Frequently asked questions about financial, HR, and management reporting
In the FAQ section, you will find answers to the most frequently asked questions about loyos bi software solutions—the Financial Management Suite (FMS) and the HR Reporting Suite (HRRS)—as well as general questions about financial reporting, HR reporting, and management reporting.
FMS - How complex is the implementation?
Minimal. The effort on the customer's side is approximately one hour, and the FMS is ready to go in less than two weeks.
FMS - Which systems can be integrated?
These include DATEV, SAP, Sage, LucaNet, Excel and CSV files, and many more. More about the interfaces
FMS - Which standard reports are included?
Over 25 reports, including income statement, balance sheet, cash flow, net debt, working capital.
FMS - Can custom KPIs be added?
Yes. Your own key figures, structures, or calculation logic can be flexibly added. More about custom developments
FMS - How up-to-date are the reports?
Updated daily or monthly, depending on the system connection.
FMS - How does consolidation work?
The Financial Management Suite harmonizes financial data from different sources such as DATEV, SAP, LucaNet, or Excel and consolidates it into consistent group reporting. By classifying accounts as intercompany-relevant, intra-group transactions are automatically recognized and eliminated in the consolidation process—transparently, traceably, and without manual rework. A particular advantage is that FMS processes data not only at the summary level, but down to the individual posting level – for maximum transparency and traceability. Learn more
FMS - Are the reports bank- and audit-compliant?
Yes—FMS meets the requirements of banks, investors, and auditors.
FMS - Is the data secure?
Yes. We use GDPR-compliant hosting in the Netherlands. In addition, Microsoft Cloud Security and a granular rights and roles concept ensure maximum security.
FMS - How flexible is FMS when it comes to new investments or structures?
The FMS is modular and can be expanded at any time. New companies can be integrated in no time at all.
HRRS - Why is reporting in HR systems such as DATEV or Personio insufficient?
These systems provide billing and master data, but not consistent, comparable reports. HRRS bundles data from all sources.
HRRS - Which systems can be integrated?
These include Personio, SAP HR, DATEV LODAS/LuG, Excel and CSV files, and many more. Learn more
HRRS - How does HRRS support personnel planning?
Consistent HR data can be used to generate forecasts, budgets, and target/actual variances—either by importing Excel files or connecting your external planning tools.
HRRS - Which HR areas can be analyzed?
Headcount, salaries, attendance and absences, turnover, planning, personnel costs, and much more. Learn more
HRRS - How do CFOs benefit from HRRS?
You gain full transparency over personnel costs and can link them directly to financial indicators.
HRRS - How up-to-date is the data in the HRRS?
All reports are updated automatically and are available on a daily basis.
HRRS - Is sensitive personnel data secure?
Yes. Hosting takes place in the Microsoft West Europe Cloud (Netherlands). GDPR compliance and differentiated authorization management are guaranteed.
HRRS - How quickly can the HRRS be implemented?
The software will be connected to your systems in four weeks and requires minimal effort on the part of the customer.
General - What is management reporting?
Management reporting involves the systematic preparation of financial and personnel data for management, investors, and banks. The aim is to achieve transparency and improve the basis for decision-making.
General - Why is Excel often insufficient for reporting?
Excel is error-prone, time-consuming, and not scalable. Excel spreadsheets reach their limits when it comes to consistent reporting across multiple companies or departments.
General - What are the advantages of a reporting system with a single point of truth?
All data is bundled in one system, consistent and traceable – this creates clarity, comparability and trust among banks, investors and management.
General - How does automated reporting improve efficiency?
Reports that used to take days are now available in minutes. Employees no longer have to compile data manually.
General - What role does business intelligence (BI) play in reporting?
BI tools enable the visualization, analysis, and integration of large amounts of data—the basis for modern management decisions.
General - How does financial reporting differ from HR reporting?
Financial reporting provides transparency on the income statement, balance sheet, and cash flow. HR reporting shows headcount, costs, absences, and turnover. Together, they provide a 360° view of the company's figures.
General - What is the significance of consolidated reporting for companies with multiple subsidiaries?
It ensures that all units are represented in a comparable and consistent manner—regardless of systems, chart of accounts, or currencies.
General - Can reporting also be used for bank financing?
Yes. Professional reporting is often a prerequisite for loans and builds trust with banks.
General - How do private equity investors benefit from uniform reporting?
You get a complete overview of your portfolio companies—regardless of the systems used by the individual investments.
General - What role does forecasting play in reporting?
Forecasts enable you to recognize future developments at an early stage and identify areas for action. You can integrate your forecast data into your loyos bi software.
See the Financial Management Suite and HR Reporting Suite in action.
Gain complete transparency in financial and HR reporting—with the Financial Management Suite and the HR Reporting Suite.
About loyos bi
loyos bi was founded in 2020 by finance and BI experts with the goal of finally making reporting simple and reliable.
Today, over 1,000 users rely on the solutions. More than 80% of new customers come through recommendations—a strong sign of satisfaction and trust.
Support does not end with go-live: customers receive personal support, continuous development of reports, and, if desired, content support in finance or HR controlling. All loyos bi contact persons are based in Germany and speak German – you have a direct line to us. This creates a long-term partnership rather than just a software solution.