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farseer

System for
financial planning

A single platform for planning, budgeting and real-time analytics of financial performance. Improve forecasts and reduce costs through detailed modelling and control of financial transactions.
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Effects of Farseer implementation

40 %
faster planning process than Excel
90 %
automation of manual work
96 %
Farseer customers cut costs
2 hours
daily saved on manual data entry
1 click
to build a forecast and report

We help businesses automate their financial system

Agribusiness

Agribusiness

Development and construction

Development and construction

Pharmaceuticals

Pharmaceuticals

Food & Beverages

Food & Beverages

Media

Media

Transport and logistics

Transport and logistics

Energy sector

Energy sector

Food industry

Food industry

IT industry

IT industry

Functions of the Farseer system

Budgeting and forecasting
Scenario planning
Accurate financial reporting
Consolidation
Staff accounting and HR strategy
Security
Farseer PL
  • Control of budgets

    Track your budget in real time and make quick adjustments to reflect financial changes. This way, you'll always be in line with your financial goals and market conditions.

  • Automated planning

    Use different scenarios for detailed financial planning. Changes are automatically synchronised across all models and reports, ensuring accurate and up-to-date information without manual input. This full integration reduces errors and simplifies financial planning.

  • Rolling forecasts

    Integrate rolling forecasts to keep your financial strategies up-to-date and accurate. This ongoing approach improves your financial management, enabling you to quickly adapt to market changes and gain a competitive advantage.

сценарне планування Farseer
  • Dynamic simulations

    Instantly simulate different scenarios to understand the potential impact on your business.

  • What if analysis

    Evaluate different strategies and their results by adjusting variables in real time.

  • Strategic scenario planning

    Prepare for different futures by modelling best, worst and most likely scenarios. Develop robust business strategies by analysing multiple future scenarios.

  • Risk management

    Identify potential risks and develop mitigation strategies. Optimise resource allocation based on modelled outcomes.

farseer фінансова звітність
  • Profit and loss management (P&L)

    Farseer helps you better understand your income and expenses by analysing every part of your profit and loss in one account. Easily find ways to reduce unnecessary expenses and increase your income.

  • Optimisation of cash flows (CashFlow)

    Ensure stable cash flow with comprehensive financial flow management. The system allows you to make an accurate forecast to maintain an optimal level of liquidity and smooth operation of financial transactions.

  • Accurate balance (Balance)

    Get a clear report of your company's financial position in a few clicks. The system's tools help you keep track of assets, liabilities and equity, ensuring accurate balance sheets and informed financial decisions.

  • Automatic dashboards

    Analyse important financial indicators in the form of interactive dashboards with a variety of filters and custom settings.

Консолідація даних farseer
  • Optimise data collection from different departments and locations

    Aggregate financial information from multiple departments or subsidiaries, even if they use different accounting systems and are located in different regions.

    Automate routine processes, ensure data consistency, and minimise errors to deliver accurate and timely financial reporting for confident business decisions.

  • Currency conversion

    Automatically convert currencies and stabilise reports against exchange rate fluctuations.

  • Support for accounting standards

    Farseer supports multiple accounting standards with built-in controls and checks to improve the accuracy and reliability of your financial data.

Farseer управління персоналом
  • Optimising the number of staff

    Align your team's capabilities with your business goals through effective staffing planning.

  • Consolidation of staff data

    Seamlessly consolidate workforce and payroll data across business units to provide the best possible strategy. Combine data from HR and financial systems to gain a better understanding of your employees' performance.

  • Scenario planning for staff

    Develop and evaluate multiple workforce scenarios to see how they impact your business goals and financial results. This proactive approach ensures that your organisation is prepared for fluctuations in demand, economic changes and new industry requirements.

  • Transparent accounting of KPIs

    Improve the way you track promotions and transfers, enabling accurate budgeting and efficient resource allocation across large organisations.

  • Compliance with international safety standards

    Farseer is ISO 27001 certified, which indicates strict requirements for security measures. Your data is protected from potential threats.

  • Monitoring

    Operational teams monitor and respond to threats around the clock, ensuring constant protection and peace of mind.

  • Data encryption

    All data transmitted over the Internet is encrypted during transmission using SSL encryption, which prevents interception and ensures confidentiality.

  • Flexibility and scalability

    The platform automatically scales with workload, ensuring consistent performance and reliability. Each client's application environment is isolated (one client), with dedicated databases and application instances, providing increased security and customisation.

  • Secure user authentication and authorisation

    Both internal and external authentication methods are supported to provide flexibility and security. Only authorised users have access to sensitive information.

Results of using the Farseer system

Centralised financial management

  • Effective budgeting, forecasting and cost control
  • Improving data transparency and the real state of the business
  • Optimal asset and resource management through intelligent analytics
  • Increase sales through accurate planning and analysis
  • Moving away from Excel and a bunch of spreadsheets
  • Optimising operating costs and improving financial efficiency
Results of using the Farseer system

Benefits of implementing Farseer

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Adaptability

The system is effective for completely different types of business and markets

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Speed

Working in real time allows you to make better management decisions quickly

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Accuracy

Automated data collection eliminates errors and makes reporting accurate and timely

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Data consolidation

Acts as a central source of truth for your business, improving teamwork and transparency across departments

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Intelligent analytics

In-depth assessment of financial implications after any decisions in the form of interactive reporting

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Flexibility

"What if" modelling takes place in real time and can be incorporated into official versions of the plan

Project implementation

01
Express diagnostics
Estimation (Fixed price)
Estimating the cost and duration of financial model development
Architecture
Drawing up a preliminary scheme of the financial IT landscape
Project plan
Preliminary assessment of the cost and implementation time of each of the system blocks (From and To)
02
Development of the company's financial model 
Development of IT architecture
Drawing up requirements for primary accounting bases and rules of exchange between them.
Development of methodologies
Development of a management chart of accounts, analytical sections, techniques of final and consolidated reporting, description of tools.

Development of financial structure and management accounting policy. Description of budgeting business processes, harmonisation of requests. Description of security requirements and tools.
Drafting a project charter
Approval of the project objectives, budget, and project plan. Identification of responsibilities and deadlines.
03
Implementation
Installation
Software installation and integration of the software product with the client's information databases. 
Configuring Farseer
Setting up the product for the required functions: summary and specific reporting, budgeting tools, management accounting, payment requests, business processes of approval, consolidation, etc.
Project launch
Training of employees and the competence centre, full transition to the system.
04
Corporate support
Support
Technical and consulting support
Refinement
If necessary, adjustment of certain programme settings for accounting of company finances are made as well as additional user training.
01
Express diagnostics
02
Development of the company's financial model 
03
Implementation
04
Corporate support
Estimation (Fixed price)
Estimating the cost and duration of financial model development
Architecture
Drawing up a preliminary scheme of the financial IT landscape
Project plan
Preliminary assessment of the cost and implementation time of each of the system blocks (From and To)
Development of IT architecture
Drawing up requirements for primary accounting bases and rules of exchange between them.
Development of methodologies
Development of a management chart of accounts, analytical sections, techniques of final and consolidated reporting, description of tools.

Development of financial structure and management accounting policy. Description of budgeting business processes, harmonisation of requests. Description of security requirements and tools.
Drafting a project charter
Approval of the project objectives, budget, and project plan. Identification of responsibilities and deadlines.
Installation
Software installation and integration of the software product with the client's information databases. 
Configuring Farseer
Setting up the product for the required functions: summary and specific reporting, budgeting tools, management accounting, payment requests, business processes of approval, consolidation, etc.
Project launch
Training of employees and the competence centre, full transition to the system.
Support
Technical and consulting support
Refinement
If necessary, adjustment of certain programme settings for accounting of company finances are made as well as additional user training.
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Learn more about Farseer's capabilities for your business during a consultation with an expert

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Frequently asked questions

What are the main functions of Farseer?

Farseer offers powerful features such as interactive dashboards, financial performance modelling, automated sales and revenue planning, scenario planning, integration with other business systems, and much more. All this is designed to improve the accuracy of financial planning and simplify decision-making.

How does Farseer help with budget planning?

Farseer automates the budgeting process, allowing you to easily create models that can be quickly adjusted based on real-world performance. This saves teams time and reduces the risk of errors that come with manual spreadsheet work.

How does Farseer help with financial forecasting?

Farseer automates the forecasting process, allowing you to quickly create dynamic forecasts based on up-to-date data. The platform supports multi-scenario forecasting, which allows you to model different scenarios and assess their impact on the company’s financial results. This significantly increases the accuracy of forecasts and helps to respond to changes in the business environment in a timely manner.

Is Farseer right for my industry?

The system specialises in a wide range of industries, including manufacturing, retail, pharmaceuticals, telecommunications and distribution. The platform is adapted for various types of businesses that require intensive planning and work with large amounts of data.

Can Farseer be integrated with other systems?

For example, Farseer supports integration with various business systems such as ERP, CRM and other solutions used in companies. This allows you to centralise data and automate its processing in your financial system.

Is my data safe with Farseer?

Yes, Farseer provides a high level of data security. The platform complies with international security standards, including ISO/IEC 27001 certification, which ensures that your information is protected from unauthorised access and loss.

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