FinancialForce HCM (Discontinued) vs. Paycom

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
Paycom
Score 7.3 out of 10
N/A
Paycom is a core HR management software solution. It includes features such as talent acquisition and management, time tracking, and payroll management. It offers some automation capacities, particularly regarding payroll.N/A
Pricing
FinancialForce HCM (Discontinued)Paycom
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
FinancialForce HCM (Discontinued)Paycom
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)Paycom
Top Pros
Top Cons
Features
FinancialForce HCM (Discontinued)Paycom
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
Paycom
6.9
356 Ratings
13% below category average
Employee demographic data8.53 Ratings7.3323 Ratings
Employment history8.04 Ratings6.8309 Ratings
Job profiles and administration9.14 Ratings7.0310 Ratings
Workflow for transfers, promotions, pay raises, etc.9.14 Ratings6.6311 Ratings
Organizational charting8.14 Ratings5.9233 Ratings
Organization and location management9.53 Ratings7.9269 Ratings
Compliance data (COBRA, OSHA, etc.)8.63 Ratings6.8256 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
Paycom
7.5
369 Ratings
7% below category average
Pay calculation8.63 Ratings7.9358 Ratings
Support for external payroll vendors8.01 Ratings6.447 Ratings
Benefit plan administration8.02 Ratings7.6307 Ratings
Direct deposit files8.02 Ratings8.0358 Ratings
Salary revision and increment management8.03 Ratings7.1294 Ratings
Reimbursement management8.01 Ratings7.0199 Ratings
Off-cycle/On-Demand payment00 Ratings8.713 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
Paycom
7.5
326 Ratings
7% below category average
Approval workflow8.74 Ratings7.4311 Ratings
Balance details8.64 Ratings7.4311 Ratings
Annual carry-forward and encashment8.63 Ratings7.7258 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
Paycom
7.5
370 Ratings
8% below category average
View and generate pay and benefit information8.43 Ratings7.8363 Ratings
Update personal information9.04 Ratings8.2366 Ratings
View company policy documentation8.64 Ratings7.6325 Ratings
Employee recognition8.93 Ratings6.4176 Ratings
View job history9.04 Ratings7.7290 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
Paycom
4.9
26 Ratings
45% below category average
Tracking of all physical assets8.02 Ratings4.926 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
Paycom
6.2
317 Ratings
20% below category average
Report builder8.54 Ratings6.4311 Ratings
Pre-built reports8.74 Ratings6.5308 Ratings
Ability to combine HR data with external data8.84 Ratings5.855 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
FinancialForce HCM (Discontinued)
7.6
4 Ratings
5% below category average
Paycom
7.1
312 Ratings
12% below category average
New hire portal7.64 Ratings7.4309 Ratings
Manager tracking tools7.64 Ratings6.7267 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
Paycom
5.5
181 Ratings
39% below category average
Corporate goal setting7.24 Ratings4.236 Ratings
Individual goal setting8.04 Ratings6.3168 Ratings
Line-of sight-visibility7.43 Ratings4.835 Ratings
Performance tracking8.43 Ratings6.4177 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
Paycom
6.7
226 Ratings
17% below category average
Performance plans8.34 Ratings6.8209 Ratings
Performance improvement plans6.84 Ratings6.7198 Ratings
Review status tracking7.64 Ratings6.7202 Ratings
Review reminders8.44 Ratings7.1209 Ratings
Multiple review frequency8.74 Ratings6.3187 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
Paycom
6.8
34 Ratings
15% below category average
Create succession plans/pools5.53 Ratings9.124 Ratings
Candidate ranking6.23 Ratings6.830 Ratings
Candidate search6.63 Ratings5.833 Ratings
Candidate development6.23 Ratings5.429 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
Paycom
6.7
218 Ratings
14% below category average
Job Requisition Management8.73 Ratings6.9195 Ratings
Company Website Posting8.02 Ratings7.2192 Ratings
Publish to Social Media8.52 Ratings6.5154 Ratings
Job Search Site Posting8.52 Ratings6.9178 Ratings
Duplicate Candidate Prevention7.33 Ratings6.2165 Ratings
Applicant Tracking8.43 Ratings6.6201 Ratings
Notifications and Alerts9.13 Ratings6.1204 Ratings
Best Alternatives
FinancialForce HCM (Discontinued)Paycom
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
FinancialForce HCM (Discontinued)Paycom
Likelihood to Recommend
8.4
(4 ratings)
6.8
(389 ratings)
Likelihood to Renew
-
(0 ratings)
8.3
(20 ratings)
Usability
-
(0 ratings)
8.4
(23 ratings)
Availability
-
(0 ratings)
9.1
(1 ratings)
Performance
-
(0 ratings)
8.2
(1 ratings)
Support Rating
-
(0 ratings)
9.0
(51 ratings)
In-Person Training
-
(0 ratings)
6.4
(1 ratings)
Online Training
-
(0 ratings)
7.3
(1 ratings)
Implementation Rating
-
(0 ratings)
7.8
(6 ratings)
Configurability
-
(0 ratings)
5.5
(1 ratings)
Ease of integration
-
(0 ratings)
5.5
(1 ratings)
Product Scalability
-
(0 ratings)
5.5
(1 ratings)
Vendor post-sale
-
(0 ratings)
4.9
(2 ratings)
Vendor pre-sale
-
(0 ratings)
8.3
(2 ratings)
User Testimonials
FinancialForce HCM (Discontinued)Paycom
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.
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Paycom
Paycom has really helped us to configure our timecards and payroll to fit our unique pay structure. The system made it easy for staff to understand and not just the payroll/HR department. We use paper pay checks, and the system uses the "home location" for delivery which is not necessarily where the employee works, just where they pick up their check. If we used direct deposit, I am sure that would not be an issue.
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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
Paycom
  • Customer Support- Jaco Lau and Jeff Sullins have been highly responsive to all of our needs and customizations
  • Customization capabilities - we have had to build an End-To-End performance management system that now fits and meets our needs
  • Functionality - the tools and intuitive use of Paycom makes for a great user-experience. Our employees are already embracing it and have expressed gratitude for moving to this new platform.
Read full review
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
Paycom
  • Update alert system for employees. When and employee misses a clock in so he/she requests a missed punch correction, the alert saying missed punch will continue to pop up at the employee until a manager approves said punch request. It confuses employees and makes them think they didn't request the punch so they do it again. It should not keep alerting said employee if he/she made a change to fix it. If anything, it should alert the manager until said requests are approved and/or denied.
  • Provide the employees pay rate in the edit grid layout section of payroll
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Likelihood to Renew
Discontinued Products
No answers on this topic
Paycom
We've made the mistake of moving away from Paycom to a PEO which had made a lot of promises, that they could not keep. Less than a year after that transition, we returned to Paycom and are happier than ever.
Read full review
Usability
Discontinued Products
No answers on this topic
Paycom
The system is very user friendly. Once you navigate where your information is stored under the forms you are golden. While the training amplified my capabilities and knowledge, I could have jumped into the system without and training and managed just fine. This probably one of my favorite parts about Paycom!
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Reliability and Availability
Discontinued Products
No answers on this topic
Paycom
They are very dependable and I have never experience any outages
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Performance
Discontinued Products
No answers on this topic
Paycom
It is a solid product and was out first payroll software that we have used
Read full review
Support Rating
Discontinued Products
No answers on this topic
Paycom
Our TSR has been wonderful to work with. Every step of the
way he was quick to respond and answer any questions we had. I knew I could
reach him at any time (day or night) and he would be available to assist.
Implementing a new HRIS system is obviously a huge task and I contribute all
our success to our rep Kurt! Of course, with any implementation, there were
bumps along the way and issues. But I always knew we would work as a team to
get those issues figured out. Working in the Paycom system has been smooth and
easy to learn and I enjoy the employee self-service interface. Our managers
have had positive things to say and are all excited about the changes we have
been able to make to our organization due to Paycom being implemented.
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In-Person Training
Discontinued Products
No answers on this topic
Paycom
They were a sales person and not really a good trainer.
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Online Training
Discontinued Products
No answers on this topic
Paycom
All the online training modules were short and straight to the point. Every module teach you how to use the system. If there is one thing they know how to do is training. We did implementation during the pandemic so all had to be done online or via zoom meetings.
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Implementation Rating
Discontinued Products
No answers on this topic
Paycom
Not at all satisfied it was a nightmare we spent over 8 months with the implementation team having issues after issues all related to the Puerto Rico regulations (half my employees are in Puerto Rico) and at the end we were moved over from the implementation team to the production team without all the issues being resolved
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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.
Read full review
Paycom
ADP is too complex, too many people to go through to get what you need, as you need it. I can only say that I don't want to ever have to go back to using ADP again., Wherever my career leads me - I will lead them to PAYCOM!!
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Scalability
Discontinued Products
No answers on this topic
Paycom
They are not able to meet our current needs
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Return on Investment
Discontinued Products
  • It improved self service capabilities - saving significant HR time.
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Paycom
  • Saved time, 2 person HR department so time is limited. With reduced time for onboarding we have been able to focus on other areas.
  • Improved employee satisfaction- employees enjoy the ease of use of the system and the ability to use on their phones.
  • Reduced background check/drug screening costs- prior providers were absorbent in the amount we paid compared to Paycom.
Read full review
ScreenShots

Paycom Screenshots

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