FinancialForce recently announced it has been named a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Midmarket Finance and Accounting Applications 2020 Vendor Assessment. The report cites the vendor for giving “users the opportunity to dive deeper into their business data with the introduction of business analytics and financial reporting powered by Salesforce.com’s Einstein artificial intelligence solution.”
FinancialForce was founded in 2009 and headquartered in San Francisco. Today, FinancialForce is the leading cloud-based ERP for the new services economy. The number one ERP native to the Salesforce platform, FinancialForce unifies data across the enterprise in real-time, enabling companies to rapidly evolve their business models with customers at the center.
FinancialForce was recognized for its tight integration with Salesforce and for its financial analytics and reporting features. The report also alluded to upcoming roadmap enhancements, some of which FinancialForce introduced in its Spring 2020 Release. The new release includes features to help customers better access key metrics, drive decisions, and support success amid a rapidly changing business climate. Key enhancements include greater localization such as easily tailored language packs and improved currency management translation, increased APIs for connection to third-party products, and new solutions designed to accelerate business value across the entire customer lifecycle experience.
“Midmarket CFOs are becoming much more strategic, and the IDC MarketScape report offers valuable guidance on how financial applications are advancing to help these CFOs anticipate market dynamics and forecast outcomes,” says Dan Brown, Chief Product and Strategy Officer at FinancialForce. “This validation of our leadership in finance and accounting underscores our ability to help businesses streamline, simplify, and automate financial operations, while giving them the agility to remain resilient in changing conditions and position their business for future growth.”
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