![](https://robertkugel.ventanaresearch.com/hs-fs/hubfs/AI_is_Changing_the_Market_for_Consolidation_Software.png?width=200&name=AI_is_Changing_the_Market_for_Consolidation_Software.png)
Until recently, dedicated consolidation software had been a sleepy category. First introduced in the 1980s as a tool designed to run on personal computers (freeing the accounting department from reliance on its IT department), offerings basically achieved feature and function parity by the next decade. The last major technology innovation—moving the software to the cloud—began in the mid-2000s. Cloud-based software reduces the cost and complexity of ownership, making dedicated software a more...
Topics: Office of Finance, ERP and Continuous Accounting, digital finance, Generative AI, Consolidate and Close Management