Ideal app for our accounting needs

What are the best aspects of this product?

The advantages are the software is auditable, anyone can use it with a license and internet connection, and makes it simple to recognize our revenue. Salesforce users will find it a breeze to use this app. FinancialForce’s integration with Salesforce eliminates manual data entry and errors for us. It is easy to convert Salesforce opportunities into FinancialForce invoices.

What aspects are problematic or could work better?

Since the platform is new I needed to build the reports I require. To be fair, this feature is improving with each upgrade and I hope it offers the reports I need in the future. Plus, the support team helps with me with complex reports and this minimizes the hassle.

What specific problems in your company were solved by this product?

Revenue recognition used to be difficult for us, but FinancialForce has simplified it for us. For audit requirements, we have to use partial periods for revenue recognition and this has become simple as we simply have to check boxes. Another challenge is with sales tax as we have business in several states. Our use of FinancialForce and Avalara has resolved this issue too and almost eliminated errors in calculation.

Are you a current user of this product?

Yes