FinancialForce introduces Trust sub domain - A Cloud Applications Monitoring Platform

FinancialForce Introduces TRUST sub domain - A Cloud Applications Monitoring Platform which signifies the company's longstanding commitment to trust, compliance and security completing Service Organization Control One SOC 1 Type II audit. End Quote

(1888PressRelease) January 31, 2013 - FinancialForce, the cloud applications company, today announced the availability of trust.financialforce.com, a resource for customers that describes the control processes, security, application quality and platform monitoring environment that underpin all FinancialForce.com cloud business applications. Anchored by FinancialForce.com's recent completion of Service Organization Control One (SOC 1), Type II audit, trust.financialforce.com gives answers to the toughest questions from businesses about cloud application reliability and control.

"Customers trust them to help manage their most sensitive financial information. They should not only know that they provide high quality and secure applications, they should know how. The SOC 1 Type II report provides an independent opinion on the controls that've been put in place," said Jeremy Roche, CEO of FinancialForce. "trust.financialforce.com is a symbol of our unwavering commitment to customer satisfaction and assurance leaving no stones unturned in the quest to build the highest quality cloud applications."

Built on the Salesforce Platform, FinancialForce applications inherit all the benefits of the investments made by salesforce in infrastructure, data management, controls, security and certifications including SysTrust, Truste, VeriSign Secured, Safe Harbor, SAS70 and ISO 27001. Offering an even higher level of assurance as a financial applications provider for publicly traded organizations, FinancialForce now provides customers a SOC 1 Type II report prepared by an internationally recognized Big 4 auditing firm and in accordance with Statement on Standards for Attestation Engagements (SSAE) No. 16, Reporting on Controls at a Service Organization. The audit indicated that FinancialForce's Description of Services is fairly presented, that controls put in place by FinancialForce are suitably designed to meet any control objectives and that those controls were tested and operated effectively during the audit period.

"Business leaders using cloud service providers need assurances that security, availability and the control environment are being taken seriously by the service providers," said Christine Dover, Research Director at IDC. "Completion of a SOC 1 report and the review by an independent auditing firm are not only highly recommended but an indication of vendors' commitment to trust and security, especially for cloud based services that can impact financial reporting."

trust.financialforce.com also details FinancialForce's methodical approach to ensuring highest standards in financial application controls and quality. Useful links are also provided to help customers monitor system statistics and statuses, learn about scheduled maintenance windows and how to spot potential threats. The webpage is immediately available.

About FinancialForce.com
FinancialForce is the cloud applications company. They focus 100% on building business applications for Force.com, the world's leading cloud computing platform from salesforce.com. Their applications include Accounting, Billing, Professional Services Automation (PSA) and Services Resource Planning (SRP). They serve fast-growing organizations and dynamic enterprises, helping them to align Finance, Sales and Service in a way that enables profitable growth. They are backed by two of the biggest and best players in the business, UNIT4 and salesforce.com.

To learn more please follow us on Twitter ( @ ) FinancialForce, visit our Facebook page or visit www.FinancialForce.com.

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