Symfio + MAGION: Turn accounting data into management reporting

MAGION contains the accounting data your company needs to understand its financial performance. Symfio turns that data into a management view with reporting, cash flow and planning in one place.

What does connecting Symfio and MAGION bring you?

Financial reporting without manual preparation

Symfio uses the relevant accounting data from MAGION to prepare management reports. There is no need to rebuild the same figures in separate spreadsheets.

A clear view of company performance

Management can see the financial result, balance sheet, cash flow and other key indicators in a format that is easier to read and compare.

Plans and actuals together

Budgets and forecasts can be evaluated against the accounting data, so you can see where the company is meeting expectations and where it is not.

Reporting based on your management structure

Symfio supports categorization and tagging by cost centers, projects, activities and analytical accounts. This lets you report on the areas that matter to management.

One view for several companies

When a group works with more than one accounting system, Symfio can bring the companies together and apply the same reporting methodology to all of them.

How the connection works

MAGION is connected to Symfio as a data source. The relevant accounting data is then used for reporting, analysis, cash flow and planning in the Symfio platform.

During implementation, we agree on the reporting structure and the data needed for management.

Key benefits for users

• Less manual reporting work.
• Current financial results available in the browser.
• Better plan versus actual visibility.
• Comparable reporting across companies.