Office of the CFO software market outlook: Key drivers shaping Dutch investment opportunities

Published on June 5, 2026

Recent pressure on software valuations – driven in part by investor concerns around AI disruption – has led to more cautious investment behavior and multiple compression across the software industry. The average forward earnings multiple for software companies collapsed from roughly 39x to about 21x in just a few months and the IGV Software Index is already down more than 30 percent from its late-September 2025 peak.

Despite this backdrop, Office of the CFO (OCFO) software remains an attractive area within the broader software landscape, showing greater resiliency compared to the broader SaaS industry. However, capturing its potential requires sharper focus: identifying the right targets demands a nuanced understanding of segment dynamics, and a clear understanding of value creation potential post-acquisition.

OCFO software remains an attractive investment space

The Office of the CFO (OCFO) software market comprises a broad set of solutions…

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