FinancialForce Accounting is a simple, yet powerful, accounting application that is straightforward to learn, easy to implement and trouble-free to maintain.
At the application’s core is an innovative accounting engine that can accommodate the most diverse or complex enterprise requirements. It includes advances like a single ledger design and a multidimensional chart of accounts, which will give you real-time business intelligence and help you shorten period close cycles. The accounting engine includes sophisticated accounting components such as multi-currency, global tax and multi-company accounting capabilities across the entire system.
The general ledger has been built to accommodate your most diverse business requirements and provides the basis for deep financial analysis. Guaranteed to always be in balance, the application provides ironclad audit trails and complete drill down to originating transactions.
FinancialForce Accounting is built for the fast-paced and competitive business era in which we live. Unlike on-premises accounting systems of the past, FinancialForce Accounting is a 100% real-time and perpetually closed system. Its unique single ledger eliminates subledger reconciliations and laborious period-close processes. It is built for real-time financial analysis and modeling, not just to generate financial statements.
Streamline and automate accounts payable processing by establishing your own workflow and authorization processing rules. Configure routing pathways to match your organizational structure and control processes. Add requisitioning, purchases order and invoice matching capabilities with FinancialForce Spend Management.
Because the FinancialForce Accounts Receivable shares the same account object as Salesforce CRM, your opportunity to cash process is efficient, accurate and optimizes cash flow. Invoices are created accurately the first time and posted in real time to the Accounts Receivable system where you have complete visibility to your customer’s credit standing alongside sales and service activity in a single location.
Because FinancialForce Accounting is a real time system, your cash balance is always up to date and ready to reconcile with your bank accounts, across any currency you wish to transact in. Easily monitor and forecast cash from dashboards that can viewed online from any device.