The features and benefits of FinancialForce Accounting
Enterprise-level accounting software – as a service
FinancialForce Accounting is being developed to offer all the advantages of CODA’s original on-premise accounting software expertise and capitalize on functioning as an integral part of the Salesforce CRM application.
It will bring you award-winning on-premise accounting features, such as:
- Multi-everything accounting – for organizations of any size; anywhere.
- Built on a unified ledger – for optimum efficiency, consistency and accuracy.
- The most flexible chart of accounts on the market – enabling you to easily analyse costs and revenues across many different dimensions.
- Sophisticated tools to meet even the most complex accounting requirements – for example, highly flexible and configurable revenue recognition scheduling capabilities.
Better still, you can choose between the full accounting solution or specific applications for individual users (e.g. FinancialForce Billing), and they are all designed for easy integration to link into other line-of-business applications or to supplement an existing financial or ERP system.
Click on any of the features below, to find out more about how FinancialForce Accounting could benefit your organization.
- Proven single, unified ledger design
- A scaleable solution built on a scaleable platform
- A “pay-as-you-go” on-demand application
- Powerful, familiar Salesforce tools and functions
- Built into Salesforce CRM – not just integrated with it
- Integrated or stand-alone accounting
- Easier web-based integration with other tools and applications
Up-to-the-minute accounting.
Thanks to its proven single-ledger design by CODA, FinancialForce Accounting is always in balance – providing real-time financial management. Unlike modular applications (that separate the sales ledger, payables ledger and general ledger and rely on batch updating), you can be sure that you are looking at an up-to-the-minute position – not just up to when the last batch update was done.
A scaleable solution built on a scaleable platform
FinancialForce Accounting is built for growth. Not only does the Force.com Cloud Computing platform provide proven scaleability in terms of transaction volumes and user numbers but FinancialForce Accounting will also handle the more complex requirements of a business as it expands into new markets, opens new locations, acquires other companies and trades publicly.
Predictable, affordable and low risk
Because FinancialForce Accounting is a cloud computing application, there are no infrastructure and maintenance fees to worry about. Customers just pay a regular, predictable, subscription-based license fee.
As well as affordability, being cloud-based means that our applications reduce risk and speed up the return on investment. They offer rapid implementation and flexible deployment – anywhere; for organizations of all types and sizes – with the added benefits of sharing an unrivalled stable, secure and proven platform: Force.com.
Easy to adopt and to use
Our applications are easy to understand and use. They also incorporate familiar Salesforce CRM features, such as the report writer, workflow rules, authorization flows, calendar-based events, reminders and follow-ups; all of which can be used with FinancialForce Accounting data in exactly the same way as they are used for CRM.
Smarter “joined-up” working
Because FinancialForce Accounting and the Salesforce CRM co-exist on a single platform (Force.com), you gain a true 360° view of your customers from a single screen. This enables:
- fully integrated working between your customer-focused teams and essential back-office functions such as accounting and purchasing
- seamless business process support across departments
- instant access to accurate, up-to-the minute customer and financial information, without rekeying.
Adapting to your needs
FinancialForce Accounting offers complete flexibility to implement it in the way that best meets your particular requirements, whether you need:
- an application that is pre-integrated with Salesforce CRM and/or
- one that easily links into your other key applications or accounting systems or
- a completely stand-alone, best-of-class accounting application.
Opening up the latest tools and services
Salesforce CRM and FinancialForce Accounting offer rapid, web-based integration with other web services, such as Google Docs and mapping applications. Working in the SaaS environment opens up this kind of advanced functionality, which would be very hard to achieve with traditional on-premise applications.
Find out more on developer.FinancialForce.com