No. 18 of 29 ·Financial Close Software

Verfi Close

Web · API

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Freedom report

No signalScore 5.1

Free tierNo free tier on record
Open codeNo open-source code on record
Runs widely1 of 6 device platforms
DocumentedThinly documented

Verfi Close is ranked #18 of 29 in financial close software on Freedom251. It runs on API, Web.

Compared on financial close software

Audit trail: Yes
Multi-entity close: Yes
ERP connectivity: native

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The record

Product: Verfi Close automates month-end accruals, reconciliations, variance analysis, and audit trails.
Accruals: It calculates monthly accruals across entities and supports custom fiscal periods and auto-reversals.
Bank reconciliation: It matches bank statements to the general ledger, with statement upload or direct bank feed and an exception queue.
Account reconciliation: It ties balance sheet accounts to supporting schedules and provides roll-forwards and exportable PBC packages.
AI and calculations: Verfi says AI proposes recurring expense rules from history, while subsequent calculations are deterministic and not performed by an LLM.
Review and export: Users can review and adjust proposed entries, export to Excel, or post to Business Central; ERP write-back is opt-in and requires explicit approval.
Integrations: The site names Microsoft Business Central, NetSuite, QuickBooks, SAP, Sage Intacct, and Xero as ERP integrations.
Document intake: Verfi Connect accepts documents through email forwarding, upload, API ingest, and ERP pull, and extracts and matches PDF details.
Security: Verfi says its SOC 2 Type 2 audit is underway and the report is available under NDA.
Data protection: The company says workspace data is partitioned and encrypted in transit and at rest.
Who it serves: The site describes Verfi as an accounting platform for finance teams and shows examples involving real estate operators, accounting firms, and property management firms.
Support: The demo page says Verfi will respond within one business day and lists [email protected] for contact.

Where it ranks on Freedom251

Best Financial Close Software in 2026#18 of 29

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Sources

verfi.com· checked 4 Oct 2026