The report ranks competitors on their ability to provide forward-looking initiatives using proprietary assets

WASHINGTON, DC – December 20, 2024 – MorganFranklin Consulting, a leading management and technology advisory firm that specializes in solving complex transformational challenges for its clients, has been recognized by Gartner’s Magic Quadrant for Finance Transformation Strategy Consulting. This is MorganFranklin’s first time ranking in the report.

The Gartner Magic Quadrant is a culmination of research in a specific market, giving readers a wide-angle view of the relative positions of a market’s specific competitors. To be included in the report, Gartner evaluates thousands of global organizations to ultimately include fewer than a dozen companies.

Gartner specifically recognized MorganFranklin Consulting among other firms in the top-tier of the consulting industry for the firm’s commitment to investing in training for finance transformation team members and their continued excellence. Gartner also highlighted MorganFranklin’s personalized client experience and tailored approach that effectively address organization-specific challenges and cultural nuances and drive higher rates of change adoption.

Gartner recognized MorganFranklin as a “niche player” in the report, highlighting the firm’s ability to successfully compete with large, globally scaled firms by delivering specialized, tailored solutions with the same level of expertise and impact. This aligns with MorganFranklin’s targeted approach, which has helped clients achieve financial transformation through:

  • Optimizing and automating close and consolidation processes to improve efficiency and accuracy.
  • Simplifying and standardizing transactional processes like procure-to-pay, reducing complexity and costs.
  • Strengthening process governance and financial accountability for enhanced decision-making.
  • Enhancing the functionality of existing ERP systems, enabling businesses to get more from their current investments.

The mandatory features for inclusion in this report include the ability to demonstrate finance acumen via dedicated subject matter experts who have previous experience in the finance field, as well as the ability to define strategies and execution roadmaps across multiple business-aligned, forward-looking initiatives using proprietary assets.

Per Gartner, common features for this market include:

  • Finance-Specific Transformation Trends Education — Highlighting emerging global and industry-specific transformation trends to inform functional strategy development.
  • Current-State “Fact Basing” Capabilities — Identifying current-state performance gaps and associated improvement opportunities through maturity assessments, benchmarks, process-level analyses, and stakeholder feedback.
  • Finance Target Operating Model Design — Defining and describing a desired future state for finance, encompassing desired data, delivery model, process, technology, and people capabilities.
  • Transformation Project Prioritization and Sequencing — Defining and documenting how diverse change initiatives will be prioritized, organized, and managed during transformation project delivery road mapping.

“We are proud to see MorganFranklin recognized in this quadrant alongside globally recognized professional services firms,” said Thomas Roland, Managing Partner at MorganFranklin Consulting. “By partnering with us, clients benefit from a focused and adaptive relationship that accelerates transformation and drives lasting impact within their organizations.”

Download the full Gartner Magic Quadrant for Finance Transformation Strategy Consulting report here. A Gartner login is required to access the report.

About MorganFranklin Consulting

MorganFranklin Consulting is a management advisory firm that works with leading businesses to address critical finance, technology, cybersecurity, and business objectives. The firm’s areas of expertise include on-demand technical accounting, financial reporting, IPO readiness, M&A preparedness and integration, finance transformation, risk advisory, supply chain services, and the implementation of enterprise and cloud applications including NetSuite, SAP, Microsoft ERP, OneStream, and more. MorganFranklin is headquartered in the Washington D.C. area with regional offices in New York, Philadelphia, Atlanta, Raleigh, Charlotte, Nashville, Dallas, Los Angeles, and San Francisco. The firm supports clients across the globe. For more information visit: morganfranklin.com.

Media Contact:
Brittney Kowalski
(603) 504-2024
bkowalski@vaco.com