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Top 10 Best Statutory Reporting Software of 2026

Discover the top 10 statutory reporting software. Compare tools to simplify compliance—find your best fit today!

Min-ji Park

Min-ji Park

Feb 11, 2026

10 tools comparedExpert reviewed
Independent evaluation · Unbiased commentary · Updated regularly
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In an era where regulatory demands grow increasingly complex, statutory reporting software is indispensable for businesses aiming to ensure accuracy, timeliness, and compliance in financial filings. The tools below—spanning cloud platforms, Excel-integrated solutions, and enterprise-grade systems—represent the pinnacle of capabilities, catering to diverse organizational needs from consolidation to global regulatory adherence.

Quick Overview

  1. 1#1: Workiva - Cloud-based platform for regulated financial reporting, compliance, and statutory filings like SEC reports.
  2. 2#2: CCH Tagetik - Unified corporate performance management solution for financial consolidation, statutory reporting, and regulatory compliance.
  3. 3#3: OneStream - Intelligent finance platform providing statutory consolidation, reporting, and close management in a single solution.
  4. 4#4: Oracle Financial Consolidation and Close - Cloud service for global financial consolidation, account reconciliation, and statutory reporting.
  5. 5#5: SAP Group Reporting - Real-time statutory and management consolidation tool integrated with SAP S/4HANA for compliant financial reporting.
  6. 6#6: Insightsoftware Certent - Automates financial disclosure management, close processes, and statutory reporting for complex organizations.
  7. 7#7: LucaNet - Specialized software for financial consolidation, group reporting, and statutory accounts preparation.
  8. 8#8: BlackLine - Financial close automation platform with reconciliation, task management, and statutory reporting features.
  9. 9#9: Vena - Excel-integrated platform for FP&A, consolidation, budgeting, and statutory financial reporting.
  10. 10#10: Planful - Continuous planning platform supporting financial consolidation, reporting, and statutory compliance.

Tools were selected and ranked based on key factors including feature depth (e.g., real-time reporting, global consolidation), ease of use, platform reliability, and overall value, ensuring a comprehensive list of top performers for businesses of all sizes.

Comparison Table

Statutory reporting software is essential for meeting regulatory requirements, and selecting the right tool demands a clear understanding of its capabilities. This comparison table examines key features, usability, and integration strengths of leading solutions like Workiva, CCH Tagetik, OneStream, Oracle Financial Consolidation and Close, SAP Group Reporting, and more, enabling readers to identify the best fit for their organizational needs.

1Workiva logo9.4/10

Cloud-based platform for regulated financial reporting, compliance, and statutory filings like SEC reports.

Features
9.7/10
Ease
8.5/10
Value
8.8/10

Unified corporate performance management solution for financial consolidation, statutory reporting, and regulatory compliance.

Features
9.4/10
Ease
7.6/10
Value
8.2/10
3OneStream logo9.2/10

Intelligent finance platform providing statutory consolidation, reporting, and close management in a single solution.

Features
9.6/10
Ease
8.1/10
Value
8.7/10

Cloud service for global financial consolidation, account reconciliation, and statutory reporting.

Features
9.3/10
Ease
7.4/10
Value
8.1/10

Real-time statutory and management consolidation tool integrated with SAP S/4HANA for compliant financial reporting.

Features
9.2/10
Ease
7.4/10
Value
8.1/10

Automates financial disclosure management, close processes, and statutory reporting for complex organizations.

Features
8.7/10
Ease
7.9/10
Value
7.4/10
7LucaNet logo8.1/10

Specialized software for financial consolidation, group reporting, and statutory accounts preparation.

Features
8.3/10
Ease
9.0/10
Value
7.7/10
8BlackLine logo8.4/10

Financial close automation platform with reconciliation, task management, and statutory reporting features.

Features
9.1/10
Ease
7.6/10
Value
7.9/10
9Vena logo8.1/10

Excel-integrated platform for FP&A, consolidation, budgeting, and statutory financial reporting.

Features
8.4/10
Ease
8.2/10
Value
7.7/10
10Planful logo7.8/10

Continuous planning platform supporting financial consolidation, reporting, and statutory compliance.

Features
8.2/10
Ease
7.4/10
Value
7.5/10
1
Workiva logo

Workiva

enterprise

Cloud-based platform for regulated financial reporting, compliance, and statutory filings like SEC reports.

Overall Rating9.4/10
Features
9.7/10
Ease of Use
8.5/10
Value
8.8/10
Standout Feature

Patented linked data model that dynamically updates interconnected reports from a single data source

Workiva is a cloud-based platform specializing in connected financial reporting, compliance, and data management, with robust tools for statutory reporting including XBRL/iXBRL tagging, ESEF compliance, and automated filings. It integrates data from ERPs, spreadsheets, and databases into a single source of truth, enabling real-time collaboration, version control, and audit trails. Ideal for complex regulatory environments, it supports global standards and reduces manual effort in preparing annual reports, 10-Ks, and other statutory disclosures.

Pros

  • Unified data linking ensures changes propagate across all reports automatically, minimizing errors
  • Comprehensive compliance support for global statutory standards like SEC, ESEF, and iXBRL
  • Real-time collaboration and strong governance controls with full audit trails

Cons

  • Steep learning curve for new users due to advanced functionality
  • Enterprise-level pricing can be prohibitive for smaller organizations
  • Customization may require professional services for optimal setup

Best For

Large enterprises and public companies with complex, multi-jurisdictional statutory reporting requirements.

Pricing

Custom enterprise subscription pricing based on users, modules, and usage; typically starts at $50,000+ annually with quotes required.

Visit Workivaworkiva.com
2
CCH Tagetik logo

CCH Tagetik

enterprise

Unified corporate performance management solution for financial consolidation, statutory reporting, and regulatory compliance.

Overall Rating8.9/10
Features
9.4/10
Ease of Use
7.6/10
Value
8.2/10
Standout Feature

Unified platform for simultaneous statutory and management reporting with embedded multi-GAAP engine

CCH Tagetik is a unified Corporate Performance Management (CPM) platform from Wolters Kluwer, specializing in financial consolidation, statutory reporting, and close processes for multinational enterprises. It automates complex multi-GAAP compliance, intercompany eliminations, and regulatory filings like IFRS and local GAAP standards. The software provides a single source of truth with real-time analytics and seamless ERP integrations, ensuring accuracy and efficiency in statutory reporting workflows.

Pros

  • Robust multi-GAAP statutory consolidation and automated reporting
  • Deep Excel integration for familiar user experience
  • Scalable for large enterprises with strong audit trails and compliance tools

Cons

  • Steep learning curve and complex initial setup
  • High implementation costs and long deployment times
  • Pricing is premium and customized, less accessible for SMBs

Best For

Large multinational corporations with complex statutory reporting needs across multiple jurisdictions and GAAP standards.

Pricing

Enterprise-level custom pricing; typically starts at $100,000+ annually based on users, modules, and deployment scale—contact sales for quotes.

3
OneStream logo

OneStream

enterprise

Intelligent finance platform providing statutory consolidation, reporting, and close management in a single solution.

Overall Rating9.2/10
Features
9.6/10
Ease of Use
8.1/10
Value
8.7/10
Standout Feature

Solution Studio for no-code extensibility, enabling tailored statutory reporting apps and automations unique to complex compliance needs

OneStream is a unified Corporate Performance Management (CPM) platform that streamlines financial close, consolidation, planning, and reporting processes. For statutory reporting, it excels in multi-GAAP/IFRS compliance, automated disclosures, and regulatory filings across global entities with features like parallel ledgers and embedded XBRL tagging. Its extensible architecture supports complex, jurisdiction-specific requirements while maintaining a single source of truth for accurate, auditable reports.

Pros

  • Robust multi-GAAP statutory consolidation and reporting with built-in compliance tools
  • Extensible platform via Solution Studio for custom statutory workflows
  • Integrated financial close and reconciliation reduces manual errors

Cons

  • Steep learning curve for non-expert users
  • High implementation complexity and time for large deployments
  • Premium pricing may not suit smaller firms

Best For

Large multinational enterprises needing integrated, compliant statutory reporting across diverse regulations and entities.

Pricing

Custom quote-based enterprise licensing; annual subscriptions typically start at $150,000+ based on modules, users, and scale.

Visit OneStreamonestream.com
4
Oracle Financial Consolidation and Close logo

Oracle Financial Consolidation and Close

enterprise

Cloud service for global financial consolidation, account reconciliation, and statutory reporting.

Overall Rating8.6/10
Features
9.3/10
Ease of Use
7.4/10
Value
8.1/10
Standout Feature

Advanced Ownership Management for handling complex equity pickups and minority interests in statutory consolidations

Oracle Financial Consolidation and Close (FCC) is a cloud-native solution within the Oracle EPM suite that automates financial consolidation, close management, and reporting processes. It excels in statutory reporting by supporting multi-GAAP compliance, currency translations, intercompany eliminations, and ownership management across global entities. FCC provides audit-ready reports, workflow automation, and integration with Oracle ERP systems to ensure regulatory adherence in over 190 countries.

Pros

  • Powerful consolidation engine with multi-GAAP and statutory support
  • Scalable for complex, multi-entity global operations
  • Strong integration with Oracle Cloud ERP and EPM tools

Cons

  • Steep learning curve and complex setup
  • High cost for implementation and licensing
  • Less intuitive for non-Oracle ecosystem users

Best For

Large multinational enterprises requiring robust, compliant statutory consolidations and close processes across diverse jurisdictions.

Pricing

Subscription-based enterprise pricing; custom quotes typically start at $100K+ annually depending on users, modules, and deployment size.

5
SAP Group Reporting logo

SAP Group Reporting

enterprise

Real-time statutory and management consolidation tool integrated with SAP S/4HANA for compliant financial reporting.

Overall Rating8.7/10
Features
9.2/10
Ease of Use
7.4/10
Value
8.1/10
Standout Feature

Parallel ledger accounting that simultaneously handles multiple statutory and management reporting standards in real-time

SAP Group Reporting is a powerful financial consolidation and group reporting solution tailored for multinational enterprises. It automates the consolidation of financial statements from diverse subsidiaries, supports multiple statutory standards like IFRS, US-GAAP, and local GAAPs, and delivers compliant statutory reports with drill-down capabilities. Integrated with SAP S/4HANA, it enables real-time group closing and analytics while ensuring regulatory compliance across jurisdictions.

Pros

  • Comprehensive multi-GAAP and multi-currency support for global statutory compliance
  • Seamless integration with SAP S/4HANA for real-time consolidation
  • Advanced automation of intercompany eliminations and validations

Cons

  • Steep learning curve and complex setup requiring specialized expertise
  • High implementation costs and long deployment timelines
  • Limited flexibility for non-SAP environments

Best For

Multinational corporations with complex group structures and heavy reliance on SAP's ecosystem for statutory financial reporting.

Pricing

Enterprise subscription pricing, typically starting at $150,000+ annually based on user count, modules, and deployment; custom quotes required.

6
Insightsoftware Certent logo

Insightsoftware Certent

enterprise

Automates financial disclosure management, close processes, and statutory reporting for complex organizations.

Overall Rating8.2/10
Features
8.7/10
Ease of Use
7.9/10
Value
7.4/10
Standout Feature

Excel-based authoring with embedded XBRL tagging, allowing seamless creation of compliant statutory reports without leaving familiar spreadsheets

Insightsoftware Certent, particularly its Disclosure Management solution, is a robust platform for automating statutory and regulatory financial reporting, enabling teams to create compliant annual reports, 10-Ks, and IFRS filings. It leverages an Excel-native interface for authoring complex narratives and financial tables with automated XBRL/iXBRL tagging and validation. The software integrates seamlessly with ERP systems like SAP and Oracle, providing end-to-end workflow management, collaboration, and audit trails to ensure accuracy and compliance.

Pros

  • Excel-native authoring accelerates report creation for finance professionals familiar with spreadsheets
  • Comprehensive XBRL/iXBRL tagging and validation ensures statutory compliance across global standards
  • Powerful workflow and collaboration tools with real-time approvals and version control

Cons

  • Enterprise-level pricing may be prohibitive for smaller organizations
  • Initial setup and integration require significant configuration time
  • Advanced features demand a learning curve beyond basic Excel skills

Best For

Mid-to-large enterprises with complex statutory reporting needs in regulated industries like finance and manufacturing.

Pricing

Quote-based enterprise pricing, typically starting at $50,000+ annually based on users, modules, and integrations.

7
LucaNet logo

LucaNet

specialized

Specialized software for financial consolidation, group reporting, and statutory accounts preparation.

Overall Rating8.1/10
Features
8.3/10
Ease of Use
9.0/10
Value
7.7/10
Standout Feature

Semantic financial model that allows non-technical users to build complex statutory reports via natural language-like navigation

LucaNet is a comprehensive financial consolidation and reporting software designed for mid-sized enterprises, automating statutory reporting, group consolidation, and financial close processes. It supports multiple GAAPs including IFRS, US-GAAP, and local standards like HGB, streamlining data integration from ERP systems and Excel. The platform emphasizes user-friendly workflows with semantic models for flexible reporting without extensive IT involvement.

Pros

  • Highly intuitive interface with drag-and-drop reporting
  • Seamless Excel integration for familiar workflows
  • Strong multi-GAAP support for statutory compliance

Cons

  • Pricing is quote-based and can be high for smaller teams
  • Scalability challenges for very large multinational groups
  • Limited built-in advanced analytics compared to enterprise rivals

Best For

Mid-sized European companies needing efficient, Excel-friendly statutory reporting and consolidation without heavy customization.

Pricing

Quote-based subscription starting around €25,000 annually, scaling with users, modules, and company size.

Visit LucaNetlucanet.com
8
BlackLine logo

BlackLine

enterprise

Financial close automation platform with reconciliation, task management, and statutory reporting features.

Overall Rating8.4/10
Features
9.1/10
Ease of Use
7.6/10
Value
7.9/10
Standout Feature

Intelligent Task Management that automates workflows across the entire financial close, including statutory consolidation deadlines

BlackLine is a cloud-based financial close automation platform that streamlines account reconciliations, journal entries, task management, consolidations, and reporting processes. For statutory reporting, it provides robust tools for multi-entity consolidations, compliance controls, and narrative reporting to meet regulatory requirements like GAAP and IFRS. The platform emphasizes accuracy, audit trails, and real-time visibility, reducing close cycle times for finance teams.

Pros

  • Powerful automation for reconciliations and consolidations minimizes errors
  • Strong compliance features with detailed audit trails for statutory adherence
  • Scalable integrations with ERPs like SAP and Oracle

Cons

  • High implementation time and complexity for setup
  • Premium pricing may not suit smaller organizations
  • User interface can feel overwhelming for new users

Best For

Mid-to-large enterprises with complex, multi-entity financial closes needing integrated statutory reporting and compliance.

Pricing

Custom enterprise subscription pricing, typically $30,000+ annually for base modules, scaling with users and add-ons.

Visit BlackLineblackline.com
9
Vena logo

Vena

enterprise

Excel-integrated platform for FP&A, consolidation, budgeting, and statutory financial reporting.

Overall Rating8.1/10
Features
8.4/10
Ease of Use
8.2/10
Value
7.7/10
Standout Feature

Native Excel platform for building and automating statutory reports without leaving spreadsheets

Vena Solutions is a cloud-based FP&A platform with strong statutory reporting capabilities, enabling financial close automation, multi-entity consolidation, and compliant reporting for GAAP and IFRS standards. It leverages a native Excel interface to streamline data collection, reconciliation, and disclosure management for statutory filings. Designed for finance teams, Vena integrates with ERPs like NetSuite and SAP, providing scalable tools for complex regulatory requirements.

Pros

  • Seamless native Excel integration for familiar workflows
  • Robust multi-entity consolidation and compliance automation
  • Comprehensive FP&A suite extending beyond statutory reporting

Cons

  • Enterprise-level pricing may deter smaller firms
  • Requires Excel expertise and initial setup customization
  • Less specialized than dedicated statutory tools for niche regulations

Best For

Mid-to-large enterprises with Excel-savvy finance teams needing integrated FP&A and statutory reporting.

Pricing

Quote-based enterprise pricing, typically starting at $100,000+ annually depending on users and modules.

Visit Venavenasolutions.com
10
Planful logo

Planful

enterprise

Continuous planning platform supporting financial consolidation, reporting, and statutory compliance.

Overall Rating7.8/10
Features
8.2/10
Ease of Use
7.4/10
Value
7.5/10
Standout Feature

AI-powered Continuous Close for real-time statutory adjustments and intercompany matching

Planful is a cloud-based Financial Performance Platform that supports statutory reporting through its Consolidation module, automating financial close processes, multi-entity consolidations, and compliant reporting for standards like GAAP and IFRS. It integrates planning, budgeting, and reporting into a unified system, enabling accurate statutory filings with audit trails and real-time data. While versatile for FP&A needs, its statutory capabilities shine in handling complex intercompany transactions and currency translations for global enterprises.

Pros

  • Robust automation for consolidations and intercompany eliminations
  • Seamless ERP integrations (e.g., SAP, Oracle)
  • Scalable for multi-entity global operations with strong compliance tools

Cons

  • Steeper learning curve for non-FP&A users focused solely on statutory reporting
  • Higher cost structure suited more for enterprises than SMBs
  • Less specialized in pure statutory filing workflows compared to dedicated tools

Best For

Mid-to-large enterprises needing integrated FP&A with reliable statutory consolidation and reporting.

Pricing

Custom enterprise pricing; typically starts at $100,000+ annually based on modules, users, and entities.

Visit Planfulplanful.com

Conclusion

The reviewed tools provide powerful support for statutory reporting, with Workiva emerging as the top choice for its robust cloud-based compliance and financial filing capabilities. CCH Tagetik and OneStream shine as strong alternatives, offering unified performance management and intelligent consolidation respectively, catering to distinct organizational needs. Each solution brings unique value, ensuring a fit for diverse reporting requirements.

Workiva logo
Our Top Pick
Workiva

Take the first step in optimizing your statutory reporting—explore Workiva, the top-ranked tool, and unlock streamlined processes and reliable compliance support for your organization.