Gartner Research

Gartner Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises

Published: 29 June 2020

Summary

Finance organizations are increasingly shifting to cloud core financial management suites, with continued double-digit growth in the market. Application leaders can use this research to identify vendors of cloud solutions to help them compete in rapidly evolving digital business environments.

Included in Full Research

Since the previous version of this Magic Quadrant, Gartner continues to see an increasing amount of end-user inquiries about cloud solutions in this market, with less...

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  • Vendor Strengths and Cautions
    • FinancialForce
    • Microsoft
    • Oracle (NetSuite)
    • Oracle (Oracle ERP Cloud)
    • Sage Intacct
    • SAP
    • Workday
  • Vendors Added and Dropped
    • Added
    • Dropped
  • Honorable Mentions
  • Ability to Execute
  • Completeness of Vision
  • Quadrant Descriptions
    • Leaders
    • Challengers
    • Visionaries
    • Niche Players
  • Ability to Execute
  • Completeness of Vision

The Magic Quadrant: Your view into smarter technology purchases

How does a Gartner Magic Quadrant work?

A Magic Quadrant is a tool that provides a graphical competitive positioning of technology providers to help you make smart investment decisions. By applying a uniform set of evaluation criteria, a Magic Quadrant provides a view of the four types of technology providers. 

Leaders execute well against their current vision for changing market rules, but do not yet execute well.

Visionaries understand where the market is going or have a vision for changing market rules, but do not yet execute well.

Niche Players focus successfully on a small segment, or are unfocused and do not out-innovate or outperform others.

Challengers execute well today or may dominate a large segment, but do not demonstrate an understanding of market direction.

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We help organizations make fast and smart technology decisions to stay ahead of disruption and accelerate growth. The Magic Quadrant is part of Gartner guidance supporting the entire buying cycle to enable the best business outcomes. 

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