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Factorial vs. QuickBooks Self-Employed (discontinued)

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Factorial

    Score7.1 out of 10
    Small Businesses (1-50 employees)
    Factorial is a business management software designed to streamline HR processes, including time and attendance tracking, talent development, payroll, and finance management.

    $80

    per month

    QuickBooks Self-Employed (discontinued)

    Score4.2 out of 10
    N/AA now discontinued accounting solution, QuickBooks Self-Employed featured tools to help the self-employed drive growth and financial stability. It is replaced by the more advanced QuickBooks Solopreneur.N/A
    Pricing
    FactorialQuickBooks Self-Employed (discontinued)
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    FactorialQuickBooks Self-Employed (discontinued)
    Free Trial
    YesNo
    Free/Freemium Version
    YesNo
    Premium Consulting/Integration Services
    YesNo
    Entry-level Setup FeeOptionalNo setup fee
    Additional Details——
    More Pricing Information
    Features
    FactorialQuickBooks Self-Employed (discontinued)
    Human Resource Management
    Comparison of Human Resource Management features of Factorial and QuickBooks Self-Employed (discontinued)
    Feature
    Factorial
    7.8
    1 Ratings
    5% below category average
    QuickBooks Self-Employed (discontinued)
    -
    Ratings
    Employee demographic data9.01 Ratings00 Ratings
    Employment history9.01 Ratings00 Ratings
    Job profiles and administration8.01 Ratings00 Ratings
    Workflow for transfers, promotions, pay raises, etc.7.01 Ratings00 Ratings
    Organizational charting7.01 Ratings00 Ratings
    Organization and location management7.01 Ratings00 Ratings
    Leave and Attendance Management
    Comparison of Leave and Attendance Management features of Factorial and QuickBooks Self-Employed (discontinued)
    Feature
    Factorial
    7.7
    1 Ratings
    7% below category average
    QuickBooks Self-Employed (discontinued)
    -
    Ratings
    Approval workflow9.01 Ratings00 Ratings
    Balance details7.01 Ratings00 Ratings
    Annual carry-forward and encashment7.01 Ratings00 Ratings
    Employee Self Service
    Comparison of Employee Self Service features of Factorial and QuickBooks Self-Employed (discontinued)
    Feature
    Factorial
    5.0
    1 Ratings
    49% below category average
    QuickBooks Self-Employed (discontinued)
    -
    Ratings
    View and generate pay and benefit information7.01 Ratings00 Ratings
    Update personal information5.01 Ratings00 Ratings
    View company policy documentation3.01 Ratings00 Ratings
    Employee recognition2.01 Ratings00 Ratings
    View job history8.01 Ratings00 Ratings
    Asset Management
    Comparison of Asset Management features of Factorial and QuickBooks Self-Employed (discontinued)
    Feature
    Factorial
    6.0
    1 Ratings
    29% below category average
    QuickBooks Self-Employed (discontinued)
    -
    Ratings
    Tracking of all physical assets6.01 Ratings00 Ratings
    HR Reporting
    Comparison of HR Reporting features of Factorial and QuickBooks Self-Employed (discontinued)
    Feature
    Factorial
    5.3
    1 Ratings
    36% below category average
    QuickBooks Self-Employed (discontinued)
    -
    Ratings
    Report builder6.01 Ratings00 Ratings
    Pre-built reports4.01 Ratings00 Ratings
    Ability to combine HR data with external data6.01 Ratings00 Ratings
    Onboarding
    Comparison of Onboarding features of Factorial and QuickBooks Self-Employed (discontinued)
    Feature
    Factorial
    3.5
    1 Ratings
    79% below category average
    QuickBooks Self-Employed (discontinued)
    -
    Ratings
    New hire portal4.01 Ratings00 Ratings
    Manager tracking tools3.01 Ratings00 Ratings
    Performance and Goals
    Comparison of Performance and Goals features of Factorial and QuickBooks Self-Employed (discontinued)
    Feature
    Factorial
    2.8
    1 Ratings
    97% below category average
    QuickBooks Self-Employed (discontinued)
    -
    Ratings
    Corporate goal setting1.01 Ratings00 Ratings
    Individual goal setting4.01 Ratings00 Ratings
    Line-of sight-visibility4.01 Ratings00 Ratings
    Performance tracking2.01 Ratings00 Ratings
    Performance Management
    Comparison of Performance Management features of Factorial and QuickBooks Self-Employed (discontinued)
    Feature
    Factorial
    5.8
    1 Ratings
    32% below category average
    QuickBooks Self-Employed (discontinued)
    -
    Ratings
    Performance plans6.01 Ratings00 Ratings
    Performance improvement plans5.01 Ratings00 Ratings
    Review status tracking7.01 Ratings00 Ratings
    Review reminders6.01 Ratings00 Ratings
    Multiple review frequency5.01 Ratings00 Ratings
    Recruiting / ATS
    Comparison of Recruiting / ATS features of Factorial and QuickBooks Self-Employed (discontinued)
    Feature
    Factorial
    5.7
    1 Ratings
    33% below category average
    QuickBooks Self-Employed (discontinued)
    -
    Ratings
    Job Requisition Management4.01 Ratings00 Ratings
    Company Website Posting6.01 Ratings00 Ratings
    Publish to Social Media6.01 Ratings00 Ratings
    Job Search Site Posting4.01 Ratings00 Ratings
    Duplicate Candidate Prevention7.01 Ratings00 Ratings
    Applicant Tracking5.01 Ratings00 Ratings
    Notifications and Alerts8.01 Ratings00 Ratings
    Payroll Management
    Comparison of Payroll Management features of Factorial and QuickBooks Self-Employed (discontinued)
    Feature
    Factorial
    -
    Ratings
    QuickBooks Self-Employed (discontinued)
    7.8
    3 Ratings
    3% above category average
    Pay calculation00 Ratings10.02 Ratings
    Benefit plan administration00 Ratings5.02 Ratings
    Direct deposit files00 Ratings8.03 Ratings
    Salary revision and increment management00 Ratings8.02 Ratings
    Reimbursement management00 Ratings8.03 Ratings
    Customization
    Comparison of Customization features of Factorial and QuickBooks Self-Employed (discontinued)
    Feature
    Factorial
    -
    Ratings
    QuickBooks Self-Employed (discontinued)
    10.0
    5 Ratings
    28% above category average
    API for custom integration00 Ratings10.04 Ratings
    Plug-ins00 Ratings10.04 Ratings
    Security
    Comparison of Security features of Factorial and QuickBooks Self-Employed (discontinued)
    Feature
    Factorial
    -
    Ratings
    QuickBooks Self-Employed (discontinued)
    10.0
    8 Ratings
    20% above category average
    Single sign-on capability00 Ratings10.08 Ratings
    Role-based user permissions00 Ratings10.05 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Factorial and QuickBooks Self-Employed (discontinued)
    Feature
    Factorial
    -
    Ratings
    QuickBooks Self-Employed (discontinued)
    10.0
    14 Ratings
    24% above category average
    Dashboards00 Ratings10.012 Ratings
    Standard reports00 Ratings10.014 Ratings
    Custom reports00 Ratings10.08 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Factorial and QuickBooks Self-Employed (discontinued)
    Feature
    Factorial
    -
    Ratings
    QuickBooks Self-Employed (discontinued)
    10.0
    15 Ratings
    27% above category average
    Accounts payable00 Ratings10.09 Ratings
    Accounts receivable00 Ratings10.010 Ratings
    Cash management00 Ratings10.09 Ratings
    Bank reconciliation00 Ratings10.010 Ratings
    Expense management00 Ratings10.014 Ratings
    Time tracking00 Ratings10.07 Ratings
    Fixed asset management00 Ratings10.04 Ratings
    Multi-currency support00 Ratings10.02 Ratings
    Multi-division support00 Ratings10.02 Ratings
    Regulations compliance00 Ratings10.03 Ratings
    Electronic tax filing00 Ratings10.013 Ratings
    Self-service portal00 Ratings10.08 Ratings
    Global Financial Support00 Ratings10.02 Ratings
    Primary and Secondary Ledgers00 Ratings10.02 Ratings
    Intercompany Accounting00 Ratings10.03 Ratings
    Localizations00 Ratings10.03 Ratings
    Journals and Reconciliations00 Ratings10.06 Ratings
    Enterprise Accounting00 Ratings10.02 Ratings
    Configurable Accounting00 Ratings10.04 Ratings
    Centralized Rules Framework00 Ratings10.03 Ratings
    Standardized Processes00 Ratings10.05 Ratings
    Inventory Management
    Comparison of Inventory Management features of Factorial and QuickBooks Self-Employed (discontinued)
    Feature
    Factorial
    -
    Ratings
    QuickBooks Self-Employed (discontinued)
    10.0
    3 Ratings
    31% above category average
    Inventory tracking00 Ratings10.03 Ratings
    Automatic reordering00 Ratings10.03 Ratings
    Location management00 Ratings10.03 Ratings
    Manufacturing module00 Ratings10.02 Ratings
    Order Management
    Comparison of Order Management features of Factorial and QuickBooks Self-Employed (discontinued)
    Feature
    Factorial
    -
    Ratings
    QuickBooks Self-Employed (discontinued)
    10.0
    5 Ratings
    30% above category average
    Pricing00 Ratings10.04 Ratings
    Order entry00 Ratings10.04 Ratings
    Credit card processing00 Ratings10.05 Ratings
    Cost of goods sold00 Ratings10.03 Ratings
    Order Orchestration00 Ratings10.02 Ratings
    End-to-end order visibility00 Ratings10.03 Ratings
    Order exception Resolution00 Ratings10.02 Ratings
    Best Alternatives
    FactorialQuickBooks Self-Employed (discontinued)
    Small Businesses
    UZIO
    Score9.4 out of 10
    Zoho Books
    Score8.8 out of 10
    Medium-sized Companies
    Zoho People
    Score8.6 out of 10
    MYOB
    Score8.3 out of 10
    Enterprises
    PeopleStrong
    Score10 out of 10
    Microsoft Dynamics GP
    Score5.4 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    FactorialQuickBooks Self-Employed (discontinued)
    Likelihood to Recommend
    6.0
    (1 ratings)
    10.0
    (15 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    10.0
    (1 ratings)
    Usability
    -
    (0 ratings)
    9.4
    (2 ratings)
    Support Rating
    -
    (0 ratings)
    10.0
    (2 ratings)
    User Testimonials
    FactorialQuickBooks Self-Employed (discontinued)
    Likelihood to Recommend
    Factorial
    I am not fully convinced about factorial HR yet. We are about to transition to a new tool after using Recruitee for a long time. The bar was high when it came to recruitment ATS. and Factorial HR is multifaceted but not as well structured or functional. Support in other languages should also be improved, as those are the most common reviews I have seen online.
    Incentivized
    Read full review
    Intuit
    QuickBooks is a great tool for new SoleTraders that need basic accounting software and require digital invoicing for their clients to send via email and access key features via a mobile app on the go. QuickBooks is a straightforward tool to use with a simple design and learning curve for business owners that are not very tech-savvy. For businesses that operate on a larger scale and need to provide access to other users on their team, QuickBooks is limited. This type of business may also require more insights into the business outside of accounting, and QuickBooks won't be able to supply insights outside of that.
    Incentivized
    Read full review
    Pros
    Factorial
    • Recruitment ATS.
    • Keeping documents and employee records.
    • Talent performance management.
    Incentivized
    Read full review
    Intuit
    • QuickBooks Self-Employed does keep a running total of your income and estimated taxes. Of course, this requires that your entries are accurate.
    • The mileage feature is particularly helpful. One just needs to either use the phone app in conjunction with QuickBooks Self-Employed, or keep a log of all mileage.
    • When tax time comes around, it's easy to use TurboTax software and import your data from QuickBooks.
    Incentivized
    Read full review
    Cons
    Factorial
    • i think the main area is time off requests.
    • also, customer service is not as responsive.
    • interface could be more user friendly.
    Incentivized
    Read full review
    Intuit
    • Doesn't integrate with Mint, which I use for my home expenses. I think this would be a nice addition to the program, so I could keep track of my whole financial situation.
    • A Windows 10 app would be a nice addition to the program, so I could access it securely from my desktop.
    Incentivized
    Read full review
    Usability
    Factorial
    No answers on this topic
    Intuit
    I have been using this software for several years now and it has always put out my data in beautiful generated reports that I can use for verification purposes with my financial institute and the IRS. It has all the tools I need to run my business without loosing track of anything
    Incentivized
    Read full review
    Support Rating
    Factorial
    No answers on this topic
    Intuit
    I have never faced any difficulties that required me to contact QuickBooks customer service. QuickBooks has plenty of online tutorials, blog posts, and helpful tips and advice for almost any issues you may face using the desktop or app version of the software. Even if you can not find the right answer on the QuickBooks webpages, there are loads of YouTube videos from experts.
    Incentivized
    Read full review
    Alternatives Considered
    Factorial
    I does not stack up very well. It's best feature is that it is a 360 HR platform, but it needs to evolve and improve. Recruitee and Teamtailor seem way better options, in my opinion, for the Applicant tracking system. Time off tends to get confusing at times, and employees prefer tools like bamboo or Roots, which integrate well with other tools.
    Incentivized
    Read full review
    Intuit
    FreshBooks limited my ability to categorize transactions, specifically removing duplicates or excluding them. I selected QuickBooks Self-Employed because it allowed me to be in control of items. Sometimes accounting is just making sure things are organized the way YOU think, and FreshBooks wasn't doing that for me.
    Incentivized
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    Return on Investment
    Factorial
    • It has not had any impact. we are testing the tool for a while now, but we do not think it will make it to the end of the process.
    • It seems good for ATS but all other functionalities seemed to have been left behind.
    • I like that it allows managing posts and other things like internal social media and communities.
    Incentivized
    Read full review
    Intuit
    • Overall, tagging expenses and mileage has saved me thousands in taxes, for a relatively low cost of around $8/mo.
    • QuickBooks allows me to get invoices to clients quickly and accept online payments, which helps with cashflow.
    • The app has stopped tracking mileage automatically on my device, so I worry that sometimes I am not tracking business miles effectively, which could end up costing me at the EOY.
    Incentivized
    Read full review
    ScreenShots

    Factorial Screenshots

    Product screenshotProduct screenshotProduct screenshotProduct screenshotProduct screenshot