247HRM vs. QuickBooks Desktop Premier

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
QuickBooks Desktop Premier
Score 8.2 out of 10
N/A
QuickBooks Desktop Premier is an installed version of QuickBooks for general business, contractors, manufacturing and warehouse accounting, as well as nonprofits, professional services, and retail.N/A
Pricing
247HRMQuickBooks Desktop Premier
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
247HRMQuickBooks Desktop Premier
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
247HRMQuickBooks Desktop Premier
Top Pros

No answers on this topic

Top Cons

No answers on this topic

Features
247HRMQuickBooks Desktop Premier
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
247HRM
8.9
3 Ratings
13% above category average
QuickBooks Desktop Premier
-
Ratings
Employee demographic data8.93 Ratings00 Ratings
Employment history9.13 Ratings00 Ratings
Job profiles and administration8.93 Ratings00 Ratings
Workflow for transfers, promotions, pay raises, etc.9.13 Ratings00 Ratings
Organizational charting8.23 Ratings00 Ratings
Organization and location management9.13 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
247HRM
8.9
3 Ratings
10% above category average
QuickBooks Desktop Premier
8.9
47 Ratings
17% above category average
Pay calculation9.13 Ratings7.046 Ratings
Support for external payroll vendors8.53 Ratings00 Ratings
Off-cycle/On-Demand payment9.12 Ratings00 Ratings
Benefit plan administration8.53 Ratings10.020 Ratings
Direct deposit files8.53 Ratings8.036 Ratings
Salary revision and increment management9.13 Ratings9.927 Ratings
Reimbursement management9.13 Ratings9.529 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
QuickBooks Desktop Premier
-
Ratings
Approval workflow9.13 Ratings00 Ratings
Balance details9.13 Ratings00 Ratings
Annual carry-forward and encashment9.13 Ratings00 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
QuickBooks Desktop Premier
-
Ratings
View and generate pay and benefit information8.53 Ratings00 Ratings
Update personal information9.13 Ratings00 Ratings
View company policy documentation9.13 Ratings00 Ratings
Employee recognition8.62 Ratings00 Ratings
View job history8.93 Ratings00 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
247HRM
9.1
3 Ratings
16% above category average
QuickBooks Desktop Premier
-
Ratings
Tracking of all physical assets9.13 Ratings00 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
247HRM
8.5
3 Ratings
11% above category average
QuickBooks Desktop Premier
-
Ratings
Report builder8.93 Ratings00 Ratings
Pre-built reports9.13 Ratings00 Ratings
Ability to combine HR data with external data7.63 Ratings00 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
247HRM
8.3
3 Ratings
4% above category average
QuickBooks Desktop Premier
-
Ratings
New hire portal8.03 Ratings00 Ratings
Manager tracking tools8.53 Ratings00 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
QuickBooks Desktop Premier
-
Ratings
Corporate goal setting9.13 Ratings00 Ratings
Individual goal setting9.12 Ratings00 Ratings
Line-of sight-visibility8.53 Ratings00 Ratings
Performance tracking7.83 Ratings00 Ratings
Performance Management
Comparison of Performance Management features of Product A and Product B
247HRM
8.4
3 Ratings
6% above category average
QuickBooks Desktop Premier
-
Ratings
Performance plans8.63 Ratings00 Ratings
Performance improvement plans8.03 Ratings00 Ratings
Review status tracking8.73 Ratings00 Ratings
Review reminders8.73 Ratings00 Ratings
Multiple review frequency7.83 Ratings00 Ratings
Succession Planning
Comparison of Succession Planning features of Product A and Product B
247HRM
8.6
3 Ratings
9% above category average
QuickBooks Desktop Premier
-
Ratings
Create succession plans/pools8.73 Ratings00 Ratings
Candidate ranking8.23 Ratings00 Ratings
Candidate search8.53 Ratings00 Ratings
Candidate development8.73 Ratings00 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
247HRM
8.4
3 Ratings
8% above category average
QuickBooks Desktop Premier
-
Ratings
Job Requisition Management9.13 Ratings00 Ratings
Company Website Posting8.53 Ratings00 Ratings
Publish to Social Media7.33 Ratings00 Ratings
Job Search Site Posting8.23 Ratings00 Ratings
Duplicate Candidate Prevention8.93 Ratings00 Ratings
Applicant Tracking8.23 Ratings00 Ratings
Notifications and Alerts8.93 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
247HRM
-
Ratings
QuickBooks Desktop Premier
1.3
20 Ratings
138% below category average
API for custom integration00 Ratings1.315 Ratings
Plug-ins00 Ratings1.320 Ratings
Security
Comparison of Security features of Product A and Product B
247HRM
-
Ratings
QuickBooks Desktop Premier
7.4
49 Ratings
6% below category average
Single sign-on capability00 Ratings4.843 Ratings
Role-based user permissions00 Ratings10.040 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
247HRM
-
Ratings
QuickBooks Desktop Premier
6.8
57 Ratings
11% below category average
Dashboards00 Ratings4.848 Ratings
Standard reports00 Ratings7.856 Ratings
Custom reports00 Ratings7.854 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
247HRM
-
Ratings
QuickBooks Desktop Premier
7.1
60 Ratings
4% below category average
Accounts payable00 Ratings7.058 Ratings
Accounts receivable00 Ratings7.059 Ratings
Cash management00 Ratings8.054 Ratings
Bank reconciliation00 Ratings8.057 Ratings
Expense management00 Ratings6.156 Ratings
Time tracking00 Ratings5.028 Ratings
Fixed asset management00 Ratings5.139 Ratings
Multi-currency support00 Ratings9.018 Ratings
Multi-division support00 Ratings7.033 Ratings
Regulations compliance00 Ratings1.819 Ratings
Electronic tax filing00 Ratings10.028 Ratings
Self-service portal00 Ratings8.017 Ratings
Global Financial Support00 Ratings9.03 Ratings
Primary and Secondary Ledgers00 Ratings7.06 Ratings
Intercompany Accounting00 Ratings9.08 Ratings
Localizations00 Ratings5.01 Ratings
Journals and Reconciliations00 Ratings7.014 Ratings
Enterprise Accounting00 Ratings9.05 Ratings
Configurable Accounting00 Ratings7.16 Ratings
Centralized Rules Framework00 Ratings9.93 Ratings
Standardized Processes00 Ratings4.37 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
247HRM
-
Ratings
QuickBooks Desktop Premier
2.9
36 Ratings
83% below category average
Inventory tracking00 Ratings1.735 Ratings
Automatic reordering00 Ratings1.015 Ratings
Location management00 Ratings8.019 Ratings
Manufacturing module00 Ratings1.017 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
247HRM
-
Ratings
QuickBooks Desktop Premier
7.0
38 Ratings
6% below category average
Pricing00 Ratings10.030 Ratings
Order entry00 Ratings10.031 Ratings
Credit card processing00 Ratings7.027 Ratings
Cost of goods sold00 Ratings6.334 Ratings
Order Orchestration00 Ratings10.03 Ratings
End-to-end order visibility00 Ratings1.04 Ratings
Order exception Resolution00 Ratings5.01 Ratings
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247HRMQuickBooks Desktop Premier
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User Ratings
247HRMQuickBooks Desktop Premier
Likelihood to Recommend
8.5
(3 ratings)
3.0
(63 ratings)
Likelihood to Renew
9.1
(2 ratings)
1.3
(12 ratings)
Usability
9.1
(1 ratings)
7.0
(14 ratings)
Availability
-
(0 ratings)
8.9
(5 ratings)
Performance
-
(0 ratings)
5.7
(4 ratings)
Support Rating
9.1
(2 ratings)
1.1
(12 ratings)
Online Training
-
(0 ratings)
1.0
(1 ratings)
Implementation Rating
-
(0 ratings)
7.2
(7 ratings)
Configurability
-
(0 ratings)
9.0
(1 ratings)
Ease of integration
-
(0 ratings)
7.0
(1 ratings)
Product Scalability
-
(0 ratings)
6.2
(4 ratings)
Vendor pre-sale
-
(0 ratings)
7.0
(1 ratings)
User Testimonials
247HRMQuickBooks Desktop Premier
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
Intuit
QuickBooks Premier is not well suited to manufacturing industries, as it cannot handle the complicated inventory requirements of raw materials, work in process, and finished goods. Retailers and Wholesalers can use QuickBooks Premier as long as they have an add-on inventory tracking program or Point of Sale system that integrates with QuickBooks. Likewise, restaurants would need specialized restaurant software that integrates with QuickBooks Premier. Non-profits can use QuickBooks Premier non-profit edition, but if they use fund accounting, it will require some complicated work-arounds. QuickBooks Premier is well-suited to most construction trades, personal and professional services providers, small retailers, and rental property owners.
Read full review
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
Intuit
  • The program is easy to learn and use. We can train our clients' personnel how to use the program with out difficulty.
  • It is easy for clients to generate bills and manage accounts receivable.
  • It is easy to manage accounts payable and allows clients to pay their bills electronically.
  • Transactions can be imported electronically for credit card and banking transactions.
  • It is easy to reconcile bank and credit card accounts.
  • We can import data generated by QuickBooks into our tax and accounting software.
Read full review
Cons
Interbiz Solutions
No answers on this topic
Intuit
  • I would like to be able to choose how i want to view accounts receivable aging. I would like some flexibility to sort and choose how to present the data.
  • For a seasoned accountant, I would like to see some of the restrictive controls that are in place for novices to be able to be relaxed so that I can easily make some entries and adjust some balances that ordinarily a regular user would not be able to do.
  • I would like to see an easy way to clear old outstanding checks that need to be reversed without affecting prior balances/history.
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Likelihood to Renew
Interbiz Solutions
No answers on this topic
Intuit
Because we have been extremely happy with the product and our organization tends to be creatures of habit. We rarely leave a product that works this well for the latest and greatest. Typically we follow the "if it's not broken, don't fix it rule". While QB does make changes we typically just roll with it. If we do find something we don't like we work through it until we fully understand its functionality.
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Usability
Interbiz Solutions
It is very easy to use and few clicks to complete your tasks
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Intuit
QuickBooks is an amazing tool that provides all of the necessary features needed to run the finances of a company. I would like for QuickBooks to provide better resources for training. There are many features that go unused because of lack of knowledge. Procore offers chatting and calls on their platform and they make it easy and accessible to get answers and solutions.
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Reliability and Availability
Interbiz Solutions
No answers on this topic
Intuit
This is very reliable software, the desktop version is fast. If there is a problem, it is most likely on your own hardware!
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Performance
Interbiz Solutions
No answers on this topic
Intuit
It takes forever to load.
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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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Intuit
This is an awesome product and the support team is very knowledgeable. The product is mature, so there are not a lot of bugs and the support team really solves problems quickly. Usually it is a user error issue, but the support desk helps me out. I love the fact that it is US based support.
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Implementation Rating
Interbiz Solutions
No answers on this topic
Intuit
It is important to do your research. There are tutorial videos online that could help new user of this accounting system. These tutorials are straightforward and easily understandable.
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Alternatives Considered
Interbiz Solutions
No answers on this topic
Intuit
QuickBooks Premier handles most of my business functions efficiently in one package. It is not my "everything." I use Replicon for time rather than QuickBooks. I don't want my WIP data interfering with my accounting. I use PaySimple for it's web interface and back office processing. I don't have security issues since I don't have any credit card data in my possession. With today's identity theft environment, I have to protect myself as much as I can. Not having credit card data in my accounting software lets me sleep much better at night. Quicken will do basic accounting but does not have all the double entry accounting systems contained in QuickBooks. QuickBooks Online does much of the basic business functions but I don't like the pricing structure. As a professional accountant, that is very important to me. Bill.com provided a good service but the ability of QuickBooks to add bills and receipts to transactions makes it redundant.
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Scalability
Interbiz Solutions
No answers on this topic
Intuit
They're getting better. Still room for improvement.
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Return on Investment
Interbiz Solutions
  • Accurate Payroll
  • Paperless Employee Onboarding
  • Paperless office
  • onboarding to exit automation
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Intuit
  • Since our financials are kept very up to date, it helps us compare our financial results to prior years and it is used for our internal goal setting.
  • Due to the accountant copy function, we are able to provide better service since our clients are not waiting on us to fix historical data. They can continue their operations uninterrupted.
  • The import feature certainly speeds up the process of accounting for our payroll. As previously mentioned, it takes about a minute to do our entries for payroll and check them.
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