Compare Factumsoft and FinancialForce PSA - Jul 2022

Shlomi LaviShlomi Lavi / Jul 05, 2022

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Bottom Line: Which is Better - Factumsoft or FinancialForce PSA?

Factumsoft is more expensive to implement (TCO) than FinancialForce PSA, and Factumsoft is rated higher (85/100) than FinancialForce PSA (82/100). FinancialForce PSA offers users more features (10) than Factumsoft (5).

Looking for the right Professional Services Automation 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:

Factumsoft Vs. Financial Force

Factumsoft: Every Factumsoft solution is based on our own proprietary platform. It consists of various software building blocks empowering businesses to integrate all key processes and data into a single solution. We have amassed a rich library of these blocks, which allows us to quickly assemble your standard ERP solution, reducing the typically long implemen...

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? Factumsoft or FinancialForce PSA?

The real total cost of ownership (TCO) of Professional Services Automation 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 Factumsoft and FinancialForce PSA.

Factumsoft accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Factumsoft is rated 10, which is much higher than the average cost of Professional Services Automation software. FinancialForce PSA price starts at $10 per month , When comparing FinancialForce PSA to its competitors, the software is rated 8 - higher than the average Professional Services Automation software cost.

Bottom line: Factumsoft is more expensive than FinancialForce PSA.

Which software includes more/better features?

We've compared Factumsoft Vs. FinancialForce PSA based on some of the most important and required Professional Services Automation features.

Factumsoft: Collaboration, Document Management, Resource Management, Time and Expense Tracking, Project Documents.

FinancialForce PSA: Budget & Expense Management, Collaboration, Issue Tracking, Project Management, Resource Management.

Target customer size

Factumsoft's typical customers include: Small, medium and large size businesses, This solution is aimed at companies that have a large number of professionals to manage, businesses that need to automate their entire process of interacting with customers and to manage their financial resources.

Factumsoft

ITQlick rating
(2.8/5)

Factumsoft is an ERP software for helping businesses build software that is unique to their business workflow. The software is built in a way it matches the exact scaling and automation needs of a business.

Categories: Billing & Invoicing, Document Management, CRM, Team Collaboration.

FinancialForce PSA

ITQlick rating
(4.2/5)

starts at $10 per month

FinancialForce PSA is a cloud-hosted PSA (professional services automation) solution that is native to the Salesforce Platform. The software provides users with business automation tools in the cloud through th...

Categories: Billing & Invoicing, CRM, Project Collaboration, Time and Attendance, Workforce Management.

Compare specifications

Compare features

Factumsoft: 5 Features

Collaboration
Document Management
Resource Management
Time and Expense Tracking
Project Documents

FinancialForce PSA: 10 Features

Budget & Expense Management
Collaboration
Issue Tracking
Project Management
Resource Management
Scheduling
Task Management
Client Collaboration
Inventory Management
Supplier 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
Factumsoft
ITQlick rating
2.8/5
Score
85/100
Pricing
10/10
License pricing
Pricing not available
Functionality
15
Compare
Financia...
ITQlick rating
4.2/5
Score
82/100
Pricing
9.2/10
License pricing
$10 per month
Functionality
23
Elite 3E
ITQlick rating
4.7/5
Score
92/100
Pricing
4.8/10
License pricing
Pricing not available
Functionality
4
TSheets
ITQlick rating
4.7/5
Score
91/100
Pricing
2.2/10
License pricing
$10 per month
Functionality
5
ArchiOffice
ITQlick rating
4.3/5
Score
90/100
Pricing
3.2/10
License pricing
$7.95 per month
Functionality
18

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.