Financial Close Software Resources
Articles, Glossary Terms, Discussions, and Reports to expand your knowledge on Financial Close Software
Resource pages are designed to give you a cross-section of information we have on specific categories. You'll find articles from our experts, feature definitions, discussions from users like you, and reports from industry data.
Financial Close Software Articles
Some Well Known (and Lesser Known) Facts About GAAP
I’m sure many people have heard the term GAAP used in one conversation or another, but unless you are a seasoned accounting or finance professional, you might know little about these important regulations, besides what the acronym stands for.
by Nathan Calabrese
2021 Trends in Accounting and Finance
This post is part of G2's 2021 digital trends series. Read more about G2’s perspective on digital transformation trends in an introduction from Michael Fauscette, G2's chief research officer and Tom Pringle, VP, market research, and additional coverage on trends identified by G2’s analysts.
by Nathan Calabrese
How to Stay Organized When Closing Books Remotely
Almost any public or private business with an accounting and finance department performs a month, quarter, and year-end close, which is a series of steps to review, record, and reconcile accounting information.
For this blog, I’m going to refer to only month-end close for consistency and simplicity.
by Nathan Calabrese
The Importance of Accounts Payable (AP) Automation
The phrase “time is money” has never been more true than it is now.
by Nathan Calabrese
Financial Close Software Glossary Terms
Financial Close Software Discussions
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Question on: SAP Cloud ERP (formerly SAP S/4HANA Cloud)
What is SAP S/4HANA Cloud used for?What is SAP S/4HANA Cloud used for?
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Operating on the SAP HANA in-memory database, SAP S/4HANA Cloud is a Software-as-a-Service (SAAS) variant of the SAP S/4HANA ERP system. Users may virtually access their data more quickly and in real time with SAP S/4HANA Cloud, which speeds up procedures.
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SAP S/4HANA Cloud is a system that helps a company run all its main work in one place—like managing money, sales, inventory, employees, and orders—so everything is faster, easier, and up-to-date in real time.
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Question on: Vena
How long does it take for Vena to sync the files?It is necessary to know the duration of the synchronization since, it seems vital to me when I took the power to view the file for any member of the team, and also how long it takes to synchronize with Android and iOS for the review of supervisors and coordinators.
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The integration we are using is automated with Netsuite and for Vena to be updated with the most recent actuals from Netsuite takes a few minutes, but I'm not sure exactly, since we schedule the load at 3am. When we load spreadsheets, it's a matter of seconds.
For templates and reports to be refreshed with updated information, it also takes a few seconds (if that).
Not sure about iOS or Android, we do not use Vena on mobile devices.
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It could be right away or overnight.
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Question on: FloQast
Will FloQast be compatible with my existing ERP/ GL System?FloQast is ERP agnostic, and compatible with all of the major GL systems on the market today. As long as you can generate a TB export, FloQast can work with you to ensure accuracy of your Balance Sheet reconciliations.
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FloQast integrates with many systems so there would be no need to export a TB manually. If you're using NetSuite or Sage Intacct you would connect directly. If you need to know about a different system, please let me know and I can get the answer for you!
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Financial Close Software Reports
Mid-Market Grid® Report for Financial Close
Winter 2026
G2 Report: Grid® Report
Grid® Report for Financial Close
Winter 2026
G2 Report: Grid® Report
Enterprise Grid® Report for Financial Close
Winter 2026
G2 Report: Grid® Report
Momentum Grid® Report for Financial Close
Winter 2026
G2 Report: Momentum Grid® Report
Small-Business Grid® Report for Financial Close
Winter 2026
G2 Report: Grid® Report
Enterprise Grid® Report for Financial Close
Fall 2025
G2 Report: Grid® Report
Small-Business Grid® Report for Financial Close
Fall 2025
G2 Report: Grid® Report
Mid-Market Grid® Report for Financial Close
Fall 2025
G2 Report: Grid® Report
Grid® Report for Financial Close
Fall 2025
G2 Report: Grid® Report
Momentum Grid® Report for Financial Close
Fall 2025
G2 Report: Momentum Grid® Report





