Financial close management

FloQast Secures $100 Million in Series E Funding, Achieving $1.6 Billion Valuation

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Mercoledì, Aprile 10, 2024
MSD, Cloud, Wil, CPE, Partnership, Growth, Intelligence, CPA, DACH, Accounting, Ecosystem, Conference, Revenue stream, Snowflake, Meritech Capital Partners, Los, Twilio, Sapphire Ventures, Product innovation, Collection, Research, Automation, General partnership, Organization, SAP, BDT, Financial close management, Zoom, ICONIQ, Workplace, Los Angeles Lakers, Renewable energy

With this latest investment, FloQast achieves a post-money valuation of $1.6 billion, underscoring its position as a leader in the accounting and finance technology sector.

Key Points: 
  • With this latest investment, FloQast achieves a post-money valuation of $1.6 billion, underscoring its position as a leader in the accounting and finance technology sector.
  • "Today’s accounting and finance teams have the opportunity to emerge as drivers of growth and strategic change within their organizations,” said Mike Whitmire, CPA*, CEO and co-founder of FloQast.
  • Logo Growth: FloQast now powers more than 2,600 accounting teams, including Twilio, Los Angeles Lakers, Zoom, and Snowflake, among other notable organizations.
  • Creative Brand Strategy: FloQast unveiled an all-new brand strategy , reflecting the company's commitment to innovation and modernization in the accounting industry.

The Momentum Continues: FloQast Logs Top Ranking in Financial Close Category in G2’s Spring Grid Report For Financial Close Management

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Giovedì, Aprile 4, 2024
Automation, FloQast, Usability, CPA, Financial close management

FloQast continues to lead the industry with its user-based awards, ranking number one in nine separate G2 reports and earning 19 awards.

Key Points: 
  • FloQast continues to lead the industry with its user-based awards, ranking number one in nine separate G2 reports and earning 19 awards.
  • In the Spring 2024 Grid Report for Financial Close Management software, users placed FloQast ahead of 26 category competitors.
  • The company took the top ranking for Relationship in the Enterprise and Mid-Market Financial Close Grid and was also ranked number-one in Enterprise Results for Financial Close.
  • In the Spring 2024 grid, FloQast secured badges across a variety of report categories, including:

BlackLine Named to G2's Annual Best Accounting & Finance Software List for the 5th Year in a Row

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Mercoledì, Febbraio 21, 2024
Financial close management, Blackline (software company), CFO, Real estate, LOS, Food, Digital, Documentation, Mid-size car, Peer review, Enterprise, Automation, Workflow

LOS ANGELES, Feb. 21, 2024 /PRNewswire/ -- BlackLine, Inc.'s (Nasdaq: BL) Financial Close Management solution was recently honored by G2, a leading online software marketplace and peer review platform, as one of the 'Best Accounting & Finance Products for 2024'. This marks the fifth consecutive year G2 has recognized BlackLine's leadership position as a premier platform for the Office of the CFO.

Key Points: 
  • The G2 Best Software Awards rank the world's best software companies and products based on authentic, timely reviews from real users.
  • To be recognized as a Best Software Award winner, a company or product must have received at least 50 approved and published reviews during the 2023 calendar year.
  • The only provider of end-to-end financial close automation software on this year's list, BlackLine ranked in the top 50 out of nearly 3,500 accounting and finance products.
  • Using BlackLine in our day-to-day accounting workflow has completely transformed our month-end close process.

FloQast Achieves $100M in Annual Recurring Revenue, Rides Global Momentum into 2024

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Martedì, Febbraio 6, 2024
Cloud, Los Angeles Lakers, SAP, Growth, Twilio, ARR, Ecosystem, CPE, Product innovation, Zoom, Workplace, CPA, FloQast, Collection, Accounting, Snowflake, Los, Financial close management, Automation, DACH, Conference, Organization

This accomplishment marks a transformative year for FloQast, highlighted by an expanding customer roster, international expansion, and numerous accolades.

Key Points: 
  • This accomplishment marks a transformative year for FloQast, highlighted by an expanding customer roster, international expansion, and numerous accolades.
  • "Reaching the $100M ARR milestone is a testament to the incredible dedication and hard work of the entire FloQast team,” said Mike Whitmire, co-founder and CEO at FloQast, CPA.
  • Educational Initiatives: FloQast launched free public CPE/CPD courses through FloQademy , providing valuable educational and entertaining resources for accounting professionals.
  • Culture Building: FloQast is hosting FloQast GO 2024 in Las Vegas from February 5-8, an all-company kickoff event filled with fun activities and educational sessions for the entire FloQast team.

A Year at the Top: FloQast Maintains Top Ranking for all of 2023 with Release of G2’s Winter Grid Report For Financial Close Management

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Lunedì, Dicembre 18, 2023
Momentum, Financial close management, Estimation, Enterprise, Organization, Automation, FloQast, CPA

With the release of G2’s user-based Winter 2024 report for Financial Close Software rankings, FloQast has now earned the first-ranked position as well as received leader badges in all regional grids for five consecutive quarters.

Key Points: 
  • With the release of G2’s user-based Winter 2024 report for Financial Close Software rankings, FloQast has now earned the first-ranked position as well as received leader badges in all regional grids for five consecutive quarters.
  • In the Winter 2024 report, users placed FloQast ahead of 25 category competitors.
  • "2023 has been an incredible year for FloQast as we continue to lead the way in Financial Close Management.
  • In the Winter 2024 grid, FloQast secured badges across a variety of categories in the Enterprise reports, including:

OneStream Software Recognized as a Leader in 2023 Gartner® Magic Quadrant™ for Financial Planning Software

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Lunedì, Dicembre 11, 2023
Technology, Security, Fintech, Banking, Business, Professional Services, Software, Data Management, Artificial Intelligence, Logic, Research, Senior, Magic Quadrant, Consolidation, Financial close management, ARR, Forecasting, CPM, AI, Completeness, News, Publication, Management, Finance, Gartner

OneStream Software , a leader in corporate performance management (CPM) solutions for advancing financial close, consolidation, reporting, planning and forecasting, has been recognized for the second consecutive year as a Leader in the Gartner Magic Quadrant for Financial Planning Software1.

Key Points: 
  • OneStream Software , a leader in corporate performance management (CPM) solutions for advancing financial close, consolidation, reporting, planning and forecasting, has been recognized for the second consecutive year as a Leader in the Gartner Magic Quadrant for Financial Planning Software1.
  • Gartner evaluated 16 financial planning software providers based on their Ability to Execute and Completeness of Vision and placed OneStream in the Leaders Quadrant.
  • “We are honored to be recognized as a Leader in the Gartner Magic Quadrant for Financial Planning Software for the second consecutive year.
  • Regina Crowder, Matthew Mowrey and Vaughan Archer, Senior Director Analysts, wrote in the Magic Quadrant for Financial Planning Software, “Organizations use financial planning software to improve their financial planning and decision-making processes.

Fluence Technologies Recognized as a Challenger in the 2023 Gartner® Magic Quadrant™ for Financial Close and Consolidation Solutions report

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Mercoledì, Dicembre 6, 2023
Technology, Mobile, Wireless, Finance, Fintech, Professional Services, Software, Networks, Data Analytics, Data Management, Research, Magic Quadrant, Challenger, Consolidation, Financial close management, Partnership, Visionaries, Growth, Completeness, Publication, Radiant exposure, Gartner

Fluence Technologies, the only provider of purpose-built financial consolidation, close, and reporting software for complex, high-growth businesses, has been recognized as a Challenger in the Gartner Magic Quadrant for Financial Close and Consolidation Solutions report1.

Key Points: 
  • Fluence Technologies, the only provider of purpose-built financial consolidation, close, and reporting software for complex, high-growth businesses, has been recognized as a Challenger in the Gartner Magic Quadrant for Financial Close and Consolidation Solutions report1.
  • “We are proud to be recognized as a Challenger in the Gartner Magic Quadrant for Financial Close and Consolidation Solutions report,” said Michael Morrison, CEO of Fluence.
  • 1Gartner, Magic Quadrant for Financial Close and Consolidation, Nisha Bhandare, Permjeet Gale, Renata Viana, and Jeffrin Francis, 27 November 2023.
  • Only the Fluence financial close, consolidation, and report management platform delivers an enterprise-grade, out-of-the-box solution for modern, high-growth companies.

OneStream Software Recognized as a Leader in 2023 Gartner® Magic Quadrant™ for Financial Close and Consolidation Solutions

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Lunedì, Dicembre 4, 2023
Technology, Finance, Security, Fintech, Banking, Professional Services, Software, Data Management, Artificial Intelligence, Research, Senior, Magic Quadrant, Bank statement, Financial close management, ARR, Forecasting, CPM, Completeness, News, Publication, Gartner

OneStream Software , a leader in corporate performance management (CPM) solutions for advancing financial close, consolidation, reporting, planning and forecasting, has again been recognized as a Leader in the Gartner Magic Quadrant for Financial Close and Consolidation Solutions1.

Key Points: 
  • OneStream Software , a leader in corporate performance management (CPM) solutions for advancing financial close, consolidation, reporting, planning and forecasting, has again been recognized as a Leader in the Gartner Magic Quadrant for Financial Close and Consolidation Solutions1.
  • Gartner evaluated 14 financial close and consolidation solution providers based on their Ability to Execute and Completeness of Vision and placed OneStream in the Leaders Quadrant.
  • “We are proud to be recognized as a Leader in the Gartner Magic Quadrant for Financial Close and Consolidation Solutions.
  • We believe this placement as a Leader is validation of our advanced financial close, consolidation and reporting capabilities, powerful financial data management and quality and our ability to address the requirements of the world’s largest global enterprises,” said Tom Shea, CEO at OneStream.

Oracle Named a Leader in 2023 Gartner® Magic Quadrant™ Reports for Financial Planning Software and Financial Close and Consolidation Solutions

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Martedì, Dicembre 12, 2023
Cloud, Research, Organization, Human voice, Software, Consolidation, Bank statement, Customer, Book, Oracle Financial Services Software, Product management, Financial close management, Intelligence, Machine learning, EPM, Magic, Manual, Finance, HR, ERP, Magic Quadrant, Completeness, MAGIC, Publication, Asset management, Risk management, Gartner, Oracle, AI

AUSTIN, Texas, Dec. 12, 2023 /PRNewswire/ -- Oracle has been named a Leader in the 2023 Gartner® Magic Quadrant™ for Financial Planning Software and the 2023 Gartner® Magic Quadrant™ for Cloud Financial Close and Consolidation Solutions. In both reports, Oracle was recognized as a Leader for its Ability to Execute and Completeness of Vision for Oracle Fusion Cloud Enterprise Performance Management (EPM). 

Key Points: 
  • AUSTIN, Texas, Dec. 12, 2023 /PRNewswire/ -- Oracle has been named a Leader in the 2023 Gartner® Magic Quadrant™ for Financial Planning Software and the 2023 Gartner® Magic Quadrant™ for Cloud Financial Close and Consolidation Solutions .
  • "Oracle Cloud EPM helps customers embrace automation and intelligence to improve the speed and accuracy of financial insights.
  • With Oracle Cloud EPM, organizations can:
    Enable a Faster, Easier, and More Comprehensive Close: Oracle Cloud EPM includes purpose-built Financial Consolidation and Close capabilities that enable finance teams to effectively manage the entire consolidation and close process.
  • Earlier this year, Oracle was named a Customers' Choice for North America in the 2023 Gartner Peer Insights Voice of the Customer for Financial Planning Software report .

Vena Named a Visionary in Financial Close and Consolidation Solutions in Gartner's 2023 Magic Quadrant

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Mercoledì, Dicembre 6, 2023
Jedox, Research, Senior, Creativity, Completeness, IBM, Blackline, Financial close management, Magic, GAAP, Magic Quadrant, AI, Microsoft, Gartner, Retail, Management, Solver, Vena

TORONTO, Dec. 6, 2023 /PRNewswire/ -- Vena, the Complete Planning platform loved by finance and trusted by business, today announced it has been named a Visionary by the research firm Gartner® in its 2023 Magic Quadrant© for Financial Close and Consolidation Services (FCCS). The analysis ranked Vena's vision above seven companies, including Blackline, IBM, Solver, Jedox, Planful and Prophix.

Key Points: 
  • Complete Planning platform noted for its innovation, responsiveness to customer needs and wants
    TORONTO, Dec. 6, 2023 /PRNewswire/ -- Vena , the Complete Planning platform loved by finance and trusted by business, today announced it has been named a Visionary by the research firm Gartner® in its 2023 Magic Quadrant© for Financial Close and Consolidation Services (FCCS).
  • "To be named a Magic Quadrant Visionary means Gartner sees us as bringing a unique, ambitious and transformative approach to financial close and consolidation," said Hugh Cumming, Chief Technology Officer at Vena.
  • Nisha Bhandare, Vice President Analyst; Permjeet Gale, Senior Director Analyst; Jeffrin Francis, Director; and Renata Viana, Director Analyst, wrote in the Magic Quadrant for Financial Close and Consolidation Solutions, "Financial Close and Consolidation Solutions enable finance teams to manage their organization's close, consolidation and reporting processes.
  • As defined by Gartner, a Visionary in the Magic Quadrant is a company that understands where the market is going and that has a vision for changing market rules.