Best Financial Close Software for Government

FloQast provides a transformative accounting platform that uses AI to automate and streamline the financial close process. By integrating with existing tools, it enhances efficiency in reconciling accounts, preparing financial reports, and conducting audits. The AI agents help accounting teams by matching transactions and identifying inefficiencies, allowing accountants to transition from data preparation to strategic oversight. With real-time collaboration and tracking features, FloQast supports accounting teams in delivering faster, more accurate results with reduced operational complexity.

Vena Solutions provides an all-encompassing platform for financial planning and analysis (FP&A) that works harmoniously with Microsoft Excel. This innovative platform empowers companies to enhance their budgeting, forecasting, reporting, and financial closing activities through the use of AI-driven automation. By facilitating real-time collaboration, offering customizable workflows, and featuring user-friendly dashboards, Vena enables organizations to make well-informed decisions, boost operational efficiency, and ensure regulatory compliance. Additionally, Vena's compatibility with Microsoft 365 applications along with its robust data transparency capabilities delivers a unified source of truth for financial operations, making it an excellent choice for businesses, regardless of their size. With its focus on enhancing financial processes, Vena Solutions stands out as a valuable tool for organizations looking to streamline their financial management practices.

Xero enhances the financial closing experience by transforming year-end responsibilities into a swift and straightforward process. It allows you to automate reconciliations, produce reports, and optimize your workflow, guaranteeing precision and adherence to regulations. Thanks to Xero's up-to-the-minute data and flawless integration capabilities, you can confidently and efficiently finalize your accounts.

Our vision is to End Month End. For nearly 30 years, Multiview has been proudly advancing corporate finance and back-office operations alongside our clients so they can spend more time focusing on their business. Corporate Finance and accounting have been leveraged as a way to discuss past performance. There is value in that. We believe, however, there is even more value if you can leverage that information not only monthly, quarterly, or annually, but daily to drive results and decisions with the information. Not talk about the results after it is too late to do something about it. The power of data control is at the hands of the CFO or centralized in an organization is you can share it throughout the company. Trusting the information you’re making decisions on is incredibly important. Ultimately, the finance team’s job is to tell stories. Tell the stories about what is actually going on within an organization, and support the story with accurate, timely data. Join us on our vision to End Month End, and help your organization Stop Chasing Numbers. Start Using them.

RunMyJobs by Redwood is the most awarded SAP-certified SaaS workload automation platform allowing enterprises to achieve end-to-end IT process automation and unify complex across any application, system or environment without limits and with high availability as you scale. We're the #1 job scheduling choice for SAP customers with seamless integration to S/4HANA, BTP, RISE, ECC and more while maintaining a clean core. Empower teams with seamless integration with any present and future tech stack, a low-code editor and a rich library of templates. Monitor processes in real-time with predictive SLA management and get proactive notifications via email or SMS on performance issues or delays in all your processes. Redwood team provides 24/7/365 day global support with the industry’s strongest SLAs and 15-minute response times and a proven approach to migration that secures continuous operations, including team training, on-demand learning and more.

SAP S/4HANA Public Cloud: The Intelligent ERP Solution. Accelerate your digital transformation with AI-powered insights, industry best practices, and a user-friendly interface. Streamline operations, make informed decisions, and unlock new growth opportunities. SOX & GAAP compliance Financial controls, forecasting & Reports, Treasury & tax Process Automation (AI, Machine Learning, Robotic Process Automation) Supply Chain & Inventory Templated Integrations Manufacturing and the ability to scale... Take the lead in industry innovation to drive top-line, green-line and bottom-line growth. Never stop improving. Continuous insight is the key to optimizing business functionality and processes. Securing your success is a matter of choosing a partner who will be there for you

FinAlyzer®, an integrated digital platform for financial consolidation and financial close, analytics, as well as management reporting, acts to facilitate CFO reporting in multientity organizations. It covers integrated group reporting, legal reports, management consolidation, segment-wise profitability reporting, and segment-wise reporting. FinAlyzer converts financial data into actionable insights using decision analytics, KPIs, insights, predictive weathering, benchmarks and more. It is not a code that can be fully configured with the standard accounting taxonomy for IFRS and Ind AS, US GAAPs, IRDAI & MIS. FinAlyzer, a corporate performance management platform, brings together all your financial and operational data seamlessly. This frees up time for report preparation and allows teams to focus on analysis and better decision-making. FinAlyzer is a high-performance BI/CPM solution.

Datarails is a financial analysis and planning platform that automates financial reporting. It also allows finance teams to continue using Excel's familiar spreadsheets and financial models. Finance teams can spend more time analysing data and less time collecting it by automating tedious manual processes. It also allows them to answer crucial strategic questions such as what they can do to increase revenue or reduce expenses.

Enhance efficiency in your operations, make informed choices, and boost expansion through Dynamics 365 Business Central (previously known as Microsoft Dynamics NAV)—a holistic business management platform tailored for small to medium enterprises. Speed up your financial closing process, gain insights into financial performance instantly, and enhance the accuracy of your forecasts while ensuring compliance and security measures are in place. Optimize your profitability by obtaining a comprehensive perspective on all aspects of your operations, including purchasing, manufacturing, inventory, and warehouse management. Oversee the entire sales cycle seamlessly within Outlook and provide outstanding service by having a unified view of customer interactions and service activities. Additionally, plan and track your projects using real-time data on resources, profitability, tasks, and overall progress, thereby ensuring that your business stays on course for success. This integrated approach not only streamlines processes but also empowers businesses to adapt quickly to changing market demands.

Enhance your decision-making, teamwork, and operational efficiency through efficient planning and consolidation processes. By optimizing these aspects, you can dedicate more time to expanding your business rather than focusing on financial closures, resulting in a quicker and more precise closing process. The SAP Business Planning and Consolidation (SAP BPC) application offers comprehensive capabilities for planning, budgeting, forecasting, and financial consolidation, enabling you to adapt plans and forecasts seamlessly, accelerate budget and closing cycles, and maintain compliance with financial reporting standards. Make informed decisions based on what-if analyses and scenario planning, leading to improved results. Utilize a unified software solution for business planning and consolidation to save time and minimize errors. By automating tasks such as aggregations, allocations, and other manual processes, you can expedite planning cycles, all while leveraging what-if scenarios to swiftly identify necessary adjustments and ensure your business stays agile in a dynamic market.

Board is a highly-rated decision-making platform that can be used by organizations of all sizes. It unites business intelligence, corporate performance management, and business analytics capabilities into one powerful platform. This makes it simple to create and maintain any apps in seconds with no coding. Board is available in multiple deployment options, making it easier for users to access the right information faster.

Integrating transactions, analytics, and planning can significantly improve the entire lifecycle of your operations. By implementing streamlined and intelligent automation, organizations can achieve enhanced throughput and efficiency. Tailored billing models based on subscriptions and usage can cater to the specific requirements of your business. Providing actionable insights and recommendations at the decision-making moment allows for immediate evaluations and adjustments. Through comprehensive analytics, organizations can enhance profitability while simultaneously cutting costs. Real-time reporting and predictive analytics enable a thorough assessment of profit margins and contributions, facilitating integrated business planning. Additionally, managing profitability entails analyzing customer experience strategies effectively. By adopting subscription-based revenue models, businesses can pinpoint the ideal product and service combinations that fulfill customer needs. Furthermore, the capability to deliver consolidated invoices, oversee credit scoring, and efficiently resolve disputes offers a holistic view of customer interactions. Streamlining the accounting and financial closing processes can simplify operations significantly. Moreover, merging financial and management accounting along with profitability data into a singular universal journal can enhance clarity and accuracy across your financial landscape. These strategies collectively empower businesses to operate more effectively and responsively in a competitive market.

Engage with your clients effectively, identify coding mistakes, monitor key performance indicators (KPIs), and streamline your workflow. Offer your clients a centralized platform to address unclassified transactions, submit bank statements, and review their financial information. Implement automated email reminders to eliminate the need for manual follow-ups. Identify and rectify misclassified transactions straight from the Keeper application. Monitor KPIs and create tailored financial packages for each client. Upon logging into Keeper, you will typically encounter a Client List that displays all your clients along with your progress on their respective accounts. This list also provides a summary of any open Client Questions, indicating which have been resolved. Additionally, you can enhance your Client List by including Client Properties that offer deeper insights into your clients; for instance, a checkbox feature for VIP clients allows you to filter and view only those clients who are considered a priority. This organization not only boosts efficiency but also enhances the overall client experience.

Asseta serves as an all-encompassing, AI-driven platform aimed at simplifying the financial management tasks of family offices, empowering them to oversee their wealth and accounting processes with both efficiency and transparency. It offers powerful resources for monitoring investments, cash flow, multi-currency dealings, and intricate ownership frameworks, delivering real-time analytics and personalized reporting options. Through its ability to integrate seamlessly, Asseta enables users to gather data from various platforms, including QuickBooks, Bill, and Ramp, into a singular, unified system. Additionally, the platform facilitates the automation of routine financial responsibilities, such as allocations, bill payments, and the month-end closing procedures. Designed with scalability in mind, Asseta not only enhances the efficiency of financial operations for family offices but also improves visibility across diverse entities and currencies on a global scale, thereby fostering informed decision-making. This comprehensive approach allows family offices to focus more on strategic planning and less on administrative burdens.

Experience exceptional financial management and elevate your operational efficiency to new heights. Users frequently share that they save an astonishing 40 hours each month thanks to our platform. With G-Accon, you can trust that you will significantly cut down on expenses through our innovative features. Seamlessly import data from Xero, QuickBooks, and FreshBooks into Google Sheets, make necessary edits, and effortlessly synchronize the information back. Say farewell to the laborious nature of manual data entry, ensuring your records are consistently accurate and current. Leverage comprehensive financial data analytics specifically designed for finance experts. G-Accon’s advanced analytical tools empower CFOs and accountants to make quicker, more informed decisions. Allow G-Accon to manage the demanding aspects of your tasks. Our array of automation tools is expertly crafted for finance professionals, aiming to lessen manual efforts and streamline workflows. Wave goodbye to the hassle of CSV files, as G-Accon allows users to create, update, or remove financial records directly within Google Sheets, enhancing convenience and efficiency. By adopting G-Accon, your financial processes will not only become more efficient but also more reliable.

Our advanced financial platform empowers users to move beyond the constraints of traditional spreadsheets and outdated software. It integrates financial consolidation, planning, reporting, and analysis within a cohesive and adaptable system. Tackle the intricacies of financial closure, consolidation, planning, reporting, and analysis with ease. OneStream adheres to corporate standards while also addressing the specific planning and reporting needs of various business sectors, all within a single, comprehensive application. It allows teams to leverage reliable financial insights from extensive operational data, enabling them to identify patterns and financial indicators that facilitate swift, informed decision-making. Additionally, OneStream accelerates your path to realizing value by incorporating a deep understanding of accounts, currencies, ownership, and intercompany transactions. Transition from numerous outdated systems or cloud-based point solutions to a singular, streamlined application that enhances efficiency. By doing so, organizations can significantly improve their financial operations and strategic initiatives.

ReconArt, an enterprise-class web-based platform, is designed to automate all data reconciliation processes and integrate management. Our reconciliation software solution uses best practices and technology to keep up with digital transformation trends in finance and accounting. ReconArt's integrated functionality supports every aspect of the reconciliation lifecycle: from administrative management and data management, to robust transactional matching and exception management technology, to comprehensive, fully auditable reconciliation of balance sheets, as well as other supporting functionality like journal approvals or variance analysis. ReconArt's user-owned functionality allows for any type of reconciliation. This includes bank accounts, credit cards, payments, GL/suspense and AR/AP. It also supports ledger to subledger, intercompany trades, positions and balance sheets.

Lucanet empowers modern CFOs to lead with ease. Our standardized, ready-to-use, out-of-the-box solutions streamline financial processes and reporting, delivering unmatched speed and accuracy. Trusted by over 5,000 companies globally, Lucanet equips finance teams with compliance-ready data and intelligent workflows that enable confident decision-making. Inside Lucanet, you’ll find a passionate team of over 800 people dedicated to continuously improving our products – and to your success. Together with our global partner network, we provide the local knowledge and ongoing support you need to unlock the strategic potential of your finance team. Whether you're facing challenges with consolidation, financial planning, ESG reporting, or global tax complexities, you can count on Lucanet for an intelligent solution with fast time to value. Let's connect and discuss how we can help you simplify your daily work, gain data-driven insights, and make impactful decisions. 

Enhance the functionality of your FP&A spreadsheets with our Corporate Performance Management software, which seamlessly integrates with Microsoft Excel. Streamline your data organization and automate repetitive tasks to improve both your operational and financial planning processes. Our user-friendly interface allows you to construct cubes, each capable of containing various dimensions, dimension members, and measures. You can easily link Excel cells to any cell within a cube. Thanks to our contemporary Microsoft add-in, you can effortlessly upload and download data from the cloud directly to your spreadsheet templates. Utilize Pivot tables and other business intelligence tools to explore your data in any way you prefer. Additionally, our workflow manager enables the creation of intricate tasks and the attachment of templates, facilitating task completion and approval without cumbersome manual intervention. Tailor alerts and notifications to keep users informed about essential updates. If you find yourself frequently exchanging Excel files or relying on a Corporate Performance Management system only to revert to Excel for formatting, it may be time to consider PivotXL for a more efficient solution. With PivotXL, you can transform your data management experience and significantly increase productivity.

You can easily integrate or upload data from any of your company's systems and ensure that the information remains current by performing manual uploads or setting up automatic connections to platforms such as Google Drive or One Drive. By establishing the matching criteria through a user-friendly spreadsheet-style interface, you enable Simetrik to automatically manage your configuration in the future. Additionally, you can create tailored reports and dashboards that reflect your reconciliation outcomes, with Simetrik handling the updates automatically, thereby liberating you from tedious tasks indefinitely. The system also ensures visibility through SAML SSO, user provisioning, and maintains comprehensive audit trails. Your data will be securely stored in the customer’s cloud-hosted database, adhering to GDPR and privacy shield regulations. We ensure that all information is generated and maintained within a specific territory, preventing any data transfer outside that area to meet various countries' legal standards. Our robust security measures include multiple controls, such as data encryption both during transmission and at rest, ensuring your information remains protected. This comprehensive approach not only enhances data integrity but also builds trust with users by prioritizing their privacy and security.

Enhance the efficiency of even the most intricate closing cycles while ensuring compliance with regulatory demands and financial reporting criteria. The SAP Financial Closing cockpit allows users to boost productivity through centralized oversight and improved automation. By accelerating and refining accounting close procedures, this tool employs event-driven execution integrated seamlessly with SAP's financial solutions to automate various closing activities. It fosters effective collaboration among task owners via a user-friendly cockpit interface. Additionally, it keeps a comprehensive record of all financial closing tasks, including their histories and the individuals who executed them. Users can monitor closing processes at every phase, encompassing manual steps, transactions, programs, jobs, workflows, and remote tasks. With straightforward configuration and robust administrative tools, the implementation of the SAP Financial Closing cockpit is swift and efficient. Furthermore, it enables organizations to adopt a template-driven approach that standardizes closing processes in alignment with industry best practices for optimal results. Embracing this system ensures a more cohesive and streamlined financial closing experience.

Numeric empowers teams to efficiently manage their close process, optimize reconciliations, and utilize AI for automated flux analysis and rapid reporting. By centralizing and refining the month-end close, teams can take advantage of recurring workflows and collaborative tools. Designed for speed, Numeric enables users to operate at an accelerated pace. Enhance your month-end close with automation and workflows that prioritize efficiency and oversight. Manage every aspect of your close from a single interface, encompassing journal entries, reconciliations, flux analysis, review notes, tasks, and subtasks. You can schedule recurring tasks at various intervals—monthly, quarterly, annually, or even on a personalized timeline—ensuring you have the appropriate checklist when needed. All comments can be viewed and addressed, and updates as well as reviews can be conducted from one centralized platform. Additionally, leverage rich-text procedures and pinned links to meticulously document every detail, consolidating all pertinent information in one convenient location. This comprehensive approach not only enhances organization but also fosters clearer communication among team members.

We assist you in automating your financial data, equipping you with insightful financial intelligence that drives decisions. HubiFi’s fully automated accounting processes and ongoing reconciliations, seamlessly linked with your existing tools, enable you to wrap up an accounting period in mere hours rather than weeks. Compatible with the leading accounting software, ERPs, and CRMs, our solution ensures a complete audit trail and lineage from the summary reports down to operational records, capturing all changes throughout the process. You'll never again encounter the phrase “data needs to settle.” With real-time insights into your company's financial health, finance leaders can capitalize on growth and revenue opportunities rather than merely catching up. Moreover, you remain compliant with GAAP standards throughout this process. You can delve into detailed data and address inquiries instantly, while also generating financial reports in real-time. With features for intra-month monitoring and alert notifications, our platform integrates with a variety of financial and operational systems, as well as numerous data sources, ensuring a comprehensive financial management experience. This integration not only streamlines your accounting practices but also enhances overall business efficiency and decision-making capabilities.

Prophix is a comprehensive software solution for corporate performance management (CPM) designed to meet the needs of businesses across various sizes and sectors. By integrating budgeting, planning, forecasting, financial consolidation, and reporting functionalities into a single platform, Prophix enables organizations to transition from traditional Excel methods and enhance their overall performance. Offered both on-premises and in the cloud, it has gained the trust of thousands of businesses globally, allowing them to streamline and automate essential financial operations effectively. This robust software empowers companies to make informed decisions and drive strategic growth.

Explore the potential of your organization with Hubble, an innovative performance platform that integrates reporting, analytics, planning, data visualization, and data integration into one seamless real-time solution. Developed by insightsoftware.com, Hubble is specifically designed for essential business systems such as ERP, HCM, and CRM technologies. Catering to various sectors including Finance, HR, and Operations, Hubble equips every business with the tools to streamline processes while gaining clarity, control, and predictive capabilities over their operations. This comprehensive approach not only enhances decision-making but also promotes a deeper understanding of business dynamics.