Best Financial Performance and Strategy Management Solutions

What is Financial Performance and Strategy Management?

Financial Performance and Strategy Management solutions help organizations assess and enhance their financial health while aligning strategic goals. These tools are essential for data-driven decision-making and achieving long-term objectives.

To learn more, read our Financial Performance and Strategy Management Buyer's Guide (Updated: November 2024).

The top 5 Financial Performance and Strategy Management solutions are Sage Intacct, Oracle Planning and Budgeting Cloud, Adaptive Insights, Oracle Enterprise Performance Management Cloud and SAP Business Planning and Consolidation, as ranked by PeerSpot users in November 2024. Oracle Planning and Budgeting Cloud received the highest rating of 9.1 among the leaders, is the most popular solution in terms of searches by peers, and holds the largest mind share of 15.5%.

These solutions provide comprehensive insights into financial data, helping businesses monitor key performance indicators and execute strategic plans effectively. By integrating financial metrics with strategic initiatives, companies can ensure better alignment and more informed decision-making. Real user experiences highlight the value these solutions bring in streamlining financial processes, improving transparency, and fostering a proactive approach to strategy management.

What key features should you look for in Financial Performance and Strategy Management solutions?

Real-time financial reporting: Enables continuous monitoring of financial health and immediate action on insights.
Scenario planning: Assists in preparing for various market conditions by simulating different financial scenarios.
Integration capabilities: Ensures seamless data flow between different systems for a holistic financial view.
Performance dashboards: Provides visualizations of key metrics, making it easier to track progress against goals.
Strategic alignment: Links financial performance with strategic objectives for better organizational coherence.

What benefits can you expect from these solutions?

Improved decision-making: Access to real-time data allows for faster and more accurate business decisions.
Enhanced transparency: Clear visualization of financial metrics increases accountability and trust.
Better resource allocation: Aligning financial resources with strategic goals ensures optimal use of company assets.
Increased agility: Scenario planning helps organizations adapt quickly to market changes.
Long-term growth: Focusing on strategic goals while monitoring financial health encourages sustainable growth.

In manufacturing industries, these solutions streamline complex financial operations and support large-scale strategic planning. For technology sectors, quicker decision-making and better resource allocation are facilitated to maintain competitive advantages.

Crafting effective Financial Performance and Strategy Management frameworks helps organizations align financial goals with overall business strategies, promoting efficiency and better financial outcomes.

Buyer's Guide

Financial Performance and Strategy Management

November 2024

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Helped 824,053 peers since 2012

Financial Performance and Strategy Management solutions mindshare

As of December 2024, in the Financial Performance and Strategy Management category, the mindshare of Adaptive Insights is 11.3%, down from 15.0% compared to the previous year. The mindshare of Oracle Planning and Budgeting Cloud is 15.5%, up from 11.6% compared to the previous year. The mindshare of SAP Business Planning and Consolidation is 12.1%, down from 15.0% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Financial Performance and Strategy Management

Top Financial Performance and Strategy Management products

Rankings through

#1 Ranked

Sage Intacct

Sage Intacct is used for accounting, financial reporting, and ERP, enabling salary scheduling, VAT calculations, and nonprofit accounting. It allows API integrations, sub-ledger tools, and approval workflows. Its cloud-based nature supports multi-entity access, enhancing usability with flexible reporting and project management. Users seek improvements in inventory management and regional adaptability.

8.7

Rating

Reviews

849

Words/ Review

725

Total Views

103

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Leader

Oracle Planning and Budgeting Cloud

Oracle Planning and Budgeting Cloud Service enables organizations of all sizes to drive accurate, connected plans across your business and be prepared for what's next. Navigate uncertainty with scenario modeling. Leverage built-in best practices and predictive intelligence across finance, line of business, and operations.

9.1

Rating

Reviews

485

Words/ Review

1,839

Total Views

143

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Buyer's Guide

Financial Performance and Strategy Management

November 2024

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824,053 professionals have used our research since 2012.

Leader

Adaptive Insights

Adaptive Insights is a financial planning and analysis tool used by management consulting professionals and organizations for budgeting and forecasting. Its most valuable features include integration with ERP systems, easy import of actuals for comparison, and the ability to build models for revenue, expense, and personal planning. It also offers a dashboard for efficient financial analysis and the option to collect data from Workday quickly.

8.2

Rating

Reviews

656

Words/ Review

1,271

Total Views

158

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Oracle Enterprise Performance Management Cloud

Gain the agility and insights you need to outperform in any market condition. Oracle Fusion Cloud Enterprise Performance Management (EPM) helps your mid to enterprise level company model and plan across finance, HR, supply chain, and sales, streamline the financial close process, and drive better decisions.

9.0

Rating

Reviews

478

Words/ Review

601

Total Views

104

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SAP Business Planning and Consolidation

The SAP Business Planning and Consolidation (SAP BPC) application delivers planning, budgeting, forecasting, and financial consolidation capabilities, so you can easily adjust plans and forecasts, speed up budget and closing cycles, and ensure compliance with financial reporting standards.

Review

925

Total Views

159

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Vena

Vena is enterprise class software for budgeting, planning and forecasting with powerful reporting & analytics.

258

Total Views

111

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Use our free recommendation engine to learn which Financial Performance and Strategy Management solutions are best for your needs.

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824,053 professionals have used our research since 2012.

Prophix

Prophix Software is a leading developer of solutions designed to automate financial processes including budgeting, planning, reporting, analysis, and performance management for the mid-market. Thousands of finance leaders around the world use Prophix to empower their organization and gain greater insight into business performance. Prophix and its partners deliver the best value by combining high end functionality, low total cost of ownership, and the fastest implementations in its class.

Reviews

306

Total Views

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Abila MIP Fund Accounting

Abila is now part of the Community Brands family, and is the leading provider of software and services to associations and nonprofit organizations that help them improve decision making, execute with greater precision, increase engagement, and generate more revenue. With Abila solutions, association and nonprofit professionals can use data and personal insight to improve financial and strategic decision making, enhance member and donor engagement and value, operate more efficiently and effectively, and increase revenue to better activate their mission. Abila combines decades of industry insight with technology know-how to serve nearly 8,000 customers across North America.

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Hubble

Hubble by insightsoftware.com is an integrated suite of business performance management apps, for JD Edwards and Oracle E-Business Suite, offering reporting, analytics, and planning in a single real-time solution that fully understands your ERP. Hubble integrates all of your critical business systems so that users at all levels have access to real-time data and the ability to automate planning, budgeting, forecasting, and financial close processes. Hubble reporting allows you to connect the whole company around a single source of truth for consistent, accurate decision making. In the financial reporting application, you have access to pre-built templates or you can create your own custom reports. The Hubble analytics application connects data from every facet of your organization to your ERP to create personalized dashboards, scorecards, and visuals. The planning application gives finance and business users the ability to budget, forecast, plan, and close in real-time. View your actuals next to budgets for an up-to-date view of current business performance. You can create your own reports, so that IT no longer needs to be involved.

Reviews

630

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SAP Strategic Enterprise Management

SAP Strategic Enterprise Management (SEM) delivers the capabilities for supporting companies with a wide range of analytical solutions for their financial processes; SAP SEM serves as a valuable tool for effective planning, consolidated financial reporting, corporate performance management, budgeting, forecasting, scorecards and risk management. It goes a long way in equipping organizations with the skills of finding solutions for the efficient management of their financial processes and uses data accumulated by the tools of SAP Business information Warehouse (SAP BW) and other sources.

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Centage

Centage is a game-changing solution for your FP&A needs with our formula-free Budgeting & Forecasting software, designed to revolutionize your financial planning processes. Say goodbye to tedious spreadsheet consolidations and hello to pain-free consolidation, offering streamlined financial report integration, real-time access, and efficient report generation. Experience fast budgeting like never before, with our unique, error-free approach that incorporates built-in accounting rules and business logic, ensuring quick and accurate budget creation. Embrace predictive planning and forecasting without manual formula entry, as our Centage software automatically maps new data sources, saving you valuable time and resources. Plus, benefit from ongoing in-house advisory support from US-based FP&A expert advisors, available for implementation, onboarding, training, health checks, and more. Elevate your budget process to new heights of speed, efficiency, and flexibility with Centage's formula-free, error-free, drag & drop FP&A software.

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SAP Profitability and Performance Management

Optimize business performance and improve the bottom line with the SAP Profitability and Performance Management application. Empower finance and business teams with actionable insights from sophisticated models such as profitability and cost allocations, driver-based planning, shared-services costing, cash-flow modeling, and funds- and liquidity-transfer pricing.

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SAP Profitability and Performance Management vs Hubble

SAS Financial Intelligence

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Greenlight Financial Performance and Risk Analytics

Greenlight Technologies is the pioneering leader of integrated risk management for the enterprise, providing financial, operational and security solutions. Greenlight’s unique ability to integrate with and correlate data across multiple technology domains, coupled with powerful analytics aimed at business users, delivers enterprise visibility of risk exposure and regulatory compliance from a single platform. Global 1000 companies rely on Greenlight Technologies to efficiently enable sustainable access compliance and transaction-control monitoring across enterprise applications and business processes.

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Greenlight Financial Performance and Risk Analytics vs SAS Financial Intelligence

Sage Business Cloud Financials

Sage Business Cloud Financials - formerly Sage Live - offers you accurate, powerful insights into how your small or medium-sized business is performing.

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Planon Financial Management

The Financial Management solution gives you the tools, insights and information to continuously evaluate and analyse the financial and commercial performance of your contracts. This information helps you to identify extra work, avoid budget overruns in actual projects and calculate competitive and profitable sales prices for new customer contracts. Internal performance benchmarking of contracts and projects allows you to search for continuous improvement in operations. By having all customer contracts, additional requests and work order information in one integrated system, you are assured of correct, complete and timely billing through a seamless integration with your financial system.

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Planon Financial Management vs Sage Business Cloud Financials

LTSE Equity

Plan, manage, and collaborate on startup equity. LTSE Equity is the equity management platform designed to help visionary companies across their complete journey.

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Panax

Panax empowers finance teams to be in control of their treasury, and efficiently manage cash and liquidity.

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idu-Concept

idu-Concept provides smart budgeting, forecasting and reporting tools with easy-to-use modules designed to meet all of your business needs.

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Statement

Fast, multi-bank and ERP connectivity, real-time cash positions & working capital analytics, automated A/R reconciliation and AI powered cashflow forecasting. The Statement platform gives strategic leverage to every treasurer.

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SYNCHRO

SynOption operates SYNCHRO, a Crypto Options analytics and trading platform. Synchro allows for trading of Crypto Options in OTC and Exchange based formats, providing liquidity across exchanges, product suites, and alt-coins. Our unique features of Crypto Options make us unique in the market.

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Cake

Retain your best talent through best-practice equity plans, wherever in the world they are. Get built in legal agreements, vesting and communications. Motivate your team, fast. Step away from spreadsheets, streamline your cap table, employee equity. Over 50 countries covered. Adding equity into hiring processes takes seconds. Create stock options or share plans, setup automatic vesting, motivate and reward your team for their work. Easily communicate the value with your team to improve culture, engagement and retention.

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SponsorCloud

SponsorCloud aids in sponsorship and partner relation management, streamlining contract tracking, finances, and deliverables with customizable dashboards and reports. Users praise its automation, central communication, and event management features. However, navigation, speed, reporting detail, customer support responsiveness, and third-party integration features could be improved.

Total Views

RA Platform

RA Platform streamlines workflows and enhances data management. Users value its task automation, collaboration improvement, scalability, and tool integration. Real-time analytics, robust security, and responsive support are notable strengths. Navigation and performance issues occasionally arise, with limited customization and problematic third-party integrations. Clearer documentation and improved support responsiveness are desired.

ESCALA 24x7 FinOps Advisory

ESCALA 24x7 FinOps Advisory helps optimize financial operations with insightful analysis tools. Its strengths include real-time tracking and predictive analytics. While it offers great value in resource management, there is room for improvement in integration capabilities for seamless workflow management.