About Fluence
Fluence is a financial planning software from Fluence Technologies that helps organizations with budgeting and forecasting. It includes features for financial reporting, integrated analytics, and collaborative planning so users can make informed decisions based on real-time data. Fluence supports multiple financial scenarios and allows for easy adjustment of models, which aids in accurate forecasting. Additionally, it provides actionable insights through detailed visualizations that improve understanding of financial performance. Key capabilities: financial reporting integrated analytics collaborative planning scenario modeling data visualization Best for: finance teams that need efficient budgeting and forecasting solutions.
Fluence is a cloud‑based consolidation and financial‑close solution designed for finance teams that want an accessible yet powerful tool to manage group accounting, inter‑company eliminations, currency translations, and reporting while reducing reliance on spreadsheets and heavy IT support. The platform boasts strong out‑of‑the‑box capabilities—such as pre‑built consolidation models, automatic foreign exchange re‑calculations, inter‑company matching, audit‑trail controls, and a calculation engine that supports time‑based roll‑forwards and what‑if simulations. It also emphasises rapid deployment: using an Excel‑style interface familiar to finance users, the vendor claims firms can go live in weeks rather than months. One of its distinguishing strengths is how it balances depth with usability: it’s deep enough for multi‑entity, multi‑currency groups yet lightweight compared to large legacy group‑reporting systems, and it puts the finance team in control of changes (no coding required).
Pros & Cons
- +Purpose‑built for finance and accounting consolidation rather than generic BI tools, aligning well with group close and multi‑entity finance processes.
- +Enables finance teams to own the process, reducing reliance on IT and scripting.
- +Good transparency and audit capabilities help support internal controls, audits, and regulatory compliance.
- +Rapid deployment potential, especially for mid‑market firms with multiple entities but not enterprise‑scale budgets.
- +Strong data connectivity and consolidation logic covering complex scenarios (currency, equity holdings, intercompany).
- −Implementation requires mapping existing processes, migrating data, and training staff — complexity can be significant for highly complex groups.
- −Smaller organizations with simple close processes may find the full breadth of features excessive and potentially not cost‑optimal.
- −Effective use requires finance teams to adapt to new workflows or change longstanding spreadsheet-driven practices.
- −Localisation (currency, local standards, tax regimes) outside main target markets may need verification.
Features
Key features
- Finance‑Close & Consolidation Engine
- Designed for corporate finance teams to automate and accelerate financial close and consolidation processes.
- No‑Code / Finance‑Owned Configuration
- Enables finance users (not just IT) to configure rules, logic, workflows, and reporting without custom coding.
- Data Connectivity & Multi‑Entity Support
- Supports data collection from multiple sources, handles multiple entities, currencies, ownership structures, consolidations, and reporting standards (GAAP/IFRS).
- Audit‑Ready Transparency & Drill‑Down
- Provides full visibility into underlying data, audit trails, intercompany eliminations, currency translation details, and consolidation flows.
- Rapid Deployment for Mid‑Market
- Allows quicker deployments than legacy consolidation platforms, making it accessible to mid‑sized enterprises.
Additional features
- Access Controls / Permissions
- Role‑based permissions, field‑level access, and audit logs for governance.
- Workflow & Task Management for Close Process
- Checklists, dependencies, and schedules for close cycle management.
- Data Integration & Management
- Connects to ERP, spreadsheets, databases, cloud systems; supports large‑volume data ingestion and transformation.
- Consolidation Processing & Intercompany Eliminations
- Handles eliminations, equity pickups, foreign‑currency translation, minority interests, and reporting logic.
- Reporting & Drill‑Down Analytics
- Custom dashboards, drill‑through to source entries, interactive reporting, and self‑serve analytics.
- Cloud / Web Deployment & Scalable Architecture
- Cloud‑native offering, scalable to multiple entities and geographic regions.
- Excel Integration & Familiar UI
- Provides Excel add‑in or interface to leverage familiar spreadsheet tools while using the platform logic.
- Change‑Management & Adaptability
- Enables finance teams to adapt rules, structures, and workflows as business evolves (e.g., acquisitions, ownership changes).
Pricing
Countries & Languages
Interface languages
Billing currencies
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About Fluence
Fluence is a financial planning software from Fluence Technologies that helps organizations with budgeting and forecasting. It includes features for financial reporting, integrated analytics, and collaborative planning so users can make informed decisions based on real-time data. Fluence supports multiple financial scenarios and allows for easy adjustment of models, which aids in accurate forecasting. Additionally, it provides actionable insights through detailed visualizations that improve understanding of financial performance. Key capabilities: financial reporting integrated analytics collaborative planning scenario modeling data visualization Best for: finance teams that need efficient budgeting and forecasting solutions.
Fluence Details
Fluence's In-App Market Place
Does Fluence have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), JPY (¥), AUD ($), CAD ($), CHF (CHF), CNY (¥), SEK (kr)
Pros & Cons
- Purpose‑built for finance and accounting consolidation rather than generic BI tools, aligning well with group close and multi‑entity finance processes.
- Enables finance teams to own the process, reducing reliance on IT and scripting.
- Good transparency and audit capabilities help support internal controls, audits, and regulatory compliance.
- Rapid deployment potential, especially for mid‑market firms with multiple entities but not enterprise‑scale budgets.
- Strong data connectivity and consolidation logic covering complex scenarios (currency, equity holdings, intercompany).
- Implementation requires mapping existing processes, migrating data, and training staff — complexity can be significant for highly complex groups.
- Smaller organizations with simple close processes may find the full breadth of features excessive and potentially not cost‑optimal.
- Effective use requires finance teams to adapt to new workflows or change longstanding spreadsheet-driven practices.
- Localisation (currency, local standards, tax regimes) outside main target markets may need verification.
Fluence's Support Options
Contact
+1-415-742-8199Documentation
https://help.anaplan.com/Community Forums
https://community.anaplan.com/Fluence's Alternatives
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