Compare Netsuite HR and FinancialForce HCM - Jun 2022

Shlomi Lavi

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Bottom Line: Which is Better - Netsuite HR or FinancialForce HCM?

Netsuite HR is more expensive to implement (TCO) than FinancialForce HCM, and Netsuite HR is rated higher (95/100) than FinancialForce HCM (92/100). Netsuite HR offers users more features (12) than FinancialForce HCM (5).

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:

TribeHR Vs. Financial Force

TribeHR: TribeHR is an exciting development in the world of human resource management: our innovative features let your company focus more on what you do best, and less on the things that get in your way.TribeHR is a new breed of HRIS. It combines the best of HR information management with innovative social features like peer and public recognition, shared ...

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? Netsuite HR or FinancialForce HCM?

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 Netsuite HR and FinancialForce HCM.

Netsuite HR price starts at $5 per employee/month , On a scale between 1 to 10 TribeHR is rated 4, which is lower than the average cost of Human Resources software. FinancialForce HCM price starts at $9,000 per year , When comparing FinancialForce HCM to its competitors, the software is rated 2 - much lower than the average Human Resources software cost.

Bottom line: Netsuite HR is more expensive than FinancialForce HCM.

Which software includes more/better features?

We've compared Netsuite HR Vs. FinancialForce HCM based on some of the most important and required Human Resources features.

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

FinancialForce HCM: HR Management, Payroll, Performance Record, Recruiting, Timesheet.

Target customer size

Netsuite HR offers standard features such as applicant tracking and goal management for small and medium based companies, but may not be suited for big enterprises with hundreds of employees. 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.