Draft:Syft Analytics

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Syft Analytics
Type of site
Private
Founded2017
HeadquartersDelaware, United States and Johannesburg, South Africa
Founder(s)Vangelis Kyriazis
Matthew Stephanou
Eleftherios Kyriazis
Duran Hamer
IndustrySoftware as a Service
ServicesAccounting software
Data analytics
Financial statements
Employees80 (2024)
URLsyftanalytics.com

Syft Analytics is a US cloud-based financial planning & analysis (FP&A) and financial reporting software-as-a-service company. It is the developer of the Syft Analytics platform, designed for accountants, bookkeepers, and businesses to create financial dashboards, forecasts, consolidations and reports.[1] The company employs over 80 people across its offices in USA, South Africa and New Zealand and its platform is utilized by more than 5,000+ customers globally.[2] Syft Analytics integrates with various cloud accounting platforms such as Xero, Intuit QuickBooks Online, and Sage Business Cloud Accounting; e-commerce and payment platforms such as Stripe and Shopify; ERPs such as Sage Intacct, Acumatica, and Oracle NetSuite; and payroll providers such as Gusto.[3]

History[edit]

Syft Analytics was founded in 2017 by Vangelis Kyriazis, Matthew Stephanou, Eleftherios Kyriazis, and Duran Hamer. After introducing features for dashboards, visualizations and financial reporting, Syft has launched products for financial consolidations, forecasting, data review and quality assurance, GAAP and IFRS financial statement compilation, an AI-powered accounting assistant as well as data synchronization with Microsoft Excel and Google Sheets.[4][5][6][7][8][9][10]

Syft Analytics was listed as a FrontRunner for reporting tools in 2023 by Software Advice and a category leader for financial reporting in 2024 by GetApp.[11][12][13] The company has won multiple Xero awards including Practice App of the Year 2021 UK, Practice App Partner of the Year 2023 Canada, App Partner of the Year NZ 2021, and App Partner of the Year South Africa 2021 and 2021.[14][15][16][17][18]

Syft won the Accountancy Software of the Year 2023 partnership award which is judged by the International Accounting Forum & Awards and was mentioned as one of the top 100 unicorns in the world that run on Google Cloud at Google Cloud Next 2022 by Thomas Kurian.[19][20]

References[edit]

  1. ^ "Google Cloud Boosts Syft's Financial Reporting Application to Scale Beyond South Africa". Google Cloud. 2022-09-27. Retrieved 2024-04-08.
  2. ^ "Syft Analytics: Serving fast financial insights with high-performance processors". Google Cloud. 2023-07-08. Retrieved 2024-04-08.
  3. ^ "Syft Analytics". Syft Analytics Integrations. 2024-04-08. Retrieved 2024-04-08.
  4. ^ "Syft Analytics Consolidations". Syft Analytics. 2024-04-08. Retrieved 2024-04-08.
  5. ^ "Forecasting adjustments have never been so easy to find, add, or interpret!". Syft Analytics. 2022-07-26.
  6. ^ "Clean up your Data with Syft's Latest Audit Feature". Syft Analytics Blog. 2024-04-08. Retrieved 2022-04-01.
  7. ^ "Syft Analytics Financial Statements". Syft Analytics. 2024-04-08. Retrieved 2024-04-08.
  8. ^ "Syft Assist". Syft Analytics. 2024-04-08. Retrieved 2024-04-08.
  9. ^ "Microsoft AppSource Syft Analytics". Microsoft AppSource. 2024-04-08. Retrieved 2024-04-08.
  10. ^ "Google Workspace Marketplace". Google Workspace Marketplace Syft Analytics. 2024-04-08. Retrieved 2024-04-08.
  11. ^ "Syft Analytics". Software Advice. 2024-04-08. Retrieved 2024-04-08.
  12. ^ "GetApp's Category Leaders in Financial Reporting". Software Advice. 2024-04-08. Retrieved 2024-04-08.
  13. ^ "GetApp's Category Leaders in Reporting". Software Advice. 2024-04-08. Retrieved 2024-04-08.
  14. ^ "UK & EMEA Xero Awards 2021 winners". Xero. 2023-10-17. Retrieved 2021-02-24.
  15. ^ "Xero Canada Winners". Xero. 2023-10-17. Retrieved 2024-04-08.
  16. ^ "New Zealand Xero Awards 2021: Congratulations to our winners". Xero. 2023-10-17. Retrieved 2024-04-08.
  17. ^ "Xero Awards 2020 South Africa". Xero. 2023-10-17. Retrieved 2022-02-24.
  18. ^ "UK & EMEA Xero Awards 2021 winners". Xero. 2023-10-17. Retrieved 2021-02-24.
  19. ^ "Software vendors recognized at Accounting Excellence". AccountingWeb. 2024-04-08. Retrieved 2024-04-08.
  20. ^ "Google Cloud Next Opening Keynote 2022". YouTube. 2024-04-08. Retrieved 2024-04-08.