Certinia ERP CloudFormerly FinancialForce ERP Cloud
Overview
What is Certinia ERP Cloud?
Certinia ERP Cloud automates financial management on the Salesforce platform. The customer-centric ERP software includes a general ledger, automated billing processes, and financial intelligence.
Leaves Some Functionality to be Desired
New FinancialForce implementation
FFA Review
Accounting in the cloud
FinancialForce -- For a growing small company
FinancialForce Accounting by Salesforce
FinancialForce Accounting Review
Salesforce User? - FinancialForce Accounting is a "No-Brainer"
Awards
Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards
Popular Features
- Single sign-on capability (5)8.686%
- Dashboards (5)8.484%
- Role-based user permissions (5)8.181%
- Standard reports (5)6.565%
Pricing
What is Certinia ERP Cloud?
Certinia ERP Cloud automates financial management on the Salesforce platform. The customer-centric ERP software includes a general ledger, automated billing processes, and financial intelligence.
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
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Features
Payroll Management
Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.
- 8.5Pay calculation(2) Ratings
Pay calculation provides for computation of employee pay with state and federal deductions.
- 8Benefit plan administration(2) Ratings
Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.
- 9Direct deposit files(2) Ratings
Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.
Customization
This addresses a company’s ability to configure the software to fit its specific use case and workflow.
- 8.8API for custom integration(4) Ratings
An API (application programming interface) provides a standard programming interface for connecting third-party systems to the software for data creation, access, updating and/or deletion.
- 8Plug-ins(3) Ratings
A number of third-party plug-ins are available to expand the core functionality of the software.
Security
This component helps a company minimize the security risks by controlling access to the software and its data, and encouraging best practices among users.
- 8.6Single sign-on capability(5) Ratings
The software system supports a centralized authentication mechanism allowing the user to access multiple systems with a single, centrally managed password.
- 8.1Role-based user permissions(5) Ratings
Permissions to perform actions or access or modify data are assigned to roles, which are then assigned to users, reducing complexity of administration.
Reporting & Analytics
Users can report on and analyze usage, performance, ROI, and/or other metrics of success.
- 8.4Dashboards(5) Ratings
Users can create, customize and share dashboards, which provide an overview of the most important metrics.
- 6.5Standard reports(5) Ratings
The software offers pre-built reports with metrics standard to the category.
- 8.8Custom reports(5) Ratings
Users can create custom reports.
General Ledger and Configurable Accounting
Financial management solution, including capabilities for general ledger and configurable accounting
- 8Accounts payable(5) Ratings
This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.
- 7.1Accounts receivable(4) Ratings
This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.
- 8Global Financial Support(1) Ratings
Account using multiple ledgers, multiple currencies, and multiple entities
- 7Primary and Secondary Ledgers(1) Ratings
Record and report across multiple currencies and accounting standards with primary and secondary ledgers
- 6.3Journals and Reconciliations(3) Ratings
Automate and synchronize ledgers and processes
- 7.4Configurable Accounting(3) Ratings
Configure accounting rules and segments for each chart of accounts
- 8.7Standardized Processes(3) Ratings
Centralize financial management to facilitate standardized financial processes
Inventory Management
The ability to track and manage the flow of goods or materials into and out of an inventory.
- 10Inventory tracking(3) Ratings
The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.
- 10Automatic reordering(3) Ratings
The software can be set up to automatically reorder a good when it falls below a certain threshold.
- 10Location management(3) Ratings
The software can track multiple goods across multiple locations.
Order Management
The ability to process orders, and track them from quote to cash.
- 8Pricing(2) Ratings
Users can set up complex and unique pricing requirements.
- 8Order entry(2) Ratings
Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.
- 8.5Credit card processing(2) Ratings
The software facilitates credit card processing.
- 8Cost of goods sold(2) Ratings
The software calculates the direct costs attributable to a finished product, such as materials and labor, and includes roll-up pricing.
Subledger and Financial Process
Revenue management solution including capabilities for subledgers and financial processes
- 10Travel & Expense Management(1) Ratings
Enter expenses from mobile devices, integrate credit card and travel booking, configure policy enforcement
- 7Budgetary Control & Encumbrance Accounting(1) Ratings
Control spending at any budget level or time interval
Project Financial Management
Project financial management solution including capabilities for project budgeting, cost control, billing and contract management.
- 9Budgeting and Forecasting(1) Ratings
Establish project budgets and forecast future project financials
- 9Project Costing(1) Ratings
Standardize, track, and control costs at all project phases
- 10Cost Capture(1) Ratings
Capture costs including those for procurement, financials or time and labor, including from external systems
- 9Capital Project Management(1) Ratings
Track and manage capital asset costs
- 10Customer Contract Compliance(1) Ratings
Associate projects or tasks with customer contracts, and lines within contracts, to meet billing terms
- 10Project Revenue Recognition(1) Ratings
Recognize project contract revenue in line with accounting policies and regulations
Project Execution Management
Project execution management solution including capabilities for project scheduling, resource management, and team member task management.
- 7Project Planning and Scheduling(1) Ratings
Interactive Gantt chart for establishing tasks, durations, and delivery schedule
- 7Task Insight for Project Managers(1) Ratings
Project manager visibility into task progress of team members
- 8Project Mobile Functionality(1) Ratings
Capabilities for project functions such as updating and monitoring task progress and timecards from mobile devices
- 8Definable Resource Pools(1) Ratings
Definable and hierarchical resource pools of potential project resources
Product Details
- About
- Competitors
- Tech Details
- FAQs
What is Certinia ERP Cloud?
Certinia ERP Cloud Competitors
Certinia ERP Cloud Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
---|---|
Operating Systems | Unspecified |
Mobile Application | No |
Security |
Frequently Asked Questions
Comparisons
Compare with
Reviews and Ratings
(33)Community Insights
- Business Problems Solved
- Pros
- Cons
FinancialForce Subscription & Usage Billing has proven to be a valuable tool for managing high numbers of active subscribers to television services. Users have been able to streamline their billing processes by leveraging the software's auto-billing capabilities, allowing for efficient and accurate monthly billing. Additionally, the integration with other systems such as Salesforce and CRM has been beneficial for users, enabling seamless interaction between platforms.
Another key use case of FinancialForce Subscription & Usage Billing is integrating it with FinancialForce Accounting. This integration has greatly benefited the Accounting and Finance department. By utilizing this software, users have been able to automate accounts payable processes and provide easy access to vendor and A/P information for other departments. The ability to create dashboards and reports of financial information has also proven useful for sharing crucial data with other teams.
Furthermore, FinancialForce Accounting serves as a reliable accounting system that integrates seamlessly with Salesforce, allowing users to record transactions and generate trial balances. This feature has been particularly helpful in multi-currency environments, as the software's capabilities enable users to reduce manual entries and focus on reporting and planning. Overall, FinancialForce ERP has provided a modern solution for various accounting activities within organizations, addressing problems in areas such as Payables, Receivables, Reporting, and Data Analysis.
Complete end-to-end solution: Users find FinancialForce to be a complete end-to-end solution that extends the functionality of Salesforce Enterprise Edition, allowing for seamless and intuitive processes such as turning sales quotes or orders into invoices. This has been mentioned by multiple reviewers who appreciate the comprehensive nature of the software.
Intuitive user interface: The user interface of FinancialForce is highly praised for its intuitiveness, making it easy for sales and accounting teams to work together and share information efficiently. Multiple users have mentioned this positive aspect, resulting in decreased time to bill and increased user adoption and satisfaction.
Seamless credit processing: Credit processing in FinancialForce follows a similar intuitive path, ensuring smooth operations. Some users have specifically mentioned how seamless the credit processing feature is within the software.
Reporting Engine Overwhelming: Some users have found the reporting engine in FinancialForce overwhelming and difficult to configure and learn, leading to frustration and inefficiency in generating reports.
Lack of Support for Procurement: Several reviewers have mentioned the lack of support for procurement of non-operations goods and services in FinancialForce. This limitation has hindered their ability to effectively manage all aspects of their purchasing processes.
Need for Integration with Expense Reporting App: Many users expressed the need for a simple and straightforward expense reporting and reimbursement app that integrates seamlessly with payable invoices or journals. The absence of such an application offered or supported by FinancialForce has created challenges in managing expenses efficiently.
Attribute Ratings
Reviews
(1-8 of 8)Leaves Some Functionality to be Desired
- Positive- making auto-billing more effortless
- Positive- ability to easily access customer's payment information from SF
- Negative- missed revenue from hidden billing issues
New FinancialForce implementation
- Haven't had a full year to evaluate ROI.
- Reported higher adoption rates.
FFA Review
- I have not been with the firm long enough to determine it's overall impacts.
Accounting in the cloud
- FFA has allowed us to automate accounts payable and reduce total processing and approval time from 1-2 weeks to 2-3 days
- FFA has given us the ability to create automated dashboards with KPIs
- FFA has allowed us to reduce month-end close from 10 days to 5 days
FinancialForce -- For a growing small company
- We moved to a subscription business, and FinancialForce cannot facilitate it. After using FinancialForce for 4 years, we had to switch to NetSuite. We had a negative return on investment with all the resources we used to do in-house development in FnancialForce.
- FinancialForce did not have a good way to match payments against invoices, and it was a very manual process. We spent a lot of human hours to get it done.
- It was still relatively cheap, so for the 4 years that we used it, the actual cost of the product was what we could only afford at the time.
FinancialForce Accounting by Salesforce
- Almost eliminated manual data entry
- Understanding of costs associated with our entire sales cycle
- Tools for multi-currency
FinancialForce Accounting Review
- 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.
Salesforce User? - FinancialForce Accounting is a "No-Brainer"
- Metrics: reduced DSO from 190 to 54 days (which is less than industry standard); resulting in company collecting cash about 3.5 times faster
- Metrics: decreased average time to bill from 4 months 8 days to 1 month 10 days, a result of operations and accounting collaborating to insure billing is done timely.
- "Opens the door" from the sales and operations departments into the accounting department, providing increased visibility and transparency.
- Streamlines revenue recognition process and has led to improved, more accurate reporting.