-- Enhanced Debt Management to help companies automate and manage their
cash collection processes effectively
-- Integration Rules which seamlessly pull non-financial data into the
finance application through a point-and-click user interface
-- the Launchpad, which acts as a navigational aid to simplify some of
the sophisticated finance processes.
At a time when cash management couldn't be more important, Winter 10 from
FinancialForce.com comes with powerful new debt management capabilities
which help organizations pursue debt and automate the cash collection
processes more effectively. At the click of a mouse button, reminder
letters can now be scheduled and sent via e-mail from within FinancialForce
Accounting without the need to swap into another application. These
reminder notices can be scaled by the customer in terms of severity, from a
polite reminder to a more serious legal notification, depending on the age
of the debt.
Unlike competitive offerings, FinancialForce Accounting reminders can be
run in batches rather than on a case-by-case basis, thereby saving time for
finance professionals or administrators. In addition, on receipt of the
reminder, a customer can choose to pay the outstanding invoice immediately,
using PayPal's 'Pay Now' button, which can be embedded in the reminder
e-mail.
Building on one of its key strengths -- integration -- Winter 10 also
incorporates new and unique Integration Rules. FinancialForce.com
recognizes that the accounting system is at the heart of operations, so it
is critical to provide an easy method to pull data from an organization's
other line-of-business applications into FinancialForce Accounting.
Although FinancialForce Accounting is built on salesforce's Force.com
platform, these new Integration Rules will work with any application, even
ones not built on the platform. That means regardless of how a business
chooses to generate financial transactions from business events, it can use
Integration Rules to map that process into FinancialForce Accounting --
without the need for custom development or expensive specialist
programmers.
In addition, the solution is configured to allow customers to manage this
process themselves through an easy-to-use point-and-click application.
Customers benefit from a flexible and agile solution that provides
financial and management information in a single place, and lets them share
and collaborate on integrated management and financial information from
around the business.
Another important enhancement is the Launchpad, which simplifies and
provides a visual representation of what are normally complex financial
accounting processes. Customers can see at a glance the workflow they need
to follow to complete a financial transaction quickly and efficiently and
can familiarize themselves with that process. Research by
FinancialForce.com has found that using such simple visual navigation tools
simplifies and enhances the experience of using financial applications, so
the Launchpad makes FinancialForce Accounting even more user friendly and
accessible to finance and general business users alike.
Jeremy Roche, CEO of FinancialForce.com, said: "In developing the Winter 10
release we have listened to what our customers and partners have asked for
from the product suite and acted on that feedback. Winter 10 delivers
powerful and comprehensive accounting and finance functionality combined
with the ability to improve debt management and cash flow. In addition we
have made it easier to integrate with other core applications within an
organization and even easier to use. The enhanced functionality we are
delivering makes FinancialForce applications even more compelling as a
cloud accounting solution."
About FinancialForce.com -- www.FinancialForce.com
FinancialForce.com aims to revolutionize the future of accounting by doing
for finance what salesforce.com has done for CRM. It delivers unique cloud
accounting applications that give accountants and CFOs online, real-time
financial information, always in balance and always up to date. This gives
them a better understanding of their business, with the confidence of
reliable figures, from secure systems, looked after for them by the world's
most trusted enterprise cloud computing platform.
FinancialForce.com is backed by Unit 4 Agresso (parent company of
accounting software specialist CODA) and salesforce.com. It combines CODA's
30 years of designing and building financial applications, with the
salesforce.com platform's decade of dependability, availability and
security.
The result is a range of revolutionary cloud computing applications,
including FinancialForce Accounting -- a full Software as a Service (SaaS)
accounting application, delivered on a subscription basis; the first
international SaaS accounting system developed on salesforce.com's cloud
computing platform, Force.com.
About Unit 4 Agresso -- www.unit4agresso.com
Headquartered in Sliedrecht, the Netherlands, Unit 4 Agresso was founded in
1980. Today, Unit 4 Agresso is the 4th-largest mid-market ERP solution
provider in the world according to analyst IDC (2008). It develops, sells,
implements and supports business software for running, managing and
optimizing a wide range of private and public sector organizations across
the globe. The group has 3,500 staff in offices across 14 European
countries and 5 countries outside Europe, from where it supports customers
and partners in all regions of the world. It is publicly quoted on the NYSE
Euronext Amsterdam (U4AGR).
Contact Information: Media Contact: Emelyne Interior LEWIS PR for FinancialForce.com 415-992-4400