Publication: March 2025

BARC Score Financial Performance Management DACH

With BARC Score Financial Performance Management DACH, you can compare 14 vendors at a glance and see how their portfolios rank in this competitive market segment.

To purchase the BARC Score, please contact us.

With the help of BARC Score Financial Performance Management DACH:

  • You will get a detailed overview of the Financial Performance Management market segment in the German-speaking DACH region.
  • You will be able to assess the market position and portfolio of software vendors.
  • You will have the foundation to build your long list or short list.

Further information

Markets and competition today are highly dynamic and complex, and the future is characterized by uncertainty. In this context, the management and monitoring of financial performance across an organization and therefore financial performance management (FPM) are gaining in importance for a growing number of companies.

The age of digitalization presents organizations with new challenges. As a result, the monitoring and forecasting of financial targets is becoming increasingly important as part of FPM. In recent years, many companies have painfully recognized the importance of transparency in financial processes for efficient management. This transparency not only includes looking back into the past (“what has happened”) but increasingly requires anticipation and reflection of future developments in an organization’s process goals and structures (“what will happen”).

For this reason, key focus areas that companies are pursuing right now in FPM are:

  • An accelerated supply of information for decision-makers.
  • Increasing consideration of internal and external data for decision-making.
  • Greater use of data and analytics in decision-making and management processes.
  • Short-term planning and forecasts with a higher updating frequency.
  • Digitalization and greater software support for internal processes as an essential basis for their optimization and further automation.

Support from modern and requirements-oriented software solutions is an essential element in achieving these goals. Hereby, the integration of various FPM disciplines in common software platforms (e.g., financial planning and forecasting, financial consolidation and close, financial reporting and disclosure management, ad hoc query and analysis of financial data) is a means of avoiding problems and user dissatisfaction but also helps to streamline financial management processes within companies and to drive finance transformation.

Selection of vendors

There are two separate categories of inclusion criteria for this BARC Score: the first is associated with a vendor’s products and portfolios and the other is linked to the financial results relating to those products. To be evaluated in this BARC Score, a vendor has to have a strong focus on providing FPM functionality (not only analytics functionality) and supply at least four out of five technologies from the following list in a solution not merely focused on one industry or use case:

  • Financial planning and forecasting
  • Financial consolidation and close
  • Financial reporting and disclosure management
  • Ad hoc query and analysis of financial data
  • Operational planning and forecasting

In addition, a vendor must have at least 250 productive customers and generate a minimum of 20-25 million EUR in revenue per year (software revenue) with the evaluated product set in this BARC Score. Furthermore, the product set must have a significant number of implementations and license or subscription revenues in the DACH region (Germany, Austria and Switzerland).

There is no differentiation between on-premises offerings and cloud-based product sets.

Software evaluation

Software providers are evaluated on two dimensions, ‘Portfolio Capabilities’ and ‘Market Execution’, each representing an axis on the chart.

In addition to BARC’s analyst opinion, user experience also plays an important role.

Our BARC Score FPM is based on the world’s largest surveys of planning and financial consolidation software usage, the Planning Survey and the Financial Consolidation & Group Accounting Survey, which ask companies each year about their satisfaction with software vendors and solutions.

Detailed analyst knowledge and comprehensive survey results are summarized in the BARC Score report and chart. The chart provides a clear view of each vendor’s market position and portfolio.

Authors

Dr. Christian Fuchs
Senior Analyst Data & Analytics
Dr. Christian Fuchs is Senior Analyst and Head of Data & Analytics Research at BARC.
Larissa Baier
Senior Analyst Data & Analytics
Larissa is a Senior Analyst working in research and consulting.
Robert Tischler
Senior Analyst Data & Analytics
Robert's focus is on research and advisory. He is also responsible for BARC's business in Austria.
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