

Transform your financial data into actionable insights with the FP&A platform built by Finance Professionals for Finance Professionals



Frequently Asked Questions
Simfiny Reporting Software integrates data from popular accounting / ERP software into a centralized data store. Simfiny is also a fully-functional reporting engine and can be used to view and search your data, generate financial statements, reports, presentations, custom FP&A analysis, and can also export data to other popular software packages. Simfiny functions using the Excel platform.
The Simfiny Reporting Software was created in 2018 and has been in active development and operation since that time.
While many solutions claim to be created by finance professionals, Simfiny Solutions Inc. was founded by Dino Di Flavio and Mathieu Lupien, both CPAs registered with professional orders with extensive industry experience. Both founders completed their training at PriceWaterhouseCoopers (PwC) and have a combined experience in accountancy & finance of over 50 years. They held various titles and roles between them including CFO, partner, internal control/SOX consultant, process improvement and change management consultant, and various other roles within the accounting profession.
It typically takes between 1 to 2 weeks to install Simfiny and create the main reporting structure. The implementation time largely depends on the complexity of your organization and the number of different reporting entities & software systems involved.
No. Simfiny requires minimal support from your IT department, often limited to an Administrator’s authorization to install Simfiny on individual computers. Some installations require a shared drive space on a centralized server, usually accomplished by creating a shared drive and/or directory to be shared among Simfiny users.
Yes, Simfiny can combine data from different accounting and/or ERP systems so that data is consistent and centralized. Simfiny can also be used to combine the results of potential acquisitions to generate the predicted impact on operations.
Control weaknesses are inherent with the use of Excel. Spreadsheets are often prone to human error and lack the rigor of a full-fledged system including consistent processing, change logs, and testing. While some risks can be mitigated (e.g: proper design, maintenance, locking cells, passwords), these controls are only effective to the extent of the designer’s knowledge of controls and risks and their ability to oversee the integrity of the spreadsheets. Organizations often rely on key individuals to develop spreadsheets which can lead to complex and varying model structures that are often only completely understood by the creator. This can lead to difficulty in transferring knowledge, training new employees, and exposure to the departure of key employees. Simfiny is easy to learn, tasks and reports can quickly be transferred to new employees, change logs exist for critical processes, and Simfiny will always process data using consistent and uniform rules.
No, Simfiny is not a macro or a collection of macros and/or native Excel functions and formulas. Simfiny is currently a compilation of over 100,000 lines of software code developed by Simfiny Solutions Inc. While advanced users can mimic some functionality, Simfiny can summarize and organize data using controls, algorithms, and functions that are simply not available to Excel users.

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Montreal, Quebec, Canada
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