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Analyst Report

Gartner® Magic Quadrant™ for Financial Close and Consolidation Solutions

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Analyst Report

OneStream named a Leader in the 2023 Gartner® Magic Quadrant™ for Financial Close and Consolidation Solutions

Gartner defines Financial Close and Consolidation Solutions (FCCS) as, “Applications that enable corporate controllers and their teams to manage the organization’s group close, consolidation and reporting processes. The FCCS market equips organizations to (1) manage and drive financial control across their close cycles through configurable workflows and dashboards that support collaboration and provide a centralized auditable view; (2) execute financial consolidation across multiple legal entities (LEs) and geographies; (3) meet accounting standards for currency translation, intercompany elimination and top-side adjustments; and (4) generate reporting that adheres to Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS) and regional compliance.”

The Gartner Magic Quadrant report for Financial Close and Consolidation Solutions provides valuable insights into the latest market trends, the recognized vendors, and vendor evaluation criteria.

Download your Gartner report to learn:

  • What the latest market trends are in financial close and consolidation
  • Who the evaluated vendors are and how they are placed.
  • Why OneStream was named a Leader
  • Best practices in evaluating and selecting a vendor

Gartner Magic Quadrant for Financial Close and Consolidation Solutions, Nisha Bhandare, Permjeet Gale, Jeffrin Francis, Renata Viana, 27 November 2023.


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