Grant Thornton Drives Innovation and Growth With FinancialForce
Leading growth advisory firm adopts new technology strategy as it strives to become the premier professional services firm advising mid-market clients in Australia
Sydney, Australia – March 20, 2018: FinancialForce, a leading customer-centric ERP cloud vendor built on the Salesforce Platform, today announced Grant Thornton, Australia has selected FinancialForce Professional Services Automation (PSA), FinancialForce Financial Management, and Salesforce to help the company achieve its ambitious growth and innovation targets.
Grant Thornton Australia is a member firm of Grant Thornton, one of the world’s leading organizations of independent assurance, tax and advisory firms, with access to a network of over 40,000 people across more than 130-member firms worldwide. Grant Thornton Australia has experienced steady growth since nationalising in 2008; however, its previously disparate systems left the front and back offices disconnected, inhibiting growth. Therefore Grant Thornton sought out a new solution that would provide a single data platform and improve the client and employee experience.
Grant Thornton selected FinancialForce to improve its full sales-to-service business process, from resource allocation to project execution to billing; Financial Management and Revenue Recognition for its robust accounting and reporting functionality.
As part of its wider implementation program, Grant Thornton Australia intends to adopt Einstein Analytics and Sales Cloud across its business to enable smarter data decisions. For the first time, Grant Thornton will have a holistic view of its combined sales, service and financial data, allowing their teams greater efficiencies that will enable an increase in productivity.
FinancialForce is tailored to the needs of the professional services industry with out-of-the-box capabilities to help empower people, run projects, and manage finances. Native to the Salesforce Platform, FinancialForce offers true scalability and agility, meaning Grant Thornton can now easily make changes to its business without infrastructure upgrades and delays. With a single platform, Grant Thornton can now access real-time data from a single source of truth and draw analysis from across its business, enhancing the company’s ability to generate value to its clients.
“We are investing significantly in our capability to analyse data, build insight and create value for our clients”, said Ian Herman, Grant Thornton’s COO. “Our people need the latest digital technology to perform at their best for our clients.”
Andrew Pritchett, CIO at Grant Thornton said, “From the beginning, FinancialForce, in conjunction with Salesforce demonstrated a true understanding of our requirements as an accounting and advisory firm. We expect FinancialForce and Salesforce will continue to invest in new platform capabilities to serve our growing needs. We’re confident we have chosen the right partner.”
Michelle Watson, Grant Thornton’s CFO believes “Real-time reporting and analysis from FinancialForce is essential for us to make decisions quickly, grow and remain competitive.”
Simon Peterson, Managing Director of Australia and New Zealand, added, “We believe FinancialForce has a unique set of solutions to offer businesses in the region. Much like Grant Thornton, Australia, professional services firms here struggle with niche legacy systems that disconnect front and back offices. But the tide is turning as firms seize the opportunity to benefit from a single platform solution offering seamless information flow across their businesses. We will continue to work in partnership with Grant Thornton, Australia to ensure they receive the maximum value from our solutions, and we look forward to hearing the benefits they gain as they progress toward their company goals.”
Lee Hawksley, Senior Vice President, Salesforce APAC said, “Grant Thornton has provided its staff with action-oriented intelligence that allows them to make smarter decisions. Powered by easily accessed and actionable data, meaning Grant Thornton’s consultants are able to get closer to their customers.”
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FinancialForce is the leading cloud ERP provider 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 financialforce.com.