FinancialForce ERP Review

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Last updated: Feb 11, 2020

FinancialForce ERP Review

ITQlick rating
(3.3/5)

Starting from $9,000 per year

FinancialForce ERP is an enterprise resource planning solution for businesses of all sizes. Its services include supply chain management, service automation, order and billing, financial management, and ...

  • Categories (4/25):

    • Budgeting & CPM
    • Time & Expense
    • Procurement
    • Project Management

Shlomi Lavi / updated: Feb 11, 2020

What is FinancialForce ERP?

FinancialForce ERP is an enterprise resource planning solution for businesses of all sizes. Its services include supply chain management, service automation, order and billing, financial management, and others. The software was designed and launched by FinancialForce.com headquartered in California, United States.

Average Rating -

The rating of FinancialForce ERP is 3.3 stars out of 5. The rating is based on ITQlick expert review.

Typical Customers

Customers of the software include businesses of all sizes and a variety of types. Major industries where it has been deployed include retail and wholesale, financial services, transportation and communication, automation and manufacturing, technology, government, and others. Some major customers of the software include WhiteSprings, All Traffic Solutions, and CyberSafe Ltd etc.

Features

The software offers cloud based financial management capabilities of accounting, revenue recognition, spending management, and fixed asset management. Opportunities, cases, orders, and timecards can be quickly turned into invoices with a single click. The software also offers ordering and billing capabilities of advanced quoting, contract management, recurring billing, and media billing.

FinancialForce ERP features human capital management services of benefits management, recruiting and talent management, and time and attendance. Core supply chain management facilities of the software include order fulfillment, price quote configuration, contract management, inventory management, and supplier management. It also offers business automation features of resource management, project management, project accounting, and services resource planning etc.

FinancialForce ERP 4 Pros

  • The software is easy to use for most users
  • The solution can be used to monitor various company activities using one dashboard
  • The customer support that is available in the solution is good and at most times it is available
  • Affordable price

FinancialForce ERP 2 Cons

  • The price of the solution is high such that most people cannot afford it
  • The software cannot be integrated with other existing or new apps

Competitors & Alternatives

The main competitors for FinancialForce ERP are Netsuite and Sage ERP X3.

Netsuite is a cloud based ERP solution that includes the core features of financial management, supply chain & inventory control, as well as purchasing & ordering. There are also options for CRM as well as a SuiteCommerce module to address online shopping via e-commerce based web stores for both business to business and business to customer transactions. The product also supports professional services automation which includes project management & accounting along with resource management.

In comparison FinancialForce ERP is built using the Salesforce platform and includes its CRM solution as well as collaboration features using its Chatter social network. Additionally the product is workflow based, supports mobile devices and provides access to the AppExchange which is a library of add on functionality to enhance the product. FinancialForce ERP is modular so a customer can choose functions based on requirements and in addition to NetSuite’s features also provides Human Capital Management as part of its portfolio.

Then there is Sage ERP X3 which includes dedicated modules for manufacturing and customer service unlike FinancialForce ERP. The product includes Microsoft Office integration to handle regular business processing requirements and provides intelligence tools with dashboards for performance & operational monitoring, with integration options to SAP Business Objects as well. Sage ERP X3 also supports business requirements customization.

FinancialForce ERP however is a cloud based solution and also includes customization options. Additionally it provides an API for integration to other customer applications and utilizes Salesforce Analytics for its business intelligence requirements.

FinancialForce ERP Pricing Information

The cost of license starting from $9,000 per year. The experts at ITQlick has reviewed FinancialForce ERP pricing and gave the software a total cost of ownership (TCO) rating of 3 out of 10. Custom price cost for your business is available upon request.

Questions to ask the vendor during a demo

Schedule a demo and access 25 must ask questions for the vendor while watching FinancialForce ERP in action

FinancialForce ERP Categories

Budgeting & CPM
Time & Expense
Procurement
Project Management
Project Budgeting
Project Portfolio Management
Project Resource Management
Time Tracking
Supply Chain
Asset management
Recurring Billing
Billing & Invoicing

Specifications

Company:
Address: San Francisco, CA 94105
Website:https://www.financialforce.com/cloud-erp-software-apps/
Customers: Small business, Medium business
Business Area: Cross Business Areas
Platforms: Desktop, Mobile, Cloud
Operating Systems: Mac OS, Windows, Linux

FinancialForce ERP Features

Budget & Expense Management
Project Management
Resource Management
Project Portfolio Management
Expense Management
Time Tracking
Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Purchase Orders
Financial reporting
Payment Management
Recurring Invoices
Time and Expense Tracking

FinancialForce ERP Vs. Alternatives

ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100 score, based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 score, based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Hosting
Functionality score
Fit small business
Fit medium business
Fit large business
Software review
Compare
FinancialForce
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
84/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
3/10
License pricing license pricing (if provided by the software vendor)
$9,000 per year
Hosting
On premise and Cloud
Functionality score
41
Fit small business
Fit medium business
Fit large business
Software review
SAP
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
97/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
10/10
License pricing license pricing (if provided by the software vendor)
$94 per user/month
Hosting
On premise and Cloud
Functionality score
44
Fit small business
Fit medium business
Fit large business
Software review
Global
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
93/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
4.6/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Hosting
On premise and Cloud
Functionality score
67
Fit small business
Fit medium business
Fit large business
Software review
NetSuite
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
93/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
4.6/10
License pricing license pricing (if provided by the software vendor)
$499 per month
Hosting
On premise and Cloud
Functionality score
18
Fit small business
Fit medium business
Fit large business
Software review
OptiProERP
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
92/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2/10
License pricing license pricing (if provided by the software vendor)
$700 per license
Hosting
On premise and Cloud
Functionality score
26
Fit small business
Fit medium business
Fit large business
Software review