What are the Benefits of FinancialForce ERP?

As a leading provider of cloud enterprise resource planning (ERP), FinancialForce was founded in 2009 and includes applications built on the Salesforce platform. It is an end-to-end resource planning solution focused on the customer. The platform provides lots of Benefits of using FinancialForce ERP with both front-end and back-end functionality.

Here Are The 10 Benefits of FinancialForce ERP System For Your Business

FinancialForce ERP can be integrated with more than 2000 Salesforce apps, allowing businesses to customize the system according to their requirements.

Benefits of FinancialForce Enterprise Resource Planning System

The FinancialForce ERP solution is designed for businesses and enterprises. It provides the following benefits:

Reporting

You can visually explore financial data in FinancialForce ERP through the report dashboard. This feature allows you to explore your business and track key performance indicators (KPIs). The information from ERP can be used to inform CRM decisions (and vice versa).

Ease to Use

The ERP platform is easy to access and configure, resulting in a fast ROI. Its flexibility enables it to easily adapt to any business model. Integration and customization can be done through the “clicks not codes” principle. Using the Salesforce AppExchange ERP platform, you can create your own or use apps already on the platform.

Ease Of Compliance And Audit

With FinancialForce, all applications are located on one platform, enabling compliance and audits to be easier. Moreover, FinancialForce enables documentation, automated audit trails, and associated conversations. ERP systems allow you to automatically track important audit fields. Transaction evidence, such as files, comments, and scanned documents, can be seen in one place.FinancialForce allows the tracking of key fields that include old and new values.

Analytics

All data is located in one place, so you can generate both standard and customized reports. Additionally, ad hoc inquiries can be acquired. The platform offers businesses the capability of creating customized dashboards and analyzing trends easier than ever before. Data visibility is determined by security profiles. Dashboards and reports are fully mobile-friendly and can be viewed on a variety of devices.

Communication And Collaboration

With FinancialForce ERP, teams can communicate instantly through the Chatter application, which provides instant communication. It’s a great way to break down departmental barriers. It allows employees to share information, ask questions, and send updates on progress. Thanks to this ERP system, response times are faster than ever. Collaboration between departments is improved, allowing businesses to build strong networks, knowledge, and resources across departments.

App Integration

One of the most essential Benefits of FinancialForce ERP System is the ability to integrate with a variety of apps if businesses need additional functionality. The company can build these applications for itself. Applications from the Salesforce AppExchange can be used to integrate added features into the said ERP.

Eliminates Data Duplication

As FinancialForce ERP eliminates the need to maintain multiple record systems, businesses can eliminate data duplication and discrepancies. As a result, the solution is efficient and error-free.  Big data can be analyzed and used to help companies grow. ERP platforms themselves are cost-effective and provide more information than basic bookkeeping.

Grows With The Business

For a business to improve and grow, its systems and applications have to grow with it. FinancialForce ERP can be easily adapted to fit your business needs. Furthermore, it is scalable and can grow along with the organization, allowing firms to keep up with increasing demands. You can also calculate your profit margin using various online tools.

End-to-end Solution

FinancialForce is an end-to-end solution for companies looking to boost profits and efficiency. It comes with a full set of features, including human resources, supply chain management, finance and accounting, and reporting.

Those are just a few of the benefits of using FinancialForce ERP. Businesses could minimize data discrepancies and errors by using FinancialForce ERP instead of multiple systems. Therefore, the company can use the platform for both front-end and back-end operations.

AblyPro’s team of experts alleviates the technical weight of implementing and managing FinancialForce so that you can focus on strategy and organizational mission. Find out how we can save you time, money, and stress with our FinancialForce managed package.