Multiview Differentiators

You will find that many systems cover the basics fairly well but there are differences between them that can be crucial. Our analysis was conducted a few years ago for a seminar presented at the Financial Technology Show. We will endavour to provide an update to our analysis in the near future.

Target Market

Multiview is different in targeting a broad spectrum of organizations starting with $10 Million in revenues to $100 Billion.

Accounting System

Multiview takes a different approach than traditional systems, which use a segmented accounting code to track all the accounting dimensions such as division, department, region ...) Multiview has 3 segments (Unit, Account and Project) and you can attach unlimited analysis codes to each segment. For example, a department or region code could be attached to a unit. Although financial transactions don't contain department or region, you can still generate financial reports by department or region in Multiview. Multiview supports multiple structures so that if things change (for example, a department is re-assigned to another unit), you can use multiple structures to account for the change in the organization. There are big benefits to Multiview's approach including a simplified chart of accounts and flexibility in analyzing operations across multiple dimensions.

Bucketless

Multiview does not keep a summarized view by month of financial transactions. You can generate a financial report for any period of time including multiple years.

Reporting

Multiview uses an Excel like tool that allows you to view changes dynamically and generate a large variety of reports using one template.

Scalability

Multiview is one of the few accounting systems to use the Oracle database management system which includes the advantage of scalability so that even the largest of organizations can use Multiview.

Drill down/around

You can drill down to source documents or drill around to any accounting related data.

Security

Multiview allows you to establish security for employees by unit, account and project. You could limit access for all employees by a division within a company. You could even limit access by customer or vendor.

Business Intelligence

Multiview provides its own Online Analytical Processing (OLAP) tools so that you don't need to buy other systems like Cognos PowerPlay to slice and dice across multiple dimensions.

Integration with Excel

Financial reports can be easily downloaded to Excel with headers, footers and formatting intact. You can also upload from Excel to create ad hoc journal entries or budget entries.

Advanced financial functionality

Multiview's advanced features include multiple currencies, allocations, consolidation, statistical reporting, inter-company processing, unlimited budgeting.

Support

Multiview assigns a certified project manager (with an accounting designation) and a customer support representative to new customers. In this way, you can speak directly to someone at Multiview who knows your situation when seeking help.