Shlomi Lavi /
Mar 12, 2022
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Bottom Line: Which is Better - FinancialForce HCM or SoftCo Procure-to-Pay?
SoftCo Procure-to-Pay is more expensive to implement (TCO) than FinancialForce HCM, and FinancialForce HCM is rated higher (92/100) than SoftCo Procure-to-Pay (76/100). SoftCo Procure-to-Pay offers users more features (6) 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. SoftCo
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...
SoftCo: ...
Who is more expensive? FinancialForce HCM or SoftCo Procure-to-Pay Software?
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 SoftCo Procure-to-Pay Software.
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. SoftCo Procure-to-Pay Software accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 FinancialForce HCM is rated 2, which is much lower than the average cost of Human Resources software.
Bottom line: SoftCo Procure-to-Pay Software is more expensive than FinancialForce HCM.
Which software includes more/better features?
We've compared FinancialForce HCM Vs. SoftCo Procure-to-Pay based on some of the most important and required Human Resources features.
FinancialForce HCM: HR Management, Payroll, Performance Record, Recruiting, Timesheet.
SoftCo Procure-to-Pay Software: Project Budgeting, Online Catalog, Supplier Risk Management, Procurement, PO: Purchase orders.
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 SoftCo Procure-to-Pay Software's target customer size include: Small, medium and large size businesses.