Aico Financial Close Platform vs Double

Aico Financial Close Platform is a web-based system for managing enterprise financial close work. It brings closing tasks, account reconciliations, journal entries, intercompany invoicing, transaction matching, financial requests, compliance tasks, manual payments, and account or variance monitoring into one platform. Enterprises can configure templates, workflows, approvals, and process rules, allowing finance teams to develop processes without IT. Dashboards show progress, completed tasks, bottlenecks, ownership, priorities, and performance across entities and teams. Reconciliation tools provide one-click automation, configurable templates, exception flags, audit trails, reporting, and approval workflows. Aico lists integrations for SAP, Oracle, Microsoft Dynamics 365, Unit4, IFS, Infor, Sage, Epicor, Workday, and Deltek, while other ERP systems can connect through standard methods. The platform supports multi-entity close, recurring templates, task dependencies, native ERP connectivity, and audit trails. It is aimed at large enterprises and complex finance teams. Pricing is on request.

Double is month-end close and practice management software for accounting firms and internal finance teams. Its close workflow brings tasks, client and teammate communication, and close progress into one view. Listed AI tools include AI Bank Feeds, AI Transactions and Ask Double, along with automations for transaction handling and journal entries. Double integrates with QuickBooks Online, Xero, Sage and NetSuite, with two-way sync described for QuickBooks Online and Xero. Other listed integrations include Ping, Abacor and Zapier. The Client Portal app for iOS and Android lets clients ask and answer questions, upload receipts and view financials; Double is also available on the web. Listed close capabilities include audit trails, task dependencies, approval workflows, multi-entity close and recurring templates. Double says data is encrypted at rest and in transit, supports two-factor authentication, and does not sell user data or client financial information. Its Trust Center lists SOC 2 Type II reports for 2023, 2024 and 2025, plus GDPR and CCPA compliance resources. Accounting firm subscriptions require at least one connected client, billed monthly.