FinancialForce HCM Review - why 3.1 stars?

FinancialForce HCM Review
ITQlick Score: 92/100
ITQlick Rating: (3.1/5)
Pricing: 2.2/10 - low cost
Category: Human Resources -> FinancialForce HCM
Ranking:Ranked 13 out of 533 Human Resources systems
Company: Financial Force
Typical customers: Medium and large size businesses
Platforms: Desktop, Mobile, Cloud
Links: FinancialForce HCM pricing, FinancialForce HCM alternatives

Shlomi LaviShlomi Lavi / updated: May 03, 2021

We publish unbiased reviews, our opinions are our own and are not influenced by payments from advertisers. Learn more in our advertiser disclosure.

What is FinancialForce HCM?

FinancialForce HCM (Human Capital Management) is a fully integrated software solution that helps businesses manage their current and incoming employees, from recruitment until their retirement. The software includes features and modules that supports several business aspects, including learning management, core HR functionality, compensation management, applicant tracking, applicant recruiting, and onboarding.

FinancialForce HCM was developed by Force.com, which was founded in 2009 and is headquartered in San Francisco.

What is FinancialForce HCM rating? ()

The rating of FinancialForce HCM is 3.1 stars out of 5 and the total score is 92 out of 100. The ratings are based on our unbiased experts. Learn more in our rating methodology page

Who are FinancialForce HCM's typical customers?

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.

FinancialForce HCM has customers in several countries, including US, Canada, Australia, and China. Some FinancialForce HCM clients include White Springs, Ahead, US News, and the University of Houston.

Is FinancialForce HCM the best Human Resources?

FinancialForce HCM is ranked 13 out of 533 software in their category (Human Resources systems).

What are their main features and functionalities?

FinancialForce HCM benefits your business by facilitating HR and employee management and development processes. The solution uses multiple system leads for correcting errors and gaps and prevent mistakes in managing critical information and adoption rates. FinancialForce HCM features include core HR functionality, workforce management, and talent management, all integrated under one user-friendly platform that is delivered through the cloud.

FinancialForce HCM is designed to focus on the space and needs of the HR department. It helps small and mid-sized businesses that cannot afford to spend time and other resources to manage HR operations. Supported customization allows users to easily and quickly configure the solution to meet their needs. The software can be configured to create pages and workflow charts for adding new processes, fields and other important data. There are also administrative features that allow managers to track all company benefit plans and packages in one online database, which allows management to calculate rates and coverage, integrate benefit deduction information with payroll, and incorporate benefits.

What are FinancialForce HCM's pros? (5 Pros)

  • Supported integration with mobile applications
  • FinancialForce HCM offers a free trial version
  • A free product demo is available
  • The vendor site includes social networking links
  • FinancialForce HCM can be deployed as SaaS

What are FinancialForce HCM's cons? (2 cons)

  • Pricing is relatively high
  • Limited OS support

Who are their main alternatives?

The main competitors for Financialforce HCM include SutiHR and HCM One.

SutiHR supports core human resources requirements such as personnel management along with recruitment, payroll & benefits administration, performance management, time & leave management as well as projects management. There are also employee self service portals and analytic tools with dashboard support for HR performance & operational monitoring. Additionally SutiHR provides options for employee training with a help desk & employee surveys. The product can also integrate with third party applications as per requirements.

Financialforce HCM on the other hand provides a cloud based solution that focuses on core HR, recruitment, time & attendance as well as benefits. It includes integration with payroll as well as mobile device access for employees. There is also a talent management suite with options for performance monitoring & compensation planning as well as succession planning for career development.

HCM One is another HR solution that includes similar features. However unlike Financialforce HCM it offers both an open source model which can be completely modified by its users, as well as a free cloud based version which does not include training & support but allows unlimited product upgrades. There is also a priced enterprise HR solution with training & support if required by customers.

In comparison Financialforce HCM is built on the Salesforce platform and has access to its AppExchange for additional product functionality. Additionally it can utilize the Salesforce development platform to make customized apps as per business requirements.

What is the cost of FinancialForce HCM?

What is the REAL total cost of implementation? on top of the total cost of licenses which is easy to calculate you need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 2.2 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for FinancialForce HCM

What should you ask Financial Force during a demo session? (65 questions)

Schedule a demo with FinancialForce HCM and access 65 must ask questions for the vendor while watching FinancialForce HCM in action. Visit the vendor's website here.

FinancialForce HCM's list of categories:

Human Resources
Applicant Tracking
Attendance Tracking
Benefits Administration
Compensation Management
Employee Recognition
Employee Onboarding
Travel Management
Employee Performance Management
HR Department
Inventory Control
Stock Control

FinancialForce HCM's list of features:

HR Management
Payroll
Performance Record
Recruiting
Timesheet

FinancialForce HCM Vs. Alternatives

ITQlick rating
Score
Pricing
License pricing
Functionality
Review
Compare
FinancialForce
ITQlick rating
3.1/5
Score
92/100
Pricing
2.2/10
License pricing
Pricing not available
Functionality
23
Compare
Kronos
ITQlick rating
4.1/5
Score
98/100
Pricing
2/10
License pricing
$6 per user/month
Functionality
32
Review
Namely
ITQlick rating
4.1/5
Score
97/100
Pricing
6.8/10
License pricing
$15 per employee/month
Functionality
22
Review
BambooHR
ITQlick rating
4.5/5
Score
97/100
Pricing
2.2/10
License pricing
$6 per user/month
Functionality
27
Workday
ITQlick rating
4.3/5
Score
97/100
Pricing
6/10
License pricing
$100 per user/year
Functionality
3
Author

Shlomi Lavi

Website Linkedin Facebook Twitter

Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.