CoStar Group
1201 Wilson Blvd,
Arlington, 22209, VA,
United States
Arlington, 22209, VA,
United States
1 888-226-7404
Professional Services
CoStar Group Technographics
CoStar Group Software Purchases and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by CoStar Group and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 6593 CoStar Group employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that CoStar Group has purchased the following applications: Billtrust AR Automation for AR Automation in 2017, Sterling Background Check for BackGround Screening in 2020, Oracle Fusion Cloud Fixed Assets for Enterprise Asset Management in 2017 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems CoStar Group is running and its propensity to invest more and deepen its relationship with Billtrust , Oracle , SAP or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing CoStar Group revenues, which have grown to $2.74 billion in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for CoStar Group intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
CoStar Group Data, Technology Stack, and Enterprise Applications
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Billtrust | Legacy | Billtrust AR Automation | AR Automation | ERP Financial Management | n/a | 2017 | 2017 |
In 2017, CoStar Group implemented Billtrust AR Automation to centralize accounts receivable workflows and support billing operations. Billtrust AR Automation was adopted within Finance and customer support teams, with Richmond, VA staff documented as providing direct operational support for invoice presentment and payment processing.
The Billtrust AR Automation deployment covered core AR Automation capabilities including online bill presentment, invoice upload and routing, customer payment processing, and support for contract setup and billing inquiry resolution. Functional workflows documented by Finance Customer Contact Specialists included processing service cancellations, resolving billing inquiries, correcting contract setup issues, clarifying contractual questions for customers, and supporting the companys online BillTrust presentment tool.
Operationally the implementation included uploads to third party portals, specifically Ops Technology and Vendor Café, as part of invoice distribution and collections touchpoints. Governance and day to day process activity were centered in Finance and customer contact operations, where staff handled invoice ingestion, payment application activities, and ongoing customer billing support using Billtrust AR Automation.
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ERP Financial | ERP Financial Management |
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2017 | 2017 |
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Expense Management | ERP Financial Management |
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2017 | 2017 |
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HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Sterling Talent Solutions | Legacy | Sterling Background Check | BackGround Screening | HCM | n/a | 2020 | 2020 |
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Benefits Administration | HCM |
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2011 | 2011 |
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Compensation Management | HCM |
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2011 | 2011 |
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Core HR | HCM |
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2011 | 2011 |
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Learning and Development | HCM |
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2011 | 2011 |
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Payroll | HCM |
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2011 | 2011 |
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Recruiting, Applicant Tracking System | HCM |
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2011 | 2011 |
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Talent Management | HCM |
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2021 | 2021 |
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Time and Attendance | HCM |
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2011 | 2011 |
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ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle Fusion Cloud Fixed Assets | Enterprise Asset Management | ERP Services and Operations | n/a | 2017 | 2017 |
In 2017 CoStar Group implemented Oracle Fusion Cloud Fixed Assets as a targeted Enterprise Asset Management deployment, integrating fixed asset lifecycle management into a broader Oracle Cloud ERP program. The Oracle Fusion Cloud Fixed Assets implementation was positioned alongside core financial modules to centralize asset accounting and support corporate financial close and consolidation workflows for over 4,000 employees in North America and Europe.
The deployment configured Oracle Fusion Cloud Fixed Assets to support standard asset accounting capabilities, including capitalization, depreciation scheduling, disposals and integration with general ledger processes. Oracle Fusion Cloud Fixed Assets was implemented as a functional component within a multi-module Oracle Cloud ERP environment that included GL, Consolidation, FA, AP, Procurement, Sourcing and AR, aligning asset records with payables, procurement and financial reporting processes.
Architecturally the fixed assets implementation leveraged Oracle Integration Cloud services OIC as the centralized integration and ETL layer, enabling bidirectional data flows to and from Microsoft Dynamics ERP, Salesforce.com and other application endpoints. The project fed an enterprise data warehouse and business intelligence layer that consolidated data from over 30 systems and produced more than 250 management, financial and operational reports, ensuring asset data consistency across reporting and BI processes.
Governance and rollout were executed under a program management model reporting to the CFO, with a corporate steering committee and a structured prioritization process to align the financial systems roadmap. The implementation was part of a three year modernization roadmap, accompanied by business process reengineering, over 200 process improvements and automation measures, and a Lean Sigma training and certification program to embed continuous improvement and sustainment practices.
Explicit program outcomes included centralized asset lifecycle controls within Oracle Fusion Cloud Fixed Assets, integration via Oracle Integration Cloud services, a unified reporting foundation, and procurement and vendor selection activities that achieved stated cost savings of over $4 million. The combined program scope linked asset management, finance and procurement functions, reinforcing governance and data flows across CoStar Group’s corporate finance and operational reporting environments.
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Analytics and BI
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Analytics and BI | Analytics and BI |
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2017 | 2017 |
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Content Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Video Editing | Content Management |
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2024 | 2025 |
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Web Content Management | Content Management |
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2014 | 2014 |
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CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Customer Data Platform | CRM |
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2020 | 2020 |
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Customer Experience | CRM |
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2020 | 2020 |
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Listing Management | CRM |
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2016 | 2016 |
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Marketing Automation | CRM |
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2014 | 2014 |
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Sales Automation, CRM, Sales Engagement | CRM |
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2021 | 2021 |
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EPM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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EPM | EPM |
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2017 | 2018 |
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Financial Consolidation and Close | EPM |
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2017 | 2017 |
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ITSM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Application Performance Management | ITSM |
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2017 | 2017 |
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Procurement
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Procurement | Procurement |
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2017 | 2017 |
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Sourcing | Procurement |
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2017 | 2017 |
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PaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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API Management, iPaaS (Integration Platform as a Service) | PaaS |
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2017 | 2017 |
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Transactional Email | PaaS |
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2016 | 2016 |
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IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Application Hosting and Computing Services | IaaS |
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2018 | 2018 |
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Content Delivery Network | IaaS |
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2018 | 2018 |
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CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Secure Email Gateways (SEGs) | CyberSecurity |
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2020 | 2020 |
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IT Decision Makers and Key Stakeholders at CoStar Group
| First Name | Last Name | Title | Function | Department | Phone | |
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| No data found | ||||||
Apps Being Evaluated by CoStar Group Executives
| Date | Company | Status | Vendor | Product | Category | Market |
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| No data found | ||||||
FAQ - APPS RUN THE WORLD CoStar Group Technographics
CoStar Group is a Professional Services organization based in United States,
with around 6593 employees and annual revenues of $2.74 billion.
CoStar Group operates a diverse technology stack with applications such as
Billtrust AR Automation, Sterling Background Check and Oracle Fusion Cloud Fixed Assets,
covering areas like AR Automation, BackGround Screening and Enterprise Asset Management.
CoStar Group has invested in cloud applications and AI-driven platforms to optimize efficiency and growth,
collaborating with vendors such as Billtrust, Sterling Talent Solutions and Oracle.
CoStar Group recently adopted applications including
Amazon Elemental MediaConvert in 2024, Eightfold Talent Intelligence Suite in 2021 and Salesforce Sales Cloud in 2021,
highlighting its ongoing modernization strategy.
APPS RUN THE WORLD maintains an up-to-date database of CoStar Group’s key decision makers and IT executives,
available to Premium subscribers.
Our research team continuously updates CoStar Group’s profile with verified software purchases,
vendor relationships, and digital initiatives identified from public and proprietary sources.
Subscribe to APPS RUN THE WORLD to access the complete CoStar Group technographics profile,
including detailed breakdowns by category, vendor, and IT decision makers.