Shlomi Lavi /
Nov 25, 2022
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Bottom Line: Which is Better - FinancialForce HCM or Namely?
Namely is more expensive to implement (TCO) than FinancialForce HCM, and Namely is rated higher (97/100) than FinancialForce HCM (92/100). Namely offers users more features (10) than FinancialForce HCM (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:
Financial Force Vs. Namely
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...
Namely : Namely is the leading HR platform for the world's most exciting companies. Based in New York, the company was founded in 2012 by Matt Straz, the serial entrepreneur and former media executive. Today, Namely is in use in over 20 countries and offers a full suite of HR tools including HRIS, payroll, benefits administration and performance management...
Who is more expensive? FinancialForce HCM or Namely?
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 Namely.
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. Namely price starts at $12 per employee/month , When comparing Namely to its competitors, the software is rated 6 - similar to the average Human Resources software cost.
Bottom line: Namely is more expensive than FinancialForce HCM.
Which software includes more/better features?
We've compared FinancialForce HCM Vs. Namely based on some of the most important and required Human Resources features.
FinancialForce HCM: HR Management, Payroll, Performance Record, Recruiting, Timesheet.
Namely: Dashboard, Talent Management, Payroll, Employee Scheduling, Absence Management.
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. and Namely's target customer size include: SMBs.