FinancialForce Named to Constellation ShortList™ for Smart Services Digital Monetization Platforms

SAN FRANCISCO – August 31, 2022FinancialForce, the leading provider of customer-centric business applications across finance, services, and customer success teams, today announced it was named to the Constellation ShortList™ for Smart Services Digital Monetization Platforms in Q3 2022. The technology vendors and service providers included in this program deliver critical transformation initiative requirements for early adopters and fast-follower organizations.

According to the ShortList report, “The emergence of a subscription economy coupled with digital business models drives the creation of a new type of solution known as Smart Services Digital Monetization Platforms. These platforms are expected to support business models built on smart services for the Internet of Things, blockchain consensus and sharing economies. This market is estimated to grow to $11.3 billion by 2027.”

FinancialForce allows companies to gain unprecedented visibility into their business across services sales, service delivery and finance, so they can put customers at the center of everything they do. FinancialForce brings together key capabilities for running any services business efficiently and effectively. These capabilities include innovative technology, domain expertise, best practices and a proven record of scalable success.

“It’s a tremendous honor to be recognized as a top provider by Constellation Research,” said Scott Brown, President and CEO of FinancialForce. “We’re proud to offer a leading solution that powers all aspects of service delivery—from sales, to delivery, to customer success management to financial management and planning—all fully integrated with Salesforce.com.”

“Organizations must reconsider how they balance business models, work/life priorities, and new market conditions during the uncertain climate of the Great Refactoring,” said R “Ray” Wang, chairman and founder at Constellation Research. “Constellation’s ShortLists reflect the top vendors that matter most to our network of buy-side clients. We publish ShortLists to expedite the decision-making process for leaders making critical vendor selections, so they can find the right partners to enable their business success.”

Constellation Research advises leaders on leveraging disruptive technologies to achieve business model transformation and streamline business processes. Products and services named to the Constellation ShortList meet the threshold criteria for this category as determined through client inquiries, partner conversations, customer references, vendor selection projects, market share, and internal research. The portfolio is updated at least once per year as the analyst team deems necessary based on market conditions.

About FinancialForce

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.

FinancialForce, FinancialForce.com, and the FinancialForce logo are trademarks of FinancialForce.com, Inc. or its licensors. Any third-party brands or names referenced herein may be trademarks of their respective owners.

Disclaimer

Constellation Research does not endorse any solution or service named in its research.

Media Contact

Kirtee Mehta
FinancialForce
prteam@financialforce.com

Dean Fisk
Finn Partners
dean.fisk@finnpartners.com

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