FinancialForce.com reports record growth in 2014

22nd January 2015

FinancialForce.com, the cloud ERP provider on the Salesforce1 Platform, last week announced another year of record growth. In FY 2014, the company grew its subscription revenue run rate by 91 percent year-over-year, bringing its total revenue run rate to $50 million. The company also reported that its global headcount has grown by more than 80 percent year-over-year, from 250 employees at the end of FY 2013 to more than 450 at the end of FY 2014.

 

 

 

FinancialForce.com made significant investments in 2014 in growing its sales organization and has fuelled strong growth in the company’s customer base across all market segments, particularly in the enterprise. Key customer wins include AECOM, Compuware, Hewlett Packard and Manhattan Associates.

“Our success indicates that ERP is no longer just a back office application. It is now front and centre, alongside CRM, helping businesses create meaningful and positive relationships with customers and employees to grow their top and bottom lines,” said Jeremy Roche, CEO of FinancialForce.com. “We are proud of what we accomplished in 2014 and are already deep into our 2015 mission to help global businesses unclutter their ‘back office’ to delight customers and better engage employees.”

In FY 2014, FinancialForce.com expanded its management team by adding John Bonney as CFO, John Moss as General Counsel, Sam Loveland as VP of Customer Success and Charles Ashworth as VP of Employee Success. This year, the company received more than 13 industry awards including CRN’s Enterprise App Award, San Francisco Business Times’ Best Place to Work, Customer Magazine’s CRM Customer Excellence Awards, CRN’s Top 20 Cloud Vendor Award, Great Place to Work in the U.K., and Technology Services World’s Best in Show Award. FinancialForce.com celebrated its fifth anniversary in September.  

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