Unleash Your Accounting System's Potential

Supercharged Financial, KPI and Goal Reporting

Is your organization struggling with fragmented financial data and inefficient processes?

CommonThread’s Financial Tools combine accounting data, key performance indicators, budgeting, variance tracking, and forecasting – all in one place.

  • IdeaWeavers CommonThread
    Seamlessly integrate with platforms like QuickBooks, Sage and Microsoft Dynamics GP via API or flat file, centralizing your financial data for real-time access.
  • IdeaWeavers CommonThread
    Integrate operational Key Performance Indicators and Goals with financial data to produce more powerful and informative business metrics.
  • IdeaWeavers CommonThread
    Apply unique security rules to all of your financial reports and datasets, allowing employees to see only the data relevant to their work.
  • IdeaWeavers CommonThread
    Track key metrics, flag variances, and adjust forecasts as your business evolves with real-time financial insights.
  • IdeaWeavers CommonThread
    No changes needed to your accounting system. CommonThread enhances your existing data with views and dashboards designed just for you.
REVOLUTIONIZE YOUR FINANCIAL REPORTING

“Because CommonThread is so flexible, the learning curve for our staff was so much easier.”

-Jesse Whitacre, Moxie Movers

Companies That Trust CommonThread

With CommonThread, your accounting data becomes more than just numbers.

By integrating your financial tools with your other essential business data, CommonThread allows your financial data to become your strategic advantage in making confident, data-driven decisions.

Automated
Financial
Reporting

  • Integrate with existing accounting systems to automate the generation of financial statements.
  • Utilize interactive dashboards for a comprehensive view of financial health.
  • Eliminate time spent building spreadsheets by replacing them with automatically generated reports that allow for drill-down insights and actions.

Streamlined
Budgeting
Process

  • Assign specific GL accounts and KPIs to different departments, ensuring teams see only relevant data.
  • Simplify budget creation, review, and approval with structured workflows for creation, submission and approval.
  • Link to past performance data to enhance budgeting accuracy.

Enhanced
Variance
Tracking

  • Set variance thresholds for GL accounts and KPIs to monitor deviations from budgets.
  • Receive immediate alerts on significant variances for prompt action.
  • Drill down from the highest level metrics to the details to find the root causes and adjust accordingly.
SCHEDULE A DEMO
STREAMLINE YOUR BUDGETS
GET REAL TIME ALERTS

Dynamic Financial Forecasting

  • Predict future income using opportunity pipelines, sales trends and GL data.
  • Change future forecasted budgets based on current trends to optimize cash flow management.
  • Enhance strategic planning with “what-if” forecasting

Integrate KPIs and Goals

  • Consolidate performance based KPIs and financial goals with GL accounts and operational data.
  • Auto-calculate KPIs using historical data, with manual override options.
  • Enable proactive decision-making and deeper insights for stability and growth.
GET STARTED
INTEGRATE YOUR FINANCIALS

Your Journey

Our Quick Focus process brings your team from initial meeting to implementation quickly and efficiently. Take a look at how we make your journey to productivity as simple as possible.

LET'S GO