adds tax automation and project management capabilities with winter ‘14 release

14th January 2014, has announced the Winter ’14 release of FinancialForce Accounting and FinancialForce PSA. With improved project management capabilities and tools to help simplify financial management on the Salesforce Platform, in its continued commitment to help companies grow the top and bottom line.




FinancialForce Accounting


The Winter ’14 release of FinancialForce Accounting streamlines and provides additional automation of a number of financial processes and activities including year-end, accounts receivable ageing, bank reconciliation, accounts payable processing and currency revaluation. Additionally, the application will now integrate with Avalara, a provider of sales tax and compliance automation services in the cloud. It is hoped this integration will enable customers to better manage complex sales and use taxes on the Salesforce Platform and will give them the option to use Avalara to track and submit tax forms and payments.


Pascal Van Dooren, EVP of sales and marketing at Avalara said, “Manually managing sales tax is difficult, expensive and time consuming - and businesses can face stiff penalties if they don’t get it right. Avalara’s software as a service offering makes sales tax compliance simple and automatic for thousands of customers every day, and we look forward to doing the same for customers. In today’s electronic world, it just doesn’t make sense to manually manage sales tax.”


FinancialForce PSA


FinancialForce PSA Winter ’14 delivers a more comprehensive resource management and project management experience for customers. Key product updates include an updated timecard interface, a time against task feature allowing customers to track time on project tasks, new Gantt chart functionality and mobile expense capabilities.


“2013 was a big year for in terms of growing our product offerings, customer base and company presence. What remains unchanged is our focus on customer feedback and making each point solution most useful, reliable and cutting edge, whether as a standalone or combined as part of an ERP suite,” said Jeremy Roche, president and CEO of “We are dedicated to rethinking possibilities for the back office cloud. This Winter ’14 release is another step towards our vision for a seamless, collaborative back office that positively impacts our customers’ top and bottom line. There is much more on the horizon this year!”


The Winter ’14 versions of FinancialForce Accounting and FinancialForce PSA are immediately available to customers as part of their subscription fee.