FinancialForce.com Takes Next Step in Global Expansion With Office in Australia

Following a Year of Record Growth, Cloud ERP Provider Expands Operations in High-Growth, Cloud-Savvy Region


SAN FRANCISCO, CA--(Marketwired - Mar 9, 2015) - FinancialForce.com, a leading cloud ERP provider on the Salesforce1 Platform, today announced that it is expanding operations in Australia and New Zealand. The company has added support and sales staff as demand for cloud applications continues to rise in the region. As part of its global growth strategy, FinancialForce.com plans to work closely with Salesforce to cultivate the region's growing interest in aligning ERP to Salesforce's Customer Success Platform, and to deepen relationships with systems integrators and ISVs to build on the significant momentum in cloud adoption.

FinancialForce.com has already added several Australian and New Zealand customers including Global Red, ChemDry, Harmoney and MailGuard. With its new office in Sydney, FinancialForce.com plans to provide local customers with 24/7 support, in addition to FinancialForce Community, the company's virtual community site for customers around the world. Additionally, FinancialForce.com has signed Pactera Technologies as an implementation partner serving mid-market and enterprise customers in North America and Asia Pacific.

"Cloud adoption in Australia and New Zealand is rapidly rising," said Jeremy Roche, CEO at FinancialForce.com. "Companies in this cloud-savvy region are realizing the need for unified CRM and ERP solutions on one platform -- the Salesforce1 Platform -- to fully achieve their customer success goals. With the front and back office aligned around the customer, businesses can support the entire customer relationship. The time is ripe for our expansion into Australia and New Zealand and we are firmly dedicated to continuous growth in this region and expect significant increase in staff during 2015."

"Salesforce has a strong presence in Australia and New Zealand, and we're excited about the growth of our partner ecosystem in the region," said Robert Wickham, RVP APAC, at Salesforce. "It's gratifying to see partners like FinancialForce.com recognizing the market's potential, and we look forward to serving our mutual customers together."

This announcement follows a banner year for FinancialForce.com, having recently reported 91 percent subscription run rate growth and a $50 million revenue run rate. It also increased its global headcount by more than 80 percent year-over-year, from 250 employees at the end of FY 2013 to more than 450 at the end of FY 2014. Recent strategic hires included John Bonney as chief financial officer and Johnny Ola as vice president of global alliances and business development.

FInancialForce.com at Salesforce World Tour Melbourne
FinancialForce.com made the announcement at the Salesforce World Tour Melbourne, a global event that brings together Salesforce experts, partners and customers to demonstrate how companies of all sizes and industries can leverage the power of the Salesforce Customer Success Platform to connect with their customers in whole new ways. With keynotes from Salesforce executives that showcase cutting-edge technology, specialized breakout sessions, live demos, and inspiring customer stories, attendees will learn how to transform how they sell, service, market, connect, analyze data and develop applications on the Salesforce1 Platform.

About FinancialForce.com
FinancialForce.com delivers ERP at Customer Speed™. Built on the Salesforce1 Platform, FinancialForce ERP equips customer-centric businesses with a unified cloud platform and all the applications necessary to grow both the top and bottom line. Our Financial Management, Human Capital Management (HCM), Professional Services Automation (PSA), and Supply Chain Management (SCM) apps allow businesses to increase the speed at which they operate and be more responsive along every touch point of a customer's journey. Founded in 2009 and headquartered in San Francisco, FinancialForce.com is backed by leading global institutions salesforce.com, Advent International and UNIT4.

To learn more please follow us on Twitter @FinancialForce, visit our Facebook page or visit http://www.financialforce.com

Contact Information:

Media Contacts:

Sandra Lo
Director of Public Relations
(415) 796-8414
slo@financialforce.com