Financial Close and Consolidation Solutions Reviews and Ratings

What are Financial Close and Consolidation Solutions?

Gartner defines financial close and consolidation solutions (FCCS) as applications that enable corporate controllers and their teams to manage the organization’s group close, consolidation and reporting processes. The FCCS market equips organizations to (1) manage and drive financial control across their close cycles through configurable workflows and dashboards that support collaboration and provide a centralized auditable view; (2) execute financial consolidation across multiple legal entities (LEs) and geographies; (3) meet accounting standards for currency translation, intercompany elimination and top-side adjustments; and (4) generate reporting that adheres to Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS) and regional compliance.

Products In Financial Close and Consolidation Solutions Market

"Exploring the Automation of Accounting Processes with Blackline"

We have been working to automate many of our accounting processes using the Blackline platform.

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"Reliable Consolidation and Faster Book Closure with Customizability"

Our overall experience has been tremendous so far. We are excited to leverage the consolidation process which has drastically reduced the amount of user intervention, while providing a more controlled experience.

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"Great experience with Oracle EPM Cloud "

The EPM offerings from Oracle are great to work with. The modules seamless integration and consistent product design make implementing and administrating various tools feel comfortable and familiar. Oracle Support is outstanding and we've had a 100% resolution rate for service requests logged. I truly feel supported by the vendor and appreciate the application usability, ease of implementation and administration, and minimal system unavailability and downtime. Oracle pushes meaningful updates often and we are loving the AI offerings.

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"Tagetik: the convenient tool your users will love"

Tagetik is incredibly comfortable to use. It is a great tool that combines both a very accessible tool for first level users to submit their data and a comfortable way for admins to customize and utilize its tools. I really appreciate how it is built in such a way that with guidance a user can understand the inner workings of the tool and help in making it better for their purpose.

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"JustPerform is a leap forward for our financial consolidation process"

This is an efficient solution. We were able to reduce up to 40% in the time to prepare consolidation compare to previously. The process is much more streamlined and provide better clarity to management.

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"Robust Training Features and Intuitive Design Impress Users"

This product has GREAT training and options for super user training. They have self service help options too so if you don't know what you need to do they will help.

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"Planful's integrated tools accelerate business financials review"

Planful has been very helpful to our team for consolidation. We have 6 different brands whose financials and performance leaders like to review and analyze. Planful has made it possible for them to do so with minimal effort and allows them to get a financial overview on an as needed basis. The product is also user friendly. Further, any issues we faced were swiftly taken care of by the Planful Support team or the support engineers. Implementing this product throughout the company has been quick as well. Our controllers have quickly adjusted to using Planful and have nothing but good things to say. Some have been encouraged to create their own reports or reach out to myself to help them create reports so they are able to further utilize and take advantage of the platform. With planful reports, they are able to more quickly analyze their brand and make quicker and more effective business decisions. Planful reports also can help take some time out of the mundane, manual tasks and allow controllers to refocus that time on analyzing financials and helping their business.

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"Deep insights into financial data with report automation"

Workday financial solutions ensure that focus is shifted from transaction processing and related processes to analysis and provides an agile framework to businesses to help continuously adapt to new changes while maintaining track of changes.

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"Exploring the Benefits of Financial Consolidation from Multiple ERP Sources"

financial consolidation is great. we have numerous ERP sources that all feed into one central location and makes forecasting and general analysis much easier than manually combining sheets.

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"Real-time performance monitoring of the major revenue metrics"

Our employee base can create simple yet effective financial template for capturing the insights related to the statements and general ledger. The tool avoids any manual data entry by relying on self-sourced and authentic data sources.

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"Fluence Streamlines Multi-currency Consolidations with Ease"

The implementation went smoothly and the utilisation also. When we need support it's easy to find someone to help us.

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"FluenceXL add in enhances and eases Data Analysis"

One of the best when it comes to understanding the needs of our business clients and resolving any issues very quickly and promptly.

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"Excellent Solution for Financial Consolidation and Close. "

This is the accurate software that helps our company in financial consolidation, where different business transactions are recorded together for smooth and reliable financial reporting. IBM Cognos Controller gives the appropriate way to automate the financial close and this provides informative financial results. The program offers a consolidated auditing control, which oversee and monitor every financial activities from any corner.

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"AICO journal application review"

Easy to deploy and administrate. Excellent support available in rare occations when we've needed support after all. Fastest, most efficient and best product team support when implementing this product I've seen.

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"Solid Product and Excellent Company"

Longview Close is an excellent product that works quickly and accurately for our needs. Additionally, Insight Software went well above and beyond when they were able to re-create nearly the entire product after it was inadvertently deleted. Truly great people who provided excellent service to us.

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"Looking for powerful flexible provisioning software? Longview is your answer."

Longview Tax is an excellent option when looking to fully automate your year-end tax provision process.

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"Very flexible Consolidation System that fits on nearly every ERP- and Software Landscape"

IDL Konsis is highly flexible. For a 5 star rating, a few options would still be necessary to be implemented like more individuality in the calculation of deferred taxes on group level.

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"Good software and easy to use"

Very good service and consultants have good skills to have solutions to our reporting

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"Great product: easy to use, flexible, and seamlessly integrated"

Great experience overall-- the product was very easy to install, easy to integrate into our existing platforms, and has made our reporting and budget/forecasting processes very efficient.

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"Anaplan Offers Flexible Business Modeling Despite Dated Dashboard"

Anaplan impresses with its user-friendly interface and robust modeling capabilities, making complex business planning more accessible. Its performance stands out, handling large datasets efficiently, facilitating real-time decision making.

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