Anaplan, a pioneering platform in connected planning for improved business decision-making, announced the acquisition of Fluence Technologies to enhance its cloud platform. This strategic move aims to add top-tier financial consolidation capabilities to Anaplan’s offerings. Fluence is renowned for its comprehensive financial close, consolidation, and reporting solutions embraced worldwide by enterprise clients. Anaplan envisages the acquisition closing by early May. The integration promises to deliver out-of-the-box software for financial consolidation, empowering finance teams with user-friendly automation and real-time interactive reporting via familiar applications like Excel. Anaplan’s consolidation and disclosure management capabilities are set to fortify its leadership in finance planning and scenario analysis. The acquisition is a testament to Anaplan’s commitment to facilitate agile real-time financial and operational decision-making through a unified planning platform. This development is driven by CFO Hemant Kapadia’s appreciation for consolidating financials and connected planning, and will be spearheaded by industry experts Adam Thier of Anaplan and HervĂ© Capo of Fluence.

Enterprise Software & Network Solutions, Financial Management & Advisory,United States, Global

https://www.thomabravo.com/press-releases/anaplan-announces-agreement-to-acquire-fluence-technologies