Fluence Technologies Emerges as a Challenger in Gartner’s 2023 Financial Close and Consolidation Solutions Magic Quadrant

In the dynamic realm of financial technology, Fluence Technologies has recently been recognized as a Challenger in the Gartner Magic Quadrant for Financial Close and Consolidation Solutions. This recognition underlines Fluence’s critical role in revolutionizing financial processes.

“A Gartner Magic Quadrant is a culmination of research in a specific market, giving you a wide-angle view of the relative positions of the market’s competitors.” Providers are positioned into four quadrants: Leaders, Challengers, Visionaries and Niche Players. The research enables you to get the most from market analysis in alignment with your unique business and technology needs.

‍Fluence Technologies puts control in the hands of finance and accounting teams so they can close faster, report with confidence, and do more with less. The Fluence financial close, consolidation, and report management platform delivers an enterprise-grade, out-of-the-box solution for modern, high-growth companies. Truly cloud-based and finance-owned, Fluence’s no-code approach means accelerated time to value and immediate adoption.

Fluence Technologies is proud to be recognized as a Challenger in the Gartner Magic Quadrant for Financial Close and Consolidation Solutions report. “As a younger company in a market that has seen relatively little innovation in the past fifteen years, we are pleased to be placed as a Challenger and we believe it validates the work of the Fluence team. Fluence boasts deep expertise in the financial close and consolidation space and we bring that expertise directly to our customers and partners with our modern, easy-to-use no-code solution”, said Michael Morrison, CEO of Fluence.

Fluence Technologies’ acknowledgment in the Gartner Magic Quadrant solidifies its role as a reliable partner in the digital transformation of financial processes. With a commitment to innovation, scalability, and a user-centric approach, Fluence Technologies is poised to shape the future landscape of financial technology.

As one of the most trusted implementation partner of Fluence Technologies, we congratulate Fluence Technologies with this big milestone!

Gartner subscribers can access the 2023 Gartner Magic Quadrant for Financial Close and Consolidation here.