FinancialForce Delivers Major New Innovations For Services-Driven Companies

FinancialForce Delivers Major New Innovations For Services-Driven Companies

ID: 564988

(Thomson Reuters ONE) -


FinancialForce's latest fall ERP release empowers professional services
organizations to dynamically optimize time and talent, and deliver more
predictable business performance with next-generation analytics and forecasting
LAS VEGAS, Oct. 24, 2017 (GLOBE NEWSWIRE) -- Technology Services World
-- FinancialForce, the number one customer-centric ERP vendor, today announced
several new innovations and capabilities for its Professional Services
Automation (PSA) solution, including enhanced forecasting, resource
optimization, and scheduling tools. The new capabilities help organizations
better serve their customers in the new services economy.

A photo accompanying this announcement is available
at http://www.globenewswire.com/NewsRoom/AttachmentNg/cf31d86f-397a-4837-a34b-
063cd2cfc6ed

"Leading organizations are completely reimagining their businesses with
FinancialForce's customer-centric ERP," said Lori Ellsworth, GM for
FinancialForce PSA. "In our latest release we have delivered new Shift
Management and Forecasting capabilities to give our customers greater control
and predictability over their projects and the resources assigned to those
projects."

FinancialForce Forecasting for Services Companies

The latest release of FinancialForce PSA enables services companies to forecast
every part of their business with greater predictability, accuracy, and
visibility. New forecasting and predictive capabilities include:

* Predictability
  - Real time forecasting combining both Services opportunities and projects
under execution offering a single source of truth (available due to the
seamless connection between CRM and PSA on the platform)
* Accuracy
  - Forecast based on how revenue will be delivered by applying "curves" to
Opportunities and unscheduled backlog




  - Flexibility in forecast elements including Actuals, Expenses, scheduled
assignments and milestones, resource requests and Backlog
  - Configurable weighing of forecast elements and forecast category
definition
* Visibility
  - Roll up forecasts to Region, Practice and Group
  - Leverage both SalesForce reporting and Einstein Analytics
  - Build different forecast scenarios
This enhanced ability to forecast delivered revenue compliments the depth
already offered in terms of resource forecasting, from the Opportunity through
Project Delivery and our ASC606/IFRS15 compliant Revenue Recognition
capabilities for services.

Caption: Easily aggregate forecast data across multiple factors and inputs-
including services pipeline and projects-using Salesforce Einstein dashboard
capabilities

FinancialForce Shift Management for Services Companies

FinancialForce PSA also now includes new Shift Management functionality,
enabling organizations to rapidly adapt their delivery models with integrated
scheduling tools across traditional projects and shifts. New capabilities
include:

* Rapid creation of multiple team assignments using schedule templates
* Advanced team and individual shift planning and scheduling
* Fully integrated shift and project management using one platform
* Real time staff visibility, updates, and reporting
FinancialForce PSA Leads the New Services Economy

Purpose-built for today's services-driven organizations, FinancialForce PSA
seamlessly unifies data across the entire customer experience, increasing
utilization and billing rates, project profitability, revenue, cash flow, and
employee and customer satisfaction.

Multiple independent industry analyst reports recently recognized FinancialForce
as a leading solution in the PSA market, as it uniquely joins front and back
office systems to support the entire services lifecycle from opportunities and
delivery to billing and collections.

* In IDC's MarketScape: Worldwide SaaS and Cloud-Enabled PSA ERP
Applications 2017 Vendor Assessment, FinancialForce was rated a Leader.
* According to the latest G2 Crowd PSA Report, FinancialForce PSA was rated as
a Leader, based on customer satisfaction and market presence. G2Crowd also
recently ranked FinancialForce PSA in the top 3 PSA Software Providers for
Enterprise.
* Year on year FinancialForce customer consistently rank in SPI
Research's Best of the Best Professional Services Organisations list
About FinancialForce

FinancialForce is the leading cloud ERP for the new services economy. The #1 ERP
native to the Salesforce platform, FinancialForce unifies data across the
enterprise in real-time, enabling companies to rapidly evolve their business
models with customers at the center. Founded in 2009 and headquartered in San
Francisco, FinancialForce is backed by Salesforce Ventures, Technology Crossover
Ventures, Advent International, and UNIT4. For more information,
visit www.financialforce.com.

Media Contact:
Julie Walsh
Senior Media Relations Manager, FinancialForce
jwalsh(at)financialforce.com
+44(0)7580 313 951




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: FinancialForce.com, Inc. via GlobeNewswire




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Datum: 24.10.2017 - 14:00 Uhr
Sprache: Deutsch
News-ID 564988
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