FinancialForce.com today announced that dmg media, has selected FinancialForce Accounts Receivable to replace its existing accounting software system, consolidating functionality and streamlining the order-to-cash process.
dmg media, home to the Daily Mail, MailOnline, The Mail on Sunday, Metro and Wowcher, has implemented FinancialForce Accounts Receivable, a system compatible with the Salesforce App Cloud used by the group.
James Welsh, Group Finance and Operations Director, dmg media said: “We are increasingly using Salesforce App Cloud as the standard tool across our business functions, and we have selected FinancialForce.com as an accounting solution on the platform. This allows us to bring our systems into one place without reworking our financial processes.”
The switch will enable dmg media to create invoices from Salesforce opportunities in a single click, set credit terms both globally and by customer account and automatically calculate due dates and settlement discounts. It will also help the group to automatically calculate payments to invoices based on document references and amounts and to see a 360-degree view of customer’s orders, invoices, payments, deliveries, opportunities and cases in a single location.
About FinancialForce Accounts Receivable
FinancialForce Accounts Receivable ensures the opportunity to cash process is fast, efficient, accurate and optimizes cash flow. Invoices are created accurately the first time and posted in real time to the Accounts Receivable system where users have complete visibility to their customer’s credit standing alongside sales and service activity in a single location.
FinancialForce.com delivers ERP at Customer Speed™. Built on the Salesforce App Cloud, FinancialForce ERP equips customer-centric businesses with a unified platform that delivers ERP and CRM on a single cloud. Our Financial Management, Human Capital Management (HCM), Professional Services Automation (PSA), and Supply Chain Management (SCM) apps allow businesses to increase the speed at which they operate and be more responsive along every touch point of a customer's journey. Founded in 2009 and headquartered in San Francisco, FinancialForce.com is backed by leading global institutions Salesforce, Technology Crossover Ventures, Advent International and UNIT4.
About dmg media
dmg media (dmgmedia.co.uk), one of the UK’s leading media companies, is home to some of the UK’s most popular brands, including the Daily Mail, The Mail on Sunday, MailOnline, Metro, Wowcher and Elite Daily.
A DMGT plc business, dmg media’s portfolio of national newspapers, websites and mobile and tablet applications reaches more than 68% of the GB adult population each month.