Shlomi Lavi /
Jul 05, 2022
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Bottom Line: Which is Better - FinancialForce PSA or Hydra PSA?
FinancialForce PSA is more expensive to implement (TCO) than Hydra PSA, and Hydra PSA is rated higher (84/100) than FinancialForce PSA (82/100). FinancialForce PSA offers users more features (10) than Hydra PSA (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:
Financial Force Vs. Hydra
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...
Hydra:
At Hydra, we have 20 years of experience, and the unique project resource management software that allows us to deliver consistent solutions that you can have up and running after only one week. We offer business software that optimizes resource utilization while it drives project management standardization. The end result is greater visibility a...
Who is more expensive? FinancialForce PSA or Hydra 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 FinancialForce PSA and Hydra PSA.
FinancialForce PSA price starts at $10 per month , On a scale between 1 to 10 FinancialForce PSA is rated 8, which is higher than the average cost of Professional Services Automation software. Hydra PSA accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 FinancialForce PSA is rated 8, which is higher than the average cost of Professional Services Automation software.
Bottom line: FinancialForce PSA is more expensive than Hydra PSA.
Which software includes more/better features?
We've compared FinancialForce PSA Vs. Hydra PSA based on some of the most important and required Professional Services Automation features.
FinancialForce PSA: Budget & Expense Management, Collaboration, Issue Tracking, Project Management, Resource Management, Scheduling, Task Management, Client Collaboration.
Hydra PSA: Dashboard, Budgeting & Forecasting, Project Budgeting, Project Portfolio Management, Time and Expense Tracking.
Target customer size
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. The software is a flexible solution that can be deployed for the needs of any business size and
type.