FinancialForce, provider of the only modern ERP suite and the #1 professional services automation (PSA), announced its Summer 2020 Release featuring critical new capabilities to provide organizations with greater intelligence and resource visibility for today’s evolving business environment. Scheduled for general availability on July 8, the Release will help organizations make more informed decisions and successfully navigate the process of stabilizing, recovering, and growing their businesses.
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FinancialForce worked with customers to identify and introduce features in the Summer Release that solve for key challenges confronting finance and services leaders and their organizations during the COVID-19 pandemic. Top updates based on this input are all-new dashboards that leverage Salesforce Einstein analytics experience for better cash management and capacity planning for today’s resource-constrained environment.
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“Agility is essential to organizations at every stage of their response to COVID-19 and beyond,” said R “Ray” Wang, Principal Analyst and Founder, Constellation Research, Inc. “Services companies, in particular, are adopting technologies that allow them to forecast frequently, plan for alternative scenarios, and continually adjust capacity based on a range of variables.”
The Release includes two new dashboards that address these needs. The Cash Flow Forecast Dashboard will provide greater visibility into cash outflows and inflows for better cash management. The Capacity Planning and Demand Dashboard brings resource capacity together with demand to give resource managers a forward-looking view of capacity by role with the ability to drill-down to individual resources.
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