Compare FinancialForce HCM and Workforce Ready - Mar 2022

Shlomi Lavi

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Bottom Line: Which is Better - FinancialForce HCM or Workforce Ready?

FinancialForce HCM is more expensive to implement (TCO) than Workforce Ready, and Workforce Ready is rated higher (98/100) than FinancialForce HCM (92/100). Workforce Ready offers users more features (16) than FinancialForce HCM (5). There is a clear winner in this case and it is Workforce Ready!

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:

Financial Force Vs. Kronos Incorporated

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...

Kronos Incorporated: It started off with a simple idea: there had to be an easier way to record employee time transactions. And then one innovation led to another and that idea grew into something we now call workforce management.

Who is more expensive? FinancialForce HCM or Kronos Workforce Ready?

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 FinancialForce HCM and Kronos Workforce Ready.

FinancialForce HCM price starts at $9,000 per year , On a scale between 1 to 10 FinancialForce HCM is rated 2, which is much lower than the average cost of Human Resources software. Kronos Workforce Ready price starts at $6 per employee/month , When comparing Kronos Workforce Ready to its competitors, the software is rated 2 - much lower than the average Human Resources software cost.

Bottom line: FinancialForce HCM cost is around the same cost of Kronos Workforce Ready.

Which software includes more/better features?

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

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

Kronos Workforce Ready: Benefits Administration, HR Management, Payroll, Performance Record, Recruiting.

Target customer size

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. Kronos Labor force Ready is especially developed for small as well as midsize services who wish to automate a lot of their workforce management processes with great functions like real-time staff member data as well as scheduling.