FinancialForce SCM 2019 Review

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Last updated: Jul 03, 2019

FinancialForce SCM Review

ITQlick rating
(4/5)

Small business, Medium business

FinancialForce SCM is a cloud-based or on-premise supply chain management solution for small to large enterprises. Its key features cycle count, power management, project management, quote management, shipping ...

  • Categories (4/9):

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

Watch FinancialForce SCM Video:


What is FinancialForce SCM? Updated: Jul 03, 2019

FinancialForce SCM is a cloud-based or on-premise supply chain management solution for small to large enterprises. Its key features cycle count, power management, project management, quote management, shipping management, and spend control. This software was created by FinancialForce which was founded in 2009. It is based in San Francisco, California and is operated by up to 1,000 employees.

FinancialForce SCM Average Rating -

The rating of FinancialForce SCM is 4 stars. The rating is based on ITQlick expert review

FinancialForce SCM Typical Customers

Customers of the software mainly consist of small and medium businesses. It can be deployed in such industries as IT services, technology and software development, financial services, automation and manufacturing, retail and wholesale, and others. Some notable clients of the software include IGX Global, All Traffic Solutions, and CloudSense etc.

FinancialForce SCM Features

FinancialForce SCM offers the unique capability of managing multiple fulfillment models in a single system. It offers order capturing with electronic data interchange and integration. For simplification of tax management, the software offers Avalara AvaTax integration. It also offers comprehensive inventory visibility form the procurement to the delivery stage. On-condition inventory can be tracked and procurements can be analyzed down to the serial-number level.

FinancialForce SCM facilitates automation of purchase orders and enforcement of customized spend policies. It also tracks overdue customer balances and disputed invoices. Other important capabilities include contract management, recurring and non-recurring revenue management, proactive notifications, and 360-degree view of supplier performance.

FinancialForce SCM 4 Pros

  • Highly customizable and flexible
  • Complete with basic to advanced features needed for a supply chain management software
  • Multi-currency and multi-language
  • Affordable price

FinancialForce SCM 2 Cons

  • Complex user-interface
  • No CRM integration

FinancialForce SCM Alternatives

Infoplus is a WMS and inventory management solution for small to medium companies available at the same price range as FinancialForce SCM. Infoplus is web-based and available as iOS and Android app whereas FinancialForce SCM is web-based and supports Windows devices. Infoplus has similar inventory management, receiving, order management, real-time status updates, warehouse management, and shipping management features as FinancialForce SCM.

However, Infoplus has no quote management and tax management functions that FinancialForce SCM offers. Both have high vendor reputation online but FinancialForce SCM is a more beneficial supply chain management solution. SkuVault is cloud-based inventory management and WMS software for the same business size as FinancialForce SCM.

SkuVault pricing is at the same range as FinancialForce SCM. SkuVault is web-based and has an iOS and Android app version. SkuVault has inventory management, shipping management, order processing, purchase management, and cycle counting. SkuVault has CRM, eCommerce, ERP, accounting integrations whereas FinancialForce SCM has tax management, eCommerce, FedEx, UPS, USPS, and DHL integrations. Both have excellent customer review ratings online and but FinancialForce SCM is a more comprehensive SCM software than SkuVault.

FinancialForce SCM Pricing Information

FinancialForce SCM pricing is below the average cost of supply chain management software. It has the ability to give real-time reports and monitor entire supply chain processes. It allows users to streamline accurate order tracking. Its quote management features can easily produce price and quotes for new customers and process orders using Electronic Data Interchange (EDI).

It also has warehouse management and drop ship fulfillment capabilities for the sales order. It has tax management (AvaTax by Avalara) and e-commerce, FedEx, UPS, USPS, and DHL integration. It streamlines multi-channel sales and manages service contracts and subscription. It has direct and indirect spend cost control and procurement to fulfillment visibility.

FinancialForce SCM demo

25 questions to ask the vendor on FinancialForce SCM demo

Is FinancialForce SCM the right software for me?

FinancialForce SCM is beneficial for small to medium companies looking for seamless procurement and supply chain solutions. FinancialForce SCM is widely used in different industries like technology and software development, automation and manufacturing, IT services, and retail and wholesale. Among its known clients are Hyland, Redhat, Avid, Seagate, Salesforce, and Methods.

FinancialForce SCM Categories

Time & Expense
Budgeting & Forecasting
Procurement
Project Management
Project Budgeting
Project Portfolio Management
Project Resource Management
Time Tracking
Supply Chain

Specifications

Company:
Address: San Francisco, CA 94105
Website:FinancialForce SCM
Customers: Small business, Medium business
Business Area: Cross Business Areas
Platforms: Desktop, Mobile, Cloud
Operating Systems: Mac OS, Windows, Linux

FinancialForce SCM Features

Budget & Expense Management
Project Management
Resource Management
Project Portfolio Management
Expense Management
Time Tracking
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FinancialForce SCM 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
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Fit small business
Fit medium business
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