FinancialForce.com Announces Vice President of Global Alliances and Business Development

SAN FRANCISCO, CA--(Marketwired - Feb 4, 2015) - FinancialForce.com, the leading cloud ERP provider on the Salesforce1 Platform, today announced that Johnny Ola joined FinancialForce.com as vice president of global alliances and business development. In this new role, Ola will help FinancialForce.com achieve its goal of developing a world-class partner program that will help customers gain even more value from FinancialForce solutions and give them a competitive edge.

Specifically, Ola is responsible for expanding FinancialForce.com's partnerships globally with Systems Integrators, strengthening the company's strategic go-to-market alliance with salesforce.com and working closely with ISVs to deliver a best-in-class set of integrated solutions.

"FinancialForce.com has experienced explosive growth over the last year and as we build on this momentum, we are committed to making significant investments that will deliver considerably more value to our customers," said Adrian Ivanov, vice president of worldwide sales at FinancialForce.com. "Partnerships will play an integral role in helping us build and deliver the best portfolio of solutions in the industry, implemented at greater speed and with higher customer satisfaction. Johnny has a proven track record in this arena and will be a key driver in further expanding the FinancialForce.com ecosystem."

Ola brings more than 25 years of industry experience and more than 6 years in the salesforce.com ecosystem to FinancialForce.com. Most recently, he served as general manager at RemedyForce, a division of BMC Software that offers software service management solutions built on the Salesforce1 Platform. Under Ola's direction, RemedyForce became one of the fastest growing cloud solutions in the industry. During his time with BMC and RemedyForce, Ola successfully drove partnerships with leading high-tech companies including salesforce.com, Oracle, SAP, Dell and Cisco.

"Over the years, I've watched FinancialForce.com closely, admiring its growth, the strong reputation of its products and management team, and the enthusiasm and commitment of its employees," said Johnny Ola, vice president of global alliances and business development at FinancialForce.com. "The company's primary goal has always been to deliver customer speed and satisfaction, and we are going to accelerate our efforts on this front by fully enabling our partners and executing on joint engagement plans that will help us drive significant new business together. I look forward to bringing FinancialForce.com into its next phase of growth."

This announcement follows a year of record growth for FinancialForce.com. In FY 2014, the company grew its subscription revenue run rate by 91 percent year-over-year, bringing its total revenue run rate to $50 million. Additionally, the company grew 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. Key strategic hires in 2014 included John Bonney as chief financial officer and Charles Ashworth as vice president of employee success.

Ola will be based out of FinancialForce.com's San Francisco headquarters.

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.