Compare Eddy and FinancialForce HCM - Mar 2022

Shlomi Lavi

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

FinancialForce HCM is more expensive to implement (TCO) than Eddy, and Eddy is rated higher (95/100) than FinancialForce HCM (92/100). Both tools offer the same amount of features.

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:

Eddy Vs. Financial Force

Eddy: Eddy is an easy-to-use human resources assistant for small to midsize businesses who don’t have the time to manage the many facets of the HR world. Eddy’s features include an applicant tracking system, a centralized employee database, and a customizable hiring process that is as unique as your brand’s voice. Lose your paper trail with digital on-bo...

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? Eddy 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 Eddy and FinancialForce HCM.

Eddy price starts at $8 per employee/month , On a scale between 1 to 10 Eddy is rated 2, which is much 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: Eddy cost is around the same cost of FinancialForce HCM.

Which software includes more/better features?

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

Eddy: Workflow, Employee Onboarding, Applicant Tracking, Recruiting Management, Product Lifecycle Management.

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

Target customer size

Eddy's typical customers include: Small businesses and start ups, 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.