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Top 10 Financial Control and Automation Solution Companies 2019

The emergence of financial control and automation solutions is transforming the industry by allowing organizations to adhere to business plans and rollout quick amendments in case of anomalies, irregularities, or unforeseen changes within business processes. Gone are the days when accountants had to spend long hours optimizing the company’s financial statements during the end of a month. Today, software solutions that automate vital financial tasks such as accounts reconciliation, journal entries, and financial statements, enable companies to eliminate human errors and streamline their operations. Advanced finance control and automation solutions that leverage cloud, AI, machine learning, and blockchain are being employed to improve an enterprise’s core accounting and financial processing.

Cloud-based management tools empower financial organizations to efficiently monitor their accounting and financial processes with real-time visibility into daily operations. The rise of AI and machine learning-powered software solutions are used to drive accuracy in accounting by eliminating the burden of manual bookkeeping, saving valuable human resources to deal with essential accounting issues. In the wake of ever-evolving regulatory requirements in the industry, companies are also leveraging blockchain technology to streamline their financial reporting, thereby staying on par with the compliance mandates of the current day and age.

Regardless of an organization’s size, financial control and automation software have become crucial prerequisites to boost efficiency and profitability in a business. However, in the current competitive market, it can be troublesome for companies to choose the right solution provider from the multitude of vendors in the market. To help them carry out this task with ease, a distinguished panel of CEOs, CIOs, VCs, industry analysts, and CFO Tech Outlook’s editorial board has narrowed down the selection of industry leaders to a list of 10 forerunners in the finance arena.

We present to you the “Top 10 Financial Control and Automation Solution Providers - 2019.”

    Top Financial Control and Automation Tech Companies

  • Artsyl Technologies provides solutions for business process automation, to eliminate the hassles caused by manual invoice processing. Artsyl focuses on delivering products and solutions for smart process technology to companies of all sizes and kinds, offering intelligent automation for routine company procedures so that your organization can do more with less manual work. Artsyl is definitely one of the fastest-growing Smart Process Technology companies worldwide with an attractive partner program, flexible pricing, and great support. With its robust, versatile, and intuitive technology, the company has been solving complicated client business process issues for over a century

  • BlackLine is a leading provider of cloud-based solutions that transform finance and accounting by automating, centralizing and streamlining financial close operations, intercompany accounting processes and other key F&A processes for large enterprises and midsize organizations. Designed to complement all ERP and other financial systems, including SAP, Oracle and NetSuite virtually, BlackLine increases operational efficiency, real-time visibility, control and compliance to ensure end-to-end financial close management and accounting automation from within a single, unified cloud platform. BlackLine helps companies modernize F&A operations with intelligent automation, ensuring more accurate and insightful financial statements and a more efficient financial close

  • Computhink is revolutionizing business environments with an array of integrated digital business solutions. The company is the developer of the Contentverse Document Management System that alleviates overwhelming information input and related office document processes in a secure environment. Contentverse can be deployed in multiple environments and accessed via the web and through web access. Computhink focuses on implementing the best possible document management software accessible to businesses across the globe. The company offers robust ECM offering that houses analytics capabilities to enhance and streamline business operations

  • Pivot develops software solutions to bridge the gaps that SAP Concur fails to address. PivotPrime, a full-circle project expense management solution, which focuses on the accounts receivable side of the business. While Concur Expense, a module of SAP concur helps in automated, fast, and accurate cost tracking and reporting project expense allocations at granular levels, PivotPrime uses all the Concur data including receipt images and discrete project details creating statements for each client and project. Apart from helping businesses reconcile their account receivable, Pivot helps them to connect their Concur Expense and Concur Invoice with popular ERP/accounting applications through PivotNexus

  • SkyStem is a provider of account reconciliation application for organizations seeking to streamline their financial processes. ART is the company's flagship solution, which is an enterprise technology helping CFOs and Controllers shorten the month-end close and time to issue financials by automating balance sheet reconciliations. The web-based solution streamlines and eliminates up to 90 percent of manual activities while strengthening internal controls and corporate governance. This company brings soul to the software by providing intelligent and intuitive solutions that provide customers the opportunity to focus on more dynamic and fulfilling work

  • V3 Information Management is an informative management solutions provider focused on content and document management and document repository solutions. V3 lets the employee use a personalized dashboard to view and access any content stored at an organization from a central repository. It helps in automating a company's unique business processes and workflows within departments or across the enterprise. V3 Information Management secures critical information for corporate and regulatory compliances. V3 specializes in post-implementation success and has a clear strategy and plans while working with clients

  • Fiserv, Inc.

    Fiserv, Inc.

    A leading global technology provider serving the financial services industry, driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization

  • FloQast


    FloQast is close management software provider built by accountants for accountants to close the books faster and more accurately. This company is built for accountants to integrate with the existing systems and checklists seamlessly; to work the way a team does with increased visibility & centralization for every month-end close. It builds cloud-based software that manages accounting departments by centralizing the workflow, maintaining supporting documentation, assigning tasks, and automating reconciliations. The organization offers Close Management Software for accountants, by accountants to close the books faster and accurately

  • Trintech


    Provide enterprise-class financial solutions for the Record to Report process to organizations committed to transforming their financial process to best in class levels of efficiency and effectiveness

  • Workiva


    Workiva is the leading cloud provider of connected data, reporting, and compliance solutions and, is used by thousands of enterprises across 180 countries