Reasons to Switch Accounting to FinancialForce Accounting

Reasons to Switch Accounting to FinancialForce Accounting

When a business is just starting out, it may use spreadsheets or other manual systems to manage its general ledger and other accounts. However, this approach is error-prone and cumbersome, and often quickly becomes untenable. A cloud accounting system solves all these common problems. There is software for everything from sole proprietorships to multinationals, making it a logical choice for almost any business and in any industry.

1. What is FinancialForce?

Traditionally, bookkeeping involved the recording of all invoices received or issued by a company. These invoices and related information were stored in a special folder or on a hard drive. After computers replaced pen and paper, traditional business accounting software was developed. The software may be installed on one computer and used to store financial data. The end-user can access the data, its storage, and services on only one specific computer. No other device or network may be used to access this data. Since there is no remote access, traditional accounting requires you to sit behind a desk and work all day. Also, since it relies solely on competition from a single device, it increases the chances of you losing your data.

2. Why FinancialForce Accounting?

Using spreadsheets for your business finances leads to inefficient processes and tons of errors. This also applies to companies that opt ​​for disparate, unaligned systems with data scattered everywhere. Now imagine running your core financial management functions, including general ledger, invoicing, accounts receivable, revenue recognition, fixed assets, expense management, and accounts payable, on the same Salesforce cloud platform, you use for sales, marketing, and service operations. All your customer records and data reside in one billing, reporting, and revenue recognition system.

FinancialForce Accounting combines the power of the Salesforce App Cloud with an innovative cloud accounting system design. The result is an efficient and cost-effective solution that goes far beyond basic bookkeeping and transaction processing and gives birth to a new generation of financial management applications.

Reasons to Switch Accounting to FinancialForce Accounting
  1. Access More Answers Instantly
  2. Accountability Is Built into Every Action
  3. Shared Tools Build Better Teams
  4. Bring the Back Office to the Frontline
  5. Keep information and cash flow flowing
  6. There is no such thing as a small business when it comes to safety
  7. Meet your new police force
  8. Get to know your business in the context
  9. Personalization is your new productivity
  10. Analytics and Insights for the Entire Organization

 

Why Accounting is Better with FinancialForce

Across every industry, technology is transforming business processes. Consulting firms are often called in to help organizations harness the power of the latest technological developments. Imagine running your key financial functions/processes, including general ledger, accounts receivable, accounts payable, revenue recognition, and invoicing, on the same Salesforce cloud platform that you use for your sales and service operations. Welcome to Financial Cloud, which helps make just right.

FinancialForce combines the power of the Salesforce App Cloud with an innovative cloud accounting system design. The result is an affordable solution that goes far beyond basic bookkeeping and transaction processing, creating a new generation of financial management products.

Here are 6 reasons why you should consider FinancialForce for your Accounting needs

Work Smarter with Cloud Accounting Software

When choosing cloud accounting software, businesses should consider established vendors that offer cloud-native solutions—that is, modified to run on remote servers. For example, FinancialForce Accounting offers a cloud-based accounting and financial solution that goes beyond real-time financial records and data with support for multiple currencies, global tax compliance, automated bill payments, collections, and more. This accounting system is the foundation of FinancialForce Accounting’s unified cloud platform, which includes add-on modules for planning and budgeting, revenue recognition, advanced billing, and more.

FinancialForce Accounting offers a range of other cloud applications as part of its ERP platform for related functions such as inventory and order management, and purchasing, all integrated with finance. These applications are natively integrated into a common user interface and all information is unified on a single platform, eliminating the need to switch between systems to manage different aspects of your business. And as a SaaS solution, customers of FinancialForce Accounting automatically receive new versions (Salesforce) with important updates twice a year and do not have to worry about hardware or maintenance.

Cloud accounting is no longer just the future, but something businesses must embrace now to avoid being left behind and at a competitive disadvantage. The benefits of using a cloud accounting system are similar to other cloud software but are even more crucial as finance is the foundation of everything a business does. Running a business without accurate, real-time financial information is like driving a car without a speedometer or fuel gauge. Therefore, a cloud-based accounting system is such an important investment for businesses today. Our diverse references and extensive experience allow us to thoroughly examine your business and implement FinancialForce solutions. We listen to you and then offer tailor-made solutions to strengthen competencies and improve processes in the back office. If you would like to see how FinancialForce can transform your business, please contact us, and let us know. We are here to help.