Compare Corcentric and FinancialForce HCM - Dec 2022

Shlomi Lavi

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Bottom Line: Which is Better - Corcentric or FinancialForce HCM?

Corcentric is more expensive to implement (TCO) than FinancialForce HCM, and FinancialForce HCM is rated higher (92/100) than Corcentric (83/100). FinancialForce HCM offers users more features (5) than Corcentric (3). There is a clear winner in this case and it is FinancialForce HCM!

Looking for the right Procurement 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:

b-pack, Inc. Vs. Financial Force

b-pack, Inc.: After working 10 years for Schneider Electric, and using ERP solutions which weren't designed for purchasing and collaboration, Julien Nadaud founded b-pack in 2000. b-pack was created to help organizations reduce costs by optimizing their purchasing activities and spend management. Our flexible purchase to pay software includes sourcing, contr...

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? Corcentric or FinancialForce HCM?

The real total cost of ownership (TCO) of Procurement 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 Corcentric and FinancialForce HCM.

Corcentric accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 b-pack is rated 8, which is higher than the average cost of Procurement 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 Procurement software cost.

Bottom line: Corcentric is more expensive than FinancialForce HCM.

Which software includes more/better features?

We've compared Corcentric Vs. FinancialForce HCM based on some of the most important and required Procurement features.

Corcentric: Fixed Asset Management, Auction Management, Inventory Management.

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

Target customer size

Customers of the software include businesses of all sizes with backgrounds in a variety of major industries. 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.