FinancialForce Financial Management (FM) is a cloud-based system built to provide a complete financial management solution for sales and services-orientated companies of all sizes.

FinancialForce FM has several inherent applications, including general ledger (GL), accounts payable/receivable (AR/AP), billing, revenue recognition, spend management, inventory, fixed assets and financial reporting/analytics.

FinancialForce is built on Salesforce, allowing departments to share one customer record, common workflows/approval processes and reporting tools, rather than having to synchronize transactions across different systems.

The software offers centralized billing capabilities to facilitate accurate invoicing for products/services, subscriptions, contracts and projects. The system allows for automated revenue recognition calculations and postings so users can analyze revenue impact in real-time. FinancialForce provides built-in intercompany reconciliation and automates elimination entries.

Users can access role-based interfaces and analyze data with real-time dashboards.

Dashboard
Dashboard

Dashboard

Accounting Summary

Accounting Summary

Invoicing History Report

Invoicing History Report

Revenue Recognition

Revenue Recognition

Billing Central

Billing Central

Supported Operating System(s):

Web browser (OS agnostic)



33 Reviews of FinancialForce Financial Management

Overall rating

4.0 / 5 stars

Write a review

Showing 1 - 20 of 33 reviews

Start your review of FinancialForce Financial Management

Write a review

chris from ideal

Industry:  Healthcare / Social Services

Number of employees:  11-50 employees

Ease-of-use

Value for money

Customer support

Functionality

August 2018

Over promised software that is incredibly complex to set up

Over complex software supplied by an unhelpful vendor.

Pros

It is highly configurable and provided it meets your requirements and when it is finally configured and set up it works okay.

Cons

It is incredibly complex and entails significant learning and development time to configure it. High on-going costs for maintaining and evolving the product in line with the business, entailing the support of a significant in-house IT team. Not suitable for SMEs and organisations of less than 100 staff or T/O of over $50m. The sales team from Financial Force understated the complexity of set up and learning time and over promised on suitability and functionality. The support team at FF have proven to be unhelpful and difficult and are only interested in selling more consulting time. Issues in integrating with Microsoft.

Review Source

Sundeep from Ernst and Young LLP

Ease-of-use

Value for money

Customer support

Functionality

March 2018

Visually pleasing accounting software

Generating reports for preparing client's financial statements.

Pros

Very good at visually representing the financial position of the business, as well as managing accounts, taxes, and payroll.

Cons

A lot of customization required which can be a steep learning curve and may not meet the needs of the users.

Review Source: Capterra
LinkedIn icon
Verified Reviewer

Number of employees:  201-500 employees

Ease-of-use

Value for money

Customer support

Functionality

March 2018

Robust financial management system

Huge improvement over our previous financial system.

Pros

After the initial setup process (albeit long and tedious), the platform seems to work pretty well. It is well designed and a huge improvement over our previous financial management system and has cut our month-end, year-end, and other periodic closing process times in half.

Cons

The system consistently slows down after a few days/weeks/months. Sometimes this is due to a FinancialForce upgrade, and sometimes it has been due to bad code written for us by our FF consultant. The process for getting these performance degradation resolved can take weeks, wasting dozens of hours of valuable time.

Review Source: Capterra

Christina from INterstates

Ease-of-use

Value for money

Customer support

Functionality

October 2017

This has not been a great experience at all for our company.

Pros

You can configure it and have a lot of options. The full suite is good if you do not need any additional requirements.

Cons

You have to be a programmer to work with it. There is a lot of set up time involved in being able to get it to function for you.

Review Source: Capterra

Lauren from Salesforce

Ease-of-use

Value for money

Customer support

Functionality

June 2017

Great UI, support, and finance/accounting reports.

Pros

I love that the UI is so intuitive and easy to navigate. Their support team is the best and I love the reports that this software is able to produce.

Cons

I wish they had more options for different types of reports. Other than that, I really enjoy using this software!

Review Source: Capterra

Jesus from Caballero portraits

Number of employees:  2-10 employees

Ease-of-use

Value for money

Customer support

Functionality

February 2017

The best solution for knowing the health of your company.

Great user interface, great support, great at doing finance and accounting reports that tell the story of your company financial health. I am a very visual person, and since I don't have a background in finance, its great to have beautiful graphics that convey in a much efficient manner the status of the report.

Pros

Easy to use and amazing graphics.

Review Source: Capterra

Ayushi from Arizona State University

Ease-of-use

Value for money

Customer support

Functionality

February 2017

Recommended cloud accounting system

I have been doing my month-end close reports and other invoicing with this software. This is a really efficient cloud accounting system and I can easily work on my ledger accounts, account payables, and receivables.

Review Source: Capterra

Hyland Software from Hyland Software

Industry:  Software / Technology

Number of employees:  1,001-5,000 employees

Ease-of-use

Customer support

Functionality

January 2017

So far so good

We are implementing this product and whatever I have seen so far it works well

Pros

good user interface, Intuitive to use

Cons

Haven't observed anything bad

Hanumantha from Infosys

Ease-of-use

Value for money

Customer support

Functionality

October 2016

Project management

Easy to configure. It covers all generic features required for project management industry agnostics. Will recommend

Review Source: Capterra

kishore from infosys ltd

Ease-of-use

Value for money

Customer support

Functionality

October 2016

awesome tool

it's really nice product and useful and easy to navigate and report the results. I have recommended for several customers too

Review Source: Capterra

jay from zania

Ease-of-use

Value for money

Customer support

Functionality

October 2016

great products great support incredibly expensive

At some point you will have to decide if the cost is worth the quality. stuff gets done, but you could easily hire several developers to build similar platforms, or integrate with ohers

Review Source: Capterra

raghu from Salesforce

Ease-of-use

Functionality

October 2016

pse package

we a re using pse for our internal projects maintananace, find the package interesting and easy to use but see a lot ofpotential poain points which can be fixed

Review Source: Capterra

Rakesh from Persistent systems

Ease-of-use

Customer support

Functionality

October 2016

Senior salesforce developer

Built on a cloud platform this allows me to manage my accounting in a better way. And the most amazing part is it's available everywhere

Review Source: Capterra

Richard from WFE

Ease-of-use

Value for money

Customer support

Functionality

October 2016

Financial Force

Have been looking for a new accounting system for awhile and Financial Force meets all of our demands, except for payroll which has been impossible to find in a new accounting package

Review Source: Capterra

Kirsten from thinking Capital

Ease-of-use

Value for money

Customer support

Functionality

October 2016

Upgrade not easy

FF is integrate in our Salesforce environment, in general customer service is good, we are just experiencing problems with the upgrade to the latest version at the moment, our platform is highly customized.

Review Source: Capterra

Martin from IBM

Ease-of-use

Value for money

Customer support

Functionality

October 2016

FFA rating

Overall good experience with some bumps. The features are great but the configuration bit complicated

Review Source: Capterra

Marilyn from Tenderloin Housing Clinic

Ease-of-use

Value for money

Customer support

Functionality

October 2016

Financial Force has simplified our Accounting Processes!

As a SF non-profit agency, Financial Force will bring our agency into the future of managing our portfolio of 18 housing sites.

Review Source: Capterra

Swathi from Harvard business school

Ease-of-use

Value for money

Customer support

Functionality

October 2016

very effective app for financial app

very help full app

Review Source: Capterra

supraja from AARP

Ease-of-use

Value for money

Customer support

Functionality

October 2016

Average

It's good overall

Review Source: Capterra

christy from PowerPlan, Inc.

Ease-of-use

Value for money

Customer support

Functionality

October 2016

Financial review

easy to use, found software very intuitive, price point inside needs, integration capable with salesforce

Review Source: Capterra

Displaying 1 - 20 of 33 reviews