Interoperability between HCM, PSA, Financial Management and CRM improves hiring, retention and increases financial and project resource predictability within growing organizations
FinancialForce, the leading cloud ERP provider on the Salesforce Platform, today showcased how customers are succeeding with FinancialForce Peoplecasting, the unique interoperability between Salesforce CRM, FinancialForce Human Capital Management (HCM), FinancialForce Professional Services Automation (PSA) and FinancialForce Financial Management applications. First announced at the 2015 HR Technology Conference in Las Vegas, FinancialForce Peoplecasting has become a critical component of how growing organizations forecast, hire, empower and retain their people.
Businesses today are challenged to increase profits and improve customer success metrics, all while minimizing budgets and resources. Retaining and engaging talent has become more important yet more difficult than ever before, especially in service-centric industries. When people are an organization’s key product — whether they are in services, sales or finance — finding a balance between maximizing employees’ utilization (a main component of business models) and also keeping them satisfied and engaged can be a key factor to growth, pending the right systems are in place.
FinancialForce Peoplecasting bridges the visibility gap between sales, services, HR and finance, giving businesses the power of instant insight for resource forecasting, strategic hiring and predicting future spend. FinancialForce Peoplecasting also impacts an employee’s overall experience because all applications are seamlessly connected on the Salesforce Platform. Benefits include:
Smarter decisions – By having visibility into Salesforce CRM and FinancialForce applications, businesses have all the real-time analytics they need to make smart, insightful business decisions that directly impact company and customer success. With data centralized in one location, organizations can quickly connect the dots between what’s in the sales pipeline, who they need to hire and when to hire them.
Financial predictability – With FinancialForce Financial Management also connected to FinancialForce PSA and FinancialForce HCM, finance now has immediate context for approving hires and overall forecasting.
Employee retention and engagement – Because employees are being accurately utilized, they feel more empowered and valued than if they were over- or under-utilized. With all data housed in the same platform, employee onboarding, training and continued experience is faster, mobile and highly transparent.
One system of record – Employee and project data are no longer cobbled together from multiple systems. Managers not only have all employee data in one place, but are now able to map skillsets to projects, plan training schedules, track performance and goals, manage schedules and vacation—all from a single system.