Financial Close, Consoldiation & Reconciliation Software
Financial Close Softoware is a specialized category of tools that help streamline and automate the often complex process of closing a company's financial books at the end of an accounting period. The close process involves many steps such as account reconciliations, journal entries, inter-company eliminations, consolidations, reporting and compliance. Close software attacks these tasks through automation, centralized data and documentation, collaboration tools and consolidation capabilities plus reports and analytics and much more.
Provides a unified platform with robust financial close capabilites in addition to consolidation, planning, reporting, analytics, and data quality.
Deployed at large enterprises and multinational corporations, including over 75% of Fortune 500 companies and over 6,000 organizations worldwide.
Specialized and focused on automating the entire financial close process, as well as consolidation, invoice-to-cash, and intercompany accounting.
Part of Anaplan. Addresses mid-to-large companies. Offers a cloud-based solution for financial consolidation and reporting.
Built to streamline and enhance the financial close process. Focusing on addressing the challenges of month-end close, reconciliation.
Cloud based platform. Offers solutions like Cadency for large corporations and Adra Suite for mid-size companies. Serves a wide range of organizations, from growing businesses to Fortune 100 companies, in over 100 countries.
The CFO's office can choose to deploy a specialized and focused close automation tool (Blackline, FloQast) or obtain those capabilities from a broader ERP (Netsuite, Oracle) or CPM (OneStream, Tagetik) platform. The decision to do so depends on several factors including size of the business, geographic footprint, type of business, jurisdictions and compliance adherence requirements.
Robust enterprise grade financial close and consolidation solution with global operations. Deeply integrated with Oracle ERP ecosystem
Cloud based broad financial management solution focusing on mid-sized companies and includes close capabilities
Tagetik is a CPM solution offered by Wolters Kluwer. Designed to streamline and automate a range of financial processes including financial close and consolidations
Netsuite - By Oracle offers broad financial and accounting capabilities including financial close functionalities
AI powered modern ERP software that offers to accelerate the Financial Close process
Modern AI powered accounting platform that offers month-end close & consolidation automation as a feature