--- title: "Best Financial Close Software - 2026 Reviews & Pricing" description: "Find the best Financial Close Software for your organization. Compare top Financial Close Software systems with customer reviews, pricing, and free demos." source_url: "https://www.softwareadvice.com/financial-close/" page_type: "category" language: "en" --- [Home](https://www.softwareadvice.com/) / Financial Close Software Software Advice offers objective insights based on verified user reviews and independent product and market research. When our advisors match you to a software provider, we may earn a referral fee. # Best Financial Close Software of 2026 Updated October 5, 2026 On this page 1. Popular Comparisons 2. Buyers Guide 3. Related Software Filter products 131 results ### Compare Products Showing 1 - 25 of 131 products #### Company Size - Self-Employed - 2-10 - 11-50 - 51-200 - 201-500 - 501-1000 - 1000+ #### Pricing Options - $$$$$ - $$$$$ - $$$$$ - $$$$$ - $$$$$ ### Compare Products Sort by **Sponsored**: Sorts listings by software vendors running active bidding campaigns, from the highest to lowest bid. Vendors who have paid for placement have a ‘Visit Website’ button, whereas unpaid vendors have a ‘Learn More’ button. **Reviews**: Sorts listings by the number of user reviews we have published, greatest to least. **Average Rating**: Sorts listings by overall star rating based on user reviews, highest to lowest. **Alphabetically (A-Z)**: Sorts listings by product name from A to Z. ### Product: Sage Intacct 4.28 [(717)](https://www.softwareadvice.com/accounting/intacct-accounting-profile/reviews/) Best for:Mid-size businesses ### Pricing availability Starting price: Price not available Free trial: Not available Free demo: Not available Free version: Not available Software Advice Summary Sage Intacct operates within the Sage Business Cloud portfolio as a comprehensive cloud-based financial management software, expertly designed to bring rich financial and operational insights to a variety of businesses. Recognized for its robust accounting capabilities, Sage Intacct is particularly tailored for small to midsize enterprises looking to streamline their financial processes while gaining access to real-time monetary data. From an architectural standpoint, Sage Intacct stands as an adaptable platform equipped to integrate with numerous other applications. This flexibility enables it to easily fit into a wide range of business ecosystems, accommodating the diverse and evolving needs of modern organizations. Central to its design is an appreciation for differing industry requirements, which Sage Intacct meets with its industry-specific solutions, thereby supporting a more personalized financial management experience. The platform is lauded for its user-friendly interface, crafted to simplify complex financial data compilation and present it in an easily digestible format. Users are able to construct comprehensive financial reports that garner insights without requiring an extensive background in data analysis. This function is vital for companies aiming to make informed decisions quickly and with confidence. A defining trait of Sage Intacct is the commitment to financial visibility. With its advanced reporting and dashboard capabilities, stakeholders can dissect and monitor financial metrics that are critical to a business’s strategic vision, enabling leadership to pivot or accelerate with accurate backing. Moreover, Sage Intacct is engineered to scale, offering entities the assurance that the software can grow in tandem with their operations. In accounting terms, Sage Intacct is a friend to compliance, offering a suite of features that assist businesses in adhering to accounting standards and regulations, such as GAAP, IFRS, and others. It also reinforces internal controls, helping to mitigate financial risk and establish a transparent financial environment. Given its cloud foundation, Sage Intacct provides anywhere, anytime access to financial data, a necessity in a globalized and mobile business landscape. The security of this data is not overlooked; Sage Intacct commits to established protocols to safeguard sensitive financial information against modern threats. Sage Intacct, thus, stands out as a potent tool that facilitates enhanced financial management, augments strategic decision-making capabilities, and assures compliance and security, all while offering expandability to accommodate the dynamic nature of growing businesses. It remains an integral part of the Sage Business Cloud, geared towards empowering organizations with precision and agility in their financial operations.... [Read more](https://www.softwareadvice.com/accounting/intacct-accounting-profile/) ### What users love - User-friendly and intuitive interface - Comprehensive accounting functionality - Robust, customizable reporting capabilities ### To take in mind - Complex and inflexible report customization - Slow and unresponsive support experience - Expensive and rising costs ### Best rated features: Quotes/Estimates 5.0 For Nonprofits 5.0 Vendor Management 5.0 Customer Statements 5.0 [See all features](https://www.softwareadvice.com/accounting/intacct-accounting-profile/#key-features) --- ### Product: CCH Tagetik 4.43 [(108)](https://www.softwareadvice.com/accounting/tagetik-profile/reviews/) Best for:Value for money ### Pricing availability Starting price: $50,000.00 Free trial: Not available Free demo: Not available Free version: Not available Software Advice Summary CCH Tagetik is a unified BI and accounting software that helps to optimize financial and operational planning. The solution also shortens the consolidation and closing process and allows users to analyze results, model, as well as compare the financial impact of different business scenarios. CCH Tagetik offers additional features which include adjusting strategic plans, updating rolling forecasts and producing formatted and auditable financial statements as well as management reports. The solution allows users to collaborate on business reviews and automates disclosure and board reporting. CCH Tagetik is deployable on the cloud, on-premises or in a hybrid approach, with the flexibility to transition from one to the other. CCH Tagetik has integrations with various platforms including the full Microsoft Office and BI suite, Qlik and SAP HANA. Companies use the software across all industry segments, including banking & financial services, manufacturing, insurance, software/technology firms, CPG, telecommunications, construction, and healthcare, and is most applicable to large enterprises.... [Read more](https://www.softwareadvice.com/accounting/tagetik-profile/) ### Best rated features: Self-Service Reporting 5.0 Customizable Templates 5.0 Third-Party Integration 5.0 Forecasting 5.0 ### Worst rated features: Dashboard 4.0 Chart of Accounts 4.0 [See all features](https://www.softwareadvice.com/accounting/tagetik-profile/#key-features) --- ### Product: Double 4.87 [(15)](https://www.softwareadvice.com/product/490399-Double/) ### Pricing availability Starting price: $400.00/month Free trial: Available Free demo: Not available Free version: Not available Software Advice Summary Double is a virtual assistant platform that connects executives with experienced, US-based remote assistants for administrative, marketing, and operational support. It is designed for professionals such as founders, investors, consultants, coaches, and small business owners who need assistance with delegation. The platform uses a thorough vetting process to select assistants with expertise in remote executive support. Assistants are based in the same time zone as their clients and are trained in security protocols. The platform also incorporates an AI tool to improve task execution, facilitate communication, and provide time tracking. Assistants handle tasks such as scheduling, expense management, research, CRM updates, event planning, and travel coordination. The platform allows for flexible use, with no long-term commitments and the ability to adjust hours as needed. It supports both ongoing and project-based tasks. The Double app offers tools for task management and progress tracking.... [Read more](https://www.softwareadvice.com/product/490399-Double/) ### Best rated features: Project Management 5.0 Team Collaboration 5.0 Generative AI 5.0 Assignment Management 5.0 ### Worst rated features: Chat/Messaging 1.0 Accounts Payable 3.0 Notes Management 3.0 [See all features](https://www.softwareadvice.com/product/490399-Double/#key-features) ### Corporate Close $400.00/month One annual plan. Unlimited users. Connected to your ERP from day one. Complete Double platform: - 2-way sync with NetSuite, Sage Intacct, QuickBooks - Online and Xero - Dedicated onboarding, data migration & CSM - Priority support - Unlimited users - Annual flat rate... [Read more](https://www.softwareadvice.com/product/490399-Double/#pricing-and-plans) [See full pricing details](https://www.softwareadvice.com/product/490399-Double/#pricing-and-plans) --- ### Product: FloQast [FloQast](https://www.softwareadvice.com/accounting/floqast-profile/) 4.87 [(106)](https://www.softwareadvice.com/accounting/floqast-profile/reviews/) Best for:Value for money ### Pricing availability Starting price: $999.00/month Free trial: Not available Free demo: Not available Free version: Not available Software Advice Summary FloQast, an Accounting Automation Platform created by accountants for accountants, enables organizations to automate a variety of accounting operations. Trusted by more than 2,800 global accounting teams – including Twilio, Los Angeles Lakers, Zoom, and Snowflake – FloQast enhances the way accounting teams work, enabling customers to automate close management, account reconciliations, accounting operations, and compliance activities. With FloQast, teams can utilize the latest advancements in AI technology to manage aspects of the close, reduce their compliance burden, stay audit-ready, and improve accuracy, visibility, and collaboration overall. FloQast is consistently rated #1 across all user review sites. Learn more at FloQast.com.... [Read more](https://www.softwareadvice.com/accounting/floqast-profile/) ### Best rated features: Multi-Company 5.0 Audit Management 5.0 Financial Consolidation & Close Management 5.0 Due Date Tracking 5.0 ### Worst rated features: Project Management 4.0 [See all features](https://www.softwareadvice.com/accounting/floqast-profile/#key-features) --- ### Product: Datarails [Datarails](https://www.softwareadvice.com/accounting/datarails-profile/) 4.74 [(246)](https://www.softwareadvice.com/accounting/datarails-profile/reviews/) Best for:Small businesses ### Pricing availability Starting price: Price not available Free trial: Not available Free demo: Not available Free version: Not available Software Advice Summary Datarails is the AI financial operating system for the CFO's office, an Excel-connected platform that brings FP&A, cash management, spend control, and month-end close into one flexible, governed workspace. With 600+ integrations across accounting, ERP, CRM, banking, and HRIS systems, it consolidates data into a single source of truth, so finance teams spend less time collecting numbers and more time analyzing it. At the core of the platform is FinanceOS, which consolidates your sources, maps your data, and applies your own metric definitions and governance to create a single, trusted version of your numbers. That clean, governed data is then connected to the AI tools finance teams already use, so every answer is grounded in finance-adjusted data you can act on, and reports built once become repeatable processes that run the same way every month. Easy to use and built to fit the way finance teams already work, Datarails supports existing Excel and Google Sheets workflows while strengthening visibility, controls, and collaboration. By removing manual tasks and unifying financial operations, it helps finance deliver faster reporting, more accurate insights, and confident, data-driven decisions.... [Read more](https://www.softwareadvice.com/accounting/datarails-profile/) ### Best rated features: Accounting 5.0 "What If" Scenarios 5.0 Workflow Management 5.0 Ad hoc Reporting 5.0 [See all features](https://www.softwareadvice.com/accounting/datarails-profile/#key-features) --- ### Product: Budgyt [Budgyt](https://www.softwareadvice.com/accounting/budgyt-profile/) 4.87 [(68)](https://www.softwareadvice.com/accounting/budgyt-profile/reviews/) ### Pricing availability Starting price: $399.00/month Free trial: Available Free demo: Not available Free version: Not available Software Advice Summary If you're managing budgets in Excel, there's a good chance you've experienced this: over 8,000 formulas in your budget, any one capable of failing at the worst moment. Department heads sending versions back and forth via email. Mysterious errors surfacing right before you present to the board. Weekends disappearing while you hunt for that one number that refuses to reconcile. We created Budgyt because our founder lived this exact nightmare as a CFO. Budgyt is built on a real database but works exactly like Excel, meaning your team won't need training. The difference? Formulas can't break. Every number traces directly back to its source with a single click. You import your chart of accounts and actuals straight from your accounting system. Click any variance and instantly drill down to vendor-level detail. Update rolling reforecasts monthly without having to rebuild your entire structure. Our API connections get you operational in hours instead of months spent on implementation consulting. Who needs Budgyt: Multi-department organizations where budgeting must be collaborative, but finance needs to maintain control. Nonprofits managing grants and restricted funding. Professional services firms with multiple locations. Healthcare organizations. Any growing business where Excel has become unmanageable but you need software your team will actually adopt. Key capabilities: Built-in payroll allocation splits salaries across departments or grants with percentages that stay intact. Dynamic driver formulas for metrics like revenue per customer or cost per unit. Build once, works forever. Unlimited team collaboration with department heads contributing directly while you maintain approval controls. Board-ready reporting that exports to your exact Excel format or uses dynamic dashboards for instant visualization. Support and implementation: Average onboarding takes two weeks once you provide your files. Email and phone support available Monday through Friday 9am to 6pm, plus Saturday mornings. You're working with a team that understands finance, not reading scripts. Pricing: Starts at $425/month based on how many departments you budget for. Unlimited users included. We don't charge per seat because collaboration shouldn't cost extra. Setup and training fees apply. Nonprofit pricing available. No more emailing spreadsheets. No more "did I break something?" panic. No more sweating through board meetings. Just budgeting software that actually works the way you need it to. Free pilots available using your actual data. See it work with your real budget structure before committing.... [Read more](https://www.softwareadvice.com/accounting/budgyt-profile/) ### Best rated features: Audit Trail 5.0 Strategic Planning 5.0 Financial Reporting 5.0 Activity Dashboard 5.0 ### Worst rated features: Asset Lifecycle Management 2.5 Cash Management 2.6 Expense Management 3.0 API 3.8 [See all features](https://www.softwareadvice.com/accounting/budgyt-profile/#key-features) ### Pricing - For Profit $499.00/month Say goodbye to stressful spreadsheets and endless version control. Budgyt gives finance teams the clarity and confidence they’ve been missing. Starting at $499/month, you get unlimited users, effortless forecasting, and the power to build, compare, and reforecast budgets in minutes. Turn complex data into simple, visual insights your whole team can understand. Import from Excel, create driver-based models, and see the story behind every number. Secure, ISO-certified, and backed by a dedicated success manager, Budgyt lets you plan with accuracy, collaborate with ease, and walk into every board meeting fully in control.... [Read more](https://www.softwareadvice.com/accounting/budgyt-profile/#pricing-and-plans) ### Pricing - For Non-Profits $399.00/month Say goodbye to stressful spreadsheets and endless version control. Budgyt gives finance teams at non-profit organizations the clarity and confidence they’ve been missing. Starting at $399/month, you get unlimited users, effortless forecasting, and the power to build, compare, and reforecast budgets in minutes. Turn complex data into simple, visual insights your whole team can understand. Import from Excel, create driver-based models, and see the story behind every number. Secure, ISO-certified, and backed by a dedicated success manager, Budgyt lets you plan with accuracy, collaborate with ease, and walk into every board meeting fully in control.... [Read more](https://www.softwareadvice.com/accounting/budgyt-profile/#pricing-and-plans) [See full pricing details](https://www.softwareadvice.com/accounting/budgyt-profile/#pricing-and-plans) --- ### Product: OneStream [OneStream](https://www.softwareadvice.com/product/263326-OneStream-XF/) 4.76 [(84)](https://www.softwareadvice.com/product/263326-OneStream-XF/reviews/) ### Pricing availability Starting price: Price not available Free trial: Not available Free demo: Not available Free version: Not available Software Advice Summary OneStream is an enterprise finance platform. The platform aggregates financial and operational data from multiple systems into a single model. It includes purpose-built AI services that leverage advanced analytics in business processes. The platform also has built-in financial intelligence for accounts, currencies, ownership, and intercompany activities. This streamlines financial close processes and operations. OneStream allows organizations to continually adapt the platform as their needs evolve. The platform is designed with a focus on enterprise-grade security and data privacy. It adheres to industry-standard protocols such as SOC1, SOC2, HIPAA, and FedRAMP.... [Read more](https://www.softwareadvice.com/product/263326-OneStream-XF/) ### Best rated features: Alerts/Notifications 5.0 Access Controls/Permissions 5.0 Version Control 5.0 Financial Analysis 5.0 ### Worst rated features: Asset Lifecycle Management 3.0 Scenario Planning 3.3 Customizable Dashboard 3.5 Scheduled/Automated Reports 3.5 [See all features](https://www.softwareadvice.com/product/263326-OneStream-XF/#key-features) --- ### Product: DataSnipper [DataSnipper](https://www.softwareadvice.com/financial-risk-management/datasnipper-profile/) 4.69 [(131)](https://www.softwareadvice.com/financial-risk-management/datasnipper-profile/reviews/) Best for:Ease of use ### Pricing availability Starting price: Price not available Free trial: Not available Free demo: Not available Free version: Not available Software Advice Summary DataSnipper is an Excel-native intelligent automation platform for audit and finance teams. In the agentic era, DataSnipper introduces Excel Agents: purpose-built AI agents that turn your intent into action, helping you complete audit and finance procedures faster, without leaving Excel. Use DataSnipper to match, extract, and compare information across spreadsheets and supporting documents, then create review-ready documentation with full traceability. Every value and AI-generated insight can be linked back to the source evidence, making results easy to validate and defend during review. Common workflows include test of controls, substantive testing, reconciliations, and evidence validation, with AI that supports consistent workpapers and reduces manual copy-paste. Trusted by Deloitte, EY, KPMG, PwC, BDO, and 600,000+ professionals in 100+ countries. Easy to adopt, with support from our Customer Success team.... [Read more](https://www.softwareadvice.com/financial-risk-management/datasnipper-profile/) ### Best rated features: Invoice Processing 5.0 Customizable Forms 5.0 Financial Management 5.0 Task Management 5.0 ### Worst rated features: Data Aggregation and Publishing 1.0 Financial Reporting 3.0 Batch Processing 3.3 [See all features](https://www.softwareadvice.com/financial-risk-management/datasnipper-profile/#key-features) --- ### Product: Payhawk [Payhawk](https://www.softwareadvice.com/accounting/payhawk-profile/) 4.60 [(189)](https://www.softwareadvice.com/accounting/payhawk-profile/reviews/) Best for:Customer support ### Pricing availability Starting price: Price not available Free trial: Available Free demo: Not available Free version: Not available Software Advice Summary Payhawk is a spend management platform that combines corporate cards, international bank payments, accounts payable, expense management, and integrations with ERP and accounting systems into one unified system. The platform is designed for midsize and large businesses. Payhawk's automated expense management features streamline the entire process. This includes automated receipt capture, expense categorization, approval workflows, and direct reimbursements to employee bank accounts. The platform provides real-time access to complete spend data across the organization. This empowers users to identify trends, detect anomalies, and enforce policies. Payhawk supports multiple languages and entities. This enables global businesses to centralize and manage their spend across different regions, currencies, and entities.... [Read more](https://www.softwareadvice.com/accounting/payhawk-profile/) ### Best rated features: Restriction Management 5.0 Compliance Management 5.0 Purchase Order Management 5.0 Real-Time Reporting 5.0 ### Worst rated features: Dashboard Creation 1.0 Customizable Fields 1.0 Employee Self Service 2.0 [See all features](https://www.softwareadvice.com/accounting/payhawk-profile/#key-features) ### Premium Cards Custom Pricing available upon request ### All-in-one Spend Custom Pricing available upon request ### Enterprise Custom Pricing available upon request [See full pricing details](https://www.softwareadvice.com/accounting/payhawk-profile/#pricing-and-plans) --- ### Product: Lucanet [Lucanet](https://www.softwareadvice.com/erp/lucanet-world-profile/) 4.64 [(107)](https://www.softwareadvice.com/erp/lucanet-world-profile/reviews/) Best for:Ease of use ### Pricing availability Starting price: Price not available Free trial: Not available Free demo: Not available Free version: Not available Software Advice Summary We were born from frustration. In companies large and small, we saw brilliant finance professionals buried in spreadsheets, struggling to make sense of complex data and meet tight deadlines. We knew there had to be a better way.  That's why we created Lucanet. We're not just building software. We're building confidence, driving growth, and empowering the office of the CFO to lead with ease.    Our CFO Solution Platform takes the complexity out of consolidation, planning and reporting, giving finance teams back their most valuable asset: time. Time to analyze, strategize, and become true partners in driving organizational success. With Lucanet, finance teams themselves transform – from data entry clerks to trusted advisors with the power to make impactful decisions.  Simplicity drives Lucanet. We create intelligent software that's user-friendly, standardized and ready to go – right out-of-the-box. Our SaaS-based platform empowers finance professionals to break free from complexity with the tools they need to deliver compliance-ready data, automate tedious tasks, and unlock valuable insights. Liberated from the mundane, finance professionals finally have the time and insights they need to make a real difference for their organizations.  Today, over 5,000 companies across the globe trust Lucanet. We've grown to a small passionate group to a large passionate team of more than 800 individuals, all dedicated to the success of the CFO office. Together with our worldwide network of partners, we provide the local knowledge, implementation expertise, and ongoing support that our customers deserve.... [Read more](https://www.softwareadvice.com/erp/lucanet-world-profile/) ### Best rated features: Predictive Analytics 5.0 Drag & Drop 5.0 Reporting/Analytics 5.0 Real-Time Monitoring 5.0 [See all features](https://www.softwareadvice.com/erp/lucanet-world-profile/#key-features) --- ### Product: Bob Finance [Bob Finance](https://www.softwareadvice.com/product/191104-Mosaic/) 4.76 [(58)](https://www.softwareadvice.com/product/191104-Mosaic/reviews/) ### Pricing availability Starting price: Price not available Free trial: Available Free demo: Not available Free version: Not available Software Advice Summary HiBob Finance is a strategic finance platform that provides real-time financial analytics and planning. The platform caters to a variety of industries, such as software, professional services, healthcare, financial services, B2C, and nonprofit organizations. HiBob Finance's key features include collaborative budgeting, automated reporting and metrics, and AI-powered insights. It allows businesses to make a team plan by inviting business partners to forecast their expenses and headcount, with built-in workflows to streamline the budgeting process. It enables users to leverage out-of-the-box metrics or build and customize their own metrics, automating monthly and quarterly reports. Teams can identify performance drivers and summarize trends in board-ready formats, allowing users to shape their narrative with chat-based prompts.... [Read more](https://www.softwareadvice.com/product/191104-Mosaic/) ### Best rated features: Real Time Editing 5.0 Third-Party Integrations 5.0 Expense Management 5.0 Collaboration Tools 5.0 ### Worst rated features: Predictive Analytics 2.0 Workflow Management 3.8 Functions/Calculations 4.0 Single Page View 4.0 [See all features](https://www.softwareadvice.com/product/191104-Mosaic/#key-features) ### Analytics Custom Pricing available upon request ### Foundation Custom Pricing available upon request ### Growth Custom Pricing available upon request [See full pricing details](https://www.softwareadvice.com/product/191104-Mosaic/#pricing-and-plans) --- ### Product: Prophix One [Prophix One](https://www.softwareadvice.com/accounting/prophix-profile/) 4.57 [(127)](https://www.softwareadvice.com/accounting/prophix-profile/reviews/) Best for:Customer support ### Pricing availability Starting price: $1.00 Free trial: Available Free demo: Not available Free version: Not available Software Advice Summary Prophix is a financial management solution used for financial consolidation, budgeting, analysis, planning and management reporting. The solution provides a spreadsheet-style interface that helps users to analyze financial data and organize information. Prophix can be deployed both cloud and on-premises and is suitable for a range of industries such as financial services, construction, government, and utilities. Prophix lets users manage information such as budgeting requirements, cash flow, balance sheets and income statements. Data analysis tools are also available. The solution supports both non-financial and financial budgeting, including top down, bottom up, zero-based and activity-based methodologies. The solution offers multiple modeling options for forecasting such as inter-period forecasts, "‘what-if" analysis and rolling forecasts. It also provides modules for saving personnel records, such as salary, medical expenses and tax calculations. Support is offered via phone and email.... [Read more](https://www.softwareadvice.com/accounting/prophix-profile/) ### Best rated features: Goal Setting/Tracking 5.0 Financial Management 5.0 Modeling & Simulation 5.0 Multi-Department/Project 5.0 ### Worst rated features: OLAP 1.0 Dashboard 2.0 Third-Party Integration 3.0 [See all features](https://www.softwareadvice.com/accounting/prophix-profile/#key-features) ### Basic $1.00 [See full pricing details](https://www.softwareadvice.com/accounting/prophix-profile/#pricing-and-plans) --- ### Product: Aurum Solutions [Aurum Solutions](https://www.softwareadvice.com/financial-close/aurum-solutions-profile/) 5.0 [(17)](https://www.softwareadvice.com/financial-close/aurum-solutions-profile/) ### Pricing availability Starting price: Price not available Free trial: Not available Free demo: Not available Free version: Not available Software Advice Summary Catering to businesses in the retail, finance, and hospitality industries, Aurum Solutions is a cloud-based reconciliation platform. It helps users match multiple transactions daily in seconds, enabling CFOs and finance teams to save costs, streamline processes, and ensure compliance. It allows users to automate extracting, transforming, and data loading processes, along with reconciliation. Reconciliation can be scheduled for any hour of the day so that finance teams always have up-to-date data at hand. Aurum Solutions provides in-app communication between colleagues, allowing for exception management to be conducted seamlessly. It offers custom dashboards to provide visual insights, allowing finance leaders to not only make strategic decisions but also accessibly share important information with C-suite peers. It helps create audit trails in tandem with every action that takes place within the platform. Where transactions are loaded from, when they were matched, who investigated exceptions, who approved journal files, and everything else is all tracked to produce complete audit trails. It enables organizations to pre-configure or customize industry-specific matching rules with a user-friendly drag-and-drop system. Its balance checker cross-references data with external sources to ensure potential loading errors are exposed instantly. With several features and endless customizations, clients experience a new way to engage with financial activities. Aurum’s support team assists users in creating new reports, matching processes, and more.... [Read more](https://www.softwareadvice.com/financial-close/aurum-solutions-profile/) ### Best rated features: Multi-Country 5.0 Reporting/Analytics 5.0 Multi-Company 5.0 Financial Templates 5.0 ### Worst rated features: Accounting Integration 4.0 Compliance Management 4.0 [See all features](https://www.softwareadvice.com/financial-close/aurum-solutions-profile/#key-features) --- ### Product: Farseer [Farseer](https://www.softwareadvice.com/sales-performance-management/farseer-profile/) 4.90 [(21)](https://www.softwareadvice.com/sales-performance-management/farseer-profile/reviews/) ### Pricing availability Starting price: Price not available Free trial: Not available Free demo: Not available Free version: Not available Software Advice Summary Farseer is a cloud-based software helping companies to eliminate manual work, improve accuracy and security, and gain new insights in the domain of financial planning and analytics. It is like an Excel specialized for finances, with the robustness of a web application, amplified with predictive features. Our target clients are companies overgrowing spreadsheets, 200+ employees, with multiple people doing financial planning, and are struggling with spreadsheet tools on a daily basis. Benefits: 1. Rapid modeling - Easy, intuitive, and flexible modeling. All spreadsheet benefits, none of the downsides. 2. Demand Forecasting - Collaborative top-down and bottom-up planning blended with machine forecasting. 3. Interactive Dashboards - Live dashboards with powerful interactive widgets and real-time reports. 4. Collaborative planning - Centralized financial planning designed for teams... [Read more](https://www.softwareadvice.com/sales-performance-management/farseer-profile/) ### Best rated features: Strategic Planning 5.0 Budgeting/Forecasting 5.0 Real-Time Analytics 5.0 Reporting & Statistics 5.0 ### Worst rated features: Collaboration Tools 4.0 Scenario Planning 4.0 Modeling & Simulation 4.0 [See all features](https://www.softwareadvice.com/sales-performance-management/farseer-profile/#key-features) --- ### Product: DualEntry [DualEntry](https://www.softwareadvice.com/product/525922-DualEntry/) 4.90 [(20)](https://www.softwareadvice.com/product/525922-DualEntry/) ### Pricing availability Starting price: Price not available Free trial: Available Free demo: Not available Free version: Not available Software Advice Summary DualEntry is an accounting suite designed to help businesses scale. It can manage multiple transactions per month and offers multi-currency support and real-time insights. The platform is compliant with SOX, SOC2, and GDPR regulations. DualEntry's suite of accounting features includes a secure AI-native general ledger, accounts receivable and payable management, global cash visibility, tax compliance, and AI-enhanced reconciliation. It also offers capabilities such as automated revenue recognition, subscription billing, fixed asset management, and multi-entity consolidation. The platform provides businesses with visibility through its native integrations, customizable general ledger, and real-time reporting and analytics. DualEntry's AI-powered automations and intelligence can handle ahuge amount of transactions with the same headcount, allowing finance teams to close the books and focus on higher-value work. DualEntry offers direct CPA support, and a commitment to data security and compliance, making it a suitable solution for accounting firms, audit firms, private equity, advisory firms, CFO firms, venture capital, and software companies.... [Read more](https://www.softwareadvice.com/product/525922-DualEntry/) ### Best rated features: Dashboard 5.0 Reminders 5.0 Invoice History 5.0 Visual Analytics 5.0 ### Worst rated features: Tax Management 3.5 Data Security 4.0 API 4.0 Reporting/Analytics 4.0 [See all features](https://www.softwareadvice.com/product/525922-DualEntry/#key-features) ### DualEntry Custom Pricing available upon request ### DualEntry Plus Custom Pricing available upon request ### DualEntry Ultra Custom Pricing available upon request [See full pricing details](https://www.softwareadvice.com/product/525922-DualEntry/#pricing-and-plans) --- ### Product: Board [Board](https://www.softwareadvice.com/product/1931-BOARD/) 4.55 [(138)](https://www.softwareadvice.com/product/1931-BOARD/reviews/) Best for:Features ### Pricing availability Starting price: Price not available Free trial: Not available Free demo: Not available Free version: Not available Software Advice Summary Board is an enterprise planning platform that helps large organizations in retail, consumer packaged goods, food and beverage, and financial services manage budgeting, forecasting, and business intelligence in one place. Board can be deployed on-premises or via the cloud, giving organizations flexibility based on their IT requirements. Core features include financial planning, sales and operations planning, reporting, and data visualization, which help teams consolidate data from multiple sources and make informed decisions. Board also offers workforce planning and supply chain planning tools, allowing businesses to align resources with strategic goals. Small and midsize businesses looking to scale their planning processes can also benefit from the platform. Support is available through a knowledge base, online documentation, and a customer support portal, with additional assistance provided via email and phone for enterprise customers.... [Read more](https://www.softwareadvice.com/product/1931-BOARD/) ### Best rated features: API 5.0 Benchmarking 5.0 Goal Setting/Tracking 5.0 Milestone Tracking 5.0 ### Worst rated features: Visual Analytics 2.0 Version Control 3.0 [See all features](https://www.softwareadvice.com/product/1931-BOARD/#key-features) --- ### Product: Cube [Cube](https://www.softwareadvice.com/product/238885-Cube/) 4.61 [(79)](https://www.softwareadvice.com/product/238885-Cube/reviews/) ### Pricing availability Starting price: Price not available Free trial: Not available Free demo: Not available Free version: Not available Software Advice Summary Cube's AI was built by finance for finance to focus on what matters for FP&A teams - context, accuracy, and control. Smart forecasting and analysis allow teams to automate their processes. The conversational AI apps for Microsoft and Slack Cube's helps FP&A teams support the business, suggest actions, and scale their impact since they can query and analyze financial and operational data using natural language.... [Read more](https://www.softwareadvice.com/product/238885-Cube/) ### Best rated features: Financial Analysis 5.0 Financial Reporting 4.9 Collaboration Tools 4.8 Budgeting/Forecasting 4.7 ### Worst rated features: Ad hoc Reporting 3.3 Financial Management 3.9 [See all features](https://www.softwareadvice.com/product/238885-Cube/#key-features) --- ### Product: ScaleXP [ScaleXP](https://www.softwareadvice.com/revenue-recognition/scalexp-profile/) 4.82 [(11)](https://www.softwareadvice.com/revenue-recognition/scalexp-profile/) ### Pricing availability Starting price: £100.00/month Free trial: Available Free demo: Not available Free version: Not available Software Advice Summary ScaleXP helps businesses manage spreadsheets and reporting activities via a unified portal. It automates deferred revenue and consolidation across multiple entities, even those that use different accounting systems and currencies. ScaleXP's text recognition algorithms automate date recognition across invoices, eliminating the need for spreadsheets to track deferred revenue and customer behavior. It helps automate industry-specific metrics, including key SaaS metrics and measures related to customer such as MRR (Monthly Recurring Revenue), ARR (Annual Recurring Revenue), customer lifetime value, customer retention, churn rates, and CAC (customer acquisition cost). ScaleXP also automates prepayment expense recognition, allocating costs to the relevant month without the need for spreadsheets. For companies with more than one country or legal entity, the system consolidates accounts immediately as soon as the accounting systems are connected, providing instant KPIs with customizable reports, dashboards, and presentations. Data can be shared in multiple ways using dashboards or presentations that update in real-time.... [Read more](https://www.softwareadvice.com/revenue-recognition/scalexp-profile/) ### Best rated features: Customizable Reports 5.0 Customizable Templates 5.0 Financial Reporting 5.0 Performance Metrics 5.0 ### Worst rated features: Status Tracking 3.0 Subscription Management 3.0 [See all features](https://www.softwareadvice.com/revenue-recognition/scalexp-profile/#key-features) ### Starter £100.00/month Automates core accounting tasks for small teams, giving you real finance automation from day one, without additional headcount. For companies with less than $2M in revenue. Live revenue dashboard Intergation with Xero, Quickbooks, ZohoBooks, 
GoogleSheets Ai powered dashboards updated for 10 key metrics Multi-currency support Select any 2 automated journals: Deferred revenue, accrued revenue, prepayments, accruals Financial consolidation for multi-entities... [Read more](https://www.softwareadvice.com/revenue-recognition/scalexp-profile/#pricing-and-plans) ### Growth £250.00/month Modules Reports Dashboards Presentations Track up to 10 budgets & forecasts Automated Revenue Recognition Automated Prepaid Expenses Multi-currency support 50 tracking codes or QB classes Custom branded dashboards Fully automated SaaS metrics: MRR, ARR & 30 more... [Read more](https://www.softwareadvice.com/revenue-recognition/scalexp-profile/#pricing-and-plans) ### Scale £400.00/month Automates your finance operations end-to-end, enabling 10× growth without extra headcount. 1 CRM connection Streamlined invoicing from HubSpot using deals & quote terms Automated renewal tracking including all upsells or downgrades Unlimited ability to share AI Dashboards Downloaded presentations to PowerPoint Advanced subscription or SaaS metrics built from integrated CRM and accounting data... [Read more](https://www.softwareadvice.com/revenue-recognition/scalexp-profile/#pricing-and-plans) [See full pricing details](https://www.softwareadvice.com/revenue-recognition/scalexp-profile/#pricing-and-plans) --- ### Product: Hubble [Hubble](https://www.softwareadvice.com/product/420883-Hubble/) 4.52 [(78)](https://www.softwareadvice.com/product/420883-Hubble/reviews/) ### Pricing availability Starting price: Price not available Free trial: Available Free demo: Not available Free version: Not available Software Advice Summary Hubble is an integrated financial performance management solution. It can be deployed on-premise and is also available as a cloud-based solution. This product features applications for financial reporting, analytics, planning and budgeting. In Hubble’s planning and forecasting application users can plan, monitor and create budget reports once they are approved and then upload the budget data to ERP. Hubble’s financial analytics application includes access to pre-built templates, customizable dashboards, tracking of business metrics and performance indicators which are backed up by ERP and more. The solution provides real-time reporting that helps users to automate there operational and financial process such as month-end reports, sub-ledger reconciliations, income statements and more. Hubble is designed for businesses using Oracle E-Business Suite and JD Edwards. The solution is compatible with Windows systems. It is priced on a perpetual license as well as on subscription basis.... [Read more](https://www.softwareadvice.com/product/420883-Hubble/) ### Best rated features: Reporting/Analytics 5.0 Financial Management 5.0 CRM 5.0 Inventory Management 3.5 ### Worst rated features: Dashboard 1.0 Visual Analytics 1.0 Profitability Analysis 1.0 Key Performance Indicators 1.0 [See all features](https://www.softwareadvice.com/product/420883-Hubble/#key-features) ### Basic Custom Pricing available upon request [See full pricing details](https://www.softwareadvice.com/product/420883-Hubble/#pricing-and-plans) --- ### Product: Joiin [Joiin](https://www.softwareadvice.com/accounting/joiin-reporting-profile/) 4.82 [(11)](https://www.softwareadvice.com/accounting/joiin-reporting-profile/reviews/) ### Pricing availability Starting price: $28.00/month Free trial: Available Free demo: Not available Free version: Not available Software Advice Summary Joiin automates how you consolidate financial, sales and KPI data to create great-looking reports quickly and seamlessly. Manage multi-entity and multi-currency group consolidations with ease. Both off the shelf and custom reporting allows creation of bespoke consolidated reports and reporting packs. Works with Xero (5 star rated), QuickBooks (5 star rated), Sage & spreadsheets. Start your 14 day free trial. Access all features. No credit card required.... [Read more](https://www.softwareadvice.com/accounting/joiin-reporting-profile/) ### Best rated features: Ad hoc Reporting 5.0 Data Import/Export 5.0 Customizable Reports 5.0 Real-Time Reporting 5.0 [See all features](https://www.softwareadvice.com/accounting/joiin-reporting-profile/#key-features) ### Core $28.00/month One currency. Everything consolidated. Consolidation: - COA & eliminations - P&L, balance sheet, cash flow, ageing reports - Custom reports & dashboards - Budgets - Export & share - Joiin Intelligence: Ask - AI chat & report summaries... [Read more](https://www.softwareadvice.com/accounting/joiin-reporting-profile/#pricing-and-plans) ### Pro $34.00/month Multi-currency. Forecasts. AI agents. Core, plus: - Multi-currency - Forecasting - Global search - Excel Add-In - Non-financial data + Stripe - Joiin Intelligence: Act - AI agents... [Read more](https://www.softwareadvice.com/accounting/joiin-reporting-profile/#pricing-and-plans) ### Max $45.00/month Deeper reporting. Wherever you work. Everything in Plus, and: - Report pack and dashboard templates, built for sector and regional reporting - Advanced FX: custom rates, set at group level - Open data access via API and Zapier, for custom - Power BI, Tableau or warehouse builds - Joiin Intelligence: Connect - Query Joiin from Claude, ChatGPT and other AI assistants (MCP) - Coming soon: White labelling... [Read more](https://www.softwareadvice.com/accounting/joiin-reporting-profile/#pricing-and-plans) [See full pricing details](https://www.softwareadvice.com/accounting/joiin-reporting-profile/#pricing-and-plans) --- ### Product: Vena [Vena](https://www.softwareadvice.com/bpm/vena-profile/) 4.54 [(139)](https://www.softwareadvice.com/bpm/vena-profile/reviews/) Best for:Budgeting/Forecasting ### Pricing availability Starting price: Price not available Free trial: Not available Free demo: Not available Free version: Not available Software Advice Summary Vena is a financial planning and analysis (FP&A) platform. It is designed to work with Microsoft 365 apps, cloud technology, and AI. It helps organizations in various industries, such as SaaS, healthcare, professional services, and banking, to streamline their planning, budgeting, and reporting processes. Vena's modeling capabilities allow users to create what-if scenarios. They can make bottom-up or top-down adjustments directly within Excel. The platform also provides dashboards and ad-hoc reporting features. These enable finance teams to improve their analysis and decision-making. Vena's centralized templates, co-authoring, and live chat functionalities promote collaboration and data transparency throughout the planning process.... [Read more](https://www.softwareadvice.com/bpm/vena-profile/) ### Best rated features: Commission Management 5.0 Fixed Asset Management 5.0 Statistical Analysis 5.0 Dynamic Modeling 5.0 ### Worst rated features: Customizable Dashboard 3.0 Exception Reporting 3.0 Asset Lifecycle Management 3.0 Self-Service Reporting 3.5 [See all features](https://www.softwareadvice.com/bpm/vena-profile/#key-features) --- ### Product: Modern Treasury [Modern Treasury](https://www.softwareadvice.com/product/451007-Modern-Treasury/) 4.71 [(14)](https://www.softwareadvice.com/product/451007-Modern-Treasury/) ### Pricing availability Starting price: Price not available Free trial: Not available Free demo: Not available Free version: Not available Software Advice Summary Through Modern Treasury, businesses can leverage advanced financial management tools that enhance efficiency and accuracy. The platform's capacity for AI-assisted suggestions and automations streamlines the invoicing process, cash management, and exception handling, while offering a robust reconciliation system that self-learns to improve over time. Developer-friendly with APIs, webhooks, and SDKs, it also supports pre-built UIs for easy integration into existing products. Beyond execution, its business intelligence capabilities include advanced reporting, customizable alerts for crucial financial activities, and comprehensive support for real-time decision-making, making Modern Treasury an essential tool for modern financial operations.... [Read more](https://www.softwareadvice.com/product/451007-Modern-Treasury/) ### Best rated features: General Ledger 5.0 Recurring/Subscription Billing 5.0 Billing & Invoicing 5.0 Electronic Payments 5.0 ### Worst rated features: Core Banking 3.0 Multi-Currency 3.5 [See all features](https://www.softwareadvice.com/product/451007-Modern-Treasury/#key-features) --- ### Product: Adaptive from Workday [Adaptive from Workday](https://www.softwareadvice.com/nonprofit/workday-adaptive-planning-profile/) 4.47 [(235)](https://www.softwareadvice.com/nonprofit/workday-adaptive-planning-profile/reviews/) Best for:Value for money ### Pricing availability Starting price: Price not available Free trial: Available Free demo: Not available Free version: Not available Software Advice Summary Workday Adaptive Planning is a native-cloud planning solution that empowers finance to configure sophisticated, driver-based models with ease, analyze unlimited scenarios on the fly, and use AI and machine learning (ML) to create predictive forecasts and gain insights. With Workday Adaptive Planning, FP&A teams can create budgets and forecasts with more speed, flexibility, collaboration, and accuracy. And with unlimited scenario analysis backed by machine learning, you can deliver fast answers to complex questions and gain real-time insights. The planning platform has a purpose-built integration framework that helps organizations adapt and perform at scale. Its dashboards and reports ensure that everyone on the team can access timely insights.... [Read more](https://www.softwareadvice.com/nonprofit/workday-adaptive-planning-profile/) ### Best rated features: Purchasing & Receiving 5.0 Historical Reporting 5.0 Calendar Management 5.0 Payroll Management 5.0 ### Worst rated features: For Nonprofits 1.0 Dues Management 2.0 Visual Analytics 2.0 Succession Management 3.0 [See all features](https://www.softwareadvice.com/nonprofit/workday-adaptive-planning-profile/#key-features) ### Workday Adaptive Planning Custom Pricing available upon request ### Workday Adaptive Planning & Consolidation Custom Pricing available upon request [See full pricing details](https://www.softwareadvice.com/nonprofit/workday-adaptive-planning-profile/#pricing-and-plans) --- ### Product: Solver [Solver](https://www.softwareadvice.com/accounting/solver-bi360-profile/) 4.46 [(83)](https://www.softwareadvice.com/accounting/solver-bi360-profile/reviews/) ### Pricing availability Starting price: Price not available Free trial: Available Free demo: Not available Free version: Not available Software Advice Summary Solver is a hybrid corporate performance management (CPM) solution based on the Microsoft platform. It caters to businesses of all sizes across various industry verticals. Key features include reporting, budgeting, dashboards and data warehousing. It can be deployed either in the cloud or on-premise. Solver comes with pre-built integrations to a number of ERPs including Microsoft Dynamics 365, GP, AX, NAV, SL, Acumatica, Sage Intacct and more. It offers both real-time and data warehouse-based reporting, as well as both multi-company and multi-currency reporting. Support is offered via phone, email and online tutorials.... [Read more](https://www.softwareadvice.com/accounting/solver-bi360-profile/) ### Best rated features: Chart of Accounts 5.0 ETL - Extract Transfer Load 5.0 Key Performance Indicators 5.0 Financial Analysis 5.0 ### Worst rated features: Multiple Data Sources 3.0 [See all features](https://www.softwareadvice.com/accounting/solver-bi360-profile/#key-features) --- ### Product: aumico [aumico](https://www.softwareadvice.com/product/505968-aumico/) 4.63 [(16)](https://www.softwareadvice.com/product/505968-aumico/) ### Pricing availability Starting price: CHF400.00/year Free trial: Available Free demo: Not available Free version: Not available ### Basic CHF400.00/year [See full pricing details](https://www.softwareadvice.com/product/505968-aumico/#pricing-and-plans) --- 1 [2](https://www.softwareadvice.com/financial-close/?__ai_markdown=true&page=2)[3](https://www.softwareadvice.com/financial-close/?__ai_markdown=true&page=3)[4](https://www.softwareadvice.com/financial-close/?__ai_markdown=true&page=4)[5](https://www.softwareadvice.com/financial-close/?__ai_markdown=true&page=5)[6](https://www.softwareadvice.com/financial-close/?__ai_markdown=true&page=6) ## Popular Comparisons [ Sage Intacct vs NetSuite ](https://www.softwareadvice.com/accounting/intacct-accounting-profile/vs/netsuite-financials-accounting-software/)[ Vena vs Datarails ](https://www.softwareadvice.com/accounting/datarails-profile/vs/vena/)[ Cube vs Board ](https://www.softwareadvice.com/compare/1931-BOARD/vs/238885-Cube/)[ CCH Tagetik vs Lucanet ](https://www.softwareadvice.com/erp/lucanet-world-profile/vs/tagetik/) Today’s businesses often rely on a variety of accounts payable and receivable systems to manage their financial position. With financial data coming from so many directions, the process of coordinating monthly, quarterly, and annual closings can be cumbersome. Delays in closing can lead to elevated risk assessments from vendors, inaccuracy of financial reporting, and the inability to forecast future financial positions. Financial close software provides businesses with the tools to streamline accounting workflows by managing the overwhelming amount of data. In doing so, companies can benefit from faster, more efficient closing lifecycles. This guide will help you understand the different factors that must be considered when choosing a financial close software solution. Here’s what we'll cover: - [What is financial close software?](#Whatisfinancialclosesoftware) - [Common features of financial close software](#Commonfeaturesoffinancialclosesoftware) - [What type of buyer are you?](#Whattypeofbuyerareyou) - [Benefits of financial close software](#Benefitsoffinancialclosesoftware) - [Key considerations](#Keyconsiderations) - [Market trends](#Markettrends) ## What is financial close software? Financial close software draws on accounting data from multiple financial systems—such as general ledgers, balance sheets, and cash flow statements—to assist in monthly, quarterly, or annual business closings. The consolidation of financial data using one tool allows for the creation of detailed periodic reports and audit trails that can be used to improve financial workflows. ## Common features of financial close software While features vary from product to product, financial close software typically offers some or all of the following functionality:

Financial consolidation and close management

Collect data from multiple accounting and ledger systems, and manage workflows of periodic financial closures.

Financial reporting

Generate reports, such as income statements and balance sheets, that gauge the performance and financial position of a company.

General ledger

Track all financial transactions and record them in a centralized accounting record.

Audit trail

Provide detailed date and time information about when accounting entries are recorded.

Budgeting and forecasting

Allow finance managers to forecast potential financial positions and reallocate expenses as needed.

Dashboard

Display visual representations of statistics and metrics using graphs and charts.

Income and balance sheets

Create statements detailing the financial position of a business using key indicators, such as assets, liabilities, and equity.

Territory management

Organize customers into geographical or virtual territories and assign them to accounting personnel.

Third-party integration

Pull financial data from existing business systems and consolidate information from multiple sources.

## What type of buyer are you? As you research your options for financial close software, consider the type of buyer you are. This will help you better understand your company's needs and the required software features: - **Businesses with a high number of payees:** A key requirement of an accounting department is to make sure that employees, vendors, and suppliers are paid on time. The more payees a company is beholden to, the more complicated the accounting processes become. By utilizing financial close software, these companies can be prepared to consolidate payments across multiple vendors and liabilities in order to hit target closing dates. - **Companies outsourcing accounting duties:** In order to save accounting costs, small to midsize companies are increasingly outsourcing some accounting functions—such as payroll and tax accounting—to third-party companies. Financial close software provides companies with the tools to consolidate third-party financial data with in-house accounting packages and report closing data across multiple platforms. ## Benefits of financial close software By employing financial close software, companies can experience the following benefits: - **Accelerate vendor response:** By providing up-to-date information on outstanding liabilities to vendors and suppliers, financial close software allows your company to prioritize which bills to pay first. In doing so, you will be poised to take advantage of relationships with vendors that reward their clients that pay earlier in the way of product discounts. - **Improve accounting workflows:** In addition to simplifying current accounting close cycles, financial close software provides an audit trail as a tool for identifying where accounting errors and bottlenecks occur. By analyzing date and time information for accounting entries, you will have the information necessary to streamline and improve accounting workflows. - **Gauge performance and forecast:** With all accounting information consolidated in one place at the time of close, financial close software can generate detailed reports about the efficiency of current process and provide vital information to help prepare for future periodic closings. ## Key considerations for purchasing financial close software With so many financial close software offerings on the market today, the process of selecting a vendor can be difficult. Consider the following when choosing a financial close software: - **Keeping up with requirements:** Companies are increasingly being required to meet the demands of governmental and industry regulations, all of which will ultimately impact financial closing and auditing. Before choosing a financial close software solution, be sure to research which product offerings are poised to provide the flexibility to keep up with your industry’s specific requirements. - **Integration with existing systems:** Considering that the goal of financial close software is to consolidate data from multiple accounting systems, it’s vital that you choose an offering that is capable of integrating with your current environment. Be sure to perform an inventory of the software you already have in place before choosing a vendor. ## Market trends to understand When researching the financial close software market, there are some market trends that you may want to consider. **Decentralized workforce:** Due to the recent COVID-19 pandemic and an overall increase in mobile and cloud computing, [more than half of employees](https://assets.regus.com/pdfs/iwg-workplace-survey/iwg-workplace-survey-2019.pdf) globally are now working at least 2.5 days a week outside of their office headquarters. As this trend continues, consolidation of financial data across multiple departments will increasingly benefit from financial close software. **Outsourcing of accounting functions:** In 2019, [37% of companies](https://clutch.co/bpo/virtual-assistants/resources/small-business-outsourcing-statistics) surveyed said that they were using some method of outsourcing to reduce costs, with accounting and payroll being the most outsourced functions. Consolidation of financial from third-party sources will continue to be a challenge for companies that aren’t taking advantage of financial close software. **_Note:_** _The application selected in this article is an example to show a feature in context and is not intended as an endorsement or recommendation. It has been obtained from sources believed to be reliable at the time of publication._ ### Related Financial Close Software - [Accounting Software](https://www.softwareadvice.com/accounting/) - [Accounts Payable Software](https://www.softwareadvice.com/accounting/accounts-payable-comparison/) - [Accounts Receivable Software](https://www.softwareadvice.com/accounting/accounts-receivable-comparison/) - [Billing and Provisioning Software](https://www.softwareadvice.com/billing-and-provisioning/) - [Bookkeeper Software](https://www.softwareadvice.com/accounting/bookkeeping-comparison/) - [Financial Reporting Software](https://www.softwareadvice.com/accounting/financial-reporting-comparison/) - [General Ledger Software](https://www.softwareadvice.com/accounting/general-ledger-comparison/) - [Project Accounting Software](https://www.softwareadvice.com/accounting/project-accounting-software-comparison/) - [Revenue Recognition Software](https://www.softwareadvice.com/revenue-recognition/)