Compare BambooHR and FinancialForce PSA - Dec 2022

Shlomi Lavi

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Bottom Line: Which is Better - BambooHR or FinancialForce PSA?

FinancialForce PSA is more expensive to implement (TCO) than BambooHR, and BambooHR is rated higher (97/100) than FinancialForce PSA (82/100). BambooHR offers users more features (11) than FinancialForce PSA (10). There is a clear winner in this case and it is BambooHR!

Looking for the right Human Resources solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

BambooHR Vs. Financial Force

BambooHR: We're a group of hard-working and fun-loving people who are passionate about building great web-based software. Members of our team have worked for small successful companies, as well as publicly-held giants like Disney, Intuit, Intel, Novell, Omniture (an Adobe company), and HP. We're working hard to create tools that make our customers' ...

Financial Force: FinancialForce.com is the cloud applications company. We focus 100% on building business applications for Force.com, the world’s leading cloud computing platform from salesforce.com. Our applications include Accounting, Billing, Professional Services Automation (PSA) and Services Resource Planning (SRP). We serve fast-growing organizations as well...

Who is more expensive? BambooHR or FinancialForce PSA?

The real total cost of ownership (TCO) of Human Resources software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for BambooHR and FinancialForce PSA.

BambooHR price starts at $5.25 per employee/month , On a scale between 1 to 10 BambooHR is rated 2, which is much lower than the average cost of Human Resources software. FinancialForce PSA price starts at $10 per month , When comparing FinancialForce PSA to its competitors, the software is rated 8 - higher than the average Human Resources software cost.

Bottom line: FinancialForce PSA is more expensive than BambooHR.

Which software includes more/better features?

We've compared BambooHR Vs. FinancialForce PSA based on some of the most important and required Human Resources features.

BambooHR: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Employee Self-Service, HR Management, Payroll, Performance Record, Software Customization, Timesheet, Applicant Tracking, Document Management.

FinancialForce PSA: Budget & Expense Management, Collaboration, Issue Tracking, Project Management, Resource Management.

Target customer size

BambooHR offers its intuitive online HR software to medium and small businesses. This solution is aimed at companies that have a large number of professionals to manage, businesses that need to automate their entire process of interacting with customers and to manage their financial resources.