247HRM vs. FinancialForce HCM (Discontinued)

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
247HRM
Score 8.1 out of 10
N/A
The 247HRM HR management and payroll software features Document Management, Salary Budgeting, Skill Bank, automated generation of letters and email, custom MIS & Trending reports. It can be used along with other modules documents, salaries, leave data etc. It is developed by Interbiz Solutions, headquartered in Hyderabad.
$25.67
per month includes 30 employees
FinancialForce HCM (Discontinued)
Score 2.1 out of 10
N/A
FinancialForce acquired Vana Workforce in November 2013, a solution also built on the Salesforce platform, that unified automatically with FinancialForce's Accounting software and PSA. It was rebranded it FinancialForce Human Capital Management (HCM), but discontinued, and is no longer available.N/A
Pricing
247HRMFinancialForce HCM (Discontinued)
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
247HRMFinancialForce HCM (Discontinued)
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
247HRMFinancialForce HCM (Discontinued)
Top Pros

No answers on this topic

Top Cons

No answers on this topic

Features
247HRMFinancialForce HCM (Discontinued)
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
247HRM
8.9
3 Ratings
13% above category average
FinancialForce HCM (Discontinued)
8.7
4 Ratings
10% above category average
Employee demographic data8.93 Ratings8.53 Ratings
Employment history9.13 Ratings8.04 Ratings
Job profiles and administration8.93 Ratings9.14 Ratings
Workflow for transfers, promotions, pay raises, etc.9.13 Ratings9.14 Ratings
Organizational charting8.23 Ratings8.14 Ratings
Organization and location management9.13 Ratings9.53 Ratings
Compliance data (COBRA, OSHA, etc.)00 Ratings8.63 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
247HRM
8.9
3 Ratings
10% above category average
FinancialForce HCM (Discontinued)
8.1
3 Ratings
1% above category average
Pay calculation9.13 Ratings8.63 Ratings
Support for external payroll vendors8.53 Ratings8.01 Ratings
Off-cycle/On-Demand payment9.12 Ratings00 Ratings
Benefit plan administration8.53 Ratings8.02 Ratings
Direct deposit files8.53 Ratings8.02 Ratings
Salary revision and increment management9.13 Ratings8.03 Ratings
Reimbursement management9.13 Ratings8.01 Ratings
Leave and Attendance Management
Comparison of Leave and Attendance Management features of Product A and Product B
247HRM
9.1
3 Ratings
12% above category average
FinancialForce HCM (Discontinued)
8.6
4 Ratings
6% above category average
Approval workflow9.13 Ratings8.74 Ratings
Balance details9.13 Ratings8.64 Ratings
Annual carry-forward and encashment9.13 Ratings8.63 Ratings
Employee Self Service
Comparison of Employee Self Service features of Product A and Product B
247HRM
8.9
3 Ratings
9% above category average
FinancialForce HCM (Discontinued)
8.8
4 Ratings
8% above category average
View and generate pay and benefit information8.53 Ratings8.43 Ratings
Update personal information9.13 Ratings9.04 Ratings
View company policy documentation9.13 Ratings8.64 Ratings
Employee recognition8.62 Ratings8.93 Ratings
View job history8.93 Ratings9.04 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
247HRM
9.1
3 Ratings
16% above category average
FinancialForce HCM (Discontinued)
8.0
2 Ratings
3% above category average
Tracking of all physical assets9.13 Ratings8.02 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
247HRM
8.5
3 Ratings
11% above category average
FinancialForce HCM (Discontinued)
8.7
4 Ratings
14% above category average
Report builder8.93 Ratings8.54 Ratings
Pre-built reports9.13 Ratings8.74 Ratings
Ability to combine HR data with external data7.63 Ratings8.84 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
247HRM
8.3
3 Ratings
4% above category average
FinancialForce HCM (Discontinued)
7.6
4 Ratings
5% below category average
New hire portal8.03 Ratings7.64 Ratings
Manager tracking tools8.53 Ratings7.64 Ratings
Performance and Goals
Comparison of Performance and Goals features of Product A and Product B
247HRM
8.6
3 Ratings
5% above category average
FinancialForce HCM (Discontinued)
7.7
4 Ratings
6% below category average
Corporate goal setting9.13 Ratings7.24 Ratings
Individual goal setting9.12 Ratings8.04 Ratings
Line-of sight-visibility8.53 Ratings7.43 Ratings
Performance tracking7.83 Ratings8.43 Ratings
Performance Management
Comparison of Performance Management features of Product A and Product B
247HRM
8.4
3 Ratings
6% above category average
FinancialForce HCM (Discontinued)
8.0
4 Ratings
1% above category average
Performance plans8.63 Ratings8.34 Ratings
Performance improvement plans8.03 Ratings6.84 Ratings
Review status tracking8.73 Ratings7.64 Ratings
Review reminders8.73 Ratings8.44 Ratings
Multiple review frequency7.83 Ratings8.74 Ratings
Succession Planning
Comparison of Succession Planning features of Product A and Product B
247HRM
8.6
3 Ratings
9% above category average
FinancialForce HCM (Discontinued)
6.1
3 Ratings
26% below category average
Create succession plans/pools8.73 Ratings5.53 Ratings
Candidate ranking8.23 Ratings6.23 Ratings
Candidate search8.53 Ratings6.63 Ratings
Candidate development8.73 Ratings6.23 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
247HRM
8.4
3 Ratings
8% above category average
FinancialForce HCM (Discontinued)
8.4
3 Ratings
8% above category average
Job Requisition Management9.13 Ratings8.73 Ratings
Company Website Posting8.53 Ratings8.02 Ratings
Publish to Social Media7.33 Ratings8.52 Ratings
Job Search Site Posting8.23 Ratings8.52 Ratings
Duplicate Candidate Prevention8.93 Ratings7.33 Ratings
Applicant Tracking8.23 Ratings8.43 Ratings
Notifications and Alerts8.93 Ratings9.13 Ratings
Best Alternatives
247HRMFinancialForce HCM (Discontinued)
Small Businesses
Patriot Software
Patriot Software
Score 9.0 out of 10
Patriot Software
Patriot Software
Score 9.0 out of 10
Medium-sized Companies
Paypro Workforce Management
Paypro Workforce Management
Score 9.5 out of 10
Paypro Workforce Management
Paypro Workforce Management
Score 9.5 out of 10
Enterprises
Infor Human Resources
Infor Human Resources
Score 7.3 out of 10
Infor Human Resources
Infor Human Resources
Score 7.3 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
247HRMFinancialForce HCM (Discontinued)
Likelihood to Recommend
8.5
(3 ratings)
8.4
(4 ratings)
Likelihood to Renew
9.1
(2 ratings)
-
(0 ratings)
Usability
9.1
(1 ratings)
-
(0 ratings)
Support Rating
9.1
(2 ratings)
-
(0 ratings)
User Testimonials
247HRMFinancialForce HCM (Discontinued)
Likelihood to Recommend
Interbiz Solutions
It is well suited for the manufacturing, Pharma, Educational and Retail sectors. They are second to none when supporting large companies. Small companies and people looking for employee engagement may not be the right fit.
Read full review
Discontinued Products
FinancialForce HCM gives HR admins the full Hire to Retire experience while also meeting the needs of the worker/end user. Additionally, the application is well suited for talent management, shift scheduling, electronic benefits transmissions and connecting to payroll providers. Integration of HCM with other FinancialForce offerings, such as PSA and Accounting, completes the connection of front to back office.
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Pros
Interbiz Solutions
  • We used to take half a day to onboard new staff during our employee onboarding. We would collect necessary forms like aadhar, education certificates, experience certificates, and other forms. With 247HRM, it takes two hours. We cut the onboarding time in half. Can you imagine half a day saved for one employee onboarding?
  • I don’t stress about paying my people on time or accurate payroll because my experience with both the 247HRM product and its services helps give me the confidence in paying payroll on time. 2 clicks and I am done with payroll, generating a paysheet, pf ecr, esi upload and PT challan. All these in a span of 2 or 3 hours.
Read full review
Discontinued Products
  • It's customizable for every department.
  • The "back-end" is easy to use. You do not always need to contact support to tweak items.
  • Once a process flow is created, it is VERY user-friendly.
  • We can integrate other platforms such as Formstack into FF.
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Cons
Interbiz Solutions
No answers on this topic
Discontinued Products
  • Dashboards need updating
  • Difficult to customise reports
  • Salesforce is not always as quick to respond with service issues as they could be
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Usability
Interbiz Solutions
It is very easy to use and few clicks to complete your tasks
Read full review
Discontinued Products
No answers on this topic
Support Rating
Interbiz Solutions
Come rain or shine, 247HRM support team is always available to support you whenever you need assistance.
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Discontinued Products
No answers on this topic
Alternatives Considered
Interbiz Solutions
No answers on this topic
Discontinued Products
From a pricing perspective, FinancialForce HCM is very competitive in both licensing and implementation costs. Ultimately having an application that was native to Salesforce drove our final decision. While we were hoping to find an application that included the ability to process payroll internally we settled on the process of linking to a 3rd party vendor. The other options were either too pricey or lacked some of the key functionality we required.
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Return on Investment
Interbiz Solutions
  • Accurate Payroll
  • Paperless Employee Onboarding
  • Paperless office
  • onboarding to exit automation
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Discontinued Products
  • It improved self service capabilities - saving significant HR time.
Read full review
ScreenShots