Aico Financial Close Platform vs FIS Financial Close Manager
Aico Financial Close Platform
aico.aiFIS Financial Close Manager
fisglobal.comSide by side
| Figure | Aico Financial Close Platform | FIS Financial Close Manager |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | — |
| Self-hosted | — | Yes |
| Plans published | 1 | 1 |
| Spec score · Financial Close Software | 7.5 (#11) | 7.2 (#17) |
| Close visibility | Dashboards track close progress, task completion, bottlenecks, ownership, priorities, and performance across entities and teams. | A centralized account inventory and real-time dashboards track close progress and flag time-sensitive deliverables. |
| Founded | 2019 | 1968 |
| Headquarters | Espoo, Finland | Jacksonville, Florida, United States |
| Purpose | Aico is a financial close platform designed to automate and streamline enterprise month-end close processes. | The platform automates and controls the financial close and captures information and supporting documentation to certify general ledger balances. |
| Reconciliation | Account reconciliation supports one-click automation, configurable templates, exception flagging, audit trails, reporting, and approval workflows. | Reconciliation models can specify approval levels, manual matching logic, write-off rules and reporting. |
Plans
Aico Financial Close Platform
- Aico Financial Close PlatformPriced on request
FIS Financial Close Manager
- FIS Financial Close ManagerPriced on request
In their own words
Aico Financial Close Platform
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.
FIS Financial Close Manager
FIS Financial Close Manager has no write-up on Specifiction yet; its figures are above.