Type Private company Founder Jeremy Roche Headquarters San Francisco Number of employees 650 | Industry Computer Software Website www.financialforce.com Founded 2009 Parent organization Unit4 | |
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Key people Tod Nielsen, CEO
John Bonney, CFO
Joe Fuca, WW Field Operations
Charles Ashworth, SVP Employee Success Products FinancialForce Accounting
FinancialForce PSA
FinancialForce HCM
FinancialForce ERP Profiles | ||
FinancialForce.com is a cloud-based applications company headquartered in San Francisco, California, that provides a cloud ERP solution for Force.com, a cloud computing platform from salesforce.com. FinancialForce.com supplies Accounting, Billing, Professional Services Automation (PSA), Revenue recognition, Human Capital Management (HCM), and Supply Chain Management (SCM) applications.
Contents
Cloud compliance with financialforce com
Origins
FinancialForce was founded by Jeremy Roche in 2009 with an investment from UNIT4, and salesforce.com. The resulting cloud accounting system was a single-ledger design that enables real-time financial management and is built on salesforce.com's technology platform, Force.com.
The company started by specializing in accounting and billing solutions that are built on the Force.com platform, therefore making them closely coupled with Salesforce CRM applications. In December 2010, FinancialForce purchased Appirio's Professional Services Enterprise (PSE) product, which later was renamed FinancialForce Professional Services Automation.
In November 2013, during FinancialForce's annual customer day, the company announced the acquisitions of Supply Chain Management vendor Less Software and Human Capital Management vendor Vana Workforce and their intention to round out the back office applications portfolio.
In February 2014, the company unveils FinancialForce ERP. Built on the Salesforce Platform, FinancialForce ERP connects customers, employees, partners and products into a single system.
In April 2014, FinancialForce received $50 million in funding from Advent International.
In March 2015, the company receives $110 million in funding from Technology Crossover Ventures and Salesforce Ventures.
In January 2017, FinancialForce appointed former Salesforce and Heroku executive Tod Nielsen as CEO and President.
Locations
FinancialForce is headquartered in San Francisco, California, with EMEA headquarters in Harrogate, UK and Sydney, Australia, which covers the APAC region. Other offices are located in Chicago, IL, Manchester, NH, Granada, Spain and Burlington, Ontario.
Mobile support
FinancialForce supports mobile usage through FinancialForce Mobile, along with the Force.com mobile application platform, supporting BlackBerry, iPhone and iPad. In November 2013, the company introduced FinancialForce 360° Back Office mobile app on the Salesforce1 App Exchange.
Awards and recognition
THINKstrategies, Inc., the leading strategic consulting company focused on the business implications of the on-demand services market, awarded FinancialForce.com the Best of SaaS Showplace (BoSS) Award.
FinancialForce was named in the 2011 Red Herring (magazine) Top 100 North America, a group of 100 companies judged by the publication to be the most innovative across North America. The company has since been listed in the 2011 Red Herring Global Top 100 which identifies the 100 most innovative companies worldwide.
FinancialForce's accounting product (FinancialForce Accounting) was named Software Product of the Year at the 2013 Business Finance Awards. The Business Finance Awards 2013 are designed to recognise excellence in business finance.
AlwaysOn Networks named FinancialForce.com a 2013 OnDemand 100 winner. FinancialForce.com was selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.
FinancialForce and CEO Jeremy Roche were chosen by Forbes as the Best Cloud Computing Companies And CEOs To Work For In 2014.
FinancialForce was named in the eighth annual Glassdoor Employees’ Choice Award for the Best Places to Work in 2016 in the U.S. SMB category