This market covers core financial management suites that provide a view of an enterprise's financial position through automation and process support for any activity that has a financial impact. According to Gartner's definition, core financial management suites include:
•	The functional areas of general ledger (GL), accounts payable (AP), accounts receivable (AR), fixed assets (FA), project accounting, project costing and project billing.
•	Financial analytics and reporting capabilities
•	Basic indirect purchasing functionality.
This market focuses solely on core financial management suites that are marketed and sold on a stand-alone basis and delivered as cloud services. It does not cover vendors that sell only a broader ERP suite that includes core financial management applications.

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

Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises Software

Core financial management applications provide visibility into an enterprise's financial position through automation and process support for any activity that has a financial impact. They include the core functional areas of general ledger (GL), accounts payable, accounts receivable (AR), fixed assets (FA) and project accounting. Our definition also includes basic purchasing functionality (from requisition to purchase order processing) but not strategic sourcing or e-procurement. Core financial management applications are sold as an integrated suite and also provide financial reporting as needed by local and international regulations.

Core Financial Management Applications

Core Financial Management Applications Software

Gartner defines a service-centric ERP suite as comprising:

Financials, HCM and indirect procurement (administrative ERP)

 PSA — includes project planning and resourcing, project management, and project accounting and billing

Specialized industry-specific modules or applications — for example, grant management in higher education and public sectors

A service-centric ERP suite must provide at least financial management functionality from administrative ERP and either PSA or industry-specific modules for at least one service-centric industry. Optionally, the vendor may provide other administrative ERP capabilities (such as HCM and indirect procurement).

Service-Centric Cloud ERP Solutions

Unit4 ERP Reviews, Ratings, and Features - Gartner 2022

Overall rating of evaluation and contract negotiation with the vendor

Evaluation & Contracting

Timely and complete response to product questions

Pricing and contract flexibility (pricing and terms)

Overall rating of integration and deployment

Integration & Deployment

Ease of integration using standard APIs and tools

Quality and availability of end-user training

Ease of deployment

Overall rating of service and support

Service & Support

Timeliness of vendor's response

Quality of technical support

Quality of peer user community

Overall rating of product capabilities

Product Capabilities

Core functional areas

Basic purchasing functionality

Financial reporting

Additional Context

SAP ERP

Oracle E-Business Suite

Oracle

Oracle PeopleSoft

Microsoft Dynamics 365 Business Central

Microsoft

Microsoft Dynamics GP

Infor Lawson

Infor

Microsoft Dynamics AX

Oracle NetSuite ERP

Oracle Financial Cloud

Costpoint

Deltek

<50M USD

50M - 250M USD

Gov't/PS/ED 5,000 - 50,000 Employees

Education

Miscellaneous

Services

Unit4 ERP

Unit4

Interim Director of IT

Unit4 are always prepared to work with you to get the best out of the product.  ABW is a tried and tested application suite and is widely used throughout the HE sector. It is as reliable now as it was when we first implemented it in 1999. It does perhaps lack the very latest 'look and feel' and would benefit from a bit of a facelift and some more web/mobile-first functionality.

Deputy Director

Very good service and focus on the project goals. 
Project was finished in time within a small timeframe
Software is very user friendly and requirements are successfully implemented

Other...

Corporate IT responsible

BW in a very flexible ERP, specifically designed to cover the needs of engineering companies. We've used it cover our needs for assigning dedication of employees to projects and to manage all project phases, from initial state to implementation and analisys. It's been very easy to customize and their multiple capabilities have made strighforward to adapt to our needs

Active

Read Core Financial Management Applications Software reviews verified by Gartner. Compare and find the best Core Financial Management Applications Software for your organization.

50M-1B USD

Gov't/PS/Ed

Enterprise Architecture and Technology Innovation

Reviewer Insights and Demographics