This RadarView helps identify the right financial management suite to handle core financial operations. It begins with a summary of key trends that are shaping the financial management suite space. We continue with a detailed assessment of 13 vendors offering financial management suites. Each profile provides an overview of the vendor, its financial management suite, and a list of clients and partnerships, along with brief client case studies. Each profile concludes with analyst insights on the provider’s product maturity, enterprise adaptability, and innovation road map.
Why read this RadarView?
Financial management suites help enterprises adhere to changing regulatory requirements to monitor financial performance and improve compliance. Financial management systems are critical for handling and optimizing core financial operations. These solutions help enterprises identify anomalies, automate invoice generation, and provide real-time financial reporting. Moreover, enterprises can generate customized P&L reports based on local regulations. Thus, identifying the right financial management suite based on business requirements is crucial.
This report is designed to help enterprises optimize their financial processes by adopting the right financial management system. It assesses vendors across the key dimensions of product maturity, enterprise adaptability, and innovation road map.
This RadarView includes an analysis of the following Financial Management Suites vendors: Acumatica, Epicor, FinancialForce, IFS, Infor, Microsoft, Oracle, Oracle NetSuite, Ramco, Sage Intacct, SAP, UNIT4, and Workday.
The industry insights and recommendations presented are based on our ongoing interactions with enterprise CXOs and other key executives, and targeted discussions with service providers, subject matter experts, and Avasant Fellows, along with lessons learned from consulting engagements.
Our evaluation of financial management suites is based on primary input from the vendors, focused briefings, public disclosures, and Avasant’s ongoing market interactions. The assessment is across the three dimensions of product maturity, enterprise adaptability, and innovation road map, leading to our recognition of those financial management suites vendors that have brought the most value to the market over the last 12 months.
Table of contents
About the report (Page 3)
Executive summary (Pages 4–8)
- Defining financial management suites
- Key financial management suites trends shaping the market
- Avasant recognizes 13 top-tier financial management suites
The current state (Pages 9–15)
- Drivers for adopting financial management systems
- Features and functions leveraging solutions powered by AI, ML, and OCR
- Incorporation of functionality for fraud detection
- Financial management solutions for addressing industry-specific challenges
RadarView overview (Pages 16–21)
- Research methodology and coverage
- Interpretation of classification
- RadarView assessment
Platform provider profiles (Pages 22–48)
- Featured platform providers: Acumatica, Epicor, FinancialForce, IFS, Infor, Microsoft, Oracle, Oracle NetSuite, Ramco, Sage Intacct, SAP, UNIT4, and Workday
Key contacts (Page 50)
Read the Research Byte based on this report.