FinancialForce.com Announces Out-of-the-Box SAP Integration for Sharing Financial Data
(Market Wire Via Acquire Media NewsEdge) SAN MATEO, CA and HARROGATE, UK -- (MARKET WIRE) -- 03/23/10 --
FinancialForce.com, the global leader in online cloud accounting solutions built natively on the Force.com platform from salesforce.com, today announced that it has partnered with SKYVVA, a German specialist in SAP and salesforce.com integration, to develop an out-of-the-box solution for delivering FinancialForce Accounting data into SAP Financials.
The integration will be demonstrated for the first time at Cloudforce Frankfurt today and will offer significant benefits to a number of organizations including:
Those using FinancialForce.com to account for the salesforce.com Service Cloud to pass data into SAP. Those wanting to move subsidiaries into the cloud while maintaining use of SAP Financials at the head office. Dispersed organizations wanting to integrate franchises into the organization using SAP at the head office.
The integration will enable these companies to easily and securely pass financial data relating to opportunities, sales and work orders in the form of invoices into SAP Financials, which will record the data and produce the necessary sales and cash records. In this way, FinancialForce.com will provide out-of-the-box integration, where it will generate balanced financial transactions for business processes in the cloud and integrate that with existing on-premises technology infrastructures.
"We are being approached by a number of large organizations that are using ERP systems such as SAP, that want to quickly and easily generate financial transactions from their salesforce.com applications and present them for posting to their on-premises ERP applications," said Jeremy Roche, President and CEO of FinancialForce.com. "This is an example of creating a hybrid solution between cloud-based and on-premises applications, where the benefits of deploying in the cloud can help to quickly deliver a solution and complement existing technology infrastructures. This approach simplifies integration and ensures that all business processes are completed and accounted for, and that there are no lost transactions, such as unbilled customers. SKYVVA's expertise and integration suite built natively on Force.com has enabled FinancialForce.com to deliver a compelling integration for which we can see many different applications for a diverse range of businesses."
About FinancialForce.com - http://www.FinancialForce.com
FinancialForce.com is a unique online cloud accounting solution -- the only one to be built natively on the Force.com platform from salesforce.com. It allows finance teams of organizations using Salesforce CRM -- the world's most successful online solution -- to truly 'Speak Salesforce' in a way no other cloud accounting system can do, dramatically simplifying processes like invoicing, collecting cash and servicing customers.
As the only financial management solution that 'Speaks Salesforce,' FinancialForce.com does for finance what salesforce.com has done for CRM -- it gives organizations a complete understanding of their financial and business performance that is 100% up-to-the-minute and accurate.
FinancialForce Accounting's unique real-time design is always in balance and up to date, delivering the confidence of reliable figures from secure systems, looked after by the world's most trusted enterprise cloud computing platform. It is aimed at organizations outgrowing their original accounting applications and looking for a simple yet powerful accounting solution with the capability to support them as they expand locally and even internationally.
FinancialForce.com is backed by UNIT4 (parent company of accounting software specialist CODA) and salesforce.com. It combines CODA's 30 years of designing and building financial applications, with the salesforce.com platform's decade of dependability, availability and security.
The result is a range of cloud computing applications, including FinancialForce Accounting -- a full Software as a Service (SaaS) accounting application -- delivered on a subscription basis; the first international SaaS accounting system developed on salesforce.com's cloud computing platform, Force.com.
About SKYVVA - http://www.skyvva.com
SKYVVA is an organization based in Germany, which specializes in developing integrations between cloud applications and on-premise back office business applications, primarily SAP business applications. SKYVVA's Cloud Integration Suite is the first international integration solution developed on salesforce.com's force.com platform, the world's most trusted enterprise cloud computing platform. SKYVVA's out-of-the-box Integration Apps are delivered on a subscription basis.
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PR Manager, FinancialForce.com
T: +44 1423 537 977
M: +44 7769 671378
Bernd Jung, Managing Director
T: +49 (0) 172 814 7720
M: +49 (0) 89 2555 755 20
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