FinancialForce.com Customers Offered Secure Online Bank Payment Facilities

End-to-End Online Accounting From Customer Accounts to the Bank and Back


SAN MATEO, CA and HARROGATE, UK--(Marketwire - April 28, 2010) -  FinancialForce.com, the global leader in online cloud accounting solutions built natively on the Force.com platform from salesforce.com, today announced it has extended its functionality by adding electronic processing of bank payments to its online accounting offering.

Customers will benefit from a fully automated, on-demand end-to-end payment system. Through integrations, initially with SunGard in the US, which supports check processing and banking system integration, and Albany Software in the UK, a company developing electronic payment software for Bacs payments, FinancialForce Accounting users will have one seamless system for managing customer accounts and making and receiving payments.

"These integrations are designed to make life even easier for our users and are part of a strategy that will see us extending the payment options available to our customers," said Jeremy Roche, President and CEO, FinancialForce.com. "We are delivering a full, on-demand, end-to-end solution all the way to the bank to try to take this headache away from our customers. Through a fully integrated system like this, our customers can manage payments in a secure service environment without any risk. It also means that they can encourage their customers to pay invoices quicker so they will have better cash flow and budget control."

FinancialForce.com has also added PayPal integration to its offering for users that choose to email invoices to customers, providing the option to pay an invoice online immediately and securely via PayPal.

Additional links

PayPal integration and FinancialForce.com integrated simultaneously with Facebook and PayPal illustrations:
http://developer.financialforce.com/integrations#facebook-and-paypal

FinancialForce.com recent announcements:
http://www.financialforce.com/accounting-news-events/news

About 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 was funded with an investment from 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.

Contact Information:

Media contact
Chris Ulbrich for LEWIS PR
+1 415-992-4400