| Type | Private company |
|---|---|
| Industry | On-demand software |
| Headquarters | San Mateo, California, USA |
| Key people | Jeremy Roche, President & CEO Debbie Ashton, VP, Products Liz Schofield, VP, Marketing Adrian Ivanov, VP, Sales |
| Products | FinancialForce Accounting, Professional Services Automation (PSA), Mobile support |
| Website | www.financialforce.com |
FinancialForce.com is a cloud applications company headquartered in San Mateo, California, that provides business applications for Force.com, a cloud computing platform from salesforce.com. FinancialForce.com supplies Accounting, Billing, Professional Services Automation (PSA) and Services Resource Planning (SRP) applications.
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FinancialForce.com was founded in 2009 with an investment from UNIT4,[1] and salesforce.com. The resulting cloud accounting system was a single-ledger design that enables real-time financial management and is built on salesforce.com's technology platform, Force.com.[2]
The company started by specializing in accounting and billing solutions that are built on the Force.com platform, therefore making them closely coupled with Salesforce CRM applications. In December 2010, FinancialForce purchased Appirio's Professional Services Enterprise (PSE) product, which later was renamed FinancialForce Professional Services Automation.[3]
FinancialForce.com is headquartered in San Mateo, California, with EMEA headquarters in Harrogate, UK (which also covers the Asia Pacific region). Other offices are located in Manchester, NH and Lakewood, CO.
FinancialForce Accounting is a financial management system that runs in the cloud. The product can be used for multi-dimensional analysis and is designed to support companies of all sizes. FinancialForce Accounting Spring '11 was released in June 2011.[4]
Professional services automation software is also a cloud-based services solution that is built on the Force.com platform. It allows companies to manage professional resources, customers, projects and financials in one integrated services management application. Because PSA works natively with Force.com, it utilizes the same data for sales, services and finance on one system.
FinancialForce Services Resource Planning connects Salesforce CRM, FinancialForce Accounting and FinancialForce PSA.[5] It supports professional services organizations in managing sales-based activities, including the hand-off from sales to services, resource management, project & portfolio management, accounting and billing.
FinancialForce supports mobile usage through FinancialForce Mobile, along with the Force.com mobile application platform, supporting BlackBerry, iPhone and iPad.
THINKstrategies, Inc.,[6] the leading strategic consulting company focused on the business implications of the on-demand services market, awarded FinancialForce.com the Best of SaaS Showplace (BoSS) Award.
FinancialForce.com was named in the 2011 Red Herring Top 100 North America,[7] a group of 100 companies judged by the publication to be the most innovative across North America. The company has since been listed in the 2011 Red Herring Global Top 100[8] which identifies the 100 most innovative companies worldwide.