FinancialForce PSA Reviews & Product Details

We are much more easily able to resolve resource capacity as well as how much time our resources are spending across both billable and non-billable engagements. We're able to track project efficiency, both in duration and cost margins, too, And finally, we have great data on how many engagements we're completing annually as well as our ability to speed up implementation times. We're able to track our managed services engagements to see monthly hourly spend, too. Review collected by and hosted on G2.com.

Take the time to: 1) really understand what FF PSA can do, and 2) re-imagine your business processes in a way that really takes advantage of what the tool can provide. Don't just try to replicate what you have today within the system. Review collected by and hosted on G2.com.

FF PSA is currently solving the issue of seeing individual business entities while also combining data into a single top level view of the overall company health. One of the main benefits from using FF PSA across our different businesses, is easier resource sharing. Review collected by and hosted on G2.com.

Assignments, Casting, Delivery Milestones, Project Extensions, Project Management, Resource Demand, Resource Management, Resource Requests, Skills Management, Timecards, Utilization.

Easier to collaborate and share data, and report on data. Easier to mine the data for alerts and action items. Able to connect data together in coherent workflows which were not possible before because different business units owned/controlled the data. Review collected by and hosted on G2.com.

It brings together a lot of functionality into one location which is great. And particularly in my role helps with project auditing. Review collected by and hosted on G2.com.

Automating very manual resource allocations processes and getting better with forecasting activity, revenue, and understand project margins better. Review collected by and hosted on G2.com.

We utilized a third party implementation partner (CLD Partners) and we feel this was a wise decision (money well-spent). Our deployment went very smoothly, and the time it took us to stand up a production-ready tool was greatly improved as result of partnering with an experienced partner. I would strongly recommend leveraging the services of a partner + the tools and resources provided by your deployment partner in the interest of familiarizing the Admin staff during the deployment, as well as training your users quickly, etc. Review collected by and hosted on G2.com.

PS management, fields services + integrations with other easily business processes already in Salesforce.com Review collected by and hosted on G2.com.

When we complete our full deployment of Financial Force, we expect to realize all of these benefits and more (the following was prepared as an introduction of Financial Force to executive decision makers at Thomson Reuters):

Resource Management will allow us to forecast, plan, and manage resources to increase billable utilization. Forecasting includes viewing projects in the pipeline to assess necessary skills and deliver the right project team at the right time. Resource planning will show us all aspects of the PS resources (project time, PTO, non-billable time) to optimize staffing decisions. Smart capacity planning with a view of the backlog (sold projects not yet completed) and forward-looking views of the sales pipeline so we can address gaps between supply and demand before they occur. Today we rely on MS Excel and email and can only perform rudimentary resource management.

Sales & Services Collaboration means we can work as one team through the entire sales lifecycle. Services can partner with Sales to create accurate forecasts, timely services estimates, and manage customer expectations before a deal is signed. Once sold, stronger collaboration will ensure a smooth handoff from sales to services for delivery. Today, any collaboration is all via email and phone calls.

Project Management is at the core of Financial Force allowing us to holistically manage our service delivery to clients by providing a single view of every project to keep them on track, on budget and delivered with the highest quality. The system will provide a platform to deploy our global implementation methodology, define structured KPIs and standardize across the entire PS team globally. Today, Project Management is done ad hoc or via a variety of one-off tools across the segments, with primary being MS Excel and information lagging real-time need. For projects involving partners or contractors, we would be able to grant them access to the specific project they should be able to see for direct time entry and project documentation. We have nothing like this today.

Project Financials include powerful forecasting and analytics tools that will give us more control and predictability around the financial components of every project (budgets, estimates, costs, bookings, billings, revenue recognition). We will be able to create one or more budgets for each project and track actual time & expenses against that budget. We will have multiple currency support which will allow us to feed billing data directly into SAP4Hana. Today, we only have project financial data after the fact and too late to take corrective actions with customers about scope changes. Much of the financial data is collected manually via MS Excel and is error-prone accordingly.

Time & Expense Management is highly configurable and easy to use, which will speed up time entry and approvals as well as provide fast identification and correction for missing time. Mobile device apps for time entry and approvals will facilitate compliance by staff. Today’s SAP PSA system is a dated, error-prone tool that requires significant back-end administration on simple tasks such as time management.

Forecasting, Reporting & Analytics will allow us to easily surface and manage our KPI’s across all projects and resources. Using Salesforce Einstein Analytics will allow us deep visibility and insights into billings, backlog, capacity, and utilization. Combining these analytics will increase predictability with clear views into all data points to help us grow the PS business. Today, we rely on data exports into MS Excel models and process items manually in a fire-drill fashion; We lack the information that is needed to make real-time decisions for the PS business. Review collected by and hosted on G2.com.

I recommend it because it is very vital to maintain a financial order system in this way it is possible to keep the company stable without any inconvenience, in addition to the entire system it has automatic tools to find errors or risks, it seems very useful, I recommend it. Review collected by and hosted on G2.com.

Common problems within the company, such as maintaining a financial order, when the company is at high sales points, as in any company, it is essential to maintain an organized system where it is possible to observe positive and negative capital, and it is also very important to visualize the monitors for any financial movement, on the other hand, audits are key points and Financial PSA meets that objective and solves the problem with tools that have been very valuable and useful, when using them for the payment of employees, network services, up to Now the tools have been amazing. Review collected by and hosted on G2.com.

There are different software that allow auditing, however this offers us to maintain financial control but its tools are more extensive and the risk factor is the most useful and the number of processes or projects that we can carry out without harming the economy means that software is relevant, I recommend it. Review collected by and hosted on G2.com.

Problem as in any company economically, so before reaching a point of problems, we have decided to look for a system that manages to address the economy of the company in this way the areas remain stable and united because the financial system is stable In addition to having control and the flow of money in and out, I am happy that it minimizes the risks. Review collected by and hosted on G2.com.

I use it for Resource Management, so I am solving problems such as viewing our billable utilization metrics, seeing which resources have upcoming available time, viewing and filling open resource requests, viewing skillset matches and more. Review collected by and hosted on G2.com.

With FinancialForce PSA we can manage our team, projects, time tracking & financials all in one integrated services app. Review collected by and hosted on G2.com.

We are using FinancialForce for estimating our expense reports incorporated within our company as compared to other programs FinancialForce is simpler to use and is a pretty straight forward product for the management of the expenses. Through FinancialForce, we can file and compile the data side by side easily. It is highly recommended as it is easy to use and improve employee efficiency and reduce the scope of error Review collected by and hosted on G2.com.

I would recommend this software to others because FinancialForce helps us in many ways as it saves time to gather all data in one file. It also increases productivity for every small and big company. Review collected by and hosted on G2.com.

FinancialForce helps us in many ways as it saves time to gather all data in one file. It also increases productivity for every small and big company. With the help of this software, all company can work like one team as all data will be collaborated and can be shared with everyone such as goals, initiatives, targets, performances etc. Several modules can be combined like financial and productivity depending on which specific pricing can be calculated. Review collected by and hosted on G2.com.

This is wonderful tool that puts all our organization on the same page. It is very easy to use and configured. I would highly recommend this software to all the customers or clients. Review collected by and hosted on G2.com.

FinancialForce PSA gives us unlimited benefits. It allows both sales and accounts related materials in one place. It helps us to pull reports, manage my budget, report timing and team expenses. It helps the user to get important information that he needs. It has highly collaborative culture. It is also available in our mobile as an app. It provides lots of automation which helps us to make simpler the utilization calculation. It offers the visibility to the entire organization. In one word it able to manage the overall project of an organization. Review collected by and hosted on G2.com.

Esto es recomendable porque es importante que la gestión sea estable y no tenga desventajas. Review collected by and hosted on G2.com.

Los problemas internos generales, como el mantenimiento del orden financiero durante los picos de ventas, son los mismos en todas las empresas. Es importante mantener un sistema organizado en el que sean visibles tanto las existencias positivas como las negativas, y es igualmente importante que todos los movimientos financieros se muestren en el monitor. Review collected by and hosted on G2.com.

Understand all about the licenses (check if you really need the number of certain types, what each type of licenses can do etc), because is something affect directly in the price of the software and the contract can't be change until it ends (speaking about a downgrade). Review collected by and hosted on G2.com.

We use PSA to manage our projects. With PSA we can make everything easier to control, to check status and the progress of our projects (billings, expenses, profit etc). Review collected by and hosted on G2.com.

With FinancialForce, you are able to deal with finances, time tracking, projects, and your teams in one integrated service application. Review collected by and hosted on G2.com.

We use FinancialForce to evaluate expense accounts that are actually a part of our business when compared with other programs; FinancialForce is a lot easier to be using it and is rather a simple cost management product. Review collected by and hosted on G2.com.

With FinancialForce PSA, we are able to deal with our finances, time, projects, and team in a single integrated service program. Review collected by and hosted on G2.com.

We use FinancialForce to assess our company's incorporated expense accounts, in comparison to other programs.FinancialForce is actually very easy to utilize and it is a quite simple price management item. With FinancialForce, we are able to effortlessly store as well as compile information. Hugely suggested as it's so easy to use, improves worker efficiency and also lowers mistakes. Review collected by and hosted on G2.com.

Get an experienced implementation partner and learn as much as you can during that process. Hire or appoint at least 1 employee (could be more for large companies) who's sole role is to function as admin and remain on top of releases/updates and reviewing current processes. Review collected by and hosted on G2.com.

Overall streamlined project/resource management. Review collected by and hosted on G2.com.

We are solving for utilization reporting, project backlog management, resource management, timecard management, and revenue recognition. Review collected by and hosted on G2.com.

It works correctly, your system meets the objectives offered by the characteristics, it also offers the freedom to carry out strategic tests to know to what level we can test with the company, I am happy with the results, I recommend it. Review collected by and hosted on G2.com.

I love it because I was able to carry out audits in a simple way as well as carry out strategies or it also allows me to review sales or know how they will go with future sales, and I am happy because their tools are very comprehensive, useful and necessary, it is economic and takes care of our economy. Review collected by and hosted on G2.com.