Compare Flex TMS and FinancialForce HCM - Jul 2022

Shlomi Lavi

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Bottom Line: Which is Better - Flex TMS or FinancialForce HCM?

Flex TMS is more expensive to implement (TCO) than FinancialForce HCM, and FinancialForce HCM is rated higher (92/100) than Flex TMS (82/100). Flex TMS offers users more features (7) than FinancialForce HCM (5).

Looking for the right Fleet management 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:

Echo Global Logistics Vs. Financial Force

Echo Global Logistics: Echo provides transportation solutions across all major modes, including: Truckload, Less Than Truckload, Small Parcel, Intermodal, Domestic Air, Expedited Services, and International Air and Ocean. Proprietary Echo technology provides fast and easy access to transportation capacity. We analyze your business needs and provide the most cost effe...

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? Flex TMS or FinancialForce HCM?

The real total cost of ownership (TCO) of Fleet management 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 Flex TMS and FinancialForce HCM.

Flex TMS accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Flex TMS is rated 2, which is much lower than the average cost of Fleet management software. FinancialForce HCM price starts at $9,000 per year , When comparing FinancialForce HCM to its competitors, the software is rated 2 - much lower than the average Fleet management software cost.

Bottom line: Flex TMS cost is around the same cost of FinancialForce HCM.

Which software includes more/better features?

We've compared Flex TMS Vs. FinancialForce HCM based on some of the most important and required Fleet management features.

Flex TMS: Agile Project Management, Collaboration, Document Management, Issue Tracking, Project Management, Resource Management, Task Management.

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

Target customer size

Flex TMS is perfect fit for large companies but it’s highly scalable and can be used by mid-sized companies too. 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.