Aptitude Software
Aptitude Software Group plc is a software development company that specializes in financial management solutions for organizations with complex financial data and technology requirements. Headquartered in London, it offers a variety of applications, including the Aptitude Accounting Hub for automating finance and reporting activities, the Aptitude Revenue Recognition Engine for connecting existing General Ledgers, and the Aptitude IFRS 17 Solution for compliance with insurance standards. The company also provides cloud-based solutions like Aptitude RevStream, along with tools for cost allocation and lease accounting. Aptitude Software primarily generates revenue from software licenses, subscriptions, maintenance, and related consultancy services. With a focus on industries such as telecommunications, banking, and insurance, Aptitude Software addresses the unique challenges faced by CFOs in managing high volumes of complex transactions while adapting to evolving regulations and business models. The company, formerly known as Microgen plc, has been operational since 1981 and has built a strong reputation over the past two decades in serving the needs of finance leaders.
RevStream
Acquisition in 2017
RevStream, Inc., located in Redwood Shores, California, specializes in Enterprise Revenue Lifecycle Management. The company offers a robust cloud-based platform that enables organizations to automate revenue recognition and reporting, while delivering valuable insights for improved forecasting, compliance, and decision-making. RevStream's solutions cater to a diverse array of industries and monetization models, positioning it as the standard for revenue management among numerous Fortune 500 companies. Its comprehensive and adaptable software assists financial organizations in managing risk and ensuring accurate revenue accounting.
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