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April 26, 2015 10:49 PM ET

Internet Software and Services

Company Overview of FinancialForce.com, inc.

Company Overview

FinancialForce.com, inc. provides cloud enterprise resource planning (ERP) solutions on the Salesforce1 platform. It offers financial management solutions, including accounting, revenue recognition, spend management, and fixed asset solutions; ordering and billing solutions, such as configure/price/quote advanced quoting, contract management and recurring billing, billing, and media billing solutions; and supply chain management solutions, including order fulfillment, configure price quote, contract management, inventory management, and supplier management solutions. The company also provides professional services automation solutions, such as cloud professional services automation, resource...

595 Market Street

Suite 2700

San Francisco, CA 94105

United States

Founded in 2009

Phone:

866-743-2220

Key Executives for FinancialForce.com, inc.

Chief Executive Officer, President and Director
Age: 49
Chief Financial Officer
Vice President and General Counsel
Age: 52
General Manager of Human Capital Management (HCM) Applications
Vice President of Global Alliances and Business Development
Compensation as of Fiscal Year 2014.

FinancialForce.com, inc. Key Developments

Pactera Implements FinancialForce Professional Services Automation

FinancialForce.com announced that Pactera has implemented FinancialForce Professional Services Automation (PSA) for 1,100 users globally to better serve customers and deliver results in an increasingly demanding market. The company selected FinancialForce PSA to more effectively manage the opportunity to cash cycle and eliminate inconsistencies experienced when using solutions spread across multiple platforms. Prior to selecting FinancialForce PSA, Pactera used NetSuite OpenAir for project accounting and management but found its disconnection to CRM and other solutions to be inflexible and prone to errors, especially when running engagement profitability reports and executing effective resource management. Previously, Pactera's CRM and PSA applications were spread out across different platforms, resulting in poorly connected project accounting and timesheet data and internal report discrepancies. These issues often forced the company to manually maintain information, costing employees valuable time that should have been focused on clients. In order to resolve these frustrations and create a more flexible system where all client information was interconnected, Pactera completed a successful roll out of Salesforce CRM across the organization worldwide and implemented FinancialForce PSA to build a unified platform for project accounting. Like all FinancialForce ERP solutions, FinancialForce PSA is natively built on the Salesforce1 Platform. The application deeply connects with Salesforce CRM to provide users with comprehensive insight into its customers and across the entire organization. Now that Pactera's CRM and PSA applications work together, seamlessly on the Salesforce1 Platform, the company's client, project and employee data will speak to each other, improving resource utilization and reducing time spent on reconciling discrepancies.

Global Red Selects FinancialForce.com's ERP to Replace Legacy Systems and Support Scalability

FinancialForce.com announced that Global Red has selected FinancialForce ERP solutions -- FinancialForce Financial Management and Professional Services Automation to replace a number of disconnected legacy systems and update important business processes during a key growth stage for the company. The selection news follows FinancialForce.com's official announcement that it's expanding operations globally to Australia and New Zealand through a new, fully supported office in Sydney. With over 16 years of experience and more than 80 experts working to deliver marketing solutions across digital media, engagement, data insights and customer loyalty in the Asia Pacific region, Global Red is seeing a period of significant growth. In line with the marketing and data services provided to clients, Global Red determined that real-time insight into financial data was essential to its success. Global Red found FinancialForce ERP solutions via thorough research and RFP's to major solution providers. It selected FinancialForce PSA and FinancialForce Financial Management due to its deep relationship with Salesforce1 Platform, single platform and scalability. The company will be using the solutions across all geographical regions and departments.

FinancialForce.com Expands Operations in Australia and New Zealand

FinancialForce.com announced that it is expanding operations in Australia and New Zealand. The company has added support and sales staff as demand for cloud applications continues to rise in the region. As part of its global growth strategy, FinancialForce.com plans to work closely with Salesforce to cultivate the region's growing interest in aligning ERP to Salesforce's Customer Success Platform, and to deepen relationships with systems integrators and ISVs to build on the significant momentum in cloud adoption. FinancialForce.com has already added several Australian and New Zealand customers including Global Red, ChemDry, Harmoney and MailGuard. With its new office in Sydney, FinancialForce.com plans to provide local customers with 24/7 support, in addition to FinancialForce Community, the company's virtual community site for customers around the world. Additionally, FinancialForce.com has signed Pactera Technologies as an implementation partner serving mid-market and enterprise customers in North America and Asia Pacific.

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