FinancialForce Accelerates Momentum in ERP and PSA Markets with Major Industry Awards and Recognitions
Named #1 Most Adopted Professional Services Automation Solution by SPI Research
Earned Top Spot on G2’s 2022 Best Software Awards for Accounting & Finance Products
Recognized as “Core Provider” in the 2021 Nucleus Research ERP Technology Value Matrix
San Francisco, May 11, 2022 – FinancialForce, the leading provider of customer-centric business applications across finance, services, and customer success teams, today announced accelerated momentum over the past 12 months for its ERP and PSA platforms. Key achievements include being named the #1 most adopted Professional Services Automation Solution in the 15th annual PS Maturity™ Benchmark published by SPI Research, earning the top spot on G2’s 2022 Best Software Awards for Accounting & Finance Products, and being recognized as a “Core Provider” in the 2021 Nucleus Research ERP Technology Value Matrix.
This is the fourth year in a row that FinancialForce has been named #1 most adopted in PSA by SPI Research. FinancialForce PS Cloud continues its commanding lead against other providers, having been adopted by more than 11% of the professional services organizations that took part in the SPI report.
“Cloud-based PSA tools like FinancialForce are instrumental in helping match the right resources at the right time to the right projects,” said Jeanne Urich, Managing Director at SPI Research. “These solutions are a critical success driver for organizations because they help to drive significant operational performance benefits and yield higher revenue and profit for professional services organizations.”
FinancialForce was awarded the IDC CSAT Award for SaaS ERP and SaaS Subscription Billing. FinancialForce scored significantly higher than its peers in areas such as user experience, fast time to value, ease of implementation, geographic reach, and availability of training.
Additionally, FinancialForce was named a “Core Provider” in the 2021 Nucleus Research ERP Technology Value Matrix. Vendors were selected for their ability to accommodate the changing needs of organizations as they return to work, as well as their capability to create customized solutions based on respective customer needs. Nucleus believes that FinancialForce offers a strong value proposition to Salesforce users as an ERP natively built on the Salesforce platform, and that FinancialForce’s investments in PSA and user-friendly capabilities has strengthened its value proposition to the Salesforce customer base.
“The past 12 months have been a thrilling ride and these awards underscore the fact that FinancialForce solutions are now playing an outsized role in enabling organizations to quickly adapt to changing market conditions and achieve business success,” said Tony Kender, Chief Revenue Officer at FinancialForce. “At FinancialForce, we are dedicated to putting our customers first and we are delighted that our solutions are enabling them to deliver improved margins and realize higher revenue growth.”
FinancialForce accelerates business growth with customer-centric ERP, Professional Services Automation (PSA), and Customer Success solutions. Run on the leading cloud platform, Salesforce, FinancialForce enables organizations to see their customers in full color, to unlock customer insights, deliver innovative experiences, run a digital business, and achieve agility and resilience. Founded in 2009 and headquartered in San Francisco, FinancialForce is backed by Advent International, Salesforce Ventures, and Technology Crossover Ventures. For more information, visit www.financialforce.com.
#1 PSA by G2; Most adopted PSA solution in SPI Research’s 2021 PS Maturity™ Benchmark; most adopted PSA solution by Technology Services Industry Association in 2020; Leader in Accounting by G2; leader in IDC MarketScape for Worldwide SaaS and Cloud-Enabled Midmarket Finance and Accounting Applications, 2020; IDC CSAT Award for SaaS ERP and SaaS Subscription Billing.