OPENACCOUNTS

Financial Reporting Software

OpenAccounts is our fully integrated, award-winning financial reporting software. We designed the software to help lift the load from finance teams, so they can focus on adding value to the business.

Book a demo

"Image related to Financial Reporting Software"

How can it help you?

Thanks to the flexible modular design, OpenAccounts offers a breadth and depth of functionality through hundreds of enquiries and reports available as standard.

The solution can also easily be customised to meet specific business needs, connecting into a wide range of products that provide workflow, budgeting and forecasting tools to help you simplify your processes and improve efficiency.

Benefits

Boost efficiency

Improve how your organisation uses financial information, thanks to a single integrated system.

Simple to use

A simple and intuitive interface makes OpenAccounts easy for everyone to use. Forms-based access mirrors real processes.

Lift the load from the finance department

Share valuable information across the organisation and empower non-financial users to take on key tasks.

Full customer support

OpenAccounts is supported by an experienced implementation, consultancy and support team all based in the UK.

GDPR ready provider

Our product team work with you to support your journey to compliance ahead of May 2018.

Specialist sector functionality

We have sector-specific functionality, such as charity SORP and SOFA reporting capabilities, built into the system to enable you to comply with minimal effort.

Are you thinking about Making Tax Digital? Find out more

Key features

OpenAccounts is used extensively in mid-sized UK service organisations, with a concentration of users in business services, not-for-profit and housing associations.

In-depth financial accounting

Relieve the administrative burden on your finance team from transactional and processing activities. This helps them to focus on more strategic tasks in order to boost departmental efficiency.

Self-service capabilities

From expenses and timesheet management through to financial workflows and electronic updates, our OpenAccounts solution offers a wide range of self-service capabilities, allowing you to automate processes beyond your finance team, saving time and eliminating duplication of effort.

Remote control in a mobile world

OpenAccounts is optimised for multiple devices – from PCs, to smartphones and tablets – these enable people across your organisation and beyond to get involved in financial activities, each with differing levels of restricted access to the system based on their individual profile.

"OpenAccounts stood out from the competition because it combined exceptional ease of use with the best all-round functionality, ranging from invoicing to consolidated management reports."

"Investing in OpenAccounts is one of the wisest investments we’ve ever made and, over the years, has helped us to save thousands of pounds. Put simply, we don’t know what we would have done without it!"

"Advanced’s software has been so successful at cutting administration and improving the support team’s processes that we have been able to move individuals’ skill sets to more added value tasks to better cope with new demands from across the College."

"We started off with 360 employees and now have around 1,000 working across multiple business units. We needed a way of managing employee information and reporting on various key performance indicators. A picture paints a thousand words, which is important when you have busy managers."

"Advanced has an excellent reputation across the sector and having multiple products from the same supplier means that our IT systems are more integrated, which saves us considerable amounts of time and therefore money."

Read how we partner with some of our customers

"We considered large and small providers from the UK and US... in the end, we chose Advanced NFP out of all of them for demonstrable sector expertise and a track record of successful delivery."

Read case study

"OpenAccounts stood out from the competition because it combined exceptional easeof use with the best allround functionality, ranging from invoicing to consolidated management reports."

Read case study

"“The functionality of Advanced’s solution has been excellent over the years, and it has continued to develop and improve alongside us as a Finance Team. I have had experience with lots of big finance systems in previous roles, and OpenAccounts is the best I have come across. You get the quality and depth of product functionality, but without a hefty price tag.”"

Read case study

"The use of Advanced Business Solutions eBIS functionality not only provides electronic access but is workflow enabled which increases productivity."

Read case study

"Advanced has successfully built a really strong, resilient and flexible platform that offers versatility and scope for many years to come."

Read case study

"Having a flexible and reliable platform allows us to create a long term IT strategy leading up to and after the completion of the tunnel."

Read case study

Advanced icon

Find out more about OpenAccounts

Read our factsheet

News & Opinions

BLOG // 28-11-2023

10 reasons to implement budgeting and forecasting technology

by Mark Dewell, SVP > Education, Government and Social Housing

Advanced's Picks

Maximising customer value through tailored training days: Bo…

At Advanced, one of our main priorities is ensuring customers get the maximum value from our solutions. In order to achieve this, we regularly run one…

by OneAdvanced PR, Author

PRESS// 06-06-2022

Maximising customer value through tailored training days: Boston College