Streamlined ready-mix reporting solution

GivenHansco introduce simple, stable and flexible Keystone FX reporting software

EARLIER this year GivenHansco, developers of integrated and producer-driven software for the ready-mixed concrete industry, premiered their new Keystone FX streamlined reporting solution at the World of Concrete 2015 show in Las Vegas.

Designed in house by GivenHansco, Keystone FX allows ready-mixed concrete producers to pull vital data from the Keystone Accounting and Dispatch suite, and dynamically link these data to Microsoft Excel to create convenient, customized, and reliable reports.

This industry-specific financial reporting suite takes advantage of information from the user’s entire operation, combining all levels of data into Excel templates for flexible report productivity.

According to GivenHansco, Keystone FX is a simple yet sophisticated tool for making customized financial statements and balance sheets. In addition, it simplifies the creation of reports on the whole Keystone suite, including: general ledger, accounts payable, payroll, sales, and dispatch.

Starting with pre-built templates, Keystone users simply hit the ‘Create Report’ button and reports are quickly created and opened in Excel. By leveraging in-house Excel expertise, reports can be customized and extra features, such as charts and pivot tables, can be quickly added based on the desired parameters.

A wide range of Keystone financial and operational data can be leveraged into customized FX reports, providing:

• Flexibility to present actual and budget amounts for any period
• Creation of period-to-period or budget-to-period comparisons using Excel formulae
• Multi-month/multi-year reports and analysis for any amount or year
• Unlimited number of plant, divisional, and consolidated reports
• Comparison of financial amounts against unit quantities such as sales quantities and payroll hours
• Customized schedules and sub-reports for field managers
• Alternative presentation profiles featuring owner’s views, manager’s views etc
• Grouping and rearrangement of accounts (subtotals can be added anywhere).

Ultimately, Keystone FX’s integrated reporting tools allow small-to-medium-size producers to compete with the bigger production players by giving them an easy way to run operational reporting with the type of comprehensive information usually leveraged by large corporations.

Unlike other expensive and cumbersome tools, FX is cost-effective and offers a simple, user-friendly structure, automatically importing cross-platform data into Excel spreadsheet templates to make convenient, custom reports.

For US-based users of the system, another essential feature of Keystone FX is that it exploits the unique NRMCA (National Ready Mixed Concrete Association) integration built into Keystone Financials to facilitate generation of the NRMCA survey report, allowing producers to track how their company compares with the industry.

Additionally, FX can provide KPI reports that measure the productivity of individual plants. Tracking factors such as yards per hour or sales quantity vs budget quantity provides managers with immediate and specific data for each plant.

Craig Hanson, GivenHansco’s vice-president, said: ‘Our design platform was inspired by input from customers who were frustrated by the limitations and cost constraints of non-industry-specific competing tools. The goal was to streamline the spreadsheet format to leverage Keystone’s comprehensive financial and operational data into a reliable, flexible, and hassle-free reporting platform.’

All Keystone products are backed by a comprehensive customer support system, and GivenHansco’s support personnel will assist end-users with the setting up of initial FX model reports.