Compare Factorial and monday.com - Feb 2023

Shlomi LaviShlomi Lavi / Feb 28, 2023

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

monday.com is more expensive to implement (TCO) than Factorial, and monday.com is rated higher (98/100) than Factorial (75/100). monday.com offers users more features (35) than Factorial (5).

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:

Factorial Vs. monday.com

Factorial: Automate your HR chores, reduce mistakes, and gain insights into your organization.

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? Factorial or monday.com?

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 Factorial and monday.com.

Factorial price starts at $115 per month , On a scale between 1 to 10 Factorial is rated 2, which is much lower than the average cost of Human Resources 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 Human Resources software cost.

Bottom line: monday.com is more expensive than Factorial.

Which software includes more/better features?

We've compared Factorial Vs. monday.com based on some of the most important and required Human Resources features.

Factorial: Benefits Administration, Employee Self-Service, Payroll, Human Resources, Payroll Scheduling.

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

Target customer size

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

Monday.



Factorial

ITQlick rating
(4.2/5)

starts at $115 per month

FactorialHR is a cloud based integrated suite or standalone module that offers human resources (HR) solution. Key features include an organizational chart generator, a time off manager, a document manager and m...

Categories: Self-Service Portal, Human Resources, Benefits Administration, Compensation Management.

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

Factorial: 5 Features

Benefits Administration
Employee Self-Service
Payroll
Human Resources
Payroll Scheduling

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
Factorial
ITQlick rating
4.2/5
Score
75/100
Pricing
3/10
License pricing
$115 per month
Functionality
12
Compare
monday.c...
ITQlick rating
4.7/5
Score
98/100
Pricing
4/10
License pricing
$10 per seat/month
Functionality
92
Gusto
ITQlick rating
4.7/5
Score
99/100
Pricing
4/10
License pricing
$39 per month
Functionality
20
Review
Workforc...
ITQlick rating
4.1/5
Score
98/100
Pricing
2/10
License pricing
$6 per employee/month
Functionality
32
Workday ...
ITQlick rating
4.3/5
Score
98/100
Pricing
10/10
License pricing
$45 per employee/month
Functionality
3

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.