TECHNOLOGY SECTOR
Tech thrives on growth.
FinancialForce is your platform for growth.
For tech businesses large and small, growth is essential to fund new investments, attract great talent, and maintain competitive advantage. At FinancialForce we deliver solutions to accelerate your business such as ERP, Financial Management and Professional Services Automation, all native on the Salesforce platform. FinancialForce applications are proven to scale with your business and actively support growth by helping you retain customers, optimise team performance, forecast with confidence and manage the complexities of regulation.
Challenges for the Tech Sector
Customers
Winning new customers is great, retaining them is critical. Increasing retention by 5% increases profits by 25 – 95%.
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Predictability
Unreliable forecasting means more uncertainty and risk. Business predictability is essential for investment and investor decision-making.
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PEOPLE
Hiring the right people is tough in this competitive market. If you can’t build and retain the RIGHT team, in a tech skills shortage, growth is a pipe dream.
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PROCESS
Poor compliance to process and regulation inhibits business growth. If you follow best practices you can grow more quickly and more profitably.
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DATA
Data is a valuable commodity, but it’s nothing without insight. Without insight, we can’t learn from data and drive business change.
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GROWTH IN THE TECH SECTOR
222%
Increase in European tech company share prices
1 PER HOUR
New tech firms setting up in the UK
60%
Increase in new tech companies 2016-17
CUSTOMERS IN THE TECH SECTOR
FinancialForce is your
customer retention partner
As part of a single business platform with one complete data set, FinancialForce will maintain, manage & analyse all customer transactions, touchpoints & data. Delivering trusted evidence and deep analytics to drive your retention program.
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predictability
FinancialForce builds in predictability
By replacing manual reports with world-class financial statements and business analytics using cross company data, you can deliver comprehensive insights into future performance & resource requirements from existing & new business streams. Stakeholders gain confidence in investment decisions.
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Data
FinancialForce delivers deep insights
Using real-time analytics to deliver critical cross-business intelligence to improve operational efficiencies & identify and react to growth and change.
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Take the worry out of compliance,
regulation & process
Tech companies need to be super-compliant around data access, security and protection. The Salesforce platform security and access models support your objectives. For financial compliance our accounting and reporting engines are upgraded without the need for disruptive reinstallation.
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FinancialForce supports your business to
retain and attract people
FinancialForce helps optimise team utilisation, through visibility on new work streams and matching projects with appropriate skills, utilising your staff effectively to build
employee satisfaction.
g2 leader
G2 Professional Services Automation Report - Summer 2020
Professional services automation (PSA) describes the software for managing and automating the businesses processes surrounding service delivery. But while there are many PSA systems on the market, they are not all created equally.
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