New FinancialForce implementation
December 13, 2019

New FinancialForce implementation

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with FinancialForce ERP

We were using NetSuite as an ERP and it was clunky. We wanted a modern system that integrated well with our current CRM, Salesforce. FinancialForce ERP looks to the average user that this is just part of Salesforce and native to the system. This allowed us to have adoption to the system rather quickly.
  • Resource planning.
  • Hours tracking.
  • It might have been the implementation but it causes some apex errors.
  • Default fields are not enough. We need to customize which we'd rather not do.
  • Haven't had a full year to evaluate ROI.
  • Reported higher adoption rates.
Infinitely better. We are much happier with FinancialForce ERP rather than NetSuite. This allows us so much more flexibility and growth potential. There is a good chance we will use other functionality of FinancialForce in the future to stay within the same ecosystem. We selected FinancialForce ERP mostly because of its compatibility with Salesforce, as that is the hub of our business applications.
I think it is well suited for our current process which involves project management for our services teams which includes implementation and customization. We have found that this has greater flexibility to our overall team as it is easier to add required fields in Salesforce than to request it from NetSuite since we do not currently have a NetSuite administrator.

FinancialForce ERP Feature Ratings

Accounts payable
Not Rated
Accounts receivable
Not Rated
Global Financial Support
Not Rated
Primary and Secondary Ledgers
Not Rated
Intercompany Accounting
Not Rated
Localizations
Not Rated
Journals and Reconciliations
Not Rated
Enterprise Accounting
Not Rated
Configurable Accounting
Not Rated
Centralized Rules Framework
Not Rated
Standardized Processes
9
Automated Invoice Processing
Not Rated
Shared Services Payments
Not Rated
Billings Management
Not Rated
Customer Receipt Applications
Not Rated
Customer Collections
Not Rated
Revenue Recognition
9
Cash Management
Not Rated
Asset Management
Not Rated
Travel & Expense Management
10
Budgetary Control & Encumbrance Accounting
7
Period Close
Not Rated
Transactions Tax
Not Rated
Subledger Reconciliations
Not Rated
3rd Party Accounting Systems
Not Rated
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Manufacturing module
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Cost of goods sold
Not Rated
Order Orchestration
Not Rated
End-to-end order visibility
Not Rated
Order exception Resolution
Not Rated
Pay calculation
Not Rated
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Salary revision and increment management
Not Rated
Reimbursement management
Not Rated
Dashboards
9
Standard reports
7
Custom reports
9
API for custom integration
9
Plug-ins
Not Rated
Role-based user permissions
8
Single sign-on capability
8
Award Lifecycle Management
Not Rated
Spending Control
Not Rated
Indirect Cost Management
Not Rated
Billing
Not Rated
Budgeting and Forecasting
9
Project Costing
9
Cost Capture
10
Capital Project Management
9
Customer Invoicing
8
Customer Contract Compliance
10
Project Revenue Recognition
10
Project Financial Performance Analysis
9
Project Financials Dashboard
10
Real-time Financial Reporting
9
Embedded Business Intelligence
9
Project Planning Collaboration
9
Project Planning and Scheduling
7
Project Manager Dashboard
8
Resource Manager Dashboard
8
Task Insight for Project Managers
7
Project Manager Mobile Functionality
8
Team Member Task Collaboration
7
Team Member Mobile Functionality
8
Project Candidate Search
8
Project Candidate Comparison and Analysis
8
Defineable Resource Pools
8
Defineable Resource Pools
10
Talent Profiles
9
Real-Time Project Reporting
10
Absence Management
9
Product Lifecycle Management
8
Not Rated
Sourcing Team Collaboration
Not Rated
Sourcing Analysis
Not Rated
Bids Analyzed and Compared
Not Rated
Catalog Shopping E-Commerce for Employees
Not Rated
Contract Authoring
Not Rated
Contract Compliance Management
Not Rated
Contract History
Not Rated
Contract Renewal Automation
Not Rated
Contract Repository
Not Rated
Contract Standardization and Enforcement
Not Rated
Electronic Signatures
Not Rated
Invoice Automated Matching
Not Rated
Purchasing Risk and Compliance Management
Not Rated
Requisitions-to-Purchase Orders Integrated
Not Rated
Spend Compliance Management
Not Rated
Supplier Assessment
Not Rated
Supplier Communication and Collaboration
Not Rated
Supplier Management
Not Rated
Supplier Portal
Not Rated
Risk Repository
Not Rated
Control Management
Not Rated
Control Mapping
Not Rated
Control Efficiency Assessments
Not Rated
Automated Control Assessments
Not Rated
Assessment Capture
Not Rated
Issue Detection
Not Rated
Automatic Notification
Not Rated
Remediation and Certification
Not Rated
Not Rated
Transportation Planning and Optimization
Not Rated
Transportation Sourcing Management
Not Rated
Transportation Process Integration
Not Rated
Transportation Execution Management
Not Rated
Freight Payment Automation
Not Rated
Trade Management
Not Rated
Trade Regulatory Compliance Management
Not Rated
Customs Entry Management
Not Rated
Customs Document Management
Not Rated
Customs Document Collaboration
Not Rated
Fulfillment Management
Not Rated
Inventory Visibility
Not Rated
Warehouse Workforce Management
Not Rated
Not Rated
Production Process Design
Not Rated
Supply Chain Business Flows
Not Rated
Production Management
Not Rated
Contracted Manufacturing Management
Not Rated
Configuration Management
Not Rated
Work Definition
Not Rated
Work Execution
Not Rated
Advanced Fulfillment
Not Rated
Manufacturing Costs
Not Rated
Not Rated
Forecasting
Not Rated
Inventory Planning
Not Rated
Multi-tier Supply Chain Planning
Not Rated
Performance Monitoring
Not Rated
Ideation Management
Not Rated
Requirements Management
Not Rated
Proposal Management
Not Rated
Innovation Portfolio Management
Not Rated
Product Master Data Management
Not Rated
Vendor Portal
Not Rated
Project Portfolio Management
Not Rated