Compare ESM and FinancialForce HCM - Oct 2022

Shlomi Lavi

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

ESM is more expensive to implement (TCO) than FinancialForce HCM, and FinancialForce HCM is rated higher (92/100) than ESM (78/100). ESM offers users more features (8) than FinancialForce HCM (5).

Looking for the right Supply Chain 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:

ESM Solutions Corporation Vs. Financial Force

ESM Solutions Corporation: As the first to design integrated spend management solutions for public sector and deliver them as software as a service (SaaS-based) applications, ESM Solutions gives customers complete control of your spend through our value-based solution suite. We have been helping customers save time, money and resources for more than fifteen years with our in...

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? ESM Purchase or FinancialForce HCM?

The real total cost of ownership (TCO) of Supply Chain 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 ESM Purchase and FinancialForce HCM.

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

Bottom line: ESM Purchase is more expensive than FinancialForce HCM.

Which software includes more/better features?

We've compared ESM Vs. FinancialForce HCM based on some of the most important and required Supply Chain features.

ESM Purchase: Project Budgeting, Inventory Management, Sourcing & Procurement, Supplier Management, Auction Management, PO: Purchase orders, Compliance , Contract Management.

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

Target customer size

Customers of the software include businesses of all sizes and a variety of types. 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.