Fluence customers slash the monthly close by 90 percent

May 11, 2021 - Research V81

Fluence Technologies is a financial close management (FCM) specialist in the corporate performance management (CPM) solutions market. Interviewed Fluence customers reported an average 86 percent decrease in their monthly consolidation, close, and reporting times. Fluence’s workflows, tools, and reporting features are designed to facilitate the consolidation process to accelerate a company’s close. With the lack of high-end FCM capabilities for the mid-market, Fluence provides an accessible solution with an intuitive Excel interface and no-code configuration capabilities to enable flexibility without driving up back-end support costs. Nucleus found that end-users experienced additional benefits, including improved organizational visibility, reduced operational costs, and increased user productivity.