Fluence, the next evolution in financial consolidation solutions for the mid–sized enterprise
Financial consolidation is high on the complexity scale, requiring dozens of different types of calculations. Most small corporations can manually consolidate in Excel or directly in their ERP, but once they grow beyond a certain threshold and start acquiring other corporations, managing multiple legal entities, working in multiple currencies, or looking at going public, financial consolidation changes from a manageable manual task into an enormous data project with financial and strategic risks.
For too long, financial consolidation tools have been designed to support the world’s largest organizations. These tools are hard to use, costly to implement and maintain, and ignore the specific needs of midmarket enterprises.
Fluence Technologies is in the market with a no-code midmarket financial consolidation solution that is purpose-built to be easily owned and maintained by finance, all while providing the power and functionality of the most robust solutions.
Building forth on two centuries of combined financial consolidation experience from companies like IBM, Outlooksoft, Clarity Systems, SAP, Longview, and Vena Solutions, Fluence offers a Financial Consolidation Cloud powered by the Vena platform with a focus on fast time to value.