Welcome!

News Feed Item

FinancialForce.com Unveils FinancialForce ERP; Announces Record Growth

New family of customer-centric ERP solutions blurs lines between CRM and ERP to eliminate silos, compress processes and enable richer customer engagements

SAN FRANCISCO, Feb. 19, 2014 /PRNewswire/ -- FinancialForce.com, a leading cloud ERP provider on the Salesforce1 Platform, today introduced FinancialForce ERP, a unified family of cloud solutions powering customer-centric businesses. With this announcement, the company unveiled its new tagline, "ERP at Customer Speed," completing a new vision for ERP where businesses are winning and retaining customers by aligning ERP processes around customer touch points – creating a unified, informed view of the customer across the entire organization.

(Logo: http://photos.prnewswire.com/prnh/20140219/NE67570LOGO)

Announced in Q4 FY 2013, the acquisitions of Vana Workforce and Less Software resulted in the addition of FinancialForce Human Capital Management (HCM) and FinancialForce Supply Chain Management (SCM) to the company's product portfolio. Both built entirely on the Salesforce1 Platform, the new applications share the same cloud as FinancialForce Accounting, FinancialForce Professional Services Automation (PSA) and Salesforce CRM, creating seamless visibility from front to back office and a single user experience across the entire enterprise. 

Together, the applications make FinancialForce ERP, a unified family of cloud solutions that power a customer-centric organization's back office needs. Built on the Salesforce1 Platform, FinancialForce ERP connects customers, employees, partners and products into a single system, providing everyone with a consistent view of the entire customer journey. Customers using Salesforce CRM and FinancialForce ERP are able to take advantage of cross-departmental reporting, analytics, workflow and collaborative capabilities including Salesforce1 Chatter.

"Since implementing FinancialForce ERP applications, our business has gone through a transformation to become a proactive and data driven organization where we can make decisions based on accurate and timely information," said Kevin Barth, director of operations at Crown Partners. "Our 2014 forecast shows that we will nearly double our revenue while only increasing our back office resource by around 20 percent. FinancialForce.com has given us the ability to track an opportunity from when it enters our pipeline to collecting cash, something which just wasn't possible with our previous system." 

Today's ERP systems are anti-social and transaction oriented. They lack visibility to the conversations surrounding a customer or transaction. And yet, thoughts, feelings and personal interactions are key to personalizing the customer experience. Embedded on the Salesforce1 Platform, FinancialForce ERP allows contextually relevant conversations to be tracked alongside transactions, accounts, reports or other objects. Conversations traditionally lost in a sea of emails can be attached to any business activity and are now helping to put more context around a cold transaction. As a result, employees better understand the customer and each other. 

In FY 2013, FinancialForce.com grew its revenue run rate by 80 percent year-over-year, touting new customer wins such as Seagate, iSoftStone and Mainline Information Systems. The company reported that its global headcount has grown by 62 percent year-on-year, from 150 employees at the end of FY 2012 to more than 250 at the end of FY 2013. As a result, FinancialForce.com has significantly expanded its San Francisco and U.K. offices to accommodate the rapid growth and has formally opened an office in Toronto, Canada.

"Our rapid growth and acquisitions in 2013 have caught a lot of attention in the software industry," said Jeremy Roche, CEO, FinancialForce.com. "I'm proud to declare that yes, we are onto something here. We are on a mission to end disparate systems and barriers that prevent companies from operating at optimal speed. We are bringing to the forefront FinancialForce ERP to equip our customers with proven solutions that will give them the edge in this new customer-obsessed era."

Unlike legacy ERP systems, FinancialForce ERP is built to adeptly change, upgrade and configure according to businesses' evolving needs. The family of solutions allows companies to adapt and grow their applications without getting locked into old software versions. FinancialForce ClickLink also allows businesses to get started very quickly whether they are using the entire suite of solutions or just one app at a time. To learn more, please visit: www.financialforce.com.

About FinancialForce.com

FinancialForce.com delivers ERP at Customer Speed™.  Built on the Salesforce1 Platform, FinancialForce ERP equips customer-centric businesses with a unified cloud platform and all the applications necessary to grow both the top and bottom line. Our Financial Management, Human Capital Management (HCM), Professional Services Automation (PSA) and Supply Chain Management (SCM) apps allow businesses to increase the speed in which they operate and be more responsive along every touch point of a customer's journey. Founded in 2009 and headquartered in San Francisco, FinancialForce.com is backed by UNIT4 and salesforce.com.

To learn more please follow us on Twitter @FinancialForce, visit our Facebook page or visit: www.financialforce.com

Salesforce, Salesforce1 and others are among the trademarks of salesforce.com.

Media Contacts:

Sandra Lo
Director of Public Relations
(415) 796-8414
[email protected]

Leslie Grant
SHIFT Communications
(415) 591-8454
[email protected]

SOURCE FinancialForce.com

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"At the keynote this morning we spoke about the value proposition of Nutanix, of having a DevOps culture and a mindset, and the business outcomes of achieving agility and scale, which everybody here is trying to accomplish," noted Mark Lavi, DevOps Solution Architect at Nutanix, in this SYS-CON.tv interview at @DevOpsSummit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We're here to tell the world about our cloud-scale infrastructure that we have at Juniper combined with the world-class security that we put into the cloud," explained Lisa Guess, VP of Systems Engineering at Juniper Networks, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
As more and more companies are making the shift from on-premises to public cloud, the standard approach to DevOps is evolving. From encryption, compliance and regulations like GDPR, security in the cloud has become a hot topic. Many DevOps-focused companies have hired dedicated staff to fulfill these requirements, often creating further siloes, complexity and cost. This session aims to highlight existing DevOps cultural approaches, tooling and how security can be wrapped in every facet of the bu...
Historically, some banking activities such as trading have been relying heavily on analytics and cutting edge algorithmic tools. The coming of age of powerful data analytics solutions combined with the development of intelligent algorithms have created new opportunities for financial institutions. In his session at 20th Cloud Expo, Sebastien Meunier, Head of Digital for North America at Chappuis Halder & Co., discussed how these tools can be leveraged to develop a lasting competitive advantage ...
Docker containers have brought great opportunities to shorten the deployment process through continuous integration and the delivery of applications and microservices. This applies equally to enterprise data centers as well as the cloud. In his session at 20th Cloud Expo, Jari Kolehmainen, founder and CTO of Kontena, discussed solutions and benefits of a deeply integrated deployment pipeline using technologies such as container management platforms, Docker containers, and the drone.io Cl tool. H...
In his session at @ThingsExpo, Dr. Robert Cohen, an economist and senior fellow at the Economic Strategy Institute, presented the findings of a series of six detailed case studies of how large corporations are implementing IoT. The session explored how IoT has improved their economic performance, had major impacts on business models and resulted in impressive ROIs. The companies covered span manufacturing and services firms. He also explored servicification, how manufacturing firms shift from se...
Connecting to major cloud service providers is becoming central to doing business. But your cloud provider’s performance is only as good as your connectivity solution. Massive Networks will place you in the driver's seat by exposing how you can extend your LAN from any location to include any cloud platform through an advanced high-performance connection that is secure and dedicated to your business-critical data. In his session at 21st Cloud Expo, Paul Mako, CEO & CIO of Massive Networks, wil...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
The question before companies today is not whether to become intelligent, it’s a question of how and how fast. The key is to adopt and deploy an intelligent application strategy while simultaneously preparing to scale that intelligence. In her session at 21st Cloud Expo, Sangeeta Chakraborty, Chief Customer Officer at Ayasdi, will provide a tactical framework to become a truly intelligent enterprise, including how to identify the right applications for AI, how to build a Center of Excellence to ...
SYS-CON Events announced today that Massive Networks will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Massive Networks mission is simple. To help your business operate seamlessly with fast, reliable, and secure internet and network solutions. Improve your customer's experience with outstanding connections to your cloud.
DevOps is under attack because developers don’t want to mess with infrastructure. They will happily own their code into production, but want to use platforms instead of raw automation. That’s changing the landscape that we understand as DevOps with both architecture concepts (CloudNative) and process redefinition (SRE). Rob Hirschfeld’s recent work in Kubernetes operations has led to the conclusion that containers and related platforms have changed the way we should be thinking about DevOps and...
SYS-CON Events announced today that CAST Software will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CAST was founded more than 25 years ago to make the invisible visible. Built around the idea that even the best analytics on the market still leave blind spots for technical teams looking to deliver better software and prevent outages, CAST provides the software intelligence that matter ...
Given the popularity of the containers, further investment in the telco/cable industry is needed to transition existing VM-based solutions to containerized cloud native deployments. The networking architecture of the solution isolates the network traffic into different network planes (e.g., management, control, and media). This naturally makes support for multiple interfaces in container orchestration engines an indispensable requirement.
Everything run by electricity will eventually be connected to the Internet. Get ahead of the Internet of Things revolution and join Akvelon expert and IoT industry leader, Sergey Grebnov, in his session at @ThingsExpo, for an educational dive into the world of managing your home, workplace and all the devices they contain with the power of machine-based AI and intelligent Bot services for a completely streamlined experience.
Because IoT devices are deployed in mission-critical environments more than ever before, it’s increasingly imperative they be truly smart. IoT sensors simply stockpiling data isn’t useful. IoT must be artificially and naturally intelligent in order to provide more value In his session at @ThingsExpo, John Crupi, Vice President and Engineering System Architect at Greenwave Systems, will discuss how IoT artificial intelligence (AI) can be carried out via edge analytics and machine learning techn...