"27 Prime Financial Reporting Software Companies to Know”

5
min read
Top 27 Financial Reporting Software Companies Main

"27 Prime Financial Reporting Software Companies to Know”

5
min read
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Top 27 Financial Reporting Software Companies Main
Top firms trust Inven to find niche companies

The financial reporting software industry is one that caters to the technological demands of financial departments across various sectors. These companies develop sophisticated systems designed to simplify, automate, and improve intricate financial reporting processes. By offering solutions that manage accounting functions, financial forecasting, regulatory compliance, and risk analysis, amongst others, these businesses are instrumental in maximizing efficiency, accuracy, and transparency within an organization's financial realm. As technology continues to evolve, the industry anticipates growth towards embracing artificial intelligence, machine learning and automation to further streamline financial operations.


Top 27 Financial Reporting Software Companies

1. Workiva

  • Website: workiva.com
  • Headquarters: Ames, Iowa, United States
  • Founded: 2008
  • Headcount: 1001-5000
  • Latest funding type: Ipo
  • LinkedIn

Workiva is a platform that simplifies work by offering templates, connectors, and services. It provides solutions for accounting & finance, ESG & sustainability, audit, risk & compliance, and legal teams. Workiva serves various industries such as banking, energy and utilities, government, higher education, insurance, and investments. Its customers range from organizations worldwide to individuals looking for a solution for their work. Workiva offers a platform that automates financial reporting and connects teams and processes to simplify work.


2. BlackLine

  • Website: blackline.com
  • Headquarters: Woodland Hills, California, United States
  • Founded: 2001
  • Headcount: 1001-5000
  • Latest funding type: Ipo
  • LinkedIn

BlackLine is a company that offers financial close management solutions and services. They provide software and tools to help businesses streamline their accounting processes, improve accuracy, and ensure compliance.


3. Prophix

  • Website: prophix.com
  • Headquarters: Mississauga, Ontario, Canada
  • Founded: 1987
  • Headcount: 501-1000
  • Latest funding type: Debt Financing
  • LinkedIn

Prophix is a comprehensive software that helps automate repetitive business processes, such as data imports, report generation, and allocations. It allows finance departments to logically and consistently create budgets, plans, and forecasts, saving time and increasing efficiency. With Prophix, users can build financial statements in a fraction of the time compared to manual processes.


4. Solver

  • Website: solverglobal.com
  • Headquarters: Los Angeles, California, United States
  • Founded: 1996
  • Headcount: 51-200
  • Latest funding type: Acquired
  • LinkedIn

SolverGlobal.com is a cloud-based Corporate Performance Management (CPM) software provider. They offer solutions for optimizing organizational planning, reporting, and performance. With their QuickStart deployment, businesses can gain immediate access to powerful solutions that streamline planning and reporting processes. Solver harnesses the cloud to consolidate data from ERP systems and other key sources, delivering crucial insights to help organizations make informed decisions. They also provide pre-built integrations and extensive expertise to amplify the power of ERP systems. SolverGlobal.com is dedicated to automating budgeting and forecasting processes, reducing time and errors.


5. Certent - insightsoftware

  • Website: certent.com
  • Headquarters: Roseville, California, United States
  • Founded: 2002
  • Headcount: 201-500
  • LinkedIn

Certent is a company that specializes in disclosure management and reporting solutions for businesses. They offer software and services that help companies organize and streamline their financial reporting processes.


6. Invoke

Invoke Software provides cutting-edge technological components and packaged solutions for XBRL reporting, validation, and analysis in the banking and insurance sectors. They offer specialized regulatory solutions to address the reporting needs of banks and insurance companies, such as COREP, FINREP, CRD IV, and Solvency 2 Pillar 3. Their expertise in XBRL technology and solutions makes them a leading provider in the industry.


7. BrightAnalytics

BrightAnalytics is a young scale-up that automates the complex reporting processes of financial, operational, and cash figures for companies. It offers a management reporting platform that provides clear insight into a company's Corporate Performance, helping businesses gain speed and grow in a controlled manner.


8. Fluence Technologies

  • Website: fluencetech.com
  • Headquarters: Toronto, Ontario, Canada
  • Founded: 2018
  • Headcount: 51-200
  • Latest funding type: Series A
  • LinkedIn

FluenceTech.com offers cloud-based financial consolidation and reporting solutions for businesses. With their platform, companies can produce interactive reports on real-time metrics, deliver consolidated financial statements efficiently, and lay out the order of operations for various processes. Their software leverages the power of native Excel to provide flexible and accurate solutions for financial close and planning. FluenceTech.com is dedicated to helping businesses achieve peace of mind and financial success.


9. Delbridge Solutions

Delbridge Solutions is a leading provider of Corporate Performance Management (CPM) solutions, offering expertise in budgeting, forecasting, consolidation, account reconciliation, and reporting. They streamline sales processes for clients with solutions for Sales Performance Management (SPM) including sales planning, territory quota planning/management, and incentive compensation. Delbridge has a reputation for excellence and unparalleled expertise, making them a sought-after partner for organizations worldwide looking to modernize their processes.


10. Br-ag

  • Website: br-ag.eu
  • Headquarters: Poznan, Poland, Poland
  • Founded: 2005
  • Headcount: 51-200
  • LinkedIn

BR-AG is a technology-driven company that specializes in regulatory reporting solutions for investment firms. They offer services such as data model management and software solutions for compliance with regulatory policies. Their expertise lies in developing data standards, methodologies, and frameworks in collaboration with financial authorities. They work closely with their clients to understand the impact of regulatory implementation on their operations.


11. Taxcom

  • Website: taxcom.ru
  • Headquarters: Нагатино-Садовники, Москва, Russian Federation
  • Founded: 2000
  • Headcount: 1001-5000
  • LinkedIn

Taxcom is a company that offers a wide range of products and services related to electronic signatures, electronic reporting, online cash registers, and business support. They specialize in providing solutions for tax compliance, financial reporting, document management, and customer verification.


12. Donnelley Financial Solutions (DFIN)

DFIN Solutions is a company that offers Venue secure VDR and data room services for streamlining M&A diligence, negotiations, and reducing costs in strategic transactions. They provide data privacy protection, auto-redaction capabilities, and self-launching data rooms.


13. Confluence

  • Website: confluence.com
  • Headquarters: Pittsburgh, Pennsylvania, United States
  • Founded: 1991
  • Headcount: 501-1000
  • Latest funding type: Acquired
  • LinkedIn

Confluence is a company that offers sophisticated and comprehensive solutions to mitigate risk and meet regulatory requirements in the financial and operational sectors. They empower teams with regulatory insight and flexible data automation, comprehensive analytics, and automated output through a controlled and auditable system. Their solutions increase scalability and efficiency while navigating and complying with complicated global regulatory mandates.


14. Visma Dinero

  • Website: dinero.dk
  • Headquarters: København V, København, Denmark
  • Founded: 2010
  • Headcount: 51-200
  • Latest funding type: Acquired
  • LinkedIn

Dinero.dk is an online accounting software platform that helps businesses manage their finances and bookkeeping. It provides tools and resources for small and medium-sized enterprises to easily handle their accounts, invoicing, and financial reporting.


15. Acssi

  • Website: acssi.fr
  • Headquarters: Villeneuve D'Ascq, Provence-Alpes-Cote D&S;Azur, France
  • Founded: 1989
  • Headcount: 201-500
  • LinkedIn

ACSSI is a data analytics company that offers services in data management, data integration, and data analytics. With expertise in QlikSense, Talend, and DataGalaxy, ACSSI helps organizations optimize their database, improve financial reporting, and make informed business decisions. They cater to various industries such as banking, retail, logistics, and the public sector.


16. ParsePort

  • Website: parseport.com
  • Headquarters: Albertslund, Albertslund Kommune, Denmark
  • Founded: 2009
  • Headcount: 51-200
  • Latest funding type: Acquired
  • LinkedIn

ParsePort provides XBRL solutions for reporting needs, allowing for unlimited conversions, review of reports in multiple taxonomies, and inspection of XBRL files against local GAAP taxonomies.


17. Tennaxia

  • Website: tennaxia.com
  • Headquarters: Laval Cedex 9, Pays De La Loire, France
  • Founded: 2001
  • Headcount: 51-200
  • LinkedIn

Tennaxia is a major actor in the market, providing software and consulting services to support companies in their commitment to Corporate Social Responsibility and Environmental Responsibility since 2001. With over 15,000 clients in more than 90 countries, Tennaxia helps businesses enhance their sustainable performance and improve their extra-financial reporting.


18. JMT Consulting

JMT Consulting is a leading provider of accounting software and services for nonprofit organizations. They specialize in implementing custom systems and offering outsourced accounting services to help nonprofits manage their finances effectively. With their expertise in nonprofit accounting, JMT Consulting helps organizations gain insight and make informed decisions through the use of powerful dashboards and reporting tools. They offer best-in-class training and support to ensure their clients get the most out of their accounting software. JMT Consulting is dedicated to serving the unique needs of the nonprofit sector.


19. Accounting Seed

  • Website: accountingseed.com
  • Headquarters: Columbia, Maryland, United States
  • Founded: 2008
  • Headcount: 51-200
  • Latest funding type: Private Equity
  • LinkedIn

Accounting Seed is a fully native Salesforce accounting platform that provides scalable accounting solutions for businesses. It eliminates silos of missing and inaccurate information, allowing businesses to run their operations from one system with a single source of data.


20. Finext

  • Website: finext.nl
  • Headquarters: Den Haag, Zuid Holland, Netherlands
  • Founded: 1999
  • Headcount: 51-200
  • LinkedIn

Finext is a financial consultancy firm that helps financial professionals optimize their work. They focus on technologies that streamline financial processes and provide reliable management information. With their expertise in digital finance, they support clients with financial planning, forecasting, reporting, and performance management. Finext enables organizations to make informed decisions and achieve their business goals.


21. FundCount

  • Website: fundcount.com
  • Headquarters: Norwood, Massachusetts, United States
  • Founded: 1999
  • Headcount: 51-200
  • LinkedIn

FundCount is a financial software company that offers solutions for hedge funds, private equity firms, and family offices. Their integrated platform provides portfolio accounting, partnership accounting, general ledger reporting, and data aggregation services. They also offer the FundCount Investor Portal, allowing clients to access and view their investments from any device. With a focus on efficiency and accuracy, FundCount's software helps streamline operations and reduce operational risk for their customers.


22. Lex Tax

Lextax.com.br is a company that offers tools and solutions to help organizations comply with the complex requirements of the ECF (Escrituração Contábil Fiscal). They provide a systematic approach to the extensive calculations, reporting, and record-keeping needed for accurate tax calculations and financial reporting.


23. ABM Finance

ABM Finance is a company that provides financial management solutions for businesses. They offer a software product called ABM Finance, which allows companies to plan and analyze their financial data, manage budgets and financial reporting, and make informed management decisions. The company serves various industries and helps businesses streamline their financial processes.


24. AccountingWare

AccountingWare is an enterprise accounting software provider that offers versatile and customizable solutions for businesses. Their software supports various accounting functions such as accounts payable, accounts receivable, bank reconciliation, fixed assets, general ledger, and payroll. AccountingWare's ActivReporter feature provides real-time and detailed reporting for Microsoft Dynamics GP. They also offer SwipeClock, a workforce management solution. The company prioritizes flexibility and the ability to adapt to the unique needs of different industries.


25. The Portland House Group Pty. Ltd.

FMO is a company offering financial management and reporting solutions to asset managers and fund managers. They provide integration with front office trading applications, allowing the capture and processing of trades. FMO offers portfolio modeling functions and custom reporting options. They assist clients in adhering to reporting requirements and offer data security features. FMO enables automated workflows for investment decision-making and supports middle and back office operations.


26. Clausion

  • Website: clausion.com
  • Headquarters: Espoo, Southern Finland, Finland
  • Founded: 2018
  • Headcount: 51-200
  • Latest funding type: Acquired
  • LinkedIn

Clausion is a unique financial management tool that offers solutions for financial consolidation, ESEF reporting, IFRS16 compliance, business planning, budgeting and forecasting, BI reporting, dynamic reporting, financial reporting, and scenario planning. It automates processes and provides ready-made templates to make financial consolidation easy and smooth. With Clausion, companies can streamline their daily routines and reach the next level of financial management.


27. Benefit Software

  • Website: benefit.gr
  • Headquarters: Pireás, Attiki, Greece
  • Founded: 1992
  • Headcount: 51-200
  • LinkedIn

Benefit.gr offers best-in-class Business Analytics services, empowering businesses to identify risks, define trends, develop presentations, investigate scenarios, establish targets, and generate financial reports efficiently.


Want to find more financial reporting software companies?


If you want to find more companies that offer financial automation, reporting, and compliance solutions you can do so with Inven. This list was built with Inven and there are hundreds of companies like these globally.


With Inven you'll also get to know the company's:


  • Ownership: Which of these are private equity backed? Which are family-owned?
  • Contact data: Who are the owners and CEO's? What are their emails and phone numbers?
  • Financials: How do these companies perform financially? What are their revenues and profit margins?

...and a lot more!

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