Accounting.BI vs Syft - Alternative to Syft Analytics

November 26, 2024

Choosing the right financial reporting tool can feel overwhelming, but the right features make all the difference. If you’re looking for powerful customization, seamless integrations, and real cost savings, Accounting.BI is your ideal choice. Unlike Syft Analytics, Accounting.BI lets you tailor dashboards with familiar tools like Excel and Power BI while keeping costs low and flexibility high. Ready to elevate your financial insights?

Here’s why Accounting.BI is the best decision for your business.

Advantages of Accounting.BI Over Syft

1. Flexibility and Customization

Accounting.BI: Offers unparalleled flexibility, allowing users to connect over 100 data sources and sync accounting data from platforms like Xero and Sage directly into familiar tools such as Excel and Power BI. This means businesses can create fully customized dashboards and reports tailored to their specific needs without being restricted by pre-designed templates.

Syft Analytics: While Syft offers pre-built templates that are easy to use, the customization options are limited. It’s ideal for businesses looking for quick plug-and-play solutions but lacks the depth needed for tailored financial reporting.

Advantage: Accounting.BI excels in providing a versatile platform for businesses that demand highly personalized reports, making it the superior choice for organizations with unique needs.

2. Cost Comparison

Accounting.BI: Starts at £5/month for a single organization and scales up to £100/month for 20 organizations, offering a cost-effective solution, especially for businesses managing multiple entities.
Syft Analytics: Starts at $19/month and scales up to $79/month, with custom pricing for entities beyond ten. It can become more expensive when managing multiple organizations.

Accounting.BI offers substantial savings compared to Syft. Here’s a detailed comparison:

Feature	Syft	Accounting.BI	Percentage Savings
Standard Plan	$19/month	£5/month for 1 organization	73.68%
Plus Plan	$39/month	£25/month for 5 organizations	35.90%
Advanced Plan	$79/month	£50/month for 10 organizations	36.71%
More than 10 entities	Contact us	£100/month for 20 organizations	Custom pricing

These savings above highlight the cost-effectiveness of Accounting.BI compared to Syft.

The Advantage: With Accounting.BI, you gain substantial savings—especially if you’re handling multiple organizations—while still accessing premium features that rival or surpass Syft Analytics.

3. Industry-Leading Integrations

Accounting.BI seamlessly integrates into your existing ecosystem, giving you the freedom to streamline operations like never before:

Microsoft Office Suite: Work smarter with direct integration into Excel and Power BI, leveraging their powerful features to craft detailed, visually stunning reports.
Diverse Data Compatibility: Accounting.BI links effortlessly with hundreds of data sources, enabling comprehensive insights and forecasting.

Meanwhile, Syft Analytics, while integrating with platforms like QuickBooks and Shopify, lacks the depth of integration for tools like Power BI that are vital for advanced analytics.

Advantage: While both tools offer integrations, Accounting.BI’s compatibility with Power BI and its ability to link numerous data sources gives it a significant edge.

4. Scalability and Growth Support

Accounting.BI: Designed to grow with your business. Its pricing structure and robust capabilities make it ideal for small businesses scaling to manage multiple entities or large corporations with complex financial needs. Whether you’re managing one organization or twenty, Accounting.BI adapts to your requirements without breaking the bank.
Syft Analytics: While scalable, its pricing escalates quickly, particularly for businesses managing multiple entities. Beyond 10 entities, the pricing model becomes less transparent and more expensive.

Advantage: Accounting.BI’s tiered pricing and scalable features provide a clear path for growing businesses, offering cost-effective growth opportunities.

5. User Experience and Support

Accounting.BI: While offering advanced capabilities, Accounting.BI ensures a smooth experience by leveraging familiar tools like Excel and Power BI, minimizing the learning curve for most users. Its comprehensive customer support, detailed guides, and onboarding resources empower businesses to unlock the full potential of the platform with ease.
Syft Analytics: With a simplified, beginner-friendly interface, Syft Analytics is easy to set up and use. However, its lack of depth in handling advanced, customized reporting can limit its utility for businesses with more complex needs. Its support system, though effective, is less robust for detailed guidance compared to Accounting.BI.

For businesses that value a powerful yet accessible tool backed by strong support, Accounting.BI provides the perfect balance of advanced functionality and user-centric resources, making it the clear choice for long-term success.

Advantage: For businesses seeking a balance of ease and depth, Accounting.BI’s familiarity and strong support make it the smarter long-term choice.

6. Industry Trust and Proven Results

Accounting.BI: Trusted by financial professionals, Accounting.BI has a growing reputation for helping businesses save time, reduce costs, and improve decision-making. Its focus on real-time data and custom reporting makes it a favorite among accountants and business owners alike.
Syft Analytics: While it provides interactive dashboards and AI-powered insights, it often appeals more to businesses that prefer a simpler, ready-to-go solution. It lacks the robust reputation Accounting.BI has built in the professional financial space.

Advantage: Accounting.BI is ideal for professionals who value customization, real-time updates, and a proven track record of delivering impactful results.

Remarkable Features of Accounting.BI

Now, let’s explore the remarkable features of Accounting.BI:

Accounting.BI is a comprehensive accounting business intelligence system that offers extensive features, cost savings, and unparalleled flexibility. With the ability to connect to various data sources, customise reports, and receive expert support. Our online FP&A solution empowers business owners & accounting firms to make informed decisions and provide valuable insights to their clients.

Our Key Features include:

Xero & Sage Consolidation: Effortlessly connect and report on multiple Xero or Sage organisations.
Printable Financial Statements: Access professional management accounting reports that update in real-time.
Dynamic Management Accounting Reports in Excel & PowerBI: Gain dynamic insights into your business performance.
Ownership of Intellectual Property: Retain ownership of your management reports and financial dashboards.
ACCA & AAT Qualified Support: Receive expert guidance from our in-house team of accountants.
Access to Excel and PowerBI Experts: Communicate directly with our team of experts.
Forecasting & Budgeting: Set up dynamic connections between your dashboard and our Excel-based budgeting solutions.
Daily Cashflow Forecasting: Stay updated with real-time data feeds to your Xero or Sage organisation.
User Level Reporting Restrictions: Control access and ensure data privacy within your organisation.
Custom Functions: Create any KPI or calculation you desire.
DAX Programming: Leverage your PowerBI Developer or seek assistance from our in-house team.

Take Control of Your Financial Insights Today!

Ready to elevate your financial reporting and make smarter business decisions? With Accounting.BI, you get the flexibility, customization, and cost-effectiveness your business deserves. Start transforming your data into actionable insights using tools you already know, like Excel and Power BI—all without breaking the bank.

👉 Sign up for Accounting.BI now and experience the smarter way to manage your financial data!

Don’t wait—join the growing number of businesses choosing Accounting.BI for unparalleled financial reporting. Your business deserves the best!

learn more

Why is PowerBI important for Accountants?

As an accountant, you may find yourself referring to multiple sources to track the performance of your client’s cash flow, profitability, business trends and even bookkeeping cycle. What if you could access those results and comparisons automatically refreshed, on-demand, from your tablet, smartphone, PC, or even wearable device? Business intelligence and data visualisation systems can provide accountants with – the critical data and organisation summary in a custom format in one (or more) visuals or a dashboard. One of these powerful business intelligence tools is PowerBI.

Power BI: What is DAX?

DAX (Data Analysis Expressions) is a formula expression language developed by Microsoft to interact with data in different analysis services and visualisation tools platforms like Power BI, PowerPivot and SSAS tabular models. DAX can seem familiar to competent excel users as the language uses similar formulas and expressions.