FinancialForce Accounting Pricing, Features, Reviews & Comparison of Alternatives

FinancialForce Accounting Reviews

FinancialForce Accounting

Accounting App for Salesforce

4.0/5 (2 reviews)   Write a review
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FinancialForce Accounting Overview

A cloud accounting application for growing sales and service-oriented companies, FinancialForce Accounting for Salesforce is simple, powerful and flexible

FinancialForce Accounting Category Leaders

Reviews
Integrations
Mobile
Media
Security

#5 in Accounts Payable

View full ranking
50
7
11
9
7
16

#6 in Billing & Invoicing

View full ranking
64
7
16
9
16
16

#9 in Accounting

View full ranking
53
7
13
9
8
16

GetApp’s ranking highlights the top 25 apps in different categories on GetApp. If an app is listed in more than one category, it has the potential to be ranked in each of these categories. The ranking is independent of any commercial campaign an app vendor has with GetApp. The ranking is based on 5 data points, each scored out of 20: reviews, integrations, mobile apps, media presence, and security.

FinancialForce Accounting Screenshots (6)

FinancialForce Accounting screenshot: Complete home page in FinancialForce AccountingFinancialForce Accounting screenshot: Currency revaluationFinancialForce Accounting screenshot: Account Receivable dashboard on iPadFinancialForce Accounting screenshot: Accounting embedded in CRM related lists on iPadFinancialForce Accounting screenshot: Ratio analysis report with embedded ChatterFinancialForce Accounting screenshot: Finance Homepage - See your key metrics

Security and privacy

Encryption

No
Encryption of sensitive data at rest
Yes
HTTPS for all pages

Access control

Yes
Multi-factor authentication options

Data policy

Yes
Data backup in multiple locations/GEO regions
This will ask you to sign in with LinkedIn

Specifications

Intended Users
Large Enterprises, Mid Size Business, Non Profits, Public Administrations, Small Business
Devices Supported
iPhone-iPad, iPhone, iPad, Linux, Mac, Windows, Web-based, Windows Phone, Mobile Web App
Supported Countries
Asia, Australia, Canada, Europe, Latin America, Middle-East and Africa, United Kingdom, United States
Supported Languages
English

FinancialForce Accounting Pricing

Starting from: $750.00/month
Pricing model: Subscription
Free Trial: Available (No Credit Card required)

Small business plans starting at $750/month

Competitors Pricing

e-conomic

Starting from: £12.99/month
Pricing model: Subscription
Free Trial: Available

CenterPoint Accounting

Starting from: $1495.00
Pricing model: One-time License, Subscription
Free Trial: Available (No Credit Card required)

FreshBooks

Starting from: $12.95/month
Pricing model: Freemium, Subscription
Free Trial: Available (No Credit Card required)

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Key Features of FinancialForce Accounting

  • Role and user based dashboards
  • 1-click invoicing from Salesforce
  • Flexible chart of accounts and multi-dimensional analysis
  • Multicompany, multicurrency, global tax, multicultural
  • Personalised custom reporting
  • Real-time accounts payable analysis & reporting
  • No manual re-keying of data
  • 360° view of your customers
  • Streamlined opportunity-to-cash cycle

Benefits

General Ledger – flexible, efficient and always in balance

• Flexible, multidimensional chart of accounts.
• Multicurrency and multicompany transaction handling.
• Transfer costs between companies or business units with an inter company journal.
• Perform accruals with automatic reversing journals.
• Automatic calculation of cumulative, year-to-date budgets for each period.
• User and role based dashboards provide real time visibility.

Accounts Payable – streamlined, controlled invoice-to-pay processing
• Reduce keystrokes with document templates and electronic invoicing.
• Use authorization workflow for automated invoice and expense approvals.
• Set vendor credit limits and credit terms by vendor account.
• Pay vendors by check or electronically.
• Automatically calculate due dates and settlement discounts, based on vendor terms.
• Prevent payment of duplicate invoices.
• Define your own check print formats.

Accounts Receivable – streamlined, seamless opportunity-to-cash processing
• Create invoices from Salesforce opportunities in a single click.
• Set credit terms both globally and by customer account.
• Automatic calculation of due dates and settlement discounts.
• Automatically allocate payments to invoices based on document references and amounts.
• Use tasks as reminders to chase past due accounts.
• Use Chatter to collaborate with sales and service personnel on late payers and customer accounts.
• Send statements and reminder letters by email.
• Use “My Account” a customer self-service billing portal.

Cash Management - optimise your cash flow and working capital
• Easily forecast cash flows and currency needs.
• Set up multiple bank accounts in different currencies.
• Record receipts from your customers and refunds issued.
• Record one-off payments to vendors and refunds to/from vendors.
• Automatically reconcile your bank statements without re-keying.
• Record bank charges and interest shown on your bank statement.

Ordering and Billing – eliminate manual processes and complex integrations! Sales ordering
• Create an order from a Salesforce opportunity, quote or custom object – in a single click.
• Create orders automatically in batch – “no-touch” order processing.
• Generate invoices automatically from approved orders.
• Eliminate manual processing, re-keying errors, spreadsheets and unnecessary databases – do it all in one cloud.
• Get complete visibility of the CRM-to-Accounting cycle.
• Improve order cycle times, cash flow and sales capacity.

Billing
• Raise an invoice directly from any activity in Salesforce CRM (standard or custom objects).
• Create a single invoice with multiple installment payment-due dates.
• Set up recurring invoices for regular bills, such as an annual maintenance agreement invoiced monthly.
• Generate accounting entries for FinancialForce Accounting or your on-premise ERP system.

Alternatives to FinancialForce Accounting

FreshBooks
  • · Online invoicing
  • · Time tracking
  • · Recurring invoices & auto payment
  • · Team timesheets
Visit WebsiteCompare App
FreshBooksFinance & Accounting
e-conomic
  • · General accounting
  • · Accounts receivable and invoicing
  • · Multilingual functionality
  • · Accountant/bookkeeper access
Learn MoreCompare App
e-conomicFinance & Accounting
CenterPoint Accounting
  • · Menu Level Security
  • · Drill Down to Source Entries
  • · Ratios Module
  • · Forms Designer
Learn MoreCompare App
CenterPoint AccountingFinance & Accounting

Videos

FinancialForce Accounting Reviews & Ratings

User ratings

(0)
(2)
(0)
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Rating summary

Overall rating
Ease of use
Value for money
Customer support

Recommendable!

1st of December, 2011

Anonymous
We have been doing for the last 5 months our invoices, collections and the month-end-close with this accounting software and we are pretty happy with everything. It is our first cloud accounting solution and I wouldn´t like to go back to our old system.

Pros: - 360° customer overview - web-based - easy-to-use dashboard - you can set up payment notifications and alerts

Straightforward bookkeeping application

9th of November, 2011

Laura Pyle
FinancialForce Accounting is an easy to use accounting engine which is trouble-free to maintain. The main features are the creation of orders and invoices in only one click, the real time reporting business analysis and the 360º view of the customer. The application reduces the billing and ordering resources and improves the cash flow. The cloud accounting system fulfills the requirements of the even most diverse and complex enterprise.

Pros: Real time reporting of events, 360 degree view of the customer

Cons: Could be a bit quicker when computing

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Frequently used together

FAQs for FinancialForce Accounting

Below are some frequently asked questions for FinancialForce Accounting.

Q. What are the main features of FinancialForce Accounting?

FinancialForce Accounting offers the following features:

  • Role and user based dashboards
  • 1-click invoicing from Salesforce
  • Flexible chart of accounts and multi-dimensional analysis
  • Multicompany, multicurrency, global tax, multicultural
  • Personalised custom reporting
  • Real-time accounts payable analysis & reporting
  • No manual re-keying of data
  • 360° view of your customers
  • Streamlined opportunity-to-cash cycle

Q. How much does FinancialForce Accounting cost?

We have the following pricing information for FinancialForce Accounting:

Starting from: $750.00/month
Pricing model: Subscription
Free Trial: Available (No Credit Card required)

Q. Who are the typical users of FinancialForce Accounting?

FinancialForce Accounting has the following typical customers:

Large Enterprises, Mid Size Business, Non Profits, Public Administrations, Small Business

Q. What languages does FinancialForce Accounting support?

FinancialForce Accounting supports the following languages:

English

Q. What type of pricing plans does FinancialForce Accounting offer?

FinancialForce Accounting has the following pricing plans:

Free Trial, Subscription

Q. Does FinancialForce Accounting support mobile devices?

FinancialForce Accounting supports the following devices:

iPhone-iPad, iPhone, iPad, Windows Phone, Mobile Web App

Q. Does FinancialForce Accounting offer an API?

Yes, FinancialForce Accounting has an API available for use.

Q. What other apps does FinancialForce Accounting integrate with?

FinancialForce Accounting integrates with the following applications:

Clicktools for Salesforce, Salesforce Marketing Cloud, ServiceMax, Jobscience, Xactly Incent, DocuSign, SnapLogic, FinancialForce HCM, Xactly Express, Salesforce.com, FinancialForce PSA, Host Analytics, Coupa, Avalara, Salesforce Work.com, FinancialForce SCM, Salesforce App Cloud, FinancialForce ERP, Salesforce Service Cloud, AscentERP, Wave: Salesforce Analytics Cloud, FinancialForce Billing, FinancialForce Revenue Management, Rootstock ERP

Q. What level of support does FinancialForce Accounting offer?

FinancialForce Accounting offers the following support options:

No information available.


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