description FinancialForce Overview
FinancialForce is a cloud-based ERP system built on the Salesforce platform. It offers comprehensive accounting, revenue recognition, and expense management capabilities, tightly integrated with Salesforce CRM. Its strength lies in its ability to provide a unified view of financial and customer data. Its well-suited for businesses already using Salesforce or seeking a CRM-integrated ERP solution.
help FinancialForce FAQ
Is FinancialForce built natively on Salesforce?
Yes, FinancialForce (now officially rebranded as Certinia) is a cloud-based ERP built natively on the Salesforce platform. This means it leverages the exact same architecture, CRM data, and reporting capabilities as Salesforce.
What modules are included in FinancialForce accounting?
The platform offers comprehensive modules for general ledger accounting, revenue recognition, and expense management. Because it sits inside Salesforce, it provides a unified view linking financial data directly to CRM activities.
Can FinancialForce handle complex revenue recognition rules?
Absolutely, it is highly regarded for its robust revenue recognition capabilities that comply with standards like ASC 606 and IFRS 15. This makes it particularly popular among SaaS and subscription-based businesses.
Why did FinancialForce change its name to Certinia?
In the early 2020s, FinancialForce rebranded to Certinia to reflect its expansion beyond basic finance into broader professional services automation (PSA). The underlying software and deep Salesforce integration remain exactly the same.
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