Financial close management software award


Aico named a Rising Star in the Financial Close Management Software category

FeaturedCustomers – a customer reference platform for B2B business software has published a Financial Close Management Software report. The report evaluates 13 vendor software solutions, which provide essential month-end close management features.

Rising Star award in Financial Close Management Software category

Aico is named a Rising Star among other financial close management software vendors. A rising star is a vendor, which does not have the market presence of Market Leaders, but understands where the market is going and has disruptive technology. Rising Stars have been around long enough to establish momentum, customer references and growing social presence.

Earlier, the independent global research consultancy HFS Research had named Aico a Hot Vendor in the Financial Close Software category. In the report, the HFS consultants concluded:

“Aico’s automation focus is very much in line with industry trends in enterprise record to report functions. HFS sees Aico as an alternative to the large financial automation platforms, such as Blackline and Trintech. Smaller vendors can often be more affordable, flexible, and open to co-innovation initiatives. Aico’s willingness to collaborate with its customers as it develops new features is a testament to that.”

Financial Close Management Software report cover


About Aico Financial Close Automation Platform

Aico platform helps enterprises to perform their financial close faster. In addition, Aico provides assurance of compliance and data accuracy. Our platform covers the entire record to report (R2R) process. From account reconciliation and closing task management to journal entries, and financial requests.

Unique ERP integration solution

Aico reduces financial system complexity with a unique API integration to multiple ERPs or multiple ERP system instances. The API or live integration allows our customers to stream data between the Aico platform and ERP systems in real-time, as a result, there is no need for batch file uploads and downloads. Aico platform is the only financial close automation solution providing API integration. Currently, Aico supports integration to SAP, Oracle and Microsoft Dynamics 365 ERP system.

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Find out how Aico can help your company transform the financial close process. Introduce automation, process workflows, visibility and internal controls across all your group companies.