Shlomi Lavi /
Sep 29, 2022
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Bottom Line: Which is Better - Conga Novatus Contract or FinancialForce HCM?
Conga Novatus Contract is more expensive to implement (TCO) than FinancialForce HCM, and FinancialForce HCM is rated higher (92/100) than Conga Novatus Contract (80/100). Conga Novatus Contract offers users more features (24) than FinancialForce HCM (5).
Looking for the right Contract Management 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:
Conga Vs. Financial Force
Conga: Conga helps businesses get more value from their Saleforce CRM, by automating documents and accelerating sales. The Conga Suite of products, which includes Conga Composer, the #1 paid application on the Salesforce AppExchange, increases the value of the Sales Cloud by simplifying and automating data, documents, contracts and reporting. As a Salesfo...
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? Conga Novatus Contract or FinancialForce HCM?
The real total cost of ownership (TCO) of Contract Management 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 Conga Novatus Contract and FinancialForce HCM.
Conga Novatus Contract price starts at $55 per user/month , On a scale between 1 to 10 Conga Novatus Contract Management Software is rated 4, which is lower than the average cost of Contract Management 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 Contract Management software cost.
Bottom line: Conga Novatus Contract is more expensive than FinancialForce HCM.
Which software includes more/better features?
We've compared Conga Novatus Contract Vs. FinancialForce HCM based on some of the most important and required Contract Management features.
Conga Novatus Contract: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Clause Libraries, Compare Redlined Versions, Configurable Reports, Contract Deliverables, Contract Expirations, Contract Payments, Contract Renewals, Convert PDFs.
FinancialForce HCM: HR Management, Payroll, Performance Record, Recruiting, Timesheet.
Target customer size
Contracts are essential to any business as they have a direct impact on profitability. 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.