Gartner defines Financial Planning Software as “The key tool that enables organizations to automate and streamline their enterprise-wide financial planning processes. The software supports planning, budgeting and forecasting processes by connecting relevant operational and driver data to profit and loss, balance sheet and cash-flow financial statements. Additionally, the software offers enhanced decision support and analytics that can be customized to unique planning requirements. To provide this support, financial planning software offers data integration, data modeling, reporting and workflow capabilities, which all enhance a user’s ability to effectively manage the planning process and their organization’s financial performance.”
The Gartner Magic Quadrant report for Financial Planning Software provides valuable insights into the latest market trends, the recognized vendors, and vendor evaluation criteria.
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Gartner Magic Quadrant for Financial Planning Software, Regina Crowder, Matthew Mowrey and Vaughan Archer, 5 December 2023.
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