Compare Procurify and FinancialForce HCM - Mar 2022

Shlomi Lavi

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Bottom Line: Which is Better - Procurify or FinancialForce HCM?

Procurify is more expensive to implement (TCO) than FinancialForce HCM, and FinancialForce HCM is rated higher (92/100) than Procurify (77/100). Both tools offer the same amount of features.

Looking for the right Procurement 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:

Procurify Vs. Financial Force

Procurify: In today's world of technology we should no longer be using outdated paper processes to accomplish tasks such as requisitions, reports, approvals, and purchase orders. In comes PROCURIFY, a fully featured cloud based procurement and spend management solution. The focus of PROCURIFY's core value is providing a great user experience, while achi...

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? Procurify or FinancialForce HCM?

The real total cost of ownership (TCO) of Procurement 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 Procurify and FinancialForce HCM.

Procurify price starts at $499 per month , On a scale between 1 to 10 Procurify is rated 2, which is much lower than the average cost of Procurement 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 Procurement software cost.

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

Which software includes more/better features?

We've compared Procurify Vs. FinancialForce HCM based on some of the most important and required Procurement features.

Procurify: Advanced Shipment Notification, Supply Chain Monitoring, Supply Chain Planning, Supplier Web Portal, Vendor Performance Rating.

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

Target customer size

Procurify is mainly designed for small and medium sized projects with employees between 10 and 50. 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.