Martus & Forpoint Solutions Partnership Announcement

Martus & Forpoint Solutions Partnership Announcement

Forpoint Solutions Welcomes Martus to Its Market Place Partnership Ecosystem

Sydney, Australia – January, 2024 – Forpoint Solutions Pty Ltd, a leader in providing innovative business solutions, is excited to announce the latest addition to its Market Place Partnership Ecosystem – Martus, a cutting-edge technology provider specializing in cloud-based budgeting, forecasting, and reporting software enables organizations of any size to create, execute, and analyze their budgets in a fraction of the time it takes to set up and organize a spreadsheet. This new partnership marks a significant milestone in Forpoint Solutions’ commitment to offering comprehensive and forward-thinking solutions to its clients.

Innovative Collaboration for Enhanced Solutions

Martus brings to the partnership their technology solution that adds budgeting and forecasting to any size business with fast, uncompromised efficiency and affordable price point, complementing Forpoint Solutions’ existing range of products and services. This collaboration is set to enhance the capabilities offered to current and future clients, delivering a more robust and integrated experience.

Empowering Businesses with Advanced Technologies

The integration of Martus’s technologies into Forpoint Solutions’ ecosystem will provide businesses with access to advanced reporting tools and budgeting solutions that drive efficiency, innovation, and growth. Clients can now benefit from a broader range of options tailored to meet their unique needs in today’s dynamic market.

Commitment to Excellence and Customer Success

Forpoint Solutions Pty Ltd remains committed to its mission of enabling business success through effective technology solutions. The partnership with Martus underscores this commitment, ensuring that clients receive not just products, but complete and effective solutions that contribute to their success.

About Forpoint Solutions Pty Ltd

Forpoint Solutions Pty Ltd is an Australian company at the forefront of providing innovative business solutions to the Office of the CFO. With a focus on customer success and technology excellence, Forpoint Solutions offers a best-of-breed range of products and services designed to meet the evolving needs of the finance function across various industries.

About Martus

Martus Martus provides a cloud-based budgeting and reporting solution for non-profits and businesses. Martus customers include large churches, membership associations, Tribal organizations, foundations, health care non-profits, cultural/entertainment organizations and many others. Key benefits include rapid implementations, ease of use and affordable pricing. With more than 12,000 users around the globe and partners in the U.S., Canada, Australia, and South Africa, Martus is committed to continuously enhancing its product and services to meet the growing needs of its customers and partners.

For More Information

For more information about the partnership and how it can benefit your business, please contact:

VICTORIA | WA | SA : John Christodolou | Executive Sales |Forpoint Solutions Pty Ltd | John.christodoulou@forpoint.com.au | 0414 819 166

New South Wales | QLD | NZ : Kristie Simpson| Executive Sales |Forpoint Solutions Pty Ltd | Kristie.simpson@forpoint.com.au | 0406 242 444

 

Forpoint Brings Global Software Velixo to the ANZ Market

Forpoint Brings Global Software Velixo to the ANZ Market

Partnership announcement to bring global software company Velixo to the ANZ region with Forpoint Solutions.

Forpoint Solutions Pty Ltd Partners with Velixo in Australia/New Zealand to bring the First of a Kind Software to Customers.

Melbourne, Jan 2024 – Forpoint Solutions Pty Ltd, a leading provider of business software solutions in Australia and New Zealand, is excited to announce a landmark partnership with Velixo, a renowned innovator in Excel-based reporting solutions for cloud ERP systems. This collaboration marks the first of its kind in the region, bringing unprecedented value to businesses leveraging Sage Intacct cloud-based accounting and financial management.

This strategic partnership combines Forpoint Solutions extensive expertise in business systems and process improvement with Velixo’s cutting-edge Excel reporting technology. Together, they aim to enhance the efficiency, accuracy, and flexibility of financial reporting and analysis for businesses across Australia and New Zealand.

“Joining forces with Velixo is a significant milestone for Forpoint Solutions,” said David Shahinian, Director of Forpoint Solutions Pty Ltd. “Their advanced Excel integration for the Sage Intacct Financial Management System perfectly complements our mission to empower businesses with the best-in-class tools for financial management. This partnership is also a game-changer for our clients who have been waiting for an Excel Add-in solution with real-time access to the data in Sage Intacct.”

Velixo’s specialty in providing advanced reporting solutions for Sage Intacct will now be accessible to a broader audience, thanks to Forpoint Solutions’ established presence and expertise in the Australian and New Zealand markets. This partnership is poised to revolutionize how companies in the region utilize their systems for reporting.

“Velixo is thrilled to partner with Forpoint Solutions,” said Gabriel Michaud , President & Founder of Velixo.”Their deep understanding of the local market dynamics and business needs aligns perfectly with our vision to transform financial reporting. We are excited to see how this synergy will drive innovation and efficiency for businesses in Australia and New Zealand.”

The partnership is expected to bring several benefits to local businesses, including:

Enhanced reporting capabilities: Integrating Velixo’s Excel-based solutions with Forpoint Solutions’ Sage Intacct services will offer businesses advanced reporting tools, improving decision-making processes.

Streamlined financial processes: The collaboration aims to simplify and streamline financial operations, saving time and reducing errors.

Localized support and expertise: Combining Velixo’s technical know-how with Forpoint Solutions’ market understanding ensures customers receive tailored, efficient support.

For additional information about this partnership and how it can benefit your business, please contact:

Info@forpoint.com.au

About Velixo

Founded in 2017, Montreal, Quebec by Gabriel Michaud, a former General manager at Acumatica Labs, Velixo has grown to become a global software company with thousands of customers across the world.

The software supports a variety of other ERP software and has seen an incredible adoption by the community. Velixo serves ERP customers of every size, in every industry, by enhancing the reporting and budgeting experience of their ERP using the Velixo Excel add-in, and introducing a world of innovative features and integrations, that makes it so efficient and a no-brainer for users.

 

About Forpoint Solutions Pty Ltd

Since 2001, Forpoint have been providing best-in-class cloud solutions that enable finance teams to accelerate their Finance and Accounting systems. We select the best cloud-based solutions on the market, tailor these solutions to your unique business needs, and work with you every step of the way.  Our certified specialists are an integral part of operations delivering complex projects through our signature framework. We provide specialist consulting and support services delivered with a certified team who are experienced and dedicated to the office of the CFO.

Published by: https://cfotech.com.au/story/forpoint-solutions-velixo-partner-to-transform-financial-reporting

 

CFO Action plan for 2024

CFO Action plan for 2024

As we step into 2024, businesses are facing a landscape that is both challenging and evolving. Amidst this flux, the role of the CFO has never been more critical. From managing new financial complexities to adapting to technological advancements, CFOs are at the helm, guiding their companies through uncharted waters. Here, we explore seven key challenges businesses will encounter this year and the proactive steps you, as a CFO, can take.

1. Economic Uncertainty:

With the Australian economy’s skyrocketing interest rates in 2023, businesses face uncertainty in markets, investment, and consumer spending. While all predictions point to easing of these rate hikes in 2024, CFOs must still ensure robust financial planning, emphasizing liquidity management and flexible budgeting to navigate through potential economic downturns.

Action Plan:
  • Strengthening cash flow management and forecasting.
  • Diversifying investment and hedging strategies to mitigate risks.
  • Implementing the right software & tools for the long-term growth of the company

2. Technological Disruptions:

The rapid pace of technological innovation poses both opportunities and challenges.  CFOs also need to balance investments in new tech with the potential risks and ROI, clarity around what software when is where a reliable and trusted consulting company such as Forpoint can become invaluable.

Action Plan:
  • Investing in predictive analytics and AI for better financial decision-making.
  • Ensuring a balanced tech portfolio that aligns with long-term business goals.
  • Work with internal teams to look at existing systems and develop gap analysis and strategies for the future.

3. Regulatory Changes:

2024 brings new regulatory challenges, especially in areas like data privacy and environmental compliance. CFOs need to ensure their companies are not only compliant but also prepared for future regulatory shifts. Australian Businesses are waiting for the government to bring to an end its tightening of Monetary Policies, this will in turn raise business confidence to invest in new projects that improve efficiency.

Action Plan:
  • Collaborating with legal and compliance teams for proactive regulatory strategies.
  • Leveraging financial software to ensure compliance and streamline reporting.

4. Talent Management:

The war for talent is intensifying, especially in finance and tech sectors. CFOs must develop strategies to attract, retain, and develop top talent. Trends recognise that graduates prefer to be working with the latest technology in their roles, with a deep understanding of technology, AI and the future of technology in the industry.

Action Plan:
  • Implementing competitive compensation and benefits packages.
  • Fostering a culture of continuous learning and professional development.

5. Cybersecurity Risks:

As financial transactions increasingly go digital, the risk of cyber threats looms larger. CFOs must prioritize cybersecurity to protect financial data and maintain customer trust. It’s never been more important for the CFO to be working closely with CIO and IT departments to implement risk management strategies against cyber security attacks.

Action Plan:
  • Investing in robust cybersecurity infrastructure.
  • Regularly reviewing and updating cybersecurity protocols.

6. Sustainability and Social Responsibility:

Consumers and investors are increasingly valuing sustainability and social responsibility. CFOs should integrate these aspects into the business model to drive long-term value.

Action Plan:
  • Embedding sustainability into financial planning and reporting.
  • Aligning business practices with broader societal goals.

7. Global Supply Chain Disruptions:

Ongoing global events continue to disrupt supply chains. CFOs need to build resilient supply chain strategies that can withstand such shocks.

Action Plan:
  • Diversifying suppliers and logistics partners.
  • Implementing supply chain risk management tools.

The challenges of 2024 demand a proactive and strategic approach from CFOs.

By embracing innovation, focusing on sustainability, and prioritizing agility, CFOs can not only steer their organizations through these turbulent times but also position them for long-term success. The key lies in understanding the evolving business landscape, anticipating challenges, and adapting strategies accordingly. In doing so, CFOs will not only safeguard their companies’ present but also pave the way for a thriving, resilient future.

 

2023 Wrap-up with Forpoint’s David Shahinian

2023 Wrap-up with Forpoint’s David Shahinian

As we say farewell to another year, we take a moment at Forpoint to reflect upon the journey of 2023. While we experienced transformation and growth, the industry, faced challenging trends. This included economic uncertainty and talent shortages, which have complicated the financial forecasting process and, for some, have impacted cash flow and increased corporate debt.

At Forpoint, we’ve had quite a few highlights that have made this year stand out for us – our top picks for 2023:

· Our strengthened alliance in Australia and New Zealand with our software partners has helped secure further market share in our territory. This is so critical for stability and growth in our business, with so many solution providers and software options out there in the region. We initiated partner collaborations that brought huge success and through thought leadership opportunities.

· Earlier in 2023 we travelled to Malaysia to attend the Infor Partner event, an exciting opportunity to see what this global software had in store for the year – and they certainly didn’t fail to deliver!

· We attended Perform 23 in Chicago with our Partners Planful and hosted their CMO here in Australia, building better bonds with our clients and software partners alike.

· Sage global Partner event in Las Vegas, was a top-tier event, a real showcase of the innovative minds that bring this incredible software to life.

· Forpoint was a platinum sponsor at the Accounting Business Expo in Sydney in 2023 and will also be in the Melbourne edition coming up in March 2024

· We achieved an Elmo award for Partner excellence 🎉

· Recognising the need to better reflect our stature & experience in the marketplace, we embarked upon an refresh of the Forpoint brand and moved focus to building our owned audiences. This has been an important move to secure consistency and stability, while being able to deliver our unique viewpoint and deliver non-biased content that is for the Office of the CFO. Innovation has been the mantra and for 2024 will continue to be key to our growth.

· Witnessing our clientele expand rapidly this year has been highly encouraging, and we are delighted to welcome many new customers and many many projects delivered this past 12 months.

Circling back to the industries’ challenges from 2023, we thought it only wise to nail down David’s opinion on his insight on how 2023 compared to previous years and why the challenges are more pronounced now, more than ever before.

Q. Describe a ‘shift’ you have noticed from the start of 2023 VS now?

Cloud is mainstream, and probably has been now for several years, but even SMB businesses are clamouring to get off their legacy on-premise solutions.

There is also an increased awareness of WebServices connectors between cloud-based applications amongst our customers and prospects, leading companies to evaluate more closely multi-application best-of-breed solutions instead of a 1 stop shop. The main driver for this is the pre-built connectors which help de-risk the integration elements of implementation projects, Best of Breed 2.0

ERP vendors will continue to add functionality into their solution to match best-of-breed vendors, but they will always be playing catchup. The mainstream adoption of off-the-shelf connectors means more and more organisations will happily select multiple products in a proposal. This fits nicely with the Forpoint strategy of Best Solutions for the office of the CFO.

Q. What have we become better at? Where have we invested most time/effort to improve?

We have been working with Sage Intacct for 5 years now, and the knowledge, expertise, and comfort in dealing with this impressive software solution is winning over our clients and exceeding our delivery methods. Our implementation success is higher than ever before and our client feedback and response time is streamlined as we sharpen our collateral, resulting in quicker implementations, that are on time and on budget.

Expanding the use of Accounts Payable automation through the Zudello solution has seen the transition of a number of our customers embracing this technology to dramatically reduce the manual and time-consuming processes for invoice matching and payments.

Having an iPaas solution like DataBlend has also allowed Forpoint to deliver Integration projects. Datablend is a no-code iPaaS platform with pre-built connectors to 100’s of products including Sage Intacct, SunSystems, Zudello, Blackline, Planful, Adaptive and Elmo payroll.

Q. Any opinions on what to expect from 2024?

Watching how ArtificiaI Intelligence and Machine Learning is being incorporated into the solutions we sell has been exciting, now we will start to see the tools being released, redefining how a finance department functions and the role that the CFO plays.

The challenge will be for our consultants to learn these new technologies, and teach our clients how to best utilise and leverage..

Australian Business is also waiting for the government to bring to an end its tightening of Monetary Policies, this will in turn raise business confidence to invest in new projects that improve efficiency, bringing a more optimistic outlook for 2024 & beyond.