FinancialForce QuickStart

Now it’s even quicker and easier for any organization to get up and running with FinancialForce Accounting, thanks to our new 10-step QuickStart app.:

• easier for larger groups to “clone” and adapt existing companies
• easier for smaller businesses to set up new company accounts.

This new wizard-driven approach to setup can reduce the time – by up to 75% – that it takes to create and refine your accounts structure; even if you’ve never designed a chart of accounts before.

Talking your language

QuickStart will be particularly helpful to smaller organizations, which may not have as much technical or accounting knowledge available in house. It simplifies the initial stages of creating your accounts structure, by automating and breaking the process down into easier steps that relate to how your business operates, rather than using detailed accounting or software terms that you may not be familiar with.

Ready-made accounts

Setting-up FinancialForce Accounting has never been easier. QuickStart provides straightforward, pre-defined steps for each stage. If you don’t already have any companies set up in your accounts, you can choose from a range of ready-made chart-of-accounts structures, to use as a base for yours. In addition to a generic company template, there are also sector-based templates for an even closer match to your operations and focus, including:

• IT/High Tech
• Professional Services
• Media
• Medical Services.

For example, the Professional Services template will enable users to account for specific aspects of their business, such as consulting revenue, whereas the Media template would focus on different aspects, such as advertising sales.

Screenshot: (Step 7 of 10) Preview chart of accounts, allows you to preview the standard chart of accounts for your chosen industry and further refine your choice.

Saving you time

QuickStart massively accelerates the initial chart of accounts setup for each company – it makes it possible to complete most of the basic work in just 15 minutes, followed by a number of more comprehensive setup steps for specific areas (such as your bank accounts, exchange rates and accounting periods), which will typically take around three hours. The result can be a time saving of 50%-75%, compared to the previous fully manual setup procedures.

Responding to your needs

QuickStart is another great example of how FinancialForce.com’s online accounting model enables us to respond swiftly and effectively to feedback from our customers. While many smaller businesses have seized on the opportunity to access more comprehensive SaaS accounting tools, those with relatively small finance departments have sometimes struggled to understand some of the accounting requirements, when setting up their chart of accounts. Now – thanks to QuickStart – they can be set up and using our user-friendly online accounting application within hours; without getting bogged down in the more technical aspects “behind the scenes”.

You can also read more feature spotlights - detailing some of the many other advantages of being a FinancialForce.com customer.