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Fiserv Accurate Reconciliation vs SAP Business Planning and Consolidation comparison

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Buyer's Guide
Financial Close Software
March 2024
Executive Summary

We performed a comparison between Fiserv Accurate Reconciliation and SAP Business Planning and Consolidation based on real PeerSpot user reviews.

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To learn more, read our detailed Financial Close Software Report (Updated: March 2024).
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768,740 professionals have used our research since 2012.
Featured Review
Use Fiserv Accurate Reconciliation?
Anonymous User
​​It's a robust solution with no issues​. In my view, it is necessary to introduce another way to create reports...
It has hugely reduced the amount of time dedicated to perform the financial consolidation of the group. The group is composed by 100 companies, and... Read more →
Ranking
12th
out of 27 in Financial Close Software
Views
380
Comparisons
232
Reviews
0
Average Words per Review
0
Rating
N/A
7th
out of 27 in Financial Close Software
Views
879
Comparisons
648
Reviews
0
Average Words per Review
0
Rating
N/A
Buyer's Guide
Financial Close Software
March 2024
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Find out what your peers are saying about Blackline, Workiva, Oracle and others in Financial Close Software. Updated: March 2024.
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768,740 professionals have used our research since 2012.
Comparisons
Also Known As
SAP BPC
Learn More
Fiserv
SAP
Overview

Many organizations rely on multiple systems to access the data required for monthly and quarterly accounting reconciliation and daily transactional matching. Some use a manual reconciliation process that relies on error-prone spreadsheets. Exceptions are slow to resolve and it's nearly impossible to achieve the single version of the truth that finance and executive teams need.

That's why organizations worldwide use AccurateTM Reconciliation from Fiserv. It enables demonstrable operational efficiency gains over manual processing and cuts the risk of errors resulting in financial loss.

Accurate Reconciliation is a comprehensive, end-to-end account reconciliation and certification solution that handles all transaction types and financial instruments. The solution integrates both transaction and balance-level data and automates the entire reconciliation process from data acquisition and matching through period-end approvals and reviews.

The SAP Business Planning and Consolidation (SAP BPC) application delivers planning, budgeting, forecasting, and financial consolidation capabilities, so you can easily adjust plans and forecasts, speed up budget and closing cycles, and ensure compliance with financial reporting standards.

Sample Customers
Information Not Available
Medtronic, Cirque du Soleil, Antarc, B&G Manufacturing, EarlySense, eBay, Ferrero, James Austin Company, Lenovo, Sagem, RAK Ceramics, Vodafone
Top Industries
VISITORS READING REVIEWS
Financial Services Firm30%
Retailer14%
Insurance Company10%
Computer Software Company6%
VISITORS READING REVIEWS
Computer Software Company16%
Energy/Utilities Company9%
Financial Services Firm8%
Manufacturing Company7%
Company Size
VISITORS READING REVIEWS
Small Business16%
Midsize Enterprise18%
Large Enterprise66%
VISITORS READING REVIEWS
Small Business23%
Midsize Enterprise11%
Large Enterprise66%
Buyer's Guide
Financial Close Software
March 2024
Download Free Report
Find out what your peers are saying about Blackline, Workiva, Oracle and others in Financial Close Software. Updated: March 2024.
DOWNLOAD NOW
768,740 professionals have used our research since 2012.

Fiserv Accurate Reconciliation is ranked 12th in Financial Close Software while SAP Business Planning and Consolidation is ranked 7th in Financial Close Software. Fiserv Accurate Reconciliation is rated 0.0, while SAP Business Planning and Consolidation is rated 7.0. On the other hand, the top reviewer of SAP Business Planning and Consolidation writes "​​It's a robust solution with no issues​. In my view, it is necessary to introduce another way to create reports apart from MS Excel". Fiserv Accurate Reconciliation is most compared with Fiserv Frontier Reconciliation and BlackLine, whereas SAP Business Planning and Consolidation is most compared with CCH Tagetik, Longview Analytics, LucaNet, Oracle Enterprise Performance Management Cloud and Adaptive Insights.

See our list of best Financial Close Software vendors.

We monitor all Financial Close Software reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.