Compare factoHR Software and monday.com - Feb 2023

Shlomi LaviShlomi Lavi / Feb 28, 2023

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Bottom Line: Which is Better - factoHR Software or monday.com?

monday.com is more expensive to implement (TCO) than factoHR Software, and monday.com is rated higher (98/100) than factoHR Software (71/100). monday.com offers users more features (35) than factoHR Software (5).

Looking for the right Payroll 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:

factoHR Vs. monday.com

factoHR: factoHR is simplest fastest HR suite for generation Y workforce. It is a platform where you can develop nurture your workforce with Onboarding, HRIS,Payroll, Leave, Attendance, Goals, KRA and KPIs. factoHR online payroll software comes with SaaS base pay as you go subscription model. It enables you to optimize features vs price ratio along with add...

monday.com: Founded in 2012 and launched as an independent startup in February 2014, monday.com is a tool that transforms the way teams work together. Our mission is to help teams build a culture of transparency, empowering everyone to achieve more and be happier at work. We're obsessed with building an excellent product, and our goal is to create a tool that ...

Who is more expensive? factoHR Software or monday.com?

The real total cost of ownership (TCO) of Payroll 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 factoHR Software and monday.com.

factoHR Software price starts at $39.30 per month , On a scale between 1 to 10 factoHR Software is rated 2, which is much lower than the average cost of Payroll software. monday.com price starts at $10 per seat/month , When comparing monday.com to its competitors, the software is rated 4 - lower than the average Payroll software cost.

Bottom line: monday.com is more expensive than factoHR Software.

Which software includes more/better features?

We've compared factoHR Software Vs. monday.com based on some of the most important and required Payroll features.

factoHR Software: Benefits Administration, Employee Self-Service, HR Management, Human Resources, Payroll Tax Management.

monday.com: Basic Reports, Chat, Customizable Categories, Dashboard, HR Analytics.

Target customer size

factoHR Software's typical customers include: Small, medium and large size businesses,

Monday.



factoHR Software

ITQlick rating
(5/5)

starts at $39.30 per month

factoHR Software is a cloud based HRMS and Payroll software solution that is designed to serve businesses of various sizes and industries. Its features include Benefits Management, Compensation Management, Empl...

Categories: Human Resources, Data Analysis Tools, Performance Management, Self-Service Portal.

monday.com

ITQlick rating
(4.7/5)

starts at $10 per seat/month

monday.com is both a cloud-based as well as an on-premise software solution that was developed mainly to assist in project and team management. The software fosters team collaboration as it connects and allows ...

Categories: Fixed Asset Management, Budgeting & CPM, Strategic Planning, Business performance management, Performance Management.

Compare specifications

Compare features

factoHR Software: 5 Features

Benefits Administration
Employee Self-Service
HR Management
Human Resources
Payroll Tax Management

monday.com: 35 Features

Basic Reports
Chat
Customizable Categories
Dashboard
HR Analytics
Human Resources
Employee Onboarding
Workforce Management
Agile Project Management
Budget & Expense Management
Collaboration
Project Management
Resource Management
Task Management
Project Management
Project Collaboration
Project Planning
Project Portfolio Management
Dashboarding
Budgeting & CPM
Customer Service
Customer Relationship Management
Contract Management
Equipment Management
Project Management
Service Management
Lead Management
Expense Management
Categorizing
Collaboration Center
Team Collaboration
Lifecycle Management
Process Analysis
Business Process
IT Management
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
factoHR ...
ITQlick rating
5/5
Score
71/100
Pricing
2/10
License pricing
$39.30 per month
Functionality
16
Compare
monday.c...
ITQlick rating
4.7/5
Score
98/100
Pricing
4/10
License pricing
$10 per seat/month
Functionality
92
ADP RUN
ITQlick rating
4.5/5
Score
94/100
Pricing
2.6/10
License pricing
$59 per employee/month + $4 per employee
Functionality
18
Ascentis
ITQlick rating
4.2/5
Score
93/100
Pricing
5.8/10
License pricing
$5.40 per user/month
Functionality
32
SurePayroll
ITQlick rating
3.8/5
Score
93/100
Pricing
2.8/10
License pricing
$29.99 per month
Functionality
5

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.