Balance Sheet Management Software Reviews and Ratings
What is Balance Sheet Management Software?
Balance sheet management software is a specialized tool designed to help organizations efficiently manage and analyze their financial statements. It automates the process of tracking assets, liabilities, and equity, ensuring accurate and up-to-date financial reporting. This software provides features such as real-time data integration, financial forecasting, and compliance with accounting standards. By offering detailed insights and analytics, it aids in strategic decision-making, risk management, and maintaining financial stability. Overall, balance sheet management software enhances the accuracy, efficiency, and transparency of financial operations within an organization.
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BlackLine is a publicly-traded company known for addressing traditional accounting challenges. It leverages a cloud-based financial operations management platform to enhance the efficiencies of financial departments. The primary objective of BlackLine is to modernize accounting procedures by consolidating the data and processes along with automating mundane activities. This also ensures accountability through comprehensive visibility. BlackLine provides comprehensive solutions for managing and automating various activities like financial close, accounts receivable, and intercompany accounts. They cater to both large and midsize corporations across various industries to help optimize accounting procedures. BlackLine operates globally with its main operations sprawled across several business hubs such as Los Angeles, New York, the San Francisco Bay area, London, Paris, Frankfurt, Tokyo, Singapore, and Sydney.
MavenBlue is a Dutch InsurTech. It was founded in 2016 by two distinct groups of people. Firstly people with a background in policy admin systems for insurers. And secondly actuarial specialists. Together they built two solutions. A balance sheet management solution designed for the requirements of insurers. And a pricing solution that helps insurers integrate their pricing models directly into their core systems.
FIS is an enterprise deeply involved in the commerce and financial transactions that fuel the global economy. With a keen focus on supporting businesses and communities flourish, FIS continuously innovates in how the world manages payments, banking, and investments. FIS provides services to over 20,000 clients and operates at more than a million merchant locations spanning over 130 countries.
HighRadius is a company that specializes in developing autonomous software solutions primarily targeted towards the Office of the CFO. The company's core product is a cloud-based autonomous platform that is data-driven and has the ability to change its behavior based on transient transactional data. This software can efficiently digitize order-to-cash, treasury, and record-to-report processes, featuring modern capabilities like artificial intelligence, robotic process automation, natural language processing, and no-code platforms. HighRadius's unique proposition combines the functionality of an application software vendor with a middleware platform for AI or RPA, thereby delivering measurable business outcomes, including DSO reduction, working capital optimization, bad-debt reduction, reduced month-end close timelines, and improved productivity in under six months.
Oracle is a cloud technology company that offers computing infrastructure and software solutions globally. This organization has developed an autonomous database, the first of its kind, to help manage and secure data. Oracle Cloud Infrastructure presents functionalities to facilitate the transition of workloads from on-site systems to the cloud, and vice versa, as well as between different clouds. Oracle's cloud software applications provide modern tools designed to support sustainable growth and resilience in businesses. Tools developed by Oracle are used by a wide range of users including nonprofit organizations and businesses of various sizes, to aid in operations like supply chain streamlining, human resource management, financial planning and connecting data and global users. Apart from business solutions, Oracle's technology also aids in tasks ranging from government defense to scientific and medical research.
Workiva is a document and data collaboration platform that helps teams work together to connect reports and data. It offers a unified Software as a Service (SaaS) platform, which combines financial reporting, audit management, and Environmental, Social and Governance (ESG) reporting, in a secure environment. The platform created by Workiva simplifies complex reporting and aids in streamlining processes, data synchronization, and team collaboration while maintaining consistency.
Jedox planning and performance management platform empowers organizations to deliver plans that outperform expectations. Over 2,800 organizations in 140 countries trust Jedox to model any scenario, integrate data from any source, and simplify cross-organizational plans across all business systems. Jedox enables a culture of decisiveness and confidence so teams can plan for opportunities, react quickly to changes, and uncover what they didn’t know was possible.
Moody’s Analytics is a firm that focuses on providing financial intelligence and analytical tools. These resources aim to aid in business growth, efficiency, and risk management. By leveraging expansive and comprehensive information resources, risk expertise, and technology application, the company provides solutions that cater to business leaders in a dynamic marketplace scenario. Moody's Analytics offers a variety of solutions which include research, data, software and professional services. Significantly, the company positions itself as a reliable aid for various global organizations. The company's mission is to empower its customers to make swift and well-informed decisions and its vision aims to resolve critical business problems on a global scale. As a part of its core value system, Moody's Analytics prioritizes customer focus, excellence, openness, and teamwork.
Wolters Kluwer is a global entity specializing in professional data, application solutions, and services. The company targets sectors such as healthcare, taxation and accounting, corporate and financial compliance, legal and regulation, along with corporate performance and ESG. Wolters Kluwer's central role is to assist its clients in making essential judgements daily, delivering expert solutions that harmoniously blend specialized technology, services, and extensive domain knowledge. The company maintains its operations in over 40 countries and serves customers in more than 180 nations. Wolters Kluwer is based in Alphen aan den Rijn, the Netherlands.
Phocas Software delivers cloud-based business intelligence (BI) and financial planning and analysis (FP&A) solutions for mid-market businesses in wholesale distribution, manufacturing, and retail. Phocas delivers an intuitive, accessible platform that simplifies data analysis and financial planning, empowering organizations to make confident, data-driven decisions.
Seamlessly integrating with ERP systems like Epicor, Sage and Infor, Phocas consolidates data into a centralized platform. This unlocks the potential of ERP data, delivering improvements at every level of the business.
Its BI core enables users to explore data, spot trends, and find opportunities. FP&A tools support dynamic financial reporting, flexible budgeting, performance tracking and accurate forecasts. Plus, Phocas offers automated rebate management.
With Phocas, tasks are automated and information flows freely, allowing teams to focus on important activities that help the business grow.
SAS is a global leader in AI and analytics software, including industry-specific solutions. SAS helps organizations transform data into trusted decisions faster by providing knowledge in the moments that matter. SAS gives you THE POWER TO KNOW®.