Automatically consolidates delegated budget entries from different parts of the organization.
- Project and Multi-Year Budget Handling
- Can handle both project budgets and multi-year budgets.
- Budgeted vs. Actual Insight
- Integration with accounting systems provides insight into budgeted versus actual spent.
- Cost and Personnel Allocation
- Users can allocate costs and employees per project.
Pricing
Countries & Languages
Available in
Interface languages
Billing currencies
No reviews yet
Be the first to drop a review
Alternatives to Finance Navigator
Payactiv
Payactiv is a financial wellness platform from Payactiv that provides access to earned wages before…
SmartSwitch
SmartSwitch is a payment processing platform from SmartSwitch Botswana that supports electronic transactions. It provides…
Savabien
Savabien is a management software from Savabien [designed for business operations]. It provides tools for…
About Finance Navigator
Finance Navigator is a Corporate Performance Management platform from Opensky Data designed for agencies in receipt of Government funding. It combines Income360, research, and OpenSky Advisory Services so users can better track funding movements accurately. The platform supports low code development and utilizes Azure AI to assist in managing financial data effectively. Finance Navigator enables agencies to prepare for audits and monitor their financial health in real-time. By integrating advanced analytics and advisory services, users can make informed decisions regarding their funding sources. Key capabilities: Income360 Research OpenSky Advisory Services Low Code Azure AI Best for: Government-funded agencies that need to manage and audit their funding accurately.
Finance Navigator Details
Finance Navigator's In-App Market Place
Does Finance Navigator have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
No
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), AUD (A$), CAD (C$), JPY (¥), CHF (CHF), CNY (¥), INR (₹), RUB (₽)
Pros & Cons
- Automates capture and recording of funding letters to reduce administrative work.
- Supports activity- and driver-based planning for all income streams.
- Pivot engine and spreadsheet editor enable flexible, customized reporting.
- Automatically consolidates budgets across multiple schools or units.
- Pricing isn’t publicly disclosed and requires enquiry.
- Focused on government-funded agencies, limiting relevance for private-sector organizations.
Finance Navigator's Support Options
Email Address
info@openskydata.comContact
+353-45-855675Finance Navigator's Alternatives
Payactiv
Payactiv is a financial wellness platform from Payactiv that provides access to earned wages before…
SmartSwitch
SmartSwitch is a payment processing platform from SmartSwitch Botswana that supports electronic transactions. It provides…
Savabien
Savabien is a management software from Savabien [designed for business operations]. It provides tools for…
