82 Ratings
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Score 7.8 out of 100
20 Ratings
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Score 8.5 out of 100

Likelihood to Recommend

BusinessObjects SRC (Discontinued)

The system is not always intuitive to a new user. However with some upfront training it is easy to catch on. A lot of the management is left in the hands of the users, in our company that would be finance. To us that is a great benefit, however, that may not work in all situations.
Anonymous | TrustRadius Reviewer

FinancialForce Accounting

For accounting systems, users and/or evaluators often want to see some type of matrix or "heads up" comparisons of specific features and functionality of a system in key areas such as:1) General Ledger2) Order to Cash cycle3) Purchase to Pay cycle4) Cash management5) Inventory and/or Cost Accounting (Projects/Jobs, etc)6) Revenue Recognition7) Fixed Assets management8) Budgets9) Tax10) Reports and AnalysisIt would be great if this kind of matrix existed to be filled in by reviewers so that others could benefit from their perspectives about the applications and how they address or handle the specific features/functionality.With respect to FinancialForce, the company has found that nearly all the key features it needed were available from the application.
Lynne Taylor | TrustRadius Reviewer

Feature Rating Comparison

Budgeting, Planning, and Forecasting

BusinessObjects SRC (Discontinued)
7.8
FinancialForce Accounting
Long-term financial planning
BusinessObjects SRC (Discontinued)
7.0
FinancialForce Accounting
Financial budgeting
BusinessObjects SRC (Discontinued)
9.0
FinancialForce Accounting
Forecasting
BusinessObjects SRC (Discontinued)
8.0
FinancialForce Accounting
Scenario modeling
BusinessObjects SRC (Discontinued)
6.0
FinancialForce Accounting
Management reporting
BusinessObjects SRC (Discontinued)
9.0
FinancialForce Accounting

Consolidation and Close

BusinessObjects SRC (Discontinued)
7.7
FinancialForce Accounting
Financial data consolidation
BusinessObjects SRC (Discontinued)
6.0
FinancialForce Accounting
Journal entries and reports
BusinessObjects SRC (Discontinued)
6.0
FinancialForce Accounting
Multi-currency management
BusinessObjects SRC (Discontinued)
9.0
FinancialForce Accounting
Intercompany Eliminations
BusinessObjects SRC (Discontinued)
8.0
FinancialForce Accounting
Local and consolidated reporting
BusinessObjects SRC (Discontinued)
9.0
FinancialForce Accounting
Detailed Audit Trails
BusinessObjects SRC (Discontinued)
8.0
FinancialForce Accounting

Financial Reporting and Compliance

BusinessObjects SRC (Discontinued)
8.6
FinancialForce Accounting
Financial Statement Reporting
BusinessObjects SRC (Discontinued)
9.0
FinancialForce Accounting
Management Reporting
BusinessObjects SRC (Discontinued)
9.0
FinancialForce Accounting
Excel-based Reporting
BusinessObjects SRC (Discontinued)
9.0
FinancialForce Accounting
Automated board and financial reporting
BusinessObjects SRC (Discontinued)
8.0
FinancialForce Accounting
XBRL support for regulatory filing
BusinessObjects SRC (Discontinued)
8.0
FinancialForce Accounting

Analytics

BusinessObjects SRC (Discontinued)
6.8
FinancialForce Accounting
Personalized dashboards
BusinessObjects SRC (Discontinued)
6.0
FinancialForce Accounting
Color-coded scorecards
BusinessObjects SRC (Discontinued)
8.0
FinancialForce Accounting
KPIs
BusinessObjects SRC (Discontinued)
8.0
FinancialForce Accounting
Cost and profitability analysis
BusinessObjects SRC (Discontinued)
8.0
FinancialForce Accounting
Key Performance Indicator setting
BusinessObjects SRC (Discontinued)
8.0
FinancialForce Accounting
Benchmarking with external data
BusinessObjects SRC (Discontinued)
3.0
FinancialForce Accounting

Integration

BusinessObjects SRC (Discontinued)
9.0
FinancialForce Accounting
Flat file integration
BusinessObjects SRC (Discontinued)
9.0
FinancialForce Accounting
Excel data integration
BusinessObjects SRC (Discontinued)
9.0
FinancialForce Accounting
Direct links to 3rd-party data sources
BusinessObjects SRC (Discontinued)
9.0
FinancialForce Accounting

Payroll Management

BusinessObjects SRC (Discontinued)
FinancialForce Accounting
8.4
Pay calculation
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
8.5
Benefit plan administration
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
8.0
Direct deposit files
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
9.0
Salary revision and increment management
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
8.5
Reimbursement management
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
8.0

Customization

BusinessObjects SRC (Discontinued)
FinancialForce Accounting
8.0
API for custom integration
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
8.0
Plug-ins
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
8.0

Security

BusinessObjects SRC (Discontinued)
FinancialForce Accounting
9.2
Single sign-on capability
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
10.0
Role-based user permissions
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
8.5

Reporting & Analytics

BusinessObjects SRC (Discontinued)
FinancialForce Accounting
7.0
Dashboards
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
7.0
Standard reports
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
5.5
Custom reports
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
8.5

General Ledger and Configurable Accounting

BusinessObjects SRC (Discontinued)
FinancialForce Accounting
7.8
Accounts payable
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
8.0
Accounts receivable
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
7.1
Cash management
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
8.0
Bank reconciliation
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
8.3
Expense management
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
9.0
Time tracking
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
7.0
Fixed asset management
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
7.0
Multi-currency support
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
10.0
Multi-division support
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
6.0
Regulations compliance
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
8.5
Electronic tax filing
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
9.0
Self-service portal
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
10.0
Global Financial Support
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
8.0
Primary and Secondary Ledgers
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
7.0
Intercompany Accounting
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
5.0
Journals and Reconciliations
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
6.3
Enterprise Accounting
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
7.5
Configurable Accounting
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
7.4
Centralized Rules Framework
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
9.0
Standardized Processes
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
8.1

Inventory Management

BusinessObjects SRC (Discontinued)
FinancialForce Accounting
10.0
Inventory tracking
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
10.0
Automatic reordering
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
10.0
Location management
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
10.0
Manufacturing module
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
10.0

Order Management

BusinessObjects SRC (Discontinued)
FinancialForce Accounting
8.1
Pricing
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
8.0
Order entry
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
8.0
Credit card processing
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
8.5
Cost of goods sold
BusinessObjects SRC (Discontinued)
FinancialForce Accounting
8.0

Pros

BusinessObjects SRC (Discontinued)

  • Dynamic reporting and consolidation of information from disconnected sources
  • Adaptability to needs of shifting business initiatives
Daniel Guzman | TrustRadius Reviewer

FinancialForce Accounting

  • User interface is more modern and user-friendly than other software
  • Dashboards allow for good visual interpretation
  • Reports are able to be customized to better fit users' needs
Anonymous | TrustRadius Reviewer

Cons

BusinessObjects SRC (Discontinued)

  • SRC had a delay in information until the month's operations officially closed and the data was fed into the system. Other products that I have used allow you to see activity throughout the month. Knowing that it isn’t final, you can still get a sense of how revenues/expenses are stacking up for the month, etc. In addition, other operational metrics, like Average Daily Census, Admissions, etc. should be able to be tracked daily, rather than having to wait until the month is over.
AJ Senff | TrustRadius Reviewer

FinancialForce Accounting

  • Since SalesForce was not made with accounting in mind, building FinancialForce as a module on top of SalesForce gives problems because the overarching architect of SalesForce cannot facilitate all the accounting requirements.
  • The FinancialForce integration team was not very good, and did not help us set up our FinancialForce very well. Their customer support is also lacking and takes a long time to respond and troubleshoot our problems.
  • FinancialForce doesn't actually build financial statement reports. We were only able to run a trial balance, and we had to build the statements ourselves in Excel.
Anonymous | TrustRadius Reviewer

Likelihood to Renew

BusinessObjects SRC (Discontinued)

BusinessObjects SRC (Discontinued) 7.8
Based on 2 answers
Looking for some alternatives, which are less expensive.
Anonymous | TrustRadius Reviewer

FinancialForce Accounting

FinancialForce Accounting 10.0
Based on 1 answer
The company has now converted its legacy, "home grown" operations system and built it on the force.com platform, and the integration between it and FinancialForce is deeply entrenched. No other application would be able to replicate this functionality, and the company will be able to scale and leverage the force.com platform as it grows.
Lynne Taylor | TrustRadius Reviewer

Usability

BusinessObjects SRC (Discontinued)

BusinessObjects SRC (Discontinued) 9.0
Based on 1 answer
I could train users to use the Business Warehouse within an hour or two. Also very easy to create reports and send web links to view the report. Exporting to Excel/Word/etc. was very simple and had good formatting.
AJ Senff | TrustRadius Reviewer

FinancialForce Accounting

FinancialForce Accounting 10.0
Based on 1 answer
Change management is always an issue, but the evidence of the application's usability is that both long-time employees (used to the legacy systems for many years) and newer employees have been able to learn the system and improve their business processes.
Lynne Taylor | TrustRadius Reviewer

Reliability and Availability

BusinessObjects SRC (Discontinued)

BusinessObjects SRC (Discontinued) 9.0
Based on 1 answer
No answer on this topic is available.

FinancialForce Accounting

FinancialForce Accounting 10.0
Based on 2 answers
Unless the internet is completely unavailable - which has not happened yet - the application is always accessible. Since FinancialForce is built on the force.com platform, it's uptime is tied to Salesforce security and system performance standards
Lynne Taylor | TrustRadius Reviewer

Performance

BusinessObjects SRC (Discontinued)

BusinessObjects SRC (Discontinued) 7.0
Based on 1 answer
Very long reports in SRC would take a long time to run (several minutes). However, shorter reports could be run quickly.
AJ Senff | TrustRadius Reviewer

FinancialForce Accounting

FinancialForce Accounting 9.0
Based on 2 answers
If Visualforce pages are enabled, they sometimes slow down the load time.
Lynne Taylor | TrustRadius Reviewer

Support Rating

BusinessObjects SRC (Discontinued)

BusinessObjects SRC (Discontinued) 5.0
Based on 1 answer
I did not use customer support.
AJ Senff | TrustRadius Reviewer

FinancialForce Accounting

FinancialForce Accounting 10.0
Based on 2 answers
The response time for FinancialForce is exemplary. Immediate acknowledgement of the support request by automatically logging a case/ticket on the provider side, then less than 24-hour follow up by a support team member with specific questions, information or resolution for the issue.
Lynne Taylor | TrustRadius Reviewer

In-Person Training

BusinessObjects SRC (Discontinued)

BusinessObjects SRC (Discontinued) 6.0
Based on 1 answer
This is more a function of the training I received from the systems experts in my organization, not training from Business Objects/SAP. The training was rushed, without an agenda, and didn’t meet my needs as a user.
AJ Senff | TrustRadius Reviewer

FinancialForce Accounting

No score
No answers yet
No answers on this topic

Online Training

BusinessObjects SRC (Discontinued)

No score
No answers yet
No answers on this topic

FinancialForce Accounting

FinancialForce Accounting 10.0
Based on 1 answer
Through its Xtra login website available to its customers, FinancialForce offers a complete set of online, video tutorials, training and documentation. Each tutorial is "bite-sized", meaning it imparts instructional, step-by-step information in 2-3 minute narrated videos. For a particular cycle or process, like invoices to payments for example, each tutorial builds on the last so that the user can get a complete picture of the steps and process in less than 10 minutes.
Lynne Taylor | TrustRadius Reviewer

Implementation Rating

BusinessObjects SRC (Discontinued)

No score
No answers yet
Program was already implemented when I joined.
AJ Senff | TrustRadius Reviewer

FinancialForce Accounting

FinancialForce Accounting 10.0
Based on 2 answers
The company decided to run parallel for three months in order to soften the impact of the change from the legacy "system" - which users had been interfacing with for over a decade - to FinancialForce. While not recommended, this did provide time for the in-house "super user" team of 2 people to become completely familiar with the application, and thus provide hands-on training and be a resource for the users who would be processing the daily accounting transactions.
Lynne Taylor | TrustRadius Reviewer

Alternatives Considered

BusinessObjects SRC (Discontinued)

Business Objects SRC is more flexible than other products and that is especially important in a company where each division is completely different in how they operate, their KPIs, and their operating functions. It allows finance to decide what information is important at that time and does not take months of IT resources to meet management's immediate informational needs. Reporting and budgeting is easily updated when there is an addition or a deletion of a line of business. Finance is allowed to dice the information in any way to satisfy the current needs of the business.
Anonymous | TrustRadius Reviewer

FinancialForce Accounting

Compared to other accounting software FinancialForce Accounting has its good and bad aspects but overall it is a good option. Reporting directly from FinancialForce Accounting can be difficult to do, but standard accounting tasks are straightforward and not time-consuming to complete in FinacialForce Accounting. In addition, it has a few very useful tools and capabilities, such as the multi-currency multi-location capabilities, that are difficult to match
Anonymous | TrustRadius Reviewer

Return on Investment

BusinessObjects SRC (Discontinued)

  • Thus far the BI team has been playing catch-up since our SAP implementation, as a good many important customer facing reports were left out of the implementation as a requirement for go-live.
  • The scalability and SAP data conversion are the real value.
Daniel Guzman | TrustRadius Reviewer

FinancialForce Accounting

  • Beneficial to easily be able to track impact of fluctuating currencies.
  • Integration with Salesforce.com reduced/elimintated manual entry which saves various colleagues time.
  • Increased visibility over the entire sales cycle because of the integration between Salesforce.com & FinancialForce Accounting.
Anonymous | TrustRadius Reviewer

Pricing Details

BusinessObjects SRC (Discontinued)

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
Optional

FinancialForce Accounting

General

Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Rating Summary

Likelihood to Recommend

BusinessObjects SRC (Discontinued)
7.9
FinancialForce Accounting
7.7

Likelihood to Renew

BusinessObjects SRC (Discontinued)
7.8
FinancialForce Accounting
10.0

Usability

BusinessObjects SRC (Discontinued)
9.0
FinancialForce Accounting
10.0

Reliability and Availability

BusinessObjects SRC (Discontinued)
9.0
FinancialForce Accounting
10.0

Performance

BusinessObjects SRC (Discontinued)
7.0
FinancialForce Accounting
9.0

Support Rating

BusinessObjects SRC (Discontinued)
5.0
FinancialForce Accounting
10.0

In-Person Training

BusinessObjects SRC (Discontinued)
6.0
FinancialForce Accounting

Online Training

BusinessObjects SRC (Discontinued)
FinancialForce Accounting
10.0

Implementation Rating

BusinessObjects SRC (Discontinued)
FinancialForce Accounting
10.0

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