Aptitude Software Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS and CLOUD TOP 500 Market Report

631 Aptitude Software

Aptitude Software Strengths, Domain Expertise, and Key Differentiators

As an expert in global financial software, Aptitude Software provides CFOs of the world's largest organizations with a competitive edge through the streamlining and automation of financial accounting processes. The Aptitude Lease Accounting Engine enables clients to seamlessly transition to IFRS 16 and ASC 842, ensuring consistent and auditable lease accounting. Moreover, it facilitates a comprehensive understanding of the financial impact of individual leases and addresses complex accounting scenarios, empowering organizations with faster actionable insights.

The services teams at Aptitude Software possess extensive finance and technical expertise, delivering comprehensive support to customers throughout all phases of a project—pre, during, and post-implementation. This ensures an efficient and low-risk deployment, complemented by thorough training initiatives for optimal results.

Aptitude Software Recent Developments

In March 2022, Aptitude Software introduced Fynapse, an advanced automated finance management platform. Fynapse aims to transform the finance office, empowering professionals with enhanced control and insights to deliver strategic business value more efficiently and cost-effectively.

In June 2022, Aptitude Software unveiled a dynamic corporate rebrand, reflecting the company's capability to identify opportunities amid the increasing complexity of businesses. This strategic move follows the 2021 acquisition of MPP Global, marked company growth, and a foray into new product areas and industries.

Aptitude Software Mergers and Acquisitions (M&A) Activities

In October 2021, Aptitude Software completed the acquisition of MPP Global Solutions Limited, a global provider of cloud-based subscription management and billing technology (eSuite), in a transaction valued at £37.1 million. MPP Global's eSuite platform is dedicated to the subscription economy, delivering a modular, cloud-based, end-to-end Software as a Service (SaaS) solution to large enterprise clients, encompassing identity management, CRM, automated billing, and payment processing.

Aptitude Software Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Aptitude Software applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Aptitude Software and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Aptitude Lease Accounting Engine, Aptitude Accounting Hub, Aptitude RevStream, Aptitude Fynapse, Aptitude Compliance customers.

Aptitude Software Overview

8th Floor, 138 Cheapside

London, x, EC2V 6BJ, United Kingdom

44 20 3687-3200

https://www.aptitudesoftware.com/


Ownership: - APTD.L

Number of Employees: 527

Functional Markets: ERP Financial, ERP Services and Operations,

Key Verticals: Banking and Financial Services, Communications, Media,

Aptitude Software Key Enterprise and Cloud Applications

Aptitude Lease Accounting Engine, Aptitude Accounting Hub, Aptitude RevStream, Aptitude Fynapse, Aptitude Compliance

Aptitude Software Revenues, $M:

Type/Year20222023YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
Enterprise Applications Revenues, $M Subscribe Subscribe Subscribe
Cloud Applications Revenues, $M Subscribe Subscribe Subscribe

* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

Aptitude Software Revenue Breakdown By Type, $M:

TypeLicenseServicesHardwareS&MSaaSPaaSIaaSOtherTotal
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe 100%
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe

Aptitude Software Revenues By Region, $M

Region% of Total Revenues2023 Total Revenues, $M2023 Enterprise Applications Revenues, $M2023 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

Aptitude Software Direct vs Indirect sales

RegionDirect SalesIndirect SalesTotal
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Aptitude Software Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Aptitude Software Customers


No. of Aptitude Software Customers: x

No. of Aptitude Software Enterprise Applications Customers: x

No. of Aptitude Software Cloud Customers: x

No. of Aptitude Software Cloud Subscribers: 500 million


Aptitude Software is trusted by numerous prominent global entities, such as tier-one banks, major insurers, and large telecommunications companies across various sectors. Serving clients in over 20 countries, the proprietary software supports businesses with combined revenues nearing $1 trillion and encompasses a user base of over 500 million subscribers worldwide.

In May 2023, Aptitude Software welcomed SAS Institute, a multinational developer of analytics software, as a new client. SAS Institute chose Aptitude RevStream to deliver a scalable, comprehensive solution for revenue accounting, reporting, and forecasting. Among SAS Institute, GoTo, a company simplifying IT management, support, and business communication through flagship products GoTo Resolve, Rescue, and GoTo Connect, also opted for Aptitude RevStream to implement an automated, sustainable revenue recognition and management solution, serving as a long-term platform for growth.

In April 2023, Legal & General America enlisted Aptitude Software to drive their finance modernization initiative. Aptitude Software will deploy a sophisticated accounting hub and sub-ledger solution, automating extensive accounting processes to establish a centralized data foundation under finance's stewardship, fostering informed and effective business decision-making.

In March 2023, Aptitude Software added Commonwealth Bank of Australia (Australia’s largest bank) to its esteemed clientele. CBA, on its finance modernization journey, chose Aptitude Software as the partner and software provider for their new sub-ledger. This strategic initiative involves integrating over 80 of the bank’s source systems into the finance ecosystem. Beyond delivering high-quality, granular finance information at speed, the program aims to simplify existing accounting rules and processes significantly.

In early 2023, Aptitude Software gained Aschendorff Group as a valued customer. As a distinguished media group in Germany, Aschendorff operates various media outlets, including newspapers, news portals, digital media, and magazines. The implementation of eSuite, a cutting-edge subscriber management platform offered by Aptitude Software, signifies Aschendorff Group's strategic move from legacy systems to a state-of-the-art ecosystem. This transition aims to support a comprehensive range of offerings, encompassing digital, print, and physical products.

Aptitude Software Market Opportunities, M&A and Geo Expansions

In the early successes of 2023, Aptitude Software forged a collaboration with Microsoft, integrating Fynapse, a fully automated finance management platform with Dynamics 365 Finance, Leveraging its extensive finance domain expertise and advanced enterprise accounting hub technology. The integrated accounting hub capabilities aim to empower Dynamics 365 Finance customers with increased efficiencies, cost reductions, and valuable business insights. This seamlessly integrated Software as a Service (SaaS) offering will be hosted on the Microsoft Azure platform.

Aptitude Software Risks and Challenges

In November 2023, Alex Curran was appointed Chief Executive Officer for the Group, which could lead to a different company strategy in the future.

Aptitude Software Ecosystem, Partners, Resellers and SI

In early 2023, Aptitude Software entered into a strategic partnership with the Swedish fintech company Minna Technologies. This collaboration aims to offer subscription businesses advanced anti-churn capabilities. Through the integration of the Aptitude Software subscription management platform, eSuite, with Minna Technologies, subscription businesses can address a prevalent issue related to churn – specifically, payment blocks resulting from canceling subscriptions within banking apps, hindering resubscriptions.

Aptitude Software's partner ecosystem is a dynamic network comprising advisory, consulting, integration, and technology providers. This growing community offers complementary services and solutions, enhancing the capabilities of Aptitude Software's clients across diverse industries and regions. The collaborative efforts of this partner community aim to provide clients with access to top-tier skills and expertise throughout the entire solution lifecycle. Notable partners include Accenture, Fierte, CFGI, Cognizant, Deloitte, Crossing Technologies, KPMG, and others. Additionally, Aptitude Software collaborates with technology partners such as Oracle, Workday, Teradata, and many others.

Aptitude Software Cloud Infrastructure Insights

Subscribe to read more about:

  • Aptitude Software Public Cloud and Infrastructure (IaaS)
  • Aptitude Software Platform (PaaS)
  • Aptitude Software Application Delivery
  • Aptitude Software Private Cloud and Data Centers

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.


Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).


For additional information on our methodologies, here's the link:

https://www.appsruntheworld.com/About Us
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Buyer Intent: Companies Reading this Research Report
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  1. DreamVPS, a Israel based Professional Services organization with 20 Employees
  2. DreamVPS, a Israel based Professional Services company with 20 Employees
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