Solver
Solver, founded in 1999, is a global provider of cloud-based corporate performance management (CPM) solutions.
Profile
Provides cloud-based tools for financial planning, budgeting, and reporting.
Solver, founded in 1999, is a global provider of cloud-based corporate performance management (CPM) solutions. The company specializes in delivering financial planning, budgeting, forecasting, and reporting tools designed to streamline business operations and enhance decision-making processes. Solver's flagship product, BI360, integrates seamlessly with major ERP systems like Microsoft Dynamics, SAP, and Oracle, offering a comprehensive suite of analytics and reporting capabilities.
Headquartered in Los Angeles, Solver has expanded its footprint globally, serving over 2,000 customers across various industries. The company has consistently grown its revenue, reaching $100 million in annual revenue by 2025, driven by its focus on mid-market enterprises and its ability to adapt to evolving customer needs. Solver's recent strategic pivot towards AI-driven analytics has positioned it as a competitive player in the CPM space, though this shift has also led to internal restructuring and layoffs, affecting approximately 10% of its workforce in early 2026. Despite these challenges, Solver continues to innovate, leveraging its cloud-first approach and deep ERP integrations to maintain its market position.
Who buys this
- Mid-market enterprises
- Financial departments in large corporations
- ERP system users (Microsoft Dynamics, SAP, Oracle)
- Industries requiring robust financial analytics
Strengths and what to watch
Strengths
- Deep integration with major ERP systems
- Comprehensive suite of financial planning and reporting tools
- Strong focus on mid-market enterprises
Watch for
- Recent layoffs affecting 10% of workforce in 2026
- Increased competition in the AI-driven analytics space
- Dependence on ERP system integrations for growth
Recent moves
Key Information
- Founded
- 1999
- Headquarters
- Los Angeles
Frequently Asked Questions
What does Solver do?
Solver provides cloud-based tools for financial planning, budgeting, and reporting. Founded in 1999, it specializes in corporate performance management solutions, helping businesses streamline operations and enhance decision-making through its flagship product, BI360.
Which ERP systems does Solver integrate with?
Solver's BI360 integrates seamlessly with major ERP systems like Microsoft Dynamics, SAP, and Oracle. This deep integration allows businesses to leverage comprehensive financial analytics and reporting capabilities directly within their existing ERP environments.
Who are Solver's primary customers?
Solver primarily serves mid-market enterprises, financial departments in large corporations, and industries requiring robust financial analytics. Its solutions are tailored for users of ERP systems like Microsoft Dynamics, SAP, and Oracle.
What is Solver's market position in 2026?
By 2026, Solver reached $100 million in annual revenue, focusing on mid-market enterprises and AI-driven analytics. Despite layoffs affecting 10% of its workforce, it maintains a competitive position through its cloud-first approach and deep ERP integrations.
What challenges is Solver facing?
Solver faces challenges including recent layoffs affecting 10% of its workforce in 2026, increased competition in AI-driven analytics, and dependence on ERP system integrations for growth. These factors impact its internal restructuring and market strategy.
What are Solver's strengths?
Solver's strengths include deep integration with major ERP systems, a comprehensive suite of financial planning and reporting tools, and a strong focus on mid-market enterprises. These capabilities enable businesses to enhance decision-making and streamline operations effectively.
Sources
- finance.yahoo.com — Recent layoffs at Solver
- news.crunchbase.com — Tech layoffs in 2026
- intellizence.com — Major layoffs in 2026
- www.barchart.com — Blue-chip companies announcing layoffs in 2026