About This Constellation ShortList™

Enterprise cloud finance applications provide the backbone of accounting, finance, and treasury for organizations. These applications automate processes such as financial close cycles, regulatory requirements and cash management. The software supports the financial operations and delivers the core foundation for ERP and back-office systems.

The move to the cloud enables financial apps to access unlimited compute power, improve integration across multiple data sources, and consume faster cycles of innovation and regulatory updates. While cloud finance apps today have not caught up to functional parity with legacy on-premises systems, buyers realize that these systems will catch up over time and surpass on-premises systems in features in the long run.

Threshold Criteria

Constellation considers the following criteria for these solutions:

  • General ledger accounting
  • Accounts receivable
  • Accounts payable
  • Fixed asset accounting
  • Bank accounting
  • Funds management
  • Legal consolidation
  • Special purpose ledgers
  • Treasury
  • Travel management
  • Activity-based costing
  • Product cost costing
  • Profitability analysis
  • Internal orders
  • Cost element accounting
  • Cost center accounting
  • Profit center accounting
  • Intercompany transfers
  • Grant accounting
  • Reporting and analytics
  • Planning and budgeting
  • Security and compliance 

The Constellation ShortList

Constellation evaluates over 25 solutions in this market. This Constellation ShortList is determined by client inquiries, partner conversations, customer references, vendor selection projects, market share and internal research.

  • FinancialForce
  • Infor CloudSuite Financials and Supply Management
  • Microsoft Dynamics 365
  • Oracle Financials Cloud
  • Oracle NetSuite
  • SAP S/4HANA Cloud
  • Workday

Frequency of Evaluation

Each Constellation ShortList evaluation will be updated every 180 days as needed.

Evaluation Services

Constellation clients may work with the analyst and research team to conduct a more thorough discussion of this ShortList. Constellation can also provide guidance in vendor selection and contract negotiation.

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