FinancialForce offers cloud-based ERP and professional services automation (PSA) software. The company targets midsize and larger services companies, especially those that provide professional services (such as consultants or field service organizations) as well as those that offer subscription-based or recurring revenue services and products. FinancialForce’s key point of differentiation is that it is built natively on the Salesforce platform, ensuring that CRM data is already located on the...
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Topics:
Office of Finance,
Business Planning,
Digital Commerce,
ERP and Continuous Accounting,
Subscription Management,
digital finance,
Revenue Management,
Revenue, Lease and Tax Accounting
The subscription and recurring revenue business models became a significant part of the economy this century with the advent of streaming services for entertainment and software as a service. They have grown in popularity because they enhance customer lifetime value by evolving what had previously been a one-time-sale relationship into a delivery of ongoing services which can create a more loyal customer relationship as well as provide a regular, more predictable revenue stream. I recommend...
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Topics:
Office of Finance,
Financial Performance Management,
ERP and Continuous Accounting,
digital finance
Ventana Research recently announced its 2023 research agenda for Operations and Supply Chain, continuing the guidance we’ve offered for nearly two decades to help organizations across industries derive optimal value and improved outcomes from business technology.
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Topics:
Continuous Planning,
Product Information Management,
Operations & Supply Chain,
Enterprise Resource Planning,
continuous supply chain,
supplier relationship management,
Property Technology
Ventana Research recently announced its 2023 Market Agenda for the Office of Finance, continuing the guidance we have provided since 2003 on the practical use of technology for the finance and accounting department. Our insights and best practices aim to enable organizations to operate with agility and resiliency, improving performance and delivering greater value as a strategic partner.
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Topics:
Office of Finance,
Business Planning,
Financial Performance Management,
ERP and Continuous Accounting,
digital finance,
profitability management,
Revenue, Lease and Tax Accounting
A professional services automation application marries front- and back-office functions, helping services organizations address core business challenges by ensuring that:
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Topics:
Office of Finance,
Financial Performance Management,
ERP and Continuous Accounting
Vertical strategies for enterprise resource planning systems are not new. They emerged more than two decades ago as vendors looked for ways to reduce costs and shorten time-to-value in a software category that was notorious for high costs and extended timelines. A vertical-plus strategy – the plus means it’s a platform, not just an application – takes advantage of recently available technology to extend the ease of implementation and maintenance of the system by having deeper integration with...
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Topics:
Office of Finance,
Cloud Computing,
ERP and Continuous Accounting,
digital finance,
AI & Machine Learning