3.2.2020

HFS Research names Aico hot vendor for financial close software

The HFS Hot Vendors are an exclusive group of emerging companies with a differentiated value proposition for the Digital OneOffice. The HFS designate a select group as the HFS Hot Vendors based on their offerings: distinctiveness, ecosystem robustness, client impact, financial position, and the impact in HFS OneOffice Framework. The HFS recognises Aico financial close software for the vision and strategy to impact and disrupt the market.

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About HFS Research

The HFS mission is to provide visionary insight into the major innovations impacting business operations: Automation, Artificial Intelligence, Blockchain, Internet of Things, Digital Business Models and Smart Analytics.

HFS defines and visualises the future of business operations across key industries with its OneOffice™ Framework.

HFS influences the strategies of enterprise customers, to help them develop OneOffice backbones to be competitive and to partner with capable services providers, technology suppliers, and third-party advisors. The “As-a-Service Economy” and “OneOffice” are revolutionizing the industry.

About Aico

Aico helps large organisations with multiple legal entities and a large amount of manual finance activities to complete their financial close faster and more accurately.

Aico platform is a suite of financial close automation and management applications, which automates manual and repetitive work and connects finance teams, applications and ERP systems into one workflow. Aico platform enables finance teams to complete period-end closing tasks, manual journal entries and account reconciliations from one user interface with live connection to the ERP systems.

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