FinancialForce HCM (Discontinued) vs. Iris HR Software

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
Iris HR Software
Score 6.3 out of 10
N/A
Iris HR Software (formerly Octopus HR, acquired by Iris Software Group April 2016) is an HR suite.
$1.50
Per User Per Month
Pricing
FinancialForce HCM (Discontinued)Iris HR Software
Editions & Modules
No answers on this topic
Basic
$1.50
Per User Per Month
Offerings
Pricing Offerings
FinancialForce HCM (Discontinued)Iris HR Software
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
FinancialForce HCM (Discontinued)Iris HR Software
Top Pros
Top Cons
Features
FinancialForce HCM (Discontinued)Iris HR Software
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
FinancialForce HCM (Discontinued)
8.7
4 Ratings
10% above category average
Iris HR Software
8.0
1 Ratings
2% above category average
Employee demographic data8.53 Ratings8.01 Ratings
Employment history8.04 Ratings8.01 Ratings
Job profiles and administration9.14 Ratings8.01 Ratings
Workflow for transfers, promotions, pay raises, etc.9.14 Ratings8.01 Ratings
Organizational charting8.14 Ratings8.01 Ratings
Organization and location management9.53 Ratings8.01 Ratings
Compliance data (COBRA, OSHA, etc.)8.63 Ratings8.01 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
FinancialForce HCM (Discontinued)
8.1
3 Ratings
1% above category average
Iris HR Software
8.0
1 Ratings
0% below category average
Pay calculation8.63 Ratings00 Ratings
Support for external payroll vendors8.01 Ratings00 Ratings
Benefit plan administration8.02 Ratings8.01 Ratings
Direct deposit files8.02 Ratings00 Ratings
Salary revision and increment management8.03 Ratings8.01 Ratings
Reimbursement management8.01 Ratings8.01 Ratings
Leave and Attendance Management
Comparison of Leave and Attendance Management features of Product A and Product B
FinancialForce HCM (Discontinued)
8.6
4 Ratings
6% above category average
Iris HR Software
8.0
1 Ratings
1% below category average
Approval workflow8.74 Ratings8.01 Ratings
Balance details8.64 Ratings8.01 Ratings
Annual carry-forward and encashment8.63 Ratings8.01 Ratings
Employee Self Service
Comparison of Employee Self Service features of Product A and Product B
FinancialForce HCM (Discontinued)
8.8
4 Ratings
8% above category average
Iris HR Software
8.3
1 Ratings
2% above category average
View and generate pay and benefit information8.43 Ratings8.01 Ratings
Update personal information9.04 Ratings8.01 Ratings
View company policy documentation8.64 Ratings9.01 Ratings
Employee recognition8.93 Ratings8.01 Ratings
View job history9.04 Ratings00 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
FinancialForce HCM (Discontinued)
8.0
2 Ratings
3% above category average
Iris HR Software
-
Ratings
Tracking of all physical assets8.02 Ratings00 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
FinancialForce HCM (Discontinued)
8.7
4 Ratings
14% above category average
Iris HR Software
8.0
1 Ratings
5% above category average
Report builder8.54 Ratings8.01 Ratings
Pre-built reports8.74 Ratings8.01 Ratings
Ability to combine HR data with external data8.84 Ratings8.01 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
FinancialForce HCM (Discontinued)
7.6
4 Ratings
5% below category average
Iris HR Software
8.0
1 Ratings
0% below category average
New hire portal7.64 Ratings8.01 Ratings
Manager tracking tools7.64 Ratings00 Ratings
Performance and Goals
Comparison of Performance and Goals features of Product A and Product B
FinancialForce HCM (Discontinued)
7.7
4 Ratings
6% below category average
Iris HR Software
8.0
1 Ratings
2% below category average
Corporate goal setting7.24 Ratings8.01 Ratings
Individual goal setting8.04 Ratings8.01 Ratings
Line-of sight-visibility7.43 Ratings00 Ratings
Performance tracking8.43 Ratings8.01 Ratings
Performance Management
Comparison of Performance Management features of Product A and Product B
FinancialForce HCM (Discontinued)
8.0
4 Ratings
1% above category average
Iris HR Software
8.0
1 Ratings
1% above category average
Performance plans8.34 Ratings8.01 Ratings
Performance improvement plans6.84 Ratings8.01 Ratings
Review status tracking7.64 Ratings8.01 Ratings
Review reminders8.44 Ratings8.01 Ratings
Multiple review frequency8.74 Ratings8.01 Ratings
Succession Planning
Comparison of Succession Planning features of Product A and Product B
FinancialForce HCM (Discontinued)
6.1
3 Ratings
26% below category average
Iris HR Software
8.0
1 Ratings
1% above category average
Create succession plans/pools5.53 Ratings8.01 Ratings
Candidate ranking6.23 Ratings8.01 Ratings
Candidate search6.63 Ratings8.01 Ratings
Candidate development6.23 Ratings8.01 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
FinancialForce HCM (Discontinued)
8.4
3 Ratings
8% above category average
Iris HR Software
8.0
1 Ratings
3% above category average
Job Requisition Management8.73 Ratings8.01 Ratings
Company Website Posting8.02 Ratings8.01 Ratings
Publish to Social Media8.52 Ratings00 Ratings
Job Search Site Posting8.52 Ratings00 Ratings
Duplicate Candidate Prevention7.33 Ratings00 Ratings
Applicant Tracking8.43 Ratings00 Ratings
Notifications and Alerts9.13 Ratings8.01 Ratings
Best Alternatives
FinancialForce HCM (Discontinued)Iris HR Software
Small Businesses
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Score 9.0 out of 10
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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
FinancialForce HCM (Discontinued)Iris HR Software
Likelihood to Recommend
8.4
(4 ratings)
7.0
(2 ratings)
Likelihood to Renew
-
(0 ratings)
8.0
(1 ratings)
User Testimonials
FinancialForce HCM (Discontinued)Iris HR Software
Likelihood to Recommend
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.
Read full review
IRIS Software Group
Our staff is kept updated with more company policies and we are able to track their holiday and sick days much better. The help and support of their contact support are super good. They reply super fast and are very kind. Also, their sales department isn't pushy like other services they are very knowledgeable and kind.
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Pros
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.
Read full review
IRIS Software Group
  • It's simple. I really appreciate that the layout of Octopus HR isn't something I have to question. I know where to look for something because it's clearly labeled, that's more than I can say for a lot of other HR systems I've seen.
  • Support. If I ever have a question about setting something up, or if something goes wrong, they're always on top of it. For instance, I had no idea how to set up employee photos on our accounts. I tweeted them and they responded right away, I'm based in LA and they're a UK company, I was impressed that they were able to respond right away. They make sure their customers are taken care of.
  • Great self guide. If there's ever an ordinary question I need answered their "Octopus Guide" is very thorough and walks you through everything.
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Cons
Discontinued Products
  • Dashboards need updating
  • Difficult to customise reports
  • Salesforce is not always as quick to respond with service issues as they could be
Read full review
IRIS Software Group
  • It can take some effort to understand
  • Perhaps the price can go down a bit
  • Menu layout
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Likelihood to Renew
Discontinued Products
No answers on this topic
IRIS Software Group
Employees don't complain about it! If anything they've commented on how nice of a tool it is to have.
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Alternatives Considered
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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IRIS Software Group
I would say the pricing is good but it could be better. Also, the customer service is amazing they do such a great job and you can tell they know what they are doing. Visually it is very easy to use and looks very professional. It is a quick set up and they do their best to give you what you want and need.
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Return on Investment
Discontinued Products
  • It improved self service capabilities - saving significant HR time.
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IRIS Software Group
  • Employee efficiency. There's never a question of who I request my time off with. The program sets up line managers who take in all the requests.
  • Less wasted time. Contact info and photo are very visible and easily accessed.
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ScreenShots