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
2021 Trends in Accounting and Finance
How to Stay Organized When Closing Books Remotely
The Importance of Accounts Payable (AP) Automation
Financial Close Software Glossary Terms
Financial Close Software Discussions
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.
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.
FloQast, Numeric, and Double show the strongest evidence of sustained daily use well past rollout, while CloseCore's number-one adoption rate rests on a sample too small to call it a proven pattern yet.
- FloQast (4.6 stars, 1,415 reviews): by far the best sustained-adoption rate among Grid Leaders (88%), and reviewers describe multi-year usage without drop-off, including one reviewer who said they'd found nothing to dislike after two years of daily use.
- Numeric (4.8 stars, 65 reviews): a 95% adoption rate, the highest of any product with meaningful review volume. Reviewers describe fully replacing older tools like shared spreadsheets or Blackline and having every recurring close task live in Numeric since implementation.
- Double (4.9 stars, 80 reviews, reviewed mostly under its former name, Keeper): a 94% adoption rate, and reviewers describe using it for every client and every close since rollout, several noting they can't imagine going back to their old process.
- CloseCore (4.8 stars, 13 reviews): shows a 100% adoption rate in the Grid, the highest of any product in the category, but with only 13 reviews and 6% market presence, that number rests on a very small sample, so I'd treat it as a promising signal rather than a proven pattern yet.
For a team that's already trained on a platform, does sustained daily use matter more than how fast the rollout was in the first place?
A pattern worth watching in the sustained-usage claims: tools keep getting used when they become the actual system of record for the close, meaning the checklist, sign-offs, and reconciliations live there and nowhere else. The drop-off cases tend to be teams that kept the real close in a spreadsheet and used the platform as a mirror; mirrors get stale, and stale mirrors get abandoned. So the question for any of these isn't training quality, it's whether you're prepared to delete the spreadsheet.





