List of Aico Financial Close Automation Platform Customers
Espoo, 2150,
Finland
Since 2010, our global team of researchers has been studying Aico Financial Close Automation Platform customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased Aico Financial Close Automation Platform for Financial Consolidation and Close from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using Aico Financial Close Automation Platform for Financial Consolidation and Close include: Nokian Tyres, a Finland based Manufacturing organisation with 3800 employees and revenues of $1.43 billion, Sanoma Group, a Finland based Media organisation with 4588 employees and revenues of $1.43 billion, Fazer, a Finland based Consumer Packaged Goods organisation with 8496 employees and revenues of $1.24 billion and many others.
Contact us if you need a completed and verified list of companies using Aico Financial Close Automation Platform, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The Aico Financial Close Automation Platform customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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Fazer | Consumer Packaged Goods | 8496 | $1.2B | Finland | Aico Group | Aico Financial Close Automation Platform | Financial Consolidation and Close | 2020 | n/a |
In 2020, Fazer implemented Aico Financial Close Automation Platform, a Financial Close Automation solution to centralize month end close orchestration across its corporate finance function. The Aico Financial Close Automation Platform was positioned to consolidate close task sequencing and provide a single system of record for close activities and reconciliations.
Functional implementation focused on core close capabilities typical of Financial Close Automation, including task orchestration and scheduling, reconciliation automation, intercompany matching workflows, close checklists and approvals, and standardized close reporting. Configuration work emphasized role based access and templated close tasks to enforce consistent procedures across accounting teams and legal entities.
Integrations were established with Fazer systems that the finance organization uses, including SAP for general ledger and subledger feeds, Twin and Ememo for bank statement and reconciliation inputs, and Nomentia for payments and cash operations, while Aico connectors handled orchestration and status propagation. Data flows were organized so that GL transactions and bank statement reconciliations could update close task status and control evidence within the close platform.
Governance was structured around a centralized close office model that enforced standardized templates, approval workflows, and automated notifications to controllers and shared accounting teams. Rollout and process adoption emphasized embedding the Aico Financial Close Automation Platform into existing month end routines and adjusting workflow ownership and sign off procedures to match the new orchestration layer.
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Nokian Tyres | Manufacturing | 3800 | $1.4B | Finland | Aico Group | Aico Financial Close Automation Platform | Financial Consolidation and Close | 2019 | n/a |
In 2019, Nokian Tyres implemented Aico Financial Close Automation Platform. Category:
The engagement focused on developing global Order to Cash and Record to Report process and reporting, supporting the Financial Accounting team in closing and reporting, and taking responsibility for implementing the Aico Closing tool across finance processes. The project explicitly targeted end-to-end close orchestration and standardized reporting workflows to align close activities with corporate reporting cadence.
Workstreams included configuration and rollout of the Aico Financial Close Automation Platform core closing and journals capabilities, project management for Aico Journals roll-out projects, and end user support and training for Oracle Financials and Aico applications. Functional emphasis covered period close orchestration, journal automation and reporting workflows consistent with Record to Report best practices.
Operational coverage prioritized finance and tax functions, supporting the Tax team on international and national indirect tax matters while providing continuous support to the Financial Accounting team. Governance relied on centralized project management, training-led adoption and embedded end-user support for financial applications to sustain the new close and reporting processes.
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Sanoma Group | Media | 4588 | $1.4B | Finland | Aico Group | Aico Financial Close Automation Platform | Financial Consolidation and Close | 2018 | n/a |
In 2018, Sanoma Group implemented Aico Financial Close Automation Platform. Apps Category: . The implementation followed a thorough evaluation process and deployed Aico’s financial close automation and process management software across the group, establishing a centralized platform for month-end and period-end close activities.
The project scope included the full Aico suite of account reconciliation, journal entries, closing task management and manual invoicing, with configuration to support reconciliations, recurring journal automation, close task orchestration and manual invoice handling workflows. Implementation work focused on configuring functional modules, templating reconciliation schedules and task lists, and instrumenting role-based task ownership and approval flows within the Aico Financial Close Automation Platform.
Operational coverage targeted Sanoma’s finance and accounting functions across the corporate group, standardizing close cadence and creating a single source for close status and task accountability. Governance adjustments centered on centralized process management and defined task ownership to streamline handoffs during the close, leveraging the platform’s process management capabilities.
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Buyer Intent: Companies Evaluating Aico Financial Close Automation Platform
- Genpact, a Bermuda based Professional Services organization with 146000 Employees
- The AIFE (French Agency for Financial Information Technology), a France based Professional Services company with 170 Employees
Discover Software Buyers actively Evaluating Enterprise Applications
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