Syft Analytics logo

Syft Analytics

Website: www.syftanalytics.com

Syft Analytics at a glance

Best for
Firms reporting across multiple accounting platforms
Pricing model
Per entity, tiered by volume
Deployment
Cloud
Regions
US, UK, AU, ZA, NZ
Key integrations
Xero, QuickBooks Online, Sage, Excel

Last reviewed . Pricing and features change frequently — confirm current details with the vendor.

Syft Analytics is a financial reporting and analytics platform that connects to Xero, QuickBooks Online, Sage, and Excel, producing consolidated reports, industry benchmarks, cash flow analyses, and forecasts from live ledger data.

How accounting firms use it

The practical draw is platform breadth. Firms with clients split across Xero, QuickBooks, and Sage would otherwise need either separate reporting tools or manual spreadsheet consolidation; here the same report templates run against all of them, including consolidations that span platforms within a single group.

Firms use it to produce recurring management accounts, board packs, and advisory reviews without rebuilding the output each period. Reports can be scheduled to send automatically, which turns monthly reporting from a task into a background process for clients on a fixed cycle.

Key features

Reporting includes visual dashboards, standard financial statements, ratio analysis, and cash flow tracking, all refreshed from the connected ledger. Multi-entity consolidation covers foreign currency translation and inter-company eliminations.

Industry benchmarking compares a client’s figures against aggregated sector data — useful for advisory conversations, since it frames performance against peers rather than only against prior periods. Forecasting supports scenario modelling with adjustable drivers.

Output can be white-labelled with firm branding and exported or delivered as live dashboards, and an interactive mode lets clients explore underlying figures rather than receiving a static PDF.

Who it’s best for

Firms building a reporting or advisory service line, particularly those serving clients on more than one accounting platform where a single-platform tool would leave gaps.

Practices working exclusively in the Xero ecosystem often find Fathom or Spotlight Reporting equally suitable, since both are deeply established there. Reach Reporting is the closest comparison on report design, and Jirav is the better fit where forecasting and headcount planning matter more than presentation.

Syft Analytics FAQ

Was Syft acquired by Sage?
Yes. Sage acquired the business, and it continues to operate as a standalone product supporting Xero, QuickBooks Online, and Excel alongside Sage ledgers. Multi-platform support has been retained, which matters for firms whose client base spans more than one accounting system.
Does it handle multi-entity consolidation?
Yes, including consolidation across different accounting platforms — a group with one company on Xero and another on QuickBooks can be consolidated into a single report set. Foreign currency translation and inter-company eliminations are supported.
What is industry benchmarking?
Client performance is compared against aggregated sector data, so a firm can show a client how their margins, liquidity, or cost ratios sit relative to comparable businesses. It is a common way of opening an advisory conversation that a standard set of management accounts does not prompt.
What are the main alternatives?
Fathom and Spotlight Reporting are the closest comparisons and are long-established in the UK, Australia, and New Zealand. Reach Reporting competes on report design and forecasting, and Jirav suits firms whose emphasis is forecasting and workforce planning rather than reporting.

Syft Analytics Alternatives

Other reporting & analytics tools for accounting firms, ordered by how much of Syft Analytics's functionality they cover.

Fathom logo

Fathom

Financial analysis and reporting tool combining visual reports, cash flow forecasting, and actionable insights for accounting firms.

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