PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: FinancialForce

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

FinancialForce Introduces Billing Central for Everything-as-a-Service Business Models - Allows Businesses to Manage the Complete “As-a-Service” Customer Lifecycle on a Single Platform from Opportunity to Renewal - Including Subscription and Usage-Based Scenarios - FinancialForce.com
FinancialForce Introduces Billing Central for Everything-as-a-Service Business Models

 

NewswireToday - /newswire/ - San Francisco, CA, United States, 2016/09/15 - Allows Businesses to Manage the Complete “As-a-Service” Customer Lifecycle on a Single Platform from Opportunity to Renewal - Including Subscription and Usage-Based Scenarios - FinancialForce.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering E-Business B2B/B2C Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

FinancialForce, the leading Cloud ERP provider on the Salesforce Platform, today announced FinancialForce Billing Central, the only cloud application that unifies billing, revenue management and accounting operations on the Salesforce Platform, building seamless processes and providing end-to-end visibility across the customer lifecycle. FinancialForce Billing Central brings organizations closer to their customers in an era of changing business models and complex customer relationships.

Modern businesses are increasingly shifting from product and single transaction sales to service and subscription models. A new survey from CFO Magazine has revealed that 70% of CFOs say more than half of their revenue now comes from services, which include professional services, subscription-based services, service-level agreements, managed services and usage-based contract. Almost one-third (28%) of the CFOs indicate all of their company’s revenues are services-related. Despite this major shift in business models, most ERP and billing systems haven’t kept pace and do not support modern customer engagement.

At the same time, the shift to services and the importance of subscription renewals have placed an even greater emphasis on how customer experience and success impact overall business growth and profitability. CFO Magazine also uncovered that approximately one-third of CFOs believe they should become more engaged in customer satisfaction, retention, and renewals (34%) and more involved in product/service development (36%).

FinancialForce Billing Central is a direct response to these changing business models and takes control of multiple sources of revenue to help organizations manage billing in one closed-looped process.

With Billing Central, FinancialForce customers will now be able to:

• Consolidate billing sources across multiple customer contract types;
• Support tiered and volume-based pricing;
• Integrate with Salesforce CRM for 360-degree customer visibility;
• Visualize the entire customer lifecycle - from opportunity to renewal;
• Leverage real time cloud reporting for revenue and customer analytics;
• Gain full audit and control of revenue sources on one platform;
• Avoid duplication of data and objects in Salesforce CRM.

A Single Customer Success Business Platform
Billing Central further enables businesses to benefit from a single cloud platform strategy and manage customer billing on the same platform that sales, services, customer support and customer success staff are using - for complete customer lifecycle visibility, from opportunity through to renewal. Operating from one platform provides a single source of business truth, improving accuracy and efficiency and reducing the dependence on costly integrations to make data available to other business applications. In addition, it allows organizations to anticipate and proactively manage customer renewal risks to better protect and predict recurring revenue streams.

“We live in an Everything-as-a-Service economy, and the enormous variability in a services economy needs more than just a system of record. Success depends on a system of intelligence,” said Ray Wang, Principal Analyst & Founder, Constellation Research. “Digital business models require a real-time view of everything from receivables, utilization, support ticketing, analytics and revenue recognition. It's no longer about how great your sales pipeline looks, but rather whether your customers are happy and your renewal base is robust.”

“The new services economy has been growing at an astounding rate, and Everything-as-a-Service (XaaS) is disrupting countless industries - from technology and applications, to goods and healthcare,” said Jeremy Roche, CEO of FinancialForce. “Yet, many cloud business systems don’t reflect this emerging business model, and require costly integrations with third party subscription billing apps and accounting solutions. The end result is a complex web of disconnected systems that replicate data and create additional headaches for the CFO. FinancialForce Billing Central enables subscription and usage-based billing from a single cloud platform and puts the customer at the very core of revenue management.”

“We see FinancialForce Billing Central as a big step forward in billing and centralized revenue management,” said Leo Mooij, Director of Operations and Back Office Systems at Raet. “As the Everything-as-a-Service trend continues to grow, we expect Billing Central will be a logical next step for companies that support usage billing and manage complex customer relationships."

About FinancialForce
Founded in 2009, ​FinancialForce (financialforce.com) is the leading Cloud ERP vendor ​with apps built entirely on the Salesforce Platform. The company’s ​Financial Management, Professional Services Automation (PSA), and Human Capital Management(HCM) offerings provide services-centric businesses with a platform that organizes sales, services, finance and HR entirely around their customers.​ ​Headquartered in San Francisco​, FinancialForce is backed by Salesforce Ventures, Technology Crossover Ventures, Advent International and UNIT4.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering E-Business B2B/B2C Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: FinancialForce

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
E-Business B2B/B2C articles,
CATCH Visitors via Your Competitors Announcements!


FinancialForce Introduces Billing Central for Everything-as-a-Service Business Models

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Press Office - FinancialForce.com 
1-866-743-2220
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any FinancialForce securities in any jurisdiction including any other companies listed or named in this release.

E-Business B2B/B2C via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From FinancialForce / Company Profile


Read E-Business B2B/B2C Most Recent Related Newswires:

Frost & Sullivan Recognizes Mambu with the 2017 Europe Growth Excellence Leadership Award
Union Savings Bank Adds Functionality, Improves Digital Access, Prepares for Growth with FIS
FIS Prepaid Solution Offers New Levels of Convenience for Lowe’s Professional Customers
FIS Completes Sale of Majority Interest in Capco Consulting Business
FIS Enhances Wealth Management Offerings with Advanced Digital Advice Solution
FIS to Sell Majority Interest in Capco Consulting Business to Clayton, Dubilier & Rice
SThree Group Accelerates Back Office Handling with FinancialForce
Ten Startup Companies Selected for Global FinTech Accelerator - Empowered by FIS
Leading European Headhunting Firms Opens New Customer Success Practice to Support SaaS Firms
FIS and The Clearing House Speed the Way to Real-Time Payments with New Incubator Service
FinancialForce Outranks Competition and Emerges as Professional Services Automation (PSA) Market Leader in Latest G2 Crowd Grid℠ for PSA
K4Connect to Speak on IoT Security at IoTFuse
Caterpillar, Inc. Selects FIS for Corporate Liquidity Solutions
Silvergate Bank Transforms its Technology, Launches New Core from FIS
FIS Powers Mirae Asset Securities’ Entrance into U.S. Financial Markets

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  MagLar, Inc.





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)