Dynamic Allocations
Allocate journal entries with precision
Automatically allocate costs across accounts, departments, and locations with repeatable accuracy.
Easily set up allocation rules to automate transaction schedules
Use your own statistical or financial data to trigger dynamic transaction allocations.
Streamline manual oversight with tools that adapt to your data
Automated insights learn from your transactions to generate allocation suggestions.
Save time and stop entering transactions manually
Build allocation schedules to distribute expense any entity, account, or custom dimension.
Integrate your favorite apps
Use Prismatic's APIs to unify your finance operations.
ADP
HR & Payroll
ADP offers online payroll and HR solutions, plus tax, compliance, benefit administration and more.
Bill
Spend Management
Bill.com is a software tool that automates accounts payable and accounts receivable processes.
QuickBooks
Accounting
QuickBooks is an accounting software that offers easy to use cloud-based accounting solutions for businesses of all sizes.
Ramp
Spend Management
Ramp helps businesses control spend, save time, automate busywork & save an average of 5%.
Multi-entity finance teams are making the switch to Prismatic
Find out why top finance teams leverage Prismatic to scale their operations:
FAQ
Some frequently asked questions about our service.
Can I import my data from another platform?
Yes, Prismatic supports data importation from other platforms. We provide tools and support to facilitate the migration of your financial data from existing systems into Prismatic, ensuring a smooth transition and minimal disruption to your operations.
Does Prismatic integrate with Quickbooks?
Yes. Prismatic integrates seamlessly with QuickBooks, in addition to many other financial tools. This integration allows for the smooth transfer of financial data from QuickBooks into Prismatic, facilitating an upgrade path for businesses that need more robust features like multi-entity management and financial consolidation without losing their historical data.
Learn more about Prismatic’s integration partners.
Does Prismatic offer revenue automation?
Yes. Prismatic offers revenue automation by providing tools to manage revenue recognition, billing cycles, and contract management efficiently. Our system ensures that revenue is recognized in compliance with accounting standards such as ASC 606/IFRS 15, enhancing accuracy and predictability of financial outcomes.
Does Prismatic replace Quickbooks Online?
Yes. Prismatic is a standalone general ledger accounting platform designed to run business financials.
For those looking to stay with QuickBooks, Prismatic integrates securely with QBO via secure API integration.
How does Prismatic ensure compliance with financial regulations?
Our platform is built to ensure compliance with various financial regulations, including GAAP, IFRS, and others relevant to your industry. Prismatic automatically updates to align with new regulations, providing features that help manage compliance effectively, such as audit trails and customizable reporting.
How does Prismatic handle consolidations?
Prismatic simplifies the consolidation process by automatically combining financial statements from multiple entities into a single consolidated report. This includes adjustments for inter-company transactions, foreign currency translations, and elimination entries, providing a comprehensive and compliant overview of your entire business.
How long does it take to implement Prismatic?
Our average customer goes live within 2-8 weeks. The timeline depends on the state of your data, technology needs, and resource capacity. Prismatic's team of CPAs, engineers, and customer success personnel will work directly with you to ensure a quick and accurate implementation.
What are the system requirements to run Prismatic?
Prismatic is a cloud-based platform, requiring only an internet connection and a modern web browser to access. This ensures that our solution is accessible from any device, anywhere, without the need for extensive IT infrastructure.
What is the advantage of choosing Prismatic?
Prismatic is expertly designed to reduce complexity in financial management. This is achieved by its user-friendly interface and simplified processes that make it easy for businesses, regardless of their size or industry, to manage their finances effectively.
Prismatic empowers businesses to take control of their financial management. It equips them with the tools and insights necessary to make informed decisions and drive growth. With Prismatic, businesses can confidently navigate their financial journey, knowing they have a reliable and efficient platform supporting them.