FinancialForce’s 2014 summer release incorporates improvements in mobile and collaboration features and provides enhancements to the planning dimension of its professional services automation (PSA) suite. In the last couple of releases the company emphasized expansion in the functional capabilities of its ERP suite, as I noted, focusing on human capital management and professional services automation as well as some supply chain automation capabilities.
Topics: Analytics, Business Performance, Cloud Computing, Consulting, distribution, ERP, Financial Performance, FinancialForce, HCM, HR, Human Capital, Professional Services Automation, PSA, SaaS, Sales Performance, Salesforce.com, SCM, Social Media, Unit4, Office of Finance, Sales
Convergence is the Microsoft Dynamics business software user group’s meeting. Dynamics’ core applications are mainly in the accounting and ERP category, descendants of products Microsoft acquired: Great Plains (now GP), Solomon (SL), Navision (NAV) and Damgaard’s Axapta (AX), to which Microsoft has added its own CRM application. It has been more than a decade since the acquisitions of Great Plains (which itself had already purchased Solomon Software), and Navision, Damgaard and the software applications family has evolved steadily if slowly since then. More recently, Microsoft has added cloud services that simplify and improve the connection between remote users and the on-premises core systems, as well as integration with Office365.
Topics: Analytics, Business Performance, CFO, Cloud Computing, Consulting, Customer & Contact Center, distribution, Dynamics AX, Dynamics GP, Dynamics NAV Dynamics SL, ERP, Financial Performance, FinancialForce, HCM, HR, Human Capital, Infor, Microsoft, Operational Performance, Plex, Professional Services Automation, PSA, SaaS, Sage Software, Sales Performance, Salesforce.com, Unit4, Workday, Office of Finance, Sales
FinancialForce recently introduced FinancialForce ERP, a family of cloud-based software designed to support a variety of customer-centric businesses such as professional services organizations or companies that specialize in business and industrial distribution. Many of these types of businesses are midsize or small (having 50 to 1,000 employees) and can benefit from the integration of FinancialForce’s accounting, professional services automation, human capital management (HCM) and supply chain management (SCM) software. The company added the last two capabilities at the end of 2013 with the acquisitions of Vana Workforce and Less Software, respectively, which I commented on. Like FinancialForce’s, their software runs on the Salesforce1 platform, which means that integration of these elements was straightforward. It also enables companies that use or are planning to use salesforce.com for sales and customer service to simplify integration of those with the operational and back-office software, by enabling single sign-on, end-to-end process management and a single data source for reporting and analysis. This integration can significantly reduce or even eliminate the need to re-enter information into systems or to use spreadsheets, documents and email to manage processes. With all of the data available in a single system, creating reports and automating their distribution becomes easier. All of this, in turn, should cut the amount of time and effort spent on administrative and clerical functions and enhance the productivity of the organization.
Topics: Analytics, Business Performance, Cloud Computing, Consulting, Customer & Contact Center, distribution, ERP, Financial Performance, FinancialForce, HCM, HR, Human Capital, Operational Performance, Professional Services Automation, PSA, SaaS, Sales Performance, Salesforce.com, SCM, Supply Chain Performance, Unit4, Workforce Performance, Office of Finance, Sales