FinancialForce Accounting Review
November 08, 2016

FinancialForce Accounting Review

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with FinancialForce Accounting

FinancialForce Accounting is being used by the accounting department for various accounting activities. It is not directly used by any other department in the company but it is integrated with our Salesforce.com platform which is used by the sales department. We use FinancialForce Accounting across all of our locations, in multiple countries.
  • Support for multiple currencies - track fluctuations in currency and impact on business/costs/profits, etc.
  • Great support.
  • Easy integration with Salesforce.com.
  • It took a very very long time to implement and we had configuration issues after the implementation that had to be addressed.
  • Cannot run scheduled reports.
  • Difficult to run reports (training is needed to configure the reports).
  • 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.
The initial allure of FinancialForce Accounting was the fact that we were very happy with Salesforce.com and the ability to integrate FinancialForce Accounting with Salesforce.com easily (although it was time-consuming). But after analyzing its functionality it was also apparent that FinancialForce Accounting would be the best fit for us because of its multi-currency tools and the fact that after we integrated it with Salesforce.com, we were able to cut out a great deal of manual data entry that we were doing before.
FinancialForce Accounting is a good choice if you are using Salesforce.com in your sales department as the integration with Salesforce.com is great (but be warned that the implementation phase takes a very long time). If you want to be able to run scheduled reports, or set up specific reports then you will find it difficult to do so with FinancialForce Accounting. You need to have a lot of training to set up reports.

FinancialForce Accounting Feature Ratings

Accounts payable
8
Accounts receivable
8
Cash management
8
Bank reconciliation
8
Expense management
8
Time tracking
9
Fixed asset management
8
Multi-currency support
9
Multi-division support
9
Regulations compliance
8
Electronic tax filing
9
Self-service portal
8
Inventory tracking
8
Automatic reordering
7
Location management
8
Manufacturing module
7
Pricing
8
Order entry
8
Credit card processing
8
Cost of goods sold
8
Pay calculation
9
Benefit plan administration
8
Direct deposit files
9
Salary revision and increment management
8
Reimbursement management
7
Dashboards
8
Standard reports
5
Custom reports
3
API for custom integration
7
Plug-ins
6
Role-based user permissions
9
Single sign-on capability
9