Report Detail
COVID-19 Impact on Global Financial Close Management Software Market Size, Status and Forecast 2020-2026
- RnM3960383 |
- 05 May, 2020 |
- Global |
- 128 Pages |
- QYResearch |
- Service & Software
Financial close software, also called accounting close software, provides tools to help businesses complete the financial close cycle. Many organizations perform financial close at the end of each month, during which accountants within an organization use this software to ensure the books are accurate and any transactions were successfully completed. Tasks, such as bill payment and delivery, expense approval, and lead importing, will be laid out in checklists and checked off once completed. Financial close products often include features such as individual task allocation, reconciliation management, and databases of past accounting close data organized by month and transaction type. Individual progress and deadlines for each period can also be tracked by the accounting team throughout the cycle. These tools typically integrate with spreadsheets and various accounting tools to help users comprehensively document relevant data and identify noteworthy findings or inconsistencies. They may also integrate with or come packaged with other corporate performance management (CPM) features such as financial consolidation or budgeting and forecasting.
The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges.
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Financial Close Management Software market in 2020.
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.
The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
This report also analyses the impact of Coronavirus COVID-19 on the Financial Close Management Software industry.
Based on our recent survey, we have several different scenarios about the Financial Close Management Software YoY growth rate for 2020. The probable scenario is expected to grow by a xx% in 2020 and the revenue will be xx in 2020 from US$ xx million in 2019. The market size of Financial Close Management Software will reach xx in 2026, with a CAGR of xx% from 2020 to 2026.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Financial Close Management Software market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Financial Close Management Software market in terms of revenue.
Players, stakeholders, and other participants in the global Financial Close Management Software market will be able to gain the upper hand as they use the report as a powerful resource. For this version of the report, the segmental analysis focuses on revenue and forecast by each application segment in terms of revenue and forecast by each type segment in terms of revenue for the period 2015-2026.
Regional and Country-level Analysis
The report offers an exhaustive geographical analysis of the global Financial Close Management Software market, covering important regions, viz, North America, Europe, China, Japan, Southeast Asia, India and Central & South America. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by each application segment in terms of revenue for the period 2015-2026.
Competition Analysis
In the competitive analysis section of the report, leading as well as prominent players of the global Financial Close Management Software market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Financial Close Management Software market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Financial Close Management Software market.
The following players are covered in this report:
SAP
IBM
Oracle
BlackLine
FloQast
Prophix Software
Planful
Wdesk
CCH Tagetik
Vena
Kaufman Hall Axiom Software
DataRails
Adra Suite by Trintech
Equity Edge
Longview
Financial Close Management Software Breakdown Data by Type
Cloud-based
On-Premise
Financial Close Management Software Breakdown Data by Application
Small and medium-sized Company
Large Private Company
Listed Company
1 Report Overview
- 1.1 Study Scope
- 1.2 Key Market Segments
- 1.3 Players Covered: Ranking by Financial Close Management Software Revenue
- 1.4 Market Analysis by Type
- 1.4.1 Global Financial Close Management Software Market Size Growth Rate by Type: 2020 VS 2026
- 1.4.2 Cloud-based
- 1.4.3 On-Premise
- 1.5 Market by Application
- 1.5.1 Global Financial Close Management Software Market Share by Application: 2020 VS 2026
- 1.5.2 Small and medium-sized Company
- 1.5.3 Large Private Company
- 1.5.4 Listed Company
- 1.6 Coronavirus Disease 2019 (Covid-19): Financial Close Management Software Industry Impact
- 1.6.1 How the Covid-19 is Affecting the Financial Close Management Software Industry
- 1.6.1.1 Financial Close Management Software Business Impact Assessment - Covid-19
- 1.6.1.2 Supply Chain Challenges
- 1.6.1.3 COVID-19’s Impact On Crude Oil and Refined Products
- 1.6.2 Market Trends and Financial Close Management Software Potential Opportunities in the COVID-19 Landscape
- 1.6.3 Measures / Proposal against Covid-19
- 1.6.3.1 Government Measures to Combat Covid-19 Impact
- 1.6.3.2 Proposal for Financial Close Management Software Players to Combat Covid-19 Impact
- 1.6.1 How the Covid-19 is Affecting the Financial Close Management Software Industry
- 1.7 Study Objectives
- 1.8 Years Considered
2 Global Growth Trends by Regions
- 2.1 Financial Close Management Software Market Perspective (2015-2026)
- 2.2 Financial Close Management Software Growth Trends by Regions
- 2.2.1 Financial Close Management Software Market Size by Regions: 2015 VS 2020 VS 2026
- 2.2.2 Financial Close Management Software Historic Market Share by Regions (2015-2020)
- 2.2.3 Financial Close Management Software Forecasted Market Size by Regions (2021-2026)
- 2.3 Industry Trends and Growth Strategy
- 2.3.1 Market Top Trends
- 2.3.2 Market Drivers
- 2.3.3 Market Challenges
- 2.3.4 Porter’s Five Forces Analysis
- 2.3.5 Financial Close Management Software Market Growth Strategy
- 2.3.6 Primary Interviews with Key Financial Close Management Software Players (Opinion Leaders)
3 Competition Landscape by Key Players
- 3.1 Global Top Financial Close Management Software Players by Market Size
- 3.1.1 Global Top Financial Close Management Software Players by Revenue (2015-2020)
- 3.1.2 Global Financial Close Management Software Revenue Market Share by Players (2015-2020)
- 3.1.3 Global Financial Close Management Software Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
- 3.2 Global Financial Close Management Software Market Concentration Ratio
- 3.2.1 Global Financial Close Management Software Market Concentration Ratio (CR5 and HHI)
- 3.2.2 Global Top 10 and Top 5 Companies by Financial Close Management Software Revenue in 2019
- 3.3 Financial Close Management Software Key Players Head office and Area Served
- 3.4 Key Players Financial Close Management Software Product Solution and Service
- 3.5 Date of Enter into Financial Close Management Software Market
- 3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2026)
- 4.1 Global Financial Close Management Software Historic Market Size by Type (2015-2020)
- 4.2 Global Financial Close Management Software Forecasted Market Size by Type (2021-2026)
5 Financial Close Management Software Breakdown Data by Application (2015-2026)
- 5.1 Global Financial Close Management Software Market Size by Application (2015-2020)
- 5.2 Global Financial Close Management Software Forecasted Market Size by Application (2021-2026)
6 North America
- 6.1 North America Financial Close Management Software Market Size (2015-2020)
- 6.2 Financial Close Management Software Key Players in North America (2019-2020)
- 6.3 North America Financial Close Management Software Market Size by Type (2015-2020)
- 6.4 North America Financial Close Management Software Market Size by Application (2015-2020)
7 Europe
- 7.1 Europe Financial Close Management Software Market Size (2015-2020)
- 7.2 Financial Close Management Software Key Players in Europe (2019-2020)
- 7.3 Europe Financial Close Management Software Market Size by Type (2015-2020)
- 7.4 Europe Financial Close Management Software Market Size by Application (2015-2020)
8 China
- 8.1 China Financial Close Management Software Market Size (2015-2020)
- 8.2 Financial Close Management Software Key Players in China (2019-2020)
- 8.3 China Financial Close Management Software Market Size by Type (2015-2020)
- 8.4 China Financial Close Management Software Market Size by Application (2015-2020)
9 Japan
- 9.1 Japan Financial Close Management Software Market Size (2015-2020)
- 9.2 Financial Close Management Software Key Players in Japan (2019-2020)
- 9.3 Japan Financial Close Management Software Market Size by Type (2015-2020)
- 9.4 Japan Financial Close Management Software Market Size by Application (2015-2020)
10 Southeast Asia
- 10.1 Southeast Asia Financial Close Management Software Market Size (2015-2020)
- 10.2 Financial Close Management Software Key Players in Southeast Asia (2019-2020)
- 10.3 Southeast Asia Financial Close Management Software Market Size by Type (2015-2020)
- 10.4 Southeast Asia Financial Close Management Software Market Size by Application (2015-2020)
11 India
- 11.1 India Financial Close Management Software Market Size (2015-2020)
- 11.2 Financial Close Management Software Key Players in India (2019-2020)
- 11.3 India Financial Close Management Software Market Size by Type (2015-2020)
- 11.4 India Financial Close Management Software Market Size by Application (2015-2020)
12 Central & South America
- 12.1 Central & South America Financial Close Management Software Market Size (2015-2020)
- 12.2 Financial Close Management Software Key Players in Central & South America (2019-2020)
- 12.3 Central & South America Financial Close Management Software Market Size by Type (2015-2020)
- 12.4 Central & South America Financial Close Management Software Market Size by Application (2015-2020)
13 Key Players Profiles
- 13.1 SAP
- 13.1.1 SAP Company Details
- 13.1.2 SAP Business Overview and Its Total Revenue
- 13.1.3 SAP Financial Close Management Software Introduction
- 13.1.4 SAP Revenue in Financial Close Management Software Business (2015-2020))
- 13.1.5 SAP Recent Development
- 13.2 IBM
- 13.2.1 IBM Company Details
- 13.2.2 IBM Business Overview and Its Total Revenue
- 13.2.3 IBM Financial Close Management Software Introduction
- 13.2.4 IBM Revenue in Financial Close Management Software Business (2015-2020)
- 13.2.5 IBM Recent Development
- 13.3 Oracle
- 13.3.1 Oracle Company Details
- 13.3.2 Oracle Business Overview and Its Total Revenue
- 13.3.3 Oracle Financial Close Management Software Introduction
- 13.3.4 Oracle Revenue in Financial Close Management Software Business (2015-2020)
- 13.3.5 Oracle Recent Development
- 13.4 BlackLine
- 13.4.1 BlackLine Company Details
- 13.4.2 BlackLine Business Overview and Its Total Revenue
- 13.4.3 BlackLine Financial Close Management Software Introduction
- 13.4.4 BlackLine Revenue in Financial Close Management Software Business (2015-2020)
- 13.4.5 BlackLine Recent Development
- 13.5 FloQast
- 13.5.1 FloQast Company Details
- 13.5.2 FloQast Business Overview and Its Total Revenue
- 13.5.3 FloQast Financial Close Management Software Introduction
- 13.5.4 FloQast Revenue in Financial Close Management Software Business (2015-2020)
- 13.5.5 FloQast Recent Development
- 13.6 Prophix Software
- 13.6.1 Prophix Software Company Details
- 13.6.2 Prophix Software Business Overview and Its Total Revenue
- 13.6.3 Prophix Software Financial Close Management Software Introduction
- 13.6.4 Prophix Software Revenue in Financial Close Management Software Business (2015-2020)
- 13.6.5 Prophix Software Recent Development
- 13.7 Planful
- 13.7.1 Planful Company Details
- 13.7.2 Planful Business Overview and Its Total Revenue
- 13.7.3 Planful Financial Close Management Software Introduction
- 13.7.4 Planful Revenue in Financial Close Management Software Business (2015-2020)
- 13.7.5 Planful Recent Development
- 13.8 Wdesk
- 13.8.1 Wdesk Company Details
- 13.8.2 Wdesk Business Overview and Its Total Revenue
- 13.8.3 Wdesk Financial Close Management Software Introduction
- 13.8.4 Wdesk Revenue in Financial Close Management Software Business (2015-2020)
- 13.8.5 Wdesk Recent Development
- 13.9 CCH Tagetik
- 13.9.1 CCH Tagetik Company Details
- 13.9.2 CCH Tagetik Business Overview and Its Total Revenue
- 13.9.3 CCH Tagetik Financial Close Management Software Introduction
- 13.9.4 CCH Tagetik Revenue in Financial Close Management Software Business (2015-2020)
- 13.9.5 CCH Tagetik Recent Development
- 13.10 Vena
- 13.10.1 Vena Company Details
- 13.10.2 Vena Business Overview and Its Total Revenue
- 13.10.3 Vena Financial Close Management Software Introduction
- 13.10.4 Vena Revenue in Financial Close Management Software Business (2015-2020)
- 13.10.5 Vena Recent Development
- 13.11 Kaufman Hall Axiom Software
- 10.11.1 Kaufman Hall Axiom Software Company Details
- 10.11.2 Kaufman Hall Axiom Software Business Overview and Its Total Revenue
- 10.11.3 Kaufman Hall Axiom Software Financial Close Management Software Introduction
- 10.11.4 Kaufman Hall Axiom Software Revenue in Financial Close Management Software Business (2015-2020)
- 10.11.5 Kaufman Hall Axiom Software Recent Development
- 13.12 DataRails
- 10.12.1 DataRails Company Details
- 10.12.2 DataRails Business Overview and Its Total Revenue
- 10.12.3 DataRails Financial Close Management Software Introduction
- 10.12.4 DataRails Revenue in Financial Close Management Software Business (2015-2020)
- 10.12.5 DataRails Recent Development
- 13.13 Adra Suite by Trintech
- 10.13.1 Adra Suite by Trintech Company Details
- 10.13.2 Adra Suite by Trintech Business Overview and Its Total Revenue
- 10.13.3 Adra Suite by Trintech Financial Close Management Software Introduction
- 10.13.4 Adra Suite by Trintech Revenue in Financial Close Management Software Business (2015-2020)
- 10.13.5 Adra Suite by Trintech Recent Development
- 13.14 Equity Edge
- 10.14.1 Equity Edge Company Details
- 10.14.2 Equity Edge Business Overview and Its Total Revenue
- 10.14.3 Equity Edge Financial Close Management Software Introduction
- 10.14.4 Equity Edge Revenue in Financial Close Management Software Business (2015-2020)
- 10.14.5 Equity Edge Recent Development
- 13.15 Longview
- 10.15.1 Longview Company Details
- 10.15.2 Longview Business Overview and Its Total Revenue
- 10.15.3 Longview Financial Close Management Software Introduction
- 10.15.4 Longview Revenue in Financial Close Management Software Business (2015-2020)
- 10.15.5 Longview Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
- 15.1 Research Methodology
- 15.1.1 Methodology/Research Approach
- 15.1.2 Data Source
- 15.2 Disclaimer
Summary:
Get latest Market Research Reports on Financial Close Management Software. Industry analysis & Market Report on Financial Close Management Software is a syndicated market report, published as COVID-19 Impact on Global Financial Close Management Software Market Size, Status and Forecast 2020-2026. It is complete Research Study and Industry Analysis of Financial Close Management Software market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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