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Best Financial Management Solution

Recognizes the best software solution that automates business accounting and money management including accounts payable/receivable, general ledger, budgeting, resource allocation, reporting, etc.

Products nominated here are eligible for the Best Operations Management Solution supercategory.

FinancialForce Accounting - FinancialForce.com

FinancialForce.com focuses 100% on building business applications for Force.com, the world’s leading cloud computing platform from salesforce.com. Its applications include Accounting, Billing, Professional Services Automation (PSA) and Services Resource Planning (SRP). Customers are able to align Finance, Sales and Service in a way that enables profitable growth.

FinancialForce Accounting is a comprehensive and innovative financial management system that takes a fresh approach to a traditional business function. The application combines the power of the Force.com cloud with a groundbreaking accounting system design. The result is an efficient and cost effective solution that goes well beyond basic bookkeeping and transaction processing, spawning a new generation of financial management applications.

Despite its ingeniously simple design, masking a highly sophisticated solution, it can scale from the smallest virtual organization to the most complex multinational organization. Regardless of a company's size, customers benefit from the application's efficiency, real-time analysis, and the lack of departmental boundaries found in traditional accounting systems.

At the application's core is an innovative accounting engine which leverages the technological and virtual workplace enabled by cloud computing, including collaboration tools like Chatter. The engine contains a central set of accounting components that are embedded in a Salesforce environment - making it the perfect financial complement to Salesforce CRM.
FinanicalForce Accounting is a multi-everything accounting system for even the most diverse or complex enterprise requirements. It includes advances like a single ledger design and a multidimensional chart of accounts which enable it to generate real-time business intelligence and shorten period closes.

Sophisticated accounting objects such a multicurrency, global tax and multicompany permeate the entire system, providing a rich and uniform user experience across all accounting functions.

FinancialForce Accounting is a simple, yet powerful, accounting application that is straightforward to learn, easy to implement and trouble-free to maintain. To see some of the in-depth functionality that FinancialForce Accounting offers, please see our demos http://www.financialforce.com/company/resources/demo-center/accounting-overview/

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    Host Analytics Corporate Performance Management Suite - Host Analytics Inc.

    Founded in 2000, Host Analytics is driving fact-based decisions throughout the organization based on sound financial justification. As the only SaaS-delivered full CPM suite, it improves budgeting, forecasting, financial consolidations, dashboarding, scorecarding, reporting & analysis. Beyond the benefits of improved decision making, in cost-reduction alone, the suite delivers > 200 % ROI 1 year.

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  • Intacct - Intacct Corporation

    Intacct is a robust cloud financial management and accounting system specifically designed to help small and midsized enterprises improve company performance and make their finance departments more productive and effective. Thousands of companies, from startups to public corporations, use Intacct to improve financial, managerial and operational reporting and analysis, streamline lead to cash cycles, shorten days sales outstanding, optimize cash management, reduce operating costs and increase business value.

    Featuring superior, deep financial applications and delivering unmatched business visibility, Intacct helps companies automate processes, reduce cycle times and speed their financial close while improving compliance and transparency. Intacct gives organizations the ability to securely view, understand and take action in response to changing business conditions — such as defining financial and operational targets, developing business plans and monitoring costs, revenue and performance.

    The Intacct financial management system includes best of breed applications for core financials and accounting, purchasing, order management and financial reporting and business intelligence. Optional applications include FAS-52 compliant multi-currency support, real-time financial consolidation and multi-entity support, sales tax management, inventory management, revenue management, project accounting and pre-packaged integration with Salesforce CRM. Delivered over the Internet via the Cloud, Intacct dramatically reduces IT and operating costs and delivers a far lower total cost of ownership than client-server financial software.

    Intacct applications are built on an open, highly scalable on-demand platform so users can easily configure all applications without programming. For example, an easy to use wizard helps companies define custom fields so they can add additional information. Smart Links, Smart Events and Smart Rules let users define actions that occur automatically, such as email alerts when a purchase order is greater than a specified dollar amount, or reaching out to another system to pull data into their Intacct financial applications.

    Designed to work well with other key business applications and pre-integrated with leaders like Salesforce CRM, Intacct encourages companies to select and deploy best of breed applications that match the way they do business. Intacct features a flexible, best of breed web services platform and easily integrates with other business systems. Nearly all functions, business processes and data structures in the applications are available via Intacct web services, which use industry standards like HTTPS and XML to communicate with external systems, both on-demand and on-premises.

    Intacct consistently delivers the highest levels of client satisfaction and success. We take pride in our extensive “Buy with Confidence” service level agreement, which shows our commitment to complete customer satisfaction. In fact, in our most recent customer survey more than 94% of respondents indicated that they would recommend Intacct to their colleagues, because Intacct offers the easiest to use, lowest risk and best value for professional financial management and accounting applications available on the market today.

    Don’t just take our word for it... see what our customers and partners have to say about why they love Intacct and how it helps them improve their business - http://us.intacct.com/videos/.

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    NetSuite - NetSuite, Inc.

    NetSuite OneWorld is the world's most deployed cloud ERP solution for global businesses. It delivers real-time global business management and financial consolidation to both mid-sized companies and divisions of enterprises, who are managing multinational and multi-subsidiary operations - at a fraction of the cost of traditional on-premise ERP solutions.

    NetSuite is used today throughout 10,000+ corporate headquarters and subsidiaries worldwide, and NetSuite OneWorld is the ERP solution of choice at some of the world's largest, most successful, and fastest growing companies. In April 2011, NetSuite became a Top 10 Financial Management Solution provider based on market share for North America, UK, and Australia, according to Gartner - and was both the only pure cloud vendor on the list and growing market share the faster than its peers.

    Global enterprises like SuccessFactors, RightNow, Jollibee Foods, Computer Associates, Knowledge Universe and more trust their global businesses to NetSuite.

    With NetSuite OneWorld, companies can easily manage multiple subsidiaries, business units and legal entities all from a single easy to deploy and manage cloud based ERP system - while also seamlessly handling different currencies, taxation rules, and reporting requirements.

    Why NetSuite OneWorld?

    *** End to End Financial Management Through to the Broader Business.
    NetSuite OneWorld provides a complete ERP system with deep functionality including core-accounting, revenue recognition management, financial planning, supply chain and inventory management, order and billing management, shipping and fulfillment, human capital management, recurring revenue management and more. NetSuite OneWorld even extends out to support CRM, PSA, and Ecommerce processes as required, while ensuring tight business process integration.

    *** Multi-Currency, Multi-Tax, Multi-National Intelligence.
    With support for over 170 currencies, translated to 15 languages, and with comprehensive support for country specific accounting standards across North America, Europe and Asia, NetSuite Oneworld enables organizations to seamlessly meet the individually needs of their local operations and easily adapt to the latest accounting standards and regulations.

    *** Real Time Financial and Operational Consolidation.
    NetSuite OneWorld accelerates financial consolidation processes with multi-currency business consolidation of financials and with real-time roll-up across accounts receivable, accounts payable, payroll, inventory, billing, invoicing and order fulfillment from local in-country operations, to the regional office, to global headquarters.

    *** Clear Visibility from Corporate to Subsidiary.
    With NetSuite OneWorld corporate and divisions gain a clear view into every level of business performance, through comprehensive financial and operational role based dashboards and real time reports, from summary to detail.

    *** Flexible Customization to Meet the Needs of Every Subsidiary.
    NetSuite OneWorld's SuiteCloud customization capabilities supports comprehensive application customization for each subsidiary to meet their own specific geographic, organizational, and industry specific needs - from a highly tailored regional website, to local business specific workflows, through to being completely tailored to an individual subsidiary's business model

    *** Designed to Meet Industry Needs.
    NetSuite OneWorld provides the key functionality to meet and adapt to unique industry requirements. Whether for global software companies with advanced revenue recognition needs, manufacturers or wholesale distributors with multi-site inventory and production, professional services organizations with disparate professional services resources and complex multi-currency client billing, or a retail/etail business with multiple channels

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    CODiE Winner

    SAP Business ByDesign Feature Pack 2.5 - SAP AG

    SAP Business ByDesign is a business management software solution designed for small or midsize businesses that want the benefits of large-scale business applications but don't need a large IT infrastructure. It's managed on-demand versus a more expensive on-premise model. Feature Pack 2.5, with specific starter packages to begin the implementation of the solution, was released in August 2010.

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  • Synygy SPM - Synygy, Inc.

    Synygy is the largest and most experienced provider of sales compensation management (SCM) and other sales performance management (SPM) software and services. Synygy SPM, its fully-integrated software suite, automates and streamlines critical operational processes in the organization, including sales compensation management, sales data management, sales reporting and analytics, sales workflow process automation, and sales performance planning, which helps drive sales force productivity

    A Rich Internet Application (RIA) that leverages the Java 2 Standard Edition (J2SE) platform and features a 100% Web-based thin-client, multi-tier architecture, Synygy SPM is:

    - Comprehensive - deepest SCM functionality and broadest set of SPM capabilities, all integrated and built on the same platform
    - Easy to configure - technical resources not required
    - Flexible - uses the same software and code base for either on-demand or on-premise deployments, which means no reconfiguring when opting for a change
    - Fast - 50-90% greater processing speeds using fewer processors

    Built around core functionality for integrating and validating diverse sets of data, administering security, creating complex rules-based and data-driven business logic, and defining real-time metrics and analytics - all without writing custom code - Synygy SPM can be configured for any sales compensation plan for any company in any industry.

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    Xactly Incent 6.0 - Xactly Corporation

    Sales are the lifeblood of any business, yet many companies rely on spreadsheets for compensation management. As compensation is often one of a company’s biggest cost centers, this is an error-prone approach that companies simply can’t afford. Xactly delivers the first 100% SaaS-based incentive compensation management solution, providing finance a clear view into sales performance and revenue.

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