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FinancialForce vs Sage
June 12, 2023 | Author: Michael Stromann
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FinancialForce cloud ERP is a comprehensive and innovative financial management system that takes a fresh approach to a traditional business function. This online accounting application combines the power of the Force.com cloud with a groundbreaking accounting system design. FinancialForce Accounting is native to Salesforce CRM.
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Sage Business Cloud is the right, proven solution for mid-market customers with international ambitions and multi-national requirements. Sage Business Cloud technology is available on all leader platforms in the market with End-to-end process integrity and data consistency in your Webtop across the enterprise.
FinancialForce and Sage are both prominent providers of accounting and financial management software, but they have different strengths and target different types of businesses.
FinancialForce is a cloud-based financial management platform built on the Salesforce platform. It offers a suite of applications, including general ledger, accounts payable and receivable, financial reporting, and revenue management. FinancialForce is particularly well-suited for businesses that already use Salesforce or require a robust integration between their financial and customer relationship management systems.
Sage, on the other hand, is a well-established provider of accounting and business management software with a range of offerings tailored to different company sizes and industries. Sage offers a variety of accounting modules, including general ledger, accounts payable and receivable, inventory management, and payroll. Sage is known for its flexibility, scalability, and extensive reporting capabilities, making it a suitable choice for businesses with complex accounting needs.
See also: Top 10 Online ERP software
FinancialForce is a cloud-based financial management platform built on the Salesforce platform. It offers a suite of applications, including general ledger, accounts payable and receivable, financial reporting, and revenue management. FinancialForce is particularly well-suited for businesses that already use Salesforce or require a robust integration between their financial and customer relationship management systems.
Sage, on the other hand, is a well-established provider of accounting and business management software with a range of offerings tailored to different company sizes and industries. Sage offers a variety of accounting modules, including general ledger, accounts payable and receivable, inventory management, and payroll. Sage is known for its flexibility, scalability, and extensive reporting capabilities, making it a suitable choice for businesses with complex accounting needs.
See also: Top 10 Online ERP software
FinancialForce vs Sage in our news:
2017. Sage Group buys cloud ERP software Intacct
The Sage Group, a British enterprise software company, has announced its acquisition of cloud ERP provider Intacct for $850 million. Intacct, which competes with Financial Force, Oracle's NetSuite, and other similar solutions, revealed that it currently serves 11,000 customers with its enterprise resource planning software. Sage Group, renowned for its cloud accounting and ERP software, views this acquisition as a means to drive organic growth by attracting new customers on a larger scale. Additionally, it further strengthens Sage Group's comprehensive suite of cloud solutions, aligning with its cloud-first acquisition strategy.
2015. FinancialForce cloud ERP raises $110M to take on SAP and Oracle
FinancialForce, the cloud-based ERP solution built on the Salesforce1 platform, has announced a successful funding round, securing an additional $110 million in investment. As the cloud computing industry continues to mature, we are witnessing a growing trend of back-office functions, such as ERP, transitioning to the cloud and gaining significant traction. Traditionally, this market has been dominated by established players like SAP, Oracle, and Microsoft. However, cloud-based providers like FinancialForce and NetSuite are starting to make their presence felt. FinancialForce, in particular, stands out as an intriguing player in the field. While it positions itself as the logical ERP choice for Salesforce customers, it has also established itself as a strong offering in its own right. Leveraging the capabilities of Force.com, FinancialForce not only integrates seamlessly with Salesforce but also provides a credible and independent ERP solution.
