Shlomi Lavi /
Mar 12, 2022
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Bottom Line: Which is Better - Kronos Workforce or FinancialForce HCM?
Kronos Workforce is more expensive to implement (TCO) than FinancialForce HCM, and Kronos Workforce is rated higher (95/100) than FinancialForce HCM (92/100). Kronos Workforce offers users more features (15) 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:
Kronos Incorporated Vs. Financial Force
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.
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? Kronos Workforce or FinancialForce HCM?
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 Kronos Workforce and FinancialForce HCM.
Kronos Workforce price starts at $6 per employee/month , On a scale between 1 to 10 Kronos Workforce Central is rated 6, which is similar to the average cost of Human Resources 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 Human Resources software cost.
Bottom line: Kronos Workforce is more expensive than FinancialForce HCM.
Which software includes more/better features?
We've compared Kronos Workforce Vs. FinancialForce HCM based on some of the most important and required Human Resources features.
Kronos Workforce: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Appraisal Performance, Benefits Administration, HR Management, LMS, Payroll, Performance Record, Recruiting, Software Customization.
FinancialForce HCM: HR Management, Payroll, Performance Record, Recruiting, Timesheet.
Target customer size
More than thousand companies worldwide, use Kronos workforce management tools everyday to effectively manage their employees. 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.