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Monday 08 April 2019

*New Research* FinancialForce: demand patterns, plans and resellers

logoFinancialForce delivered 37% revenue growth in EMEA during 2018 and Q418 growth was 96% up on the year ago quarter. Globally, total recurring revenue is north of $100m. Clearly there is demand for the Cloud ERP and Professional Services Automation (PSA) provider’s products. The challenge will be sustaining growth levels. We met with CEO Tod Nielsen and EMEA VP and GM James Stirk to talk through demand patterns and plans.

The UK is a significant market for XaaS FinancialForce and while unable to share hard numbers, CEO Tod Nielsen confirmed it was on high growth trajectory during 2018. And the company is investing here – it extended its Harrogate offices during 2018 and is staffing up, including adding vertical industry specialists. Across EMEA demand for ERP and PSA is fairly balanced, with particular demand for PSA from the enterprise sector. In the UK, cloud ERP is in demand, especially among mid-sized organisations.

logoKeeping his ear to the ground is important for Nielsen and to that end he has met with well over 300 customers and prospects during 2018 so has a good take on what’s needed, what works and what has yet to take off. Check out FinancialForce: demand patterns, plans and resellers in HotViewsExtra for further insight. 

Posted by Angela Eager at '10:18' - Tagged: erp   saas   cloud   software  

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