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Gartner Magic Quadrant for Cloud Core Financial Management Suites

Aqilla – providers of leading Cloud Accounting and Finance Software

Solution – announced today it has appeared in the Gartner report covering their Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises. The aim of this report is to aid in identifying suitable vendors of cloud solutions.

There has been a considerable shift within the relatively static market of on-premise core financial management applications. This is thanks to the maturity of the cloud-based technologies who have reached a level of functional maturity that easily competes with traditional technologies.

Flora Streeter, Digital Marketing Specialist at Aqilla states: “65% of customers who have signed up with us so far this year have cited cloud migration/adoption as one of the key reasons they have implemented Aqilla. We’ve seen a genuine shift in attitude toward a SaaS approach to accounting and financial reporting as more and more finance professionals can finally benefit from an ‘anytime, anywhere’ access to the information they need – something which has been available to their colleagues in other departments for some years now.”

Gartner outline the fact that, by 2023, 50% of all new midsize core financial management application projects and 25% of large and global ones will be public cloud implementations.

Aqilla continues to provide users with a platform that grows with their needs and delivers results in an intuitive and easy to use application and continue to extend the range of API’s and plugins that ensure easy integration into CRM, Business Intelligence, Excel and other backend systems. Gartner subscribers can access the report here.

Aqilla includes the full range of essential features required by todays modern finance professional.

Our users experience an Online Accounting platform that grows with their needs and delivers results in an intuitive and easy to use application. API’s and plugins ensure easy integration into CRM, Business Intelligence, Excel and other backend systems. New customers can be up and running in hours not days, save by not spending money on expensive training/consultancy and removing the ongoing expense of maintenance and management.