Certinia ERP vs Accounting: Basic Differences Explained

Today’s dynamic business landscape requires efficient cloud accounting software to achieve success. Businesses that accomplish fast growth must find efficient ways to manage financial operations and remain productive. Certinia (FinancialForce) offers ERP and Accounting solutions for small, medium, and large enterprises.  

So, which cloud-based accounting software is better for your business? This depends on your business complexities and financial requirements.  

In this blog, we will provide a comprehensive comparison of FinancialForce ERP with FinancialForce Accounting. This will help you choose the tool based on specific business needs that will navigate your business in the right direction.  

Overview of Certinia (FinancialForce) ERP  

FinancialForce ERP includes cloud-based systems using which businesses can streamline their operations. These include accounting, human resources, supply chain, project management, financial reporting, and other key functions in a unified system. 

Certinia ERP is built on Salesforce platform, hence it easily integrates with CRM systems. It seamlessly integrates customer data with financial functionalities for easy management. 

Benefits of Certinia ERP  

• Real-time insights– With FinancialForce ERP, you can gain real-time access to your financial and business data. This will increase the efficiency of business operations and empower decision-making.  
• Improves collaboration– ERP assists businesses in organizing and sharing information. This will eliminate disparate data and ensure that everyone has the same source of truth. 
• Accurate reporting-Cloud ERP software offers robust reporting tools that will help you make data-driven decisions. You can also evaluate your business performance and identify areas of improvement.  
• Effective financial analysis– The benefits of Cloud ERP is that it helps in managing revenue from multiple streams. These streams are contracts, products, and subscriptions. It also offers financial solutions like general ledger and automated billing.  
• Efficient Project Delivery– ERP integrates with FinancialForce PSA and CRM to unify sales, service, and project delivery under a single system. This automates revenue recognition, ensures data-driven decisions, and reduces costs for business.  
• Supports HCM solutions-FinancialForce cloud-based ERP systems integrate with HCM applications. This helps gain predictive insights, manage payroll and benefits, and optimize talent.  

Overview of Certinia (FinancialForce) Accounting  

FinancialForce cloud accounting solutions are built on the Salesforce platform. Certinia (FinancialForce) accounting manages the finance and accounting operations of a business. Using cloud computing services, you can streamline financial processes and automate the billing process.  

Benefits of Certinia Accounting

• Streamlines accounting functions– FinancialForce accounting functions like general ledger, accounts payable, accounts receivable and financial reporting. Using cloud accounting solutions, businesses can maintain accuracy of their financial records.  
• Automates accounts payable– Using automated invoicing, you can streamline invoicing, accounts payable, and cash flow of your business. 
• Automates financial processes– This accounting solution automates financial functions like invoice processing, accounts payable and accounts receivable, reducing manual tasks.  
• Multi-currency support– FinancialForce cloud-based accounting can support multi-currency transactions. Businesses with international customers can streamline their operations with this approach.  

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Certinia ERP vs. Accounting- A Comprehensive Comparison  

FinancialForce ERP and FinancialForce accounting are both cloud-based solutions with unique features and functions. We bring you the basic differences between both software by comparing the parameters like features, pricing, supported devices, and more. A detailed analysis will help business owners select the appropriate cloud accounting software.  

Certinia ERP	Certinia Accounting
Certinia ERP is for small, medium, and large-scale industries.	Software as a service for large companies that have outgrown entry-level systems
Streamlines service operations and financial management	Streamlines financial transactions of a business
It offers 785 features	It offers 294 features
The core features include HCM, Inventory management, billing, accounting, PSA, CRM, Supply chain management	The core features include General Ledger, Accounts payable, accounts receivable, Audit trail, Time and Expense, Multi-currency support
The other features include Sales management, project management, resource management, time and expenses, billing and revenue recognition	The other features are billing and invoicing, purchase orders, billable hours, e-commerce, automatic transactions, and credit card processing
Offers quote-based payment model	Offers both quote-based and monthly payment models
Analytics and reporting capabilities for tracking financial management, supply chain management, inventory	Comprehensive Financial reporting
Supports devices like Windows, Linux, Mac, Windows Mobile	Supports devices like Windows, iPhone, iPad, android, and Mac

Which is Better- FinancialForce ERP or FinancialForce Accounting?  

The choice between FinancialForce ERP and FinancialForce Accounting depends on your specific business needs. It also depends on the features offered by each tool and your budget. Other factors that you must consider are the integration capabilities, the size of your organization, and the user ratings.  

Let us do a quick recap of both the cloud-based solutions  

FinancialForce ERP: This is a comprehensive solution that includes accounting, financial management, customer relationship management (CRM), and other enterprise-level features. It is suitable for organizations that require an integrated platform to manage various aspects of their business operations. These operations include finance, supply chain, customer relationships, and more.  

FinancialForce Accounting: This is a more focused financial information solution that primarily addresses accounting and financial management needs. It is a suitable choice for organizations that require a robust accounting system but not a full ERP system.  

As we can see that both the cloud-based solutions have their own share of pros. FinancialForce cloud accounting software has better user ratings than other financial products. Whereas, FinancialForce ERP has more features than similar cloud-based solutions. However, you must choose a tool that will finally contribute to your business’s success.  

Certinia (FinancialForce) ERP or FinancialForce Accounting? Which software is a viable option for your business? You must decide this after a careful assessment of your business-specific needs. These needs include your budget, support offered, and long-term growth goals.  

It is wise to select a tool that aligns with your specific business requirements and the skills of your employees. It should also be flexible and can grow with your organization. Consult a Certinia (FinancialForce) consultant to determine which solution aligns better with your business needs.  

 Wrapping up  

Certinia (FinancialForce) ERP and Accounting are cloud ERP software that offers powerful business management solutions. Once you understand the basic differences between the two, you can make informed decisions. This will help you align the business requirements with the cloud-based software. 

 Do not select cloud accounting software based on assumptions! Contact AblyPro to select the right tool based on your unique business needs. 

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