Question: Do you know of a tool that offers a comprehensive financial close management process, including anomaly detection and resolution?

If you're looking for a broad financial close management solution, HighRadius is a good choice. This autonomous finance platform uses AI to automate a range of financial processes, including financial close management, anomaly detection and resolution. It can connect to many ERPs and third-party systems to reduce IT work, increase productivity and improve working capital by lowering Days Sales Outstanding (DSO) and improving cash flow.

Another contender is Workday Adaptive Planning, a cloud-based Enterprise Performance Management (EPM) system. It includes modules for Financial Planning, Workforce Planning, Operational Planning and Close and Consolidation. The system uses sophisticated AI and machine learning to automate close and consolidation work, and it can provide real-time data and deeper insights through built-in analytics and machine learning tools.

Workday also has a powerful option with its Enterprise Management Cloud, which combines finance and HR. It includes Workday Adaptive Planning for collaborative and continuous planning, and embedded Artificial Intelligence to improve performance and decision-making. The system lets companies respond to change and make better decisions with a single source of financial, people and operational data.

Last is Vena, which offers a broad financial planning and analysis software that's integrated with Microsoft 365. It covers a range of financial tasks, including budgeting, forecasting, cash flow planning and financial consolidation. Vena marries the flexibility of Excel with AI and flexible data modeling, letting you create templates, share data and track changes in a secure database foundation.