Overview:
Millennium’s FAST Finance Reporting provides decentralized self-service financial reporting for all account holders, allowing for fully supported, drill-down access to all accounts for each user. Reports include relevant, timely information for actuals, commitments, and budgets, showing where money is spent and how it compares to the approved original and revised budgets. While FAST Finance comes with many pre-built reports, reporting can also be customized and saved to meet each user’s preferences and allow for quick and easy repeated creation.
Status:
ISU has implemented the Millennium FAST Finance module and is in the process of transitioning the ISU community to use FAST as an all-encompassing financial reporting tool.
Features:
- Decentralized self-service financial reporting for all users
- All numbers supported through drill-down capabilities to the detailed transaction level
- Reports summarized by any fields in the chart of account, at any hierarchy level
- Reporting formats include: current year actuals, budget to actuals, comparative reports, monthly, quarterly and annual trends and variances
- Security ties to Banner security and mirrors user’s Banner access
- Complete data warehouse that refreshes nightly to provide up to date information
ISU continues to improve on the capabilities and widespread understanding of FAST Finance across campus.
If you are new to ISU finance or have specific needs in financial reporting for your unit, you can direct questions to meganbaskins@isu.edu, or give Megan a call at 208-282-3949.
You can also find an initial training video of FAST Finance on the Finance Training & Resources site here: https://www.isu.edu/financeadmin/training--resources/