Shlomi Lavi /
Dec 26, 2022
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Bottom Line: Which is Better - FinancialForce HCM or BambooHR?
BambooHR is more expensive to implement (TCO) than FinancialForce HCM, and BambooHR is rated higher (97/100) than FinancialForce HCM (92/100). BambooHR offers users more features (11) than FinancialForce HCM (5). 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:
Financial Force Vs. BambooHR
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...
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' ...
Who is more expensive? FinancialForce HCM or BambooHR?
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 FinancialForce HCM and BambooHR.
FinancialForce HCM price starts at $9,000 per year , On a scale between 1 to 10 FinancialForce HCM is rated 2, which is much lower than the average cost of Human Resources software. BambooHR price starts at $5.25 per employee/month , When comparing BambooHR to its competitors, the software is rated 2 - much lower than the average Human Resources software cost.
Bottom line: FinancialForce HCM cost is around the same cost of BambooHR.
Which software includes more/better features?
We've compared FinancialForce HCM Vs. BambooHR based on some of the most important and required Human Resources features.
FinancialForce HCM: HR Management, Payroll, Performance Record, Recruiting, Timesheet.
BambooHR: Employee Self-Service, HR Management, Payroll, Performance Record, Software Customization.
Target customer size
FinancialForce HCM is best for SMBs engages in several industries, including pharmaceuticals, accounting, legal, advertising, insurance, automotive, hospitality, banking, healthcare, broadcasting, engineering, business process outsourcing, e-commerce, and engineering. BambooHR offers its intuitive online HR software to medium and small businesses.