Globacap
Professional Services
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London, UK
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Globacap

Globacap invest in FinancialForce to strengthen Financial team

About Globacap

Globacap offer the only equity management software that can support its customers for the entire life cycle, from private placement and cap table management to EMI Option plans and secondary transferability, allowing its customers to go from inception of its business to exit in one simple, cost-effective solution.

Globacap’s desire was to transition from Netsuite as it didn’t provide them with the consolidation capability that they required.

Objectives

The main objective for Globacap was to have a cloud-based solution that provided multi-company and consolidation of accounts at the “touch of a button” with the ability to remove inter-company trading from their consolidation if they desired.

The other key objective for Globacap was to have a solution that provided multi-currency capability across their legal entities.

Globacap + FinancialForce

Making the switch to FinancialForce’s cloud system has vastly reduced the time required in Globacap’s ability to process multi-company consolidation and reporting.

The ability to report and invoice in multiple currencies has saved vast amount of times and improved financial visibility across the different regions. As a cloud system, FinancialForce automatically updates international legislative requirements, meaning that the Globacap team has full confidence that they are always fully compliant.

Talk to us about Financial Transformation

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