Constellation Research names FinancialForce a top finance solution for the post-modern CFO
We are happy to report that FinancialForce has been touted an “intelligent cloud-based finance solution for the post-modern CFO” in the new report from Constellation Research. The report insight covers both strategies and technology to help finance leaders become true value creators in the services-driven economy and make a deeper impact on the overall business.
R “Ray” Wang, chairman and founder at Constellation Research, who authored the report has identified FinancialForce cloud-based finance solutions as ideal to help finance leaders successfully pursue these initiatives.
As highlighted in the new research, the digital age has radically changed the function of finance. For finance leaders to succeed today they must find new sources of growth, redefine their leadership role in the enterprise, and leverage tools and solutions designed for the changing financial services landscape.
Wang says, “Cloud-based solutions with advanced revenue recognition and forecasting tools have helped shape and develop the new services economy. Technology buyers should seek vendor partners who have been recognized as category leaders through innovative product development and demonstrable growth.”
As indicated in the report, FinancialForce hits all of those requirements. Besides being listed in this latest, just last month Constellation Research listed FinancialForce on its ShortLists for Enterprise Cloud Finance Solutions and Smart Services Digital Monetization Platforms in Q1 2018.
The services-economy is the sweet spot for FinancialForce. Our financial solutions help businesses quickly adjust business models, allowing them to easily manage established and newly developing revenue streams within a single system with real-time access to forecasting, profitability, and customer success. This report validates FinancialForce has built the solutions the market needs.Constellation’s report identifies FinancialForce among a group of vendors that “support the financial operations and deliver the core foundation for ERP and back-office systems.” FinancialForce’s offerings are also aligned with the key market trends named in the report:
- Collaborative finance
- Embedded analytics
- Real-time risk analysis
- Industry-specific capabilities
- Multi-tenant SaaS deliverability