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Top 2 Financial Close Software Companies With $5M–$10M Revenue (August 2026)

As of August 2026, Latka tracks 2 financial close software companies with $5M–$10M in annual revenue. They have combined revenues of $12M and employ 109 people. They have raised $108.5M.

Every company below sells financial close software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Financial Close Software Companies do

Financial Close Software encompasses tools designed to streamline and automate the financial close process, ensuring accuracy, compliance, and efficiency in reporting financial results. These solutions typically support critical functions such as reconciliations, consolidations, budgeting, and forecasting, enabling finance teams to reduce the time and effort required to close monthly or annual financial books. The primary use cases for Financial Close Software include accelerating month-end close activities, improving the accuracy of financial data, and enhancing collaboration between finance departments and other stakeholders. Typical features may include task automation, real-time reporting, integration with existing enterprise resource planning systems, and advanced analytics capabilities that provide insights into financial performance. Common buyer personas include finance and accounting professionals, controllers, CFOs, and financial analysts who seek to optimize their financial processes. Employing such software allows organizations to mitigate risks associated with manual data handling and meet regulatory requirements effectively.

Companies
2
Revenue
$12M
Funding
$108.5M
Employees
109

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Top Financial Close Software Companies With $5M–$10M Revenue

Showing 2 of 2 companies ranked by annual revenue.

1Rillet logo
Rillet

New York, New York, United States

Rillet is the first accounting platform made to tailor fit the workflows of accountants and a full replacement for legacy ERPs like NetSuite and Sage Intacct. Scaling and hyper-growth companies like BitWarden, Windsurf and Postscript use Rillet to enable a smarter close with native integrations, automated journal entries and AI embedded workflows. Rillet also supports multi-entity, multi-currency and multi-geography. We natively integrate with industry leading solutions like Salesforce, Stripe, Ramp, Brex, Rippling and more. Our open API also enables custom builds. We support SaaS, professional services, ecommerce, fintech companies and more. We're backed by Sequoia, First Round Capital and Creandum with offices in New York and Barcelona.

Revenue
$6.7M
Year founded
2021
Funding
$108.5M
Team size
61
2Aico - Intelligent Financial Close Automation logo
Aico - Intelligent Financial Close Automation

Espoo, Uusimaa, Finland

Free your time for other important activities with Aico - the platform for large enterprises Aico is the most advanced financial close platform for large enterprises. By leveraging automation to handle the error-prone, manual tasks associated with the financial close, accounting teams gain more control over their workflow. This allows them to focus on more strategic and high-value work. In addition, Aico alleviates the burden of overtime and stress traditionally associated with monthly financial close and enables finance professionals to achieve a better work-life balance.

Revenue
$5.3M
Year founded
2008
Team size
48

Frequently asked questions about Financial Close Software Companies With $5M–$10M Revenue

How many financial close software companies with $5M–$10M in annual revenue are there?

Latka tracks 2 financial close software companies with $5M–$10M in annual revenue. Together they generate $12M in annual revenue and employ 109 people.

Which financial close software company with $5M–$10M in annual revenue is the largest?

Rillet is the largest, with $6.7M in annual revenue, founded in 2021.

How much revenue does a typical financial close software company with $5M–$10M in annual revenue make?

The average financial close software company in this list makes $6M a year, across 2 companies with reported revenue.

Who are the leading Financial Close software vendors with $5M–$10M in annual revenue?

Ranked by annual revenue, the leaders are Rillet and Aico - Intelligent Financial Close Automation.

How much funding have financial close software companies with $5M–$10M in annual revenue raised?

The 2 financial close software companies with $5M–$10M in annual revenue tracked here have raised $108.5M in disclosed funding between them.

Related ERP Software categories

All ERP Software SaaS categoriesEvery category we track inside ERP Software, each ranked by revenue.Browse every SaaS industryThe full A-Z of SaaS categories Latka tracks, from Financial Close to everything else.

Inclusion Criteria

- The software must automate financial closing processes, including reconciliations and consolidations. - It should provide real-time reporting and analytics to aid in decision-making. - The solution must be able to integrate with existing financial systems or enterprise resource planning (ERP) software. - It should enhance collaboration among finance team members and other departments. - Products must support the generation of compliance reports to meet regulatory standards. - Not just task management; it must also offer analytics and insights capabilities.