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Complex Financial Reporting Requirements Boost Demand for Dedicated Software, ISG says

Business Wire•06/10/2026•09:00 ET
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Key Highlights

  • ➤ISG expects half of midsize and larger enterprises to use close management software by 2028
  • ➤OneStream ranked top Overall Leader across all three 2026 ISG Buyers Guides
  • ➤Oracle and BlackLine followed OneStream in Record to Report rankings
  • ➤Board and Oracle followed OneStream in Financial Consolidation rankings
  • ➤BlackLine and Oracle followed OneStream in Financial Close rankings

Expert Statements

Robert Kugel, Executive director, business research, ISG

“Holding onto existing accounting tools just because they are familiar is one of the most expensive things a finance department can do,”

Robert Kugel, Executive director, business research, ISG

“Enterprises need to consider and compare R2R software platforms, especially as providers continue to enhance their capabilities with AI.”

Robert Kugel, Executive director, business research, ISG

“AI and generative AI can significantly increase the productivity of employees involved in financial closing and reporting,”

Robert Kugel, Executive director, business research, ISG

“In addition to conserving resources, this may help accounting departments attract and retain scarce talent.”

Complex Financial Reporting Requirements Boost Demand for Dedicated Software, ISG says

Companies embrace increasingly AI-enabled tools for accelerating and controlling record-to-report processes, new research says

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