Compare SicommNet iBuyer Solution and FinancialForce HCM - Mar 2022

Shlomi Lavi

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Bottom Line: Which is Better - SicommNet iBuyer Solution or FinancialForce HCM?

FinancialForce HCM is more expensive to implement (TCO) than SicommNet iBuyer Solution, and FinancialForce HCM is rated higher (92/100) than SicommNet iBuyer Solution (75/100). Both tools offer the same amount of features.

Looking for the right Supply Chain 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:

SicommNet Vs. Financial Force

SicommNet: Secure Internet Commerce Network Inc. (SicommNet) was founded in 1998 by a team including public sector procurement management; supply chain professionals and information technology trailblazers who developed and implemented online eProcurement systems for electronically automating and managing government agency buying and selling processes. Sicomm...

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? SicommNet iBuyer Solution or FinancialForce HCM?

The real total cost of ownership (TCO) of Supply Chain 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 SicommNet iBuyer Solution and FinancialForce HCM.

SicommNet iBuyer Solution accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 SicommNet iBuyer Solution is rated 2, which is much lower than the average cost of Supply Chain 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 Supply Chain software cost.

Bottom line: SicommNet iBuyer Solution cost is around the same cost of FinancialForce HCM.

Which software includes more/better features?

We've compared SicommNet iBuyer Solution Vs. FinancialForce HCM based on some of the most important and required Supply Chain features.

SicommNet iBuyer Solution: Source Inspections, Supplier Risk Management, Procurement, PO: Purchase orders, Compliance .

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

Target customer size

SicommNet iBuyer Solution's typical customers include: Small, medium and large size businesses, 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.