Compare SuccessFactors and FinancialForce HCM - Mar 2022

Shlomi Lavi

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

SuccessFactors is more expensive to implement (TCO) than FinancialForce HCM, and SuccessFactors is rated higher (94/100) than FinancialForce HCM (92/100). SuccessFactors offers users more features (19) 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:

SuccessFactors Ltd. Vs. Financial Force

SuccessFactors Ltd.: The SuccessFactors Management Team is led by Shawn Price, president of SuccessFactors. The team aims to fulfill the company’s mission of helping organizations of all sizes run their business better.SuccessFactors has established significant relationships with industry leaders in sales, consulting, and complementary business solutions through our gl...

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? SuccessFactors 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 SuccessFactors and FinancialForce HCM.

SuccessFactors price starts at $6.30 per user/month , On a scale between 1 to 10 SuccessFactors 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: SuccessFactors is more expensive than FinancialForce HCM.

Which software includes more/better features?

We've compared SuccessFactors Vs. FinancialForce HCM based on some of the most important and required Human Resources features.

SuccessFactors: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Appraisal Performance, Employee Self-Service, HR Management, Payroll, Performance Record, Recruiting, LMS, Collaboration Management.

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

Target customer size

SuccessFactors is a cross industry system which supports scalability for all business sizes by offering three different software suits: Small Business for less than 200 employees, SMEs with 200-1500 employees, and Enterprise companies with larger employee bases. 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.