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Insights from the 2025 Financial Consolidation and Reporting Market Study

Dresner Advisory Services has released its highly anticipated 2025 Financial Consolidation, Close Management, and Financial Reporting Market Study, shedding light on the growing importance of financial management tools. According to the report, nearly 67% of organizations utilizing financial consolidation software recognize its value, reflecting an evolving trend in financial practices.

The study, part of the esteemed Dresner Wisdom of Crowds® research series, focuses on various aspects of the financial performance management landscape. Its aim is to provide insights into current usage trends, organizational priorities, and the driving factors behind FCCR software adoption. By understanding these dynamics, companies can better integrate these tools into their business intelligence (BI) and analytics strategies.

Key Findings and Use Cases

In its fifth iteration, the FCCR study identified critical use cases for financial tools. Among those highlighted were:

• - Automating Reconciliations and Journal Entries: These processes streamline financial operations and reduce manual errors, making them a top priority for companies.
• - Managing Task Assignments and Deadlines: Proper task management ensures that financial closes adhere to strict timelines, which is essential for compliance.
• - Providing Real-Time Visibility: Companies seek tools that offer transparency into process status, allowing decision-makers to react swiftly.

Further, the study noted features like automated audit trails and comprehensive reporting capabilities, both of which are crucial for informed decision-making and necessary audits.

“Financial consolidation serves as the backbone of FCCR solutions, enabling the aggregation of financial data across various entities while adhering to regulatory standards,” stated John Van Decker, a distinguished analyst at Dresner Advisory. This highlights the uniqueness of FCCR tools compared to generic reporting tools, which were deemed inadequate by nearly 80% of survey respondents.

The Influence of New Technologies

Diving deeper into the technology aspect, the report emphasizes that while the FCCR market has matured, it continues to benefit from innovative approaches. The role of agentic AI is particularly noteworthy. This advanced technology enhances FCCR solutions by utilizing autonomous agents that can perform various tasks, including data collection and account reconciliation, swiftly.

Howard Dresner, founder and chief research officer at Dresner Advisory, noted, “Unlike basic automation, these agents learn from context, yielding better accuracy and optimized compliance through real-time monitoring. This allows finance professionals to pivot from mundane tasks to high-level strategic work.”

Research Methodology

The Wisdom of Crowds® research methodology involved contributions from users across various roles and industries, ensuring a comprehensive understanding of the market's realities, trends, and user perceptions. This broad-based input is vital for crafting a well-rounded view that resonates with the diverse needs of financial professionals today.

For additional insights and detailed findings, visit Dresner Advisory Services.

About Dresner Advisory Services

Founded by Howard Dresner, Dresner Advisory Services focuses on delivering insightful thought leadership across various fields such as AI, analytics, ERP, and business intelligence. It aims to keep organizations updated with the latest trends and research, ensuring they adapt effectively to the evolving landscape of finance and analytics.

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Danielle Guinebertiere
Dresner Advisory Services
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