Top FinancialForce Competitors:
The Best FinancialForce Alternatives for Your Business

FinancialForce is a cloud-based solution that helps businesses manage accounting and finance, offering applications for general ledger, accounts payable/accounts receivable (AP/AR), billing, inventory, expenses and revenue management.

Companies can do more than just core accounting with FinancialForce. It can be used to manage projects, conduct employee performance reviews, forecast revenues and more. This is possible because the solution can combine the financial management application with additional modules. These include human resources and professional services, which make up its cloud enterprise resource planning (ERP) system.

Want to learn more about FinancialForce Cloud ERP? Give us a call at (855) 998-8505.

Key capabilities of FinancialForce’s accounting platform include:

  • Accounting and finance: Helps businesses manage general ledger, AP/AR and financial statements.
  • Revenue management: Assists businesses in creating price quotes and invoices.
  • Spend management: Records purchase history and tracks expenses.
  • Billing central: Tracks subscriptions, contracts and bills.
  • Inventory management: Allows companies to monitor inventory and plan purchases.

FinancialForce is built on the Salesforce App Cloud, which means companies already using Salesforce Cloud applications can expect automatic synchronization of financial records and data between the two systems. Also, as a native Salesforce app, it lays claim to the platform’s enterprise data security and uptime guarantees.

Companies might want to note that Salesforce has received a “Strong” vendor rating by Gartner (content available to Gartner clients). According to Gartner, a Strong vendor is one that “potential customers should consider as a strong choice for new strategic investments.”

As a Salesforce application, FinancialForce offers unique benefits, which are mentioned above. However, that does not necessarily mean FinancialForce is the ideal software for your company. For instance, implementing and upgrading the solution might be a time-intensive process. As one reviewer notes: “Upgrading can be a long process because of the amount of testing you have to do.”

At Software Advice, we want to ensure that you find the solution that best suits your needs. To help you gain a good understanding of different accounting software options available to you, we’re listing five popular alternatives to FinancialForce.

(Click a link below to jump directly to that section.)

Most Asked-About FinancialForce Alternatives

This section includes three alternatives that potential buyers search for alongside FinancialForce most often in online searches.

Note: You can learn more about our Alternatives methodology here.

NetSuite

NetSuite is a cloud-based financial management solution for small and midsize businesses (SMBs). It offers core financial accounting functionality, which includes budget planning, billing management, revenue tracking and reporting.

NetSuite is part of the Oracle Corporation, which means businesses using the platform can benefit from Oracle's enhanced data security measures and support services.

Users on Software Advice like the solution for its ease-of-use and customization options. One reviewer states:

“We love NetSuite for its flexibility, both in terms of the amount of customization you can put into it, and because of the semi-annual automatic updates which add functionality for all users.” —Christopher from ControlChem Canada Ltd.

Here are some key capabilities of NetSuite:

  • Finance and accounting: Helps businesses manage the general ledger, AP/AR, compliance and taxation.
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  • Billing: Manages subscriptions, project budgets and other financial statements.
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  • Revenue management: Tracks business transactions (sale/purchase) and calculates revenue.
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  • Financial planning: Helps with planning the company's finances, which involves creating budgets, forecasting revenue and more.
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  • Financial reporting: Offers reports on organizational expenses and other financial transactions.

Intacct

Intacct is a cloud-based financial software that helps businesses manage core accounting, such as general ledger, AP/AR etc. Additionally, the solution enables organizations to track inventory, cash transactions, purchase orders and more.

Intacct claims to be the preferred financial accounting software of the American Institute of Certified Public Accountants (AICPA). In addition, the solution offers the Intacct Accountants Program—a training module consisting of video tutorials and live online classes, designed to coach CPA professionals on the best practices for accounting and financial management.

Reviewers at Software Advice call Intacct an intuitive accounting solution, and one user writes:

"Very easy to set up, intuitive, decent UI and a good pool of consultants who know the application. Simple to use. Also a very healthy ecosystem of apps and supporting services. Salesforce connects seamlessly. There is a lot you can do, which means there is a lot to learn. There are some reporting features that could be improved." —Harsh from Fidelity Investment

Key applications of Intacct include:

  • General ledger: Tracks business transactions, budgets and financial statements.
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  • Accounts payable: Automates payments; tracks liabilities and budget approvals.
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  • Purchasing: Helps companies monitor and manage purchases.
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  • Order management: Offers reports on orders and inventory.
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  • Accounts receivable: Creates invoices, tracks subscriptions and bills receivable.
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  • Cash management: Tracks cash payments, point-of-sale payments, fund transfers and more.
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  • Reporting and dashboards: Builds reports and presents data on the Intacct Digital Board Book, a centralized cloud dashboard for viewing financial metrics.

In addition, Intacct offers a collaboration tool, which facilitates employee communication and discussion.

QuickBooks Pro

QuickBooks Pro is on-premise accounting software, designed for desktops, with functionalities such as bookkeeping, invoice tracking, billing management, payroll management and more.

The vendor also offers a cloud-based version, QuickBooks Online. It’s a mobile-friendly solution offering integration capabilities with customers’ bank accounts and third-party applications, such as Square, PayPal, AmEx Working Capital, Google Calendar and more.

Companies might want to take note that QuickBooks Pro might not be as user-friendly as its Online version. One reviewer mentions difficulties with setup:

“I use QuickBooks Pro 2016 for my small retail business. I like QuickBooks, but it is NOT user friendly. You need a CPA to help you set up your accounts, and if you are unfamiliar AT ALL with QuickBooks, I suggest you take a class that teaches you what to do before you start using it for a new business. I have been struggling with this program for six months now, ever since I opened my business, and have found out the hard way that I should have gotten help in advance of opening.” —Sally from Ohm Premier Vaping

Here’s an overview of QuickBooks Pro’s applications:

  • Bookkeeping: Manages AP/AR and other financial records.
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  • Billing: Automates billing for customers and captures payment details.
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  • Invoicing: Generates invoices and tracks unpaid or overdue bills with reminders.
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  • Payroll software: Manages salaries, payment reports and tax compliance.

Top User-Rated FinancialForce Alternatives

The two FinancialForce alternatives listed below are rated highly by users on Software Advice.

Adaptive Insights

Adaptive Insights is a cloud-based financial forecasting, budgeting and reporting solution. It helps businesses execute different accounting-related functions, such as budgeting, revenue management, financial modeling, reporting, profitability analysis and more.

Adaptive Insights integrates with other financial systems, ERP software and customer relationship management (CRM) solutions, such as NetSuite, Salesforce and others. This enables organizations to share their financial data between Adaptive Insights and these other systems for further analysis.

Let’s take a look at the key applications offered by Adaptive Insights:

  • Revenue management: Analyzes revenue growth and manages sales plans.
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  • Workforce management: Manages salaries, taxes and workforce budgeting.
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  • Expense management: Tracks an organization’s expenses and controls costs.
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  • Capital management: Builds financial plans and analyzes reports of capital assets.
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  • Balance sheet and cash flow: Manages financial statements with automated data entry.
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  • Financial close: Assigns tasks, creates checklists and monitors audits during the financial close cycle.

Many users rate Adaptive Insights highly on integration capabilities and scalability. One reviewer mentions:

“Adaptive Insights is very scalable and easy to use. Customization is also easy, as is building reports. You can design whatever you imagine and without IT help. The what-if scenarios capability is one of its major strengths.” —Nilesh from New York University School of Engineering

BillQuick

BillQuick is a cloud-based solution that comes with integrated financial accounting and project management functionalities. It enables companies to manage their AP/AR, billing and budgets, as well as track employee work hours and project deadlines.

Because BillQuick combines project management and financial management functionalities, it would be particularly useful to companies looking for an accounting software that also tracks time and helps plan project expenses.

Most users at Software Advice regard BillQuick highly for helping them manage project billing and expenses. One reviewer comments:

“BillQuick handles the day-to-day time tracking, project management and billing tasks. It is an integrated time and expense tracking, project management, billing and accounting solution that is scalable for businesses of all sizes. It helps in expedition of the billing process, and thus leads to a better management of the project and increases the ability to analyze performance.” —Kushagra from Siemens Energy

Here’s a quick summary of BillQuick’s features:

  • Time and expense: Manages employee overtime, compensation and leave time.
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  • Project management: Tracks project budgeting and resource allocation.
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  • Billing and accounts receivable: Records payment history and automates billing.
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  • Accounts payable: Tracks purchases, refunds, fund transfers and other transactions.
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  • Reporting: Creates and shares invoices, bills and other financial reports.
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  • Mobile app: Delivers project details, expenses and more on mobile devices (iPhone, Android or Windows 8 phone).

Next Steps

The alternatives to FinancialForce listed above are intended to help you make an informed decision as you choose an accounting solution. To learn about even more options, call us at (844) 675-2849 and our experts will help you get the right solution for your company.

You can also fill our online questionnaire to let us know what you’re looking for, and we’ll send you customized recommendations.