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 Enterprise IT Software Reviews | Gartner Peer Insights

Workday

Microsoft Dynamics 365

Microsoft

Sage Intacct

Deltek Vision

Deltek

Oracle Fusion Cloud ERP

Oracle

ePROMIS ERP

ePROMIS Solutions

Oracle NetSuite ERP

SAP Business ByDesign

Acumatica Cloud ERP

Acumatica

FinancialForce ERP

FinancialForce

50M - 250M USD

Retail

Unit4 ERP

Unit4

Senior Project Manager

The user interface is clear and understandable by the users. 
But the processes managing the data (HCM) are somehow byzantine, often producing unexpected results (bugs). The resolution time, from the vendor, has often been inadequate.
Access to a trusted system integrator, and availability of experienced resources are also challenging factors to consider during an implementation project.

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