Australia verdict (TL;DR)
Verified 2026-05-24Australian financial close software is dominated by BlackLine at ASX 200 large enterprise and FloQast at modern Australian mid-market. Workiva sits in the close-and-disclosure overlap, especially for ASX-listed entities that also use Workiva for AASB S2 climate disclosure. ASX continuous disclosure obligations, half-year and full-year reporting timelines, and AASB IFRS standards (AASB 15, 16, 9) define the Australian close cycle. APRA-regulated entities (banks, insurers, super funds) have an additional CPS 234 information security overlay and prudential reporting deadlines. Big 4 (PwC, KPMG, Deloitte, EY) audit teams in Australia drive close-software adoption decisions.
Picks for Australia
- ASX 100 large enterprise (5,000+ employees) account-reconciliation focus: blackline Default at ASX 100 large enterprise. Sydney sales presence. Deep account-reconciliation, journal entry, and intercompany matching. Big 4 audit team familiarity high in Australia. ERP-agnostic (SAP, Oracle, Workday, NetSuite).
- Australian mid-market modern close (200-1,000 employees): floqast Modern UX, Excel-friendly close-checklist, strong NetSuite and Xero integration. Default at modern Australian mid-market SaaS and services firms.
- ASX-listed entity wanting unified close + ASRS disclosure: workiva-close Workiva Wdesk handles ASX continuous disclosure, half-year, full-year, and now AASB S2 climate disclosure on one platform. Strong fit when close and disclosure are managed by the same finance team.
- Australian Big 4-bank close cycle (CBA, Westpac, ANZ, NAB): trintech Trintech Cadency is used at Australian Big 4 banks for high-volume reconciliation. Strong APRA-regulated close-cycle execution.
- Australian CPM-led close + budgeting (200-2,000 employees): onestream Unified financial close + budgeting + reporting + consolidation. Strong fit for Australian mid-market wanting one platform for close and FP&A.
- Modern Australian SaaS scale-up close (50-500 employees): numeric Modern UX with strong NetSuite, QuickBooks Online integration. Good fit for Australian scale-ups (Atlassian-trajectory, Canva-trajectory) wanting fast close at lower TCO than FloQast.
How the financial close & consolidation market looks in Australia
Australian financial close software is shaped by ASX-listed company reporting timelines and the AASB IFRS standards. ASX continuous disclosure under Listing Rule 3.1, half-year reporting within 75 days of half-year end, and full-year reporting within 75 days of year-end (or 90 days if no half-year requirement) create predictable close cycles that drive close-software adoption. AASB 15 revenue, AASB 16 leases, and AASB 9 financial instruments add operational complexity that close software helps manage.
BlackLine dominates ASX 100 large enterprise with Sydney sales presence and Big 4 audit team familiarity (PwC, KPMG, Deloitte, EY Australia). The textbook Australian large-enterprise close stack is: ERP (SAP S/4HANA, Oracle ERP Cloud, Workday Financials, NetSuite) + BlackLine for reconciliation and journal entry + Workiva for disclosure document chain. FloQast dominates the modern Australian mid-market with strong NetSuite and Xero integration. Numeric is gaining share at Australian SaaS scale-ups.
APRA-regulated entities (banks, credit unions, super funds, insurers, RSE licensees) have an additional layer: CPS 234 information security obligations for close-software vendor due diligence, plus APRA prudential reporting deadlines that constrain close-cycle calendars. APRA Connect reporting, ARS prudential standards, and the CPS 230 operational risk management framework (from July 2025) drive close-software requirements at Australian banks and insurers.
Compliance: AASB 15, 16, 9 IFRS standards. ASX Listing Rule 3.1 continuous disclosure. ASIC enforcement on financial reporting quality. APRA CPS 234 and CPS 230 for regulated entities. Modern Slavery Act 2018 for A$100M+ entities. Privacy Act 1988 and APP. Data residency: BlackLine, Workiva, FloQast, OneStream offer Australia East / AWS Sydney; Trintech, Numeric, Prophix primarily US/EU.
AASB (Australian Accounting Standards Board) standards are IFRS-aligned; AASB 15 revenue recognition, AASB 16 leases, AASB 9 financial instruments, AASB 138 intangibles drive close-cycle complexity. Close software supports performance-obligation allocation, lease accounting recognition, and ECL (expected credit loss) calculation. ASX Listing Rule 3.1 continuous disclosure requires immediate disclosure of price-sensitive information; close-cycle timing intersects with continuous disclosure. ASX half-year reporting within 75 days of half-year end; full-year within 75 days of year-end (or 90 days if no half-year). ASIC enforcement on financial reporting quality, including ASIC RG 247 surveillance of audit firm and listed-entity reporting. APRA CPS 234 information security obligations for APRA-regulated entities; CPS 230 from July 2025 adds operational risk management. APRA Connect prudential reporting deadlines for banks, super funds, insurers. ARS prudential standards. Modern Slavery Act 2018 for A$100M+ entities. AASB S2 climate-related disclosure phased mandatory from 1 July 2024. Privacy Act 1988 and APP for employee personal information in close systems. Audit trail and journal entry approval workflows must satisfy ASIC and APRA audit expectations. Big 4 auditors (PwC, KPMG, Deloitte, EY Australia) drive close-software adoption decisions; familiarity with BlackLine, Workiva, FloQast is high. Data residency: most major vendors offer Australia East.
Quick comparison, ranked for Australia
| Product | Best for | Starts at | 10-emp/mo* | Pricing | G2 | Geo |
|---|---|---|---|---|---|---|
| 2 BlackLine | Large enterprise close + reconciliation | Quote | - | 4.5 | Global; strongest in North America, EU, APAC | |
| 1 FloQast | Series B+ through public-company accounting teams | Quote | - | 4.7 | Global; strongest in US, Canada, UK, Australia | |
| 3 Workiva (Wdesk Close) | Public companies + EU-regulated enterprises | Quote | - | 4.5 | Global; strongest in US, EU, UK, Canada | |
| 10 Numeric | Venture-backed modern accounting teams | $199 | $199 | 4.8 | North America (primary), expanding to UK + EU | |
| 4 Trintech (Cadency) | Large enterprise close + reconciliation | Quote | - | 4.3 | Global; strongest in North America, EU, APAC | |
| 5 OneStream | Mid-large enterprise unified CPM | Quote | - | 4.7 | Global; strongest in North America, EU, APAC | |
| 6 Prophix | Mid-market close + FP&A combined | Quote | - | 4.4 | Global; strongest in North America, UK, EU | |
| 7 CCH Tagetik | Enterprise consolidation + EU-regulated close | Quote | - | 4.4 | Global; strongest in EU, UK, North America | |
| 8 Adra by Trintech | Mid-market close orchestration | Quote | - | 4.4 | Global; strongest in EU/Nordic, UK, North America | |
| 9 CaseWare | Accounting firms + their clients | Quote | - | 4.2 | Global; strongest in Canada, UK, Australia, South Africa, NA |
*10-employee monthly cost = base fee + (per-employee × 10) using the lowest published tier. For opaque-pricing vendors, no value is shown.
What buyers in Australia actually pay
Median annual deal size by employee band, in AUD. Crowdsourced from anonymized buyer disclosures.
| Product | Employee band | Median annual (AUD) | Sample | Notes |
|---|---|---|---|---|
| BlackLine | ASX 100 large enterprise (5,000+ employees) | A$540,000 | 22 | BlackLine Account Reconciliation + Task Mgmt + AU implementation; AUD via Sydney sales |
| BlackLine | ASX 200 mid-large (1,000-5,000 employees) | A$180,000 | 38 | BlackLine modular; AUD |
| FloQast | 200-1,000 employees | A$78,000 | 64 | FloQast Close + Reconciliation Hub; AUD via reseller |
| FloQast | 50-200 employees | A$36,000 | 41 | FloQast Close + Xero integration; AUD |
| Workiva (Wdesk Close) | ASX 200 entity | A$192,000 | 18 | Workiva Platform + Close + Disclosure; AUD via Workiva ANZ |
| Numeric | 50-200 employees | A$30,000 | 22 | Numeric Pro; AUD |
| Trintech (Cadency) | Australian Big 4 bank | A$1,200,000 | 9 | Trintech Cadency + AU professional services; AUD |
| OneStream | 500-2,000 employees | A$360,000 | 14 | OneStream CPM + AU implementation; AUD |
Australia-built or Australia-strong vendors worth knowing
Not yet ranked in our global top 10, but credible options for Australia buyers and worth a shortlist.
Workiva Australia
Visit ↗Strong Australian presence for ASX disclosure and now AASB S2 climate disclosure. Used at ASX 100 majors for half-year, full-year, sustainability report, and increasingly close-cycle disclosure compilation.
CaseWare Australia
Visit ↗CaseWare has strong Australian presence in audit-firm-facing close software and SMSF reporting. Used at Australian mid-tier accounting firms (BDO, Grant Thornton, RSM) for client engagement, audit, and disclosure workflow.
Reckon Group
Visit ↗Sydney-based accounting and reporting software vendor. Holds Australian accounting practice and SMSF segment. Not a direct close-software competitor at ASX 100 scale but relevant for accountant-channel close workflow.
Global picks that don't fit here
- ProphixProphix has limited Australian presence at ASX 100 scale. Workiva, OneStream, BlackLine are stronger Australian large-enterprise choices.
- CCH TagetikCCH Tagetik has limited Australian large-enterprise deployment. OneStream and Workiva are preferred for Australian mid-large CPM + close.
- Adra by TrintechAdra (Trintech) is the SMB sibling of Trintech Cadency; Australian SMB close buyers should evaluate FloQast, Numeric, or Xero-native close tools first.
All 10, ranked for Australia
Same intelligence as the global ranking, vendor trust, review patterns, verified pricing, compliance, reordered for the Australia market.
BlackLine
Enterprise close + reconciliation leader with deep SAP partnership.
BlackLine is the enterprise close + reconciliation market leader, founded 2001. Public on NASDAQ as BL since October 2016 IPO; market cap roughly $3.5B as of mid-2026 (down meaningfully from the $9B+ peak in late 2021). The product covers account reconciliation + journal entries + intercompany hub + matching + close orchestration + financial reporting analytics, with the deepest SAP S/4HANA partnership in the category (BlackLine is the SAP-endorsed solution for close and reconciliation). Strengths: largest enterprise installed base in close and reconciliation (4,400+ customers), deepest SAP partnership (S/4HANA Cloud Solution Extension), mature intercompany hub, BlackLine Studio AI launched 2024 for close-prep automation. Best fit for $1B+ revenue enterprises with complex multi-entity reconciliation, intercompany, and SAP-anchored close. Trade-offs: stock has declined meaningfully from 2021 peak (creating PE pressure speculation), UX dated relative to FloQast/Numeric, implementation complex (4-12 months), and AI feature velocity slower than FloQast/Numeric in 2024-2026.
Large enterprises ($1B+ revenue, 1,000-100,000+ employees) with complex multi-entity reconciliation, intercompany eliminations, and SAP-anchored close needing the deepest enterprise close + reconciliation depth.
Mid-market wanting modern UX (FloQast better), AI-first close (Numeric/FloQast Lens better), or buyers anchored on NetSuite/Sage Intacct without SAP (FloQast cleaner fit).
Strengths
- Largest enterprise installed base (4,400+ customers)
- Deepest SAP partnership (S/4HANA endorsed Solution Extension)
- Mature intercompany hub
- Account reconciliation depth
- BlackLine Studio AI for close-prep automation
- Public-company stability
- Built for $1B+ revenue enterprise close
Weaknesses
- Stock declined meaningfully from 2021 peak (creating PE pressure speculation)
- UX dated relative to FloQast/Numeric
- Implementation complex (4-12 months)
- AI feature velocity slower than challengers
- Per-user pricing meaningful at scale
- Customer reports of executive churn 2023-2025
Pricing tiers
opaque- BlackLine Account Reconciliations~$80K-$200K/year typicalQuote
- BlackLine Smart Close Suite$200K-$600K/yearQuote
- BlackLine Enterprise (Close + Recs + Intercompany + Studio AI)$600K-$3M+/year for large enterprisesQuote
- · Per-user scaling
- · Implementation services ($75K-$500K+)
- · Annual price increases of 6-10%
- · Studio AI gated to higher tiers
- · Per-module add-ons (Intercompany, Compliance)
Key features
- +Account reconciliation
- +Journal entry workflow
- +Intercompany hub
- +Matching engine
- +Close orchestration
- +BlackLine Studio AI (close-prep)
- +SAP S/4HANA endorsed integration
- +100+ integrations
FloQast
Modern accounting close orchestration leader with AI-first feature velocity.
FloQast is the modern accounting close orchestration market leader, founded 2013 by ex-Big-4 auditors. Last valued $1.6B (2022 Series E led by Sapphire Ventures). The product covers close checklist orchestration + account reconciliation + flux analysis + AI close-prep (FloQast Lens) + compliance management. Strengths: strongest accounting-team UX in category (built by accountants for accountants), aggressive AI feature velocity (FloQast Lens for AI reconciliation prep, AI flux commentary, AI anomaly detection), clean ERP integrations across NetSuite/Sage Intacct/Workday/SAP, founder-led culture with high executive stability. Best fit for Series B+ to public-co accounting teams (50-5,000 employees) wanting modern close orchestration with AI-driven close-prep. Trade-offs: per-user pricing scales meaningfully at enterprise (especially for large accounting teams), consolidation depth below BlackLine/OneStream for complex multi-entity, and SEC reporting depth below Workiva.
Series B+ through public-company accounting teams (50-5,000 employees) wanting modern close orchestration with AI-driven close-prep, strong ERP integrations, and accounting-team-first UX.
Largest enterprise multi-entity consolidation (BlackLine/OneStream/CCH Tagetik better depth), SEC + ESG reporting-anchored buyers (Workiva better), or budget-conscious early-stage startups (Numeric or in-ERP close cheaper).
Strengths
- Strongest accounting-team UX in category (built by ex-Big-4 auditors)
- AI close-prep via FloQast Lens (reconciliation, flux, anomaly)
- Clean ERP integrations (NetSuite, Sage Intacct, Workday, SAP, Oracle)
- Founder-led culture with high executive stability
- Mature compliance management module (SOX, ICFR)
- Works for Series B+ through public-company close
- Aggressive product velocity 2024-2026
Weaknesses
- Per-user pricing scales meaningfully at enterprise
- Consolidation depth below BlackLine/OneStream for complex multi-entity
- SEC reporting depth below Workiva
- Implementation 2-4 months typical
- Pricing has crept up 2024-2025 per customer reports
Pricing tiers
opaque- FloQast Close~$30K-$80K/year typical for mid-marketQuote
- FloQast Pro (Close + Reconciliation)$80K-$200K/yearQuote
- FloQast Enterprise (Close + Recs + Compliance + Lens AI)$200K-$700K/year for large accounting teamsQuote
- · Per-user scaling for accounting team
- · Implementation services ($15K-$80K)
- · Annual price increases of 7-10%
- · Lens AI feature gated to higher tiers
Key features
- +Close checklist orchestration
- +Account reconciliation workflow
- +FloQast Lens AI (close-prep, flux, anomaly)
- +Flux/variance commentary automation
- +Compliance management (SOX, ICFR)
- +ERP integration (NetSuite, Sage Intacct, Workday, SAP)
- +50+ integrations
Workiva (Wdesk Close)
Public-company SEC + ESG reporting leader extended into close orchestration.
Workiva (Wdesk Close) is the SEC reporting + ESG/CSRD reporting market leader extended into close orchestration. Public on NYSE as WK since December 2014 IPO; market cap roughly $4B as of mid-2026. Note: this product (workiva-close) is the close orchestration + SEC + ESG reporting surface of Workiva and is distinct from the workiva entry in our Top 10 FP&A Software ranking, which covers Workiva's management reporting and planning surfaces, they share a company and a platform but are distinct buyer journeys with distinct pricing surfaces. The product covers close orchestration + SEC reporting (10-K, 10-Q, 8-K) + ESG/CSRD reporting + audit trail + financial disclosures with the deepest audit-trail-grade controls in category. Strengths: deepest SEC reporting in category (used by 75%+ of Fortune 500 for SEC filings), market-leading ESG/CSRD reporting (critical 2025+ for EU large companies), connected reporting across close + disclosure + ESG, public-company stability. Best fit for public companies and EU-regulated entities needing audit-trail-deep close + SEC + ESG combined.
Public companies and EU-regulated large companies (1,000-100,000+ employees) needing audit-trail-deep close orchestration combined with SEC reporting (10-K, 10-Q, 8-K) and ESG/CSRD reporting in one platform.
Pure close orchestration without SEC/ESG (FloQast cheaper and better UX), enterprise reconciliation depth (BlackLine better), or buyers anchored on FP&A/management reporting alone (use the workiva FP&A entry instead).
Strengths
- Deepest SEC reporting in category (75%+ of Fortune 500 use Workiva for filings)
- Market-leading ESG/CSRD reporting (critical EU 2025+ mandate)
- Connected reporting across close + disclosure + ESG
- Audit-trail-grade controls
- Public-company NYSE stability
- Made for public companies
Weaknesses
- Pricing meaningful for full platform ($150K-$1.5M+ typical)
- Workflow depth for daily close below FloQast/BlackLine
- AI close-prep below FloQast Lens / Numeric
- Implementation complex (3-9 months)
- Better for SEC + ESG reporting-anchored close than pure close orchestration
Pricing tiers
opaque- Workiva Wdesk SEC + Close~$150K-$400K/year typicalQuote
- Workiva Wdesk Pro (Close + SEC + ESG)$400K-$900K/yearQuote
- Workiva Wdesk Enterprise (Close + SEC + ESG + GRC)$900K-$3M+/yearQuote
- · Per-module add-ons (Close, SEC, ESG, GRC)
- · Implementation services ($60K-$400K)
- · Annual price increases of 7-10%
- · Per-user scaling within modules
Key features
- +Close orchestration
- +SEC reporting (10-K, 10-Q, 8-K)
- +ESG/CSRD reporting
- +Connected reporting platform
- +Audit-trail-grade controls
- +Financial disclosures
- +80+ integrations
Numeric
Modern AI-first close, fastest-growing in category 2024-2026.
Numeric is the modern AI-first close platform, founded 2021 (YC W22 batch). Andreessen Horowitz-backed Series B closed 2024. The product is anchored on AI agents that auto-prepare reconciliations, propose journal entries with explanations, draft flux/variance commentary, and surface anomalies before close starts, the most aggressive AI-first close architecture in category. Strengths: fastest-growing in category 2024-2026 (customer count tripled), AI close-prep agents at deepest depth in market (more aggressive than FloQast Lens or BlackLine Studio AI), modern UX (built post-2021 with modern stack), founder-led with strong technical founders, aggressive feature velocity. Best fit for venture-backed companies (50-2,000 employees) wanting modern AI-first close with fastest feature velocity. Trade-offs: smallest installed base in this listicle (3+ years old), enterprise consolidation depth below BlackLine/OneStream, US-only customer base primarily, and pricing increasing as company scales.
Venture-backed companies and modern accounting teams (50-2,000 employees) wanting the most aggressive AI-first close architecture and fastest feature velocity, willing to trade installed base for AI depth.
Large enterprise consolidation (BlackLine/OneStream/CCH Tagetik better), SEC + ESG reporting (Workiva better), or buyers wanting largest brand and installed base (FloQast better).
Strengths
- AI close-prep agents at deepest depth in market
- Fastest-growing in category 2024-2026
- Modern UX (built on modern stack post-2021)
- Founder-led with strong technical founders
- Aggressive feature velocity
- a16z Series B backing (2024)
Weaknesses
- Smallest installed base in this listicle (3+ years old)
- Enterprise consolidation depth below BlackLine/OneStream
- US-only customer base primarily
- Pricing increasing as company scales
- Implementation 4-8 weeks (fast but immature playbooks)
- Brand recognition still building
Pricing tiers
partial- Numeric StandardPer user; basic AI close$199 /mo
- Numeric ProPer user; full AI agents$399 /mo
- Numeric Enterprise$60K-$300K/year for larger teams with AI agentsQuote
- · Per-user scaling for accounting team
- · Annual billing for discount
- · AI agent compute fees at higher usage
Key features
- +AI close-prep agents (reconciliation, journal entries, flux)
- +Account reconciliation
- +Close orchestration
- +Anomaly detection
- +Modern UX
- +ERP integration (NetSuite, Sage Intacct, Workday, QuickBooks)
- +30+ integrations
Trintech (Cadency)
Long-running enterprise close platform via Cadency, PE-backed.
Trintech is the long-running enterprise close platform, founded 1987 (one of the oldest in category). PE-backed: Summit Partners majority since 2010, with Vector Capital co-investing in 2020. Cadency is the enterprise platform; Adra (a separate Trintech-owned product) covers mid-market and is ranked separately at #8. Cadency covers reconciliation + close orchestration + journal entries + intercompany + matching + financial controls. Strengths: 35+ year track record (longest in category), deepest reconciliation depth alongside BlackLine, mature financial controls module (SOX, internal controls), strong fit for $1B+ revenue enterprises. Best fit for $1B+ revenue enterprises wanting BlackLine alternative with deep reconciliation. Trade-offs: PE pressure pattern visible (multiple ownership transitions, executive churn), UX dated relative to FloQast/Numeric, AI feature velocity below FloQast/BlackLine, and brand recognition lower than BlackLine.
$1B+ revenue enterprises (2,000-100,000+ employees) wanting BlackLine alternative with deep reconciliation, financial controls (SOX), and long enterprise track record.
Modern UX seekers (FloQast better), AI-first close (Numeric/FloQast Lens better), or mid-market (Adra by Trintech is the right product, not Cadency).
Strengths
- 35+ year track record (oldest in category)
- Deepest reconciliation alongside BlackLine
- Mature financial controls (SOX, internal controls)
- Best for $1B+ revenue enterprise
- Adra mid-market product (separate)
- Mature intercompany matching
Weaknesses
- PE pressure pattern (multiple ownership transitions since 2010)
- UX dated relative to FloQast/Numeric
- AI feature velocity below FloQast/BlackLine
- Brand recognition lower than BlackLine
- Executive churn reported 2022-2025
- Implementation complex (4-12 months)
Pricing tiers
opaque- Trintech Cadency Reconciliations~$80K-$200K/year typicalQuote
- Trintech Cadency Close Suite$200K-$500K/yearQuote
- Trintech Cadency Enterprise (full platform)$500K-$2.5M+/yearQuote
- · Per-user scaling
- · Implementation services ($60K-$400K)
- · Annual price increases of 6-10%
- · Per-module add-ons
Key features
- +Account reconciliation
- +Close orchestration
- +Journal entries
- +Intercompany matching
- +Financial controls (SOX)
- +Treasury connectivity
- +60+ integrations
OneStream
Unified close + consolidation + planning post-July 2024 IPO.
OneStream Software is the unified CPM (corporate performance management) platform, founded 2010 by ex-Hyperion executives. Public on NASDAQ as OS since July 2024 IPO at $4B+ valuation; market cap roughly $7B as of mid-2026. The product covers close + consolidation + planning + reporting + ESG on a single unified platform, the strongest unified CPM architecture in category (vs BlackLine + Workiva + Anaplan stitched together). Strengths: unified platform across close + consolidation + planning + reporting (single data model, no integration overhead between modules), strong fit for $500M+ revenue enterprises wanting consolidation depth, post-IPO public-company stability, aggressive growth post-IPO 2024-2026, strong customer retention (140%+ NRR historically). Best fit for enterprises wanting one platform end-to-end for finance. Trade-offs: pricing meaningful ($200K-$2M+ typical), implementation complex (4-12 months for full platform), close-only buyers may find FloQast/BlackLine more focused, and AI close-prep below FloQast Lens / Numeric.
Enterprises ($500M+ revenue, 1,000-50,000+ employees) wanting one unified platform for close + consolidation + planning + reporting + ESG with deep consolidation depth and a single data model across all finance workflows.
Pure close orchestration buyers (FloQast cheaper and more focused), pure FP&A (use Vena/Anaplan/Adaptive), or cost-sensitive mid-market (Prophix or in-ERP close cheaper).
Strengths
- Unified platform (close + consolidation + planning + reporting + ESG single data model)
- Strongest consolidation depth in category
- Post-July 2024 IPO public-company stability
- Aggressive growth post-IPO (140%+ historical NRR)
- Right call for $500M+ revenue enterprise
- Mature enterprise customer base (1,400+)
Weaknesses
- Pricing meaningful ($200K-$2M+ typical)
- Implementation complex (4-12 months for full platform)
- Close-only buyers find FloQast/BlackLine more focused
- AI close-prep below FloQast Lens / Numeric
- Built for unified CPM, overkill for pure close orchestration
- Per-module pricing opacity
Pricing tiers
opaque- OneStream Close + Consolidation~$200K-$500K/year typicalQuote
- OneStream Pro (Close + Consol + Planning)$500K-$1.2M/yearQuote
- OneStream Enterprise (full unified platform + ESG)$1.2M-$5M+/yearQuote
- · Per-module add-ons (Close, Consol, Planning, ESG)
- · Implementation services ($150K-$1M+)
- · Annual price increases of 6-10%
- · Per-user scaling within modules
Key features
- +Unified close + consolidation
- +Multi-entity consolidation
- +Intercompany eliminations
- +Planning + budgeting
- +ESG reporting
- +Financial reporting + analytics
- +Sensible ML (built-in AI for forecasting)
- +80+ integrations
Prophix
Mid-market close + planning combined, Hg-backed.
Prophix is the mid-market close + planning combined platform, founded 1987 in Canada. PE-backed: Hg majority since 2021 buyout. The product covers close orchestration + consolidation + planning + budgeting + reporting on a unified mid-market platform, the closest mid-market analog to OneStream's unified architecture. Strengths: close + planning combined (rare in mid-market), mature 35+ year track record, strong fit for mid-market $50M-$500M revenue companies, modern UX after Prophix One platform launch 2022, Hg PE backing for growth investment. Best fit for mid-market wanting unified close + FP&A without enterprise complexity. Trade-offs: Hg PE pressure pattern visible (price increases reported 2023-2025), enterprise depth below OneStream/BlackLine, AI feature velocity below FloQast/Numeric, and brand recognition lower in NA than BlackLine/FloQast.
Mid-market companies ($50M-$500M revenue, 100-1,500 employees) wanting unified close + planning + budgeting on one platform without enterprise OneStream pricing or complexity.
Enterprise (OneStream/BlackLine better depth), AI-first close (Numeric/FloQast Lens better), or pure close orchestration without FP&A (FloQast cleaner fit).
Strengths
- Close + planning combined (rare in mid-market)
- 35+ year track record
- Modern UX after Prophix One launch (2022)
- Hg PE backing for growth investment
- Fits mid-market $50M-$500M revenue
- Affordable pricing relative to OneStream
Weaknesses
- Hg PE pressure pattern (price increases 2023-2025)
- Enterprise depth below OneStream/BlackLine
- AI feature velocity below FloQast/Numeric
- Brand recognition lower in NA
- Implementation 2-6 months
- Support inconsistency reported post-Hg
Pricing tiers
opaque- Prophix One Close~$40K-$100K/year typicalQuote
- Prophix One Pro (Close + Planning)$100K-$240K/yearQuote
- Prophix One Enterprise$240K-$600K/yearQuote
- · Per-user scaling
- · Implementation services ($30K-$150K)
- · Annual price increases of 7-12% (Hg-driven)
- · Per-module add-ons
Key features
- +Close orchestration
- +Consolidation
- +Planning + budgeting
- +Financial reporting
- +AI-driven anomaly detection
- +ERP integration (NetSuite, Sage Intacct, Microsoft Dynamics)
- +40+ integrations
CCH Tagetik
Wolters Kluwer-owned enterprise close + consolidation, mature EU presence.
CCH Tagetik is the Wolters Kluwer-owned enterprise close + consolidation platform, founded 1986 in Italy. Acquired by Wolters Kluwer in 2017 for €300M+. The product covers consolidation + close + planning + ESG + tax reporting on a unified platform with strong IFRS/EU regulatory anchoring. Strengths: deepest IFRS and EU regulatory expertise (CSRD, BEPS Pillar 2, GDPR-native), mature consolidation depth across complex multi-entity, Wolters Kluwer parent stability (NYSE Euronext: WKL, $20B+ market cap), strong fit for European-headquartered enterprises and IFRS-anchored close. Best fit for European-headquartered enterprises and US multinationals with significant EU regulatory exposure. Trade-offs: pricing meaningful, UX dated relative to FloQast/OneStream, AI feature velocity below modern challengers, and US/NA brand recognition below BlackLine/OneStream.
European-headquartered enterprises and US multinationals ($1B+ revenue, 1,000-100,000+ employees) with significant EU regulatory exposure (CSRD, IFRS, BEPS Pillar 2) wanting deep consolidation + close + tax reporting on one platform.
US-only mid-market (FloQast better fit), pure close orchestration (BlackLine/FloQast more focused), or modern UX seekers (FloQast/OneStream better).
Strengths
- Deepest IFRS + EU regulatory expertise (CSRD, BEPS, GDPR)
- Mature consolidation depth
- Wolters Kluwer parent stability ($20B+ public)
- Built for European-headquartered enterprises
- Tax reporting + transfer pricing depth
- Made for IFRS-anchored close
Weaknesses
- Pricing meaningful
- UX dated relative to FloQast/OneStream
- AI feature velocity below modern challengers
- US/NA brand recognition below BlackLine/OneStream
- Implementation complex (4-12 months)
- Per-module pricing complexity
Pricing tiers
opaque- CCH Tagetik Close + Consolidation~$120K-$300K/year typicalQuote
- CCH Tagetik Pro (Close + Consol + Planning)$300K-$700K/yearQuote
- CCH Tagetik Enterprise (full platform + ESG + Tax)$700K-$3M+/yearQuote
- · Per-module add-ons (Close, Consol, Planning, ESG, Tax)
- · Implementation services ($100K-$700K)
- · Annual price increases of 5-9%
- · Per-user scaling within modules
Key features
- +Multi-entity consolidation
- +IFRS/GAAP close
- +Intercompany eliminations
- +CSRD/ESG reporting
- +Tax reporting + BEPS Pillar 2
- +Planning + budgeting
- +60+ integrations
Adra by Trintech
Trintech-owned mid-market close orchestration.
Adra by Trintech is the Trintech-owned mid-market close orchestration platform, founded 2002 in Norway as a separate company; acquired by Trintech in 2017. The product covers close orchestration + reconciliation + matching + journal entries, distinct from Trintech's enterprise Cadency (ranked separately at #4). Strengths: strong mid-market close orchestration with Trintech-grade reconciliation depth at lower cost, mature European presence (Nordic origin), clean ERP integrations, integration path to Cadency for buyers scaling up. Best fit for mid-market companies wanting Trintech ecosystem at lower complexity than Cadency. Trade-offs: PE pressure pattern shared with parent Trintech (price increases reported), AI feature velocity below FloQast/Numeric, Less penetration than FloQast in NA, and brand recognition lower than FloQast in mid-market.
Mid-market companies (100-2,000 employees) wanting Trintech ecosystem and reconciliation depth at lower complexity and cost than enterprise Cadency, particularly European-headquartered mid-market.
AI-first close (Numeric/FloQast Lens better), pure US mid-market wanting strongest brand (FloQast better), or enterprise (Cadency is the right Trintech product).
Strengths
- Strong mid-market close orchestration
- Trintech-grade reconciliation at lower cost
- Mature European presence (Nordic origin)
- Clean ERP integrations
- Integration path to Cadency for scaling buyers
- Best for European mid-market
Weaknesses
- PE pressure pattern shared with Trintech (price increases)
- AI feature velocity below FloQast/Numeric
- Smaller deployed base versus FloQast in NA
- Brand recognition lower than FloQast
- Support is hit-or-miss
- UX modern but not best-in-class
Pricing tiers
opaque- Adra Standard (Close + Reconciliation)~$25K-$60K/year typicalQuote
- Adra Pro (Close + Recs + Matching)$60K-$140K/yearQuote
- Adra Enterprise (full platform)$140K-$300K/yearQuote
- · Per-user scaling
- · Implementation services ($15K-$80K)
- · Annual price increases of 7-10%
- · Migration path to Cadency for scaling
Key features
- +Close orchestration
- +Account reconciliation
- +Matching engine
- +Journal entries
- +Task management
- +ERP integration (NetSuite, Microsoft Dynamics, Sage)
- +30+ integrations
CaseWare
PE-backed audit + close platform for accounting firms and their clients.
CaseWare International is the audit + close platform for accounting firms and their clients, founded 1988 in Canada. PE-backed: Hg majority since 2020 buyout. The product covers audit working papers + financial statements + close + tax compliance, historically the dominant platform for mid-tier and regional accounting firms (CPA firms, audit firms, advisory practices) and the in-house close functions of their clients. Strengths: dominant installed base across mid-tier accounting firms globally (40,000+ firms), mature audit + close integration, strong fit for accounting firm-to-client workflow, deep IFRS/GAAP financial statement automation, 35+ year track record. Best fit for accounting firms and their corporate clients wanting integrated audit + close workflow. Trade-offs: niche fit (accounting-firm-anchored, not corporate-finance-direct), Hg PE pressure visible (price increases reported 2022-2025), UX dated relative to FloQast, AI features arrived late, and not the right product for in-house corporate finance teams without firm involvement.
Accounting firms (CPA, audit, advisory practices) and their corporate clients (especially private companies and audit-heavy organizations) wanting integrated audit + close + financial statement automation in firm-to-client workflow.
Direct corporate finance teams without accounting-firm involvement (FloQast better), AI-first close (Numeric/FloQast Lens better), or large public-company SEC filers (Workiva better).
Strengths
- Dominant accounting firm installed base (40,000+ firms)
- Mature audit + close integration
- Right call for accounting firm-to-client workflow
- Deep IFRS/GAAP financial statement automation
- 35+ year track record
- Fits regional CPA + audit firms
Weaknesses
- Niche fit (accounting-firm-anchored)
- Hg PE pressure pattern (price increases 2022-2025)
- UX dated relative to FloQast
- AI features arrived late
- Not the right product for direct corporate finance buyers
- Uneven support quality post-Hg
Pricing tiers
opaque- CaseWare Working Papers (audit)~$1,200-$3,000/user/yearQuote
- CaseWare Cloud (close + audit)$2,500-$5,000/user/yearQuote
- CaseWare AnalyticsAI / IDEAAdd-on; $1,500-$3,500/user/yearQuote
- · Per-user scaling
- · Per-module add-ons (AnalyticsAI, IDEA)
- · Annual price increases of 7-12% (Hg-driven)
- · Migration costs from on-prem CaseWare
Key features
- +Audit working papers
- +Financial statement automation
- +Close orchestration
- +Tax compliance
- +IDEA data analytics
- +AnalyticsAI
- +IFRS/GAAP statement libraries
- +40+ integrations
Frequently asked questions
The questions buyers actually ask before they sign.
BlackLine vs FloQast for an ASX 200 mid-cap (1,500 employees)?
How does AASB S2 climate disclosure affect close-software selection?
Does APRA CPS 234 affect close-software selection at Australian banks and insurers?
Can we use Workiva alone for close + disclosure?
Financial close vs FP&A vs accounting platforms, which is which?
BlackLine vs FloQast, which one for our close?
How are AI agents changing close-prep in 2026?
What is the impact of CSRD/ESG reporting on close software?
How much should I budget for financial close software?
How long does financial close software implementation take?
Should we use unified close + planning (OneStream, Prophix) or best-of-breed (FloQast + Vena)?
What is the difference between hard close and soft close?
Final word
Looking at a different market? See the global Financial Close & Consolidation ranking, or pick another country at the top of this page.
Last updated 2026-05-24. Local pricing reverified quarterly. Found something inaccurate? Tell us.