FinancialForce Accounting Review

FinancialForce Accounting OUR SCORE 90%
starting price By quote
our score 90%
free trial
  1. What is FinancialForce Accounting
  2. Product Quality Score
  3. Main Features
  4. List of Benefits
  5. Technical Specifications
  6. Available Integrations
  7. Customer Support
  8. Pricing Plans
  9. Other Popular Software Reviews

What is FinancialForce Accounting?

FinancialForce Accounting for Salesforce is an accounting platform ideal for small and large companies that work in sales- and service-oriented industries. It is a comprehensive, user-friendly solution that aims to streamline businesses’ workflows while lowering their expenses. The platform features the Salesforce Accounting app that takes full advantage of Force.com’s power and flexibility. It provides a complete solution for all your business’s financial transactions. The system is directly integrated with Salesforce CRM, which gives your workforce a higher level of efficiency and consistency. That is because it unifies the employees to work as one team and utilize a single record. FinancialForce Accounting employs a flexible pricing scheme where you get to choose among various financial productivity modules or combine them into one accounting bundle. The price would be dependent on the modules that you have chosen. This ensures that no matter the niche and scale of business you are working on, this platform is for you.

Product Quality Score

Features
9.4
Ease of use
9.1
Customer support
8.8
Value for money
8.7
9
TOTAL SCORE

FinancialForce Accounting features

Main features of FinancialForce Accounting are:

  • General Ledger
  • Profit & Loss Statement
  • Depreciation
  • Business Activity Statements
  • Automated Billing
  • Audit Trail
  • Bank Reconciliation
  • Sales Reports
  • Credit Card Processing
  • Cash Flow Statement
  • VAT
  • Trial Balance
  • Custom Dashboard Reports
  • Purchase Orders
  • Accounts Receivable
  • Balance Sheet
  • Automated Journal Entries
  • Budgeting & Forecasts
  • Automated Transactions
  • 1099 Support
  • Time & Expense Management
  • Invoices
  • Multiple Sales Tax
  • Accounts Payable
  • Billable Hours
  • Check Printing
  • Billing & Invoicing
  • Vertical & Horizontal Analysis
  • Multi-Currency/Int’l
  • Recurring Billing
  • Fixed asset depreciation
  • E-commerce

FinancialForce Accounting Benefits

Benefits

The benefits of FinancialForce Accounting are its effective general ledger, more efficient accounts payable and receivable solution, better cash management and its billing and order management. Here are the details:

Efficient general ledger

The system’s general ledger tool is capable of managing even the most time-consuming and complicated processes. It can automatically handle repeating journal entries as well as reverse them. It can also work with transactions in different currencies. The entire data of your company is filed under a single report.

Streamlined processing of accounts payable and accounts receivable

You can utilize the platform’s ready-made templates and electronic invoicing to aid you in managing financial transactions. Authorization workflow features can also be taken advantage of in order to automate some tasks and pay the vendors either by electronic transfer or by issuing checks. You can also eliminate the need to worry about duplicate invoices being paid by the company since the system will handle the computation of discounts, the setting of due dates, and other financial processes. FinancialForce Accounting enables you to stay on top of things with regards to financial activities by utilizing the system’s reminder and communication functionalities. It can also automatically send messages and financial statements to your customers as well as the members of your sales team.

Optimized cash management

The platform is capable of forecasting currency requirements, which will inform you in advance if bank accounts with different currencies must be prepared. It also allows you to monitor your cash balances straight from your mobile device. Receipts from customers are also recorded in the system, including payments and refunds.

Efficient billing and ordering system

FinancialForce Accounting is capable of creating orders either individually or in batches for your different sales opportunities with just a single click. Invoices can also be automatically generated when an order gets confirmed. The platform also removes some tedious manual tasks like creating spreadsheet entries thanks to its cloud hosting capabilities.

Customers are also able to manage their billings on their own. They can view invoices from history and print them if they like. The invoice created are accurate as well and is automatically posted to Accounts Receivables.

Technical Specifications

Devices Supported

  • Web-based
  • iOS
  • Android
  • Desktop

Customer types

  • Small business
  • Medium business
  • Enterprise

Customer Support Types

  • Phone
  • Online

FinancialForce Accounting Integrations

The following FinancialForce Accounting integrations are currently offered by the vendor:

  • Salesforce
  • E-commerce
  • Inventory Management
  • Business Intelligence
  • Point of Sale
  • Payroll
  • Supply Chain Management
  • Customer Relationship Management (CRM)

Video

Customer Support

Phone
Online

Pricing Plans

FinancialForce Accounting pricing is available in the following plans:

Free trial
Quote-based
Contact vendor
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