FinancialForce HCM (Discontinued) vs. Paylocity

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
Paylocity
Score 7.8 out of 10
N/A
Paylocity provides 24/7 access to your online payroll and human resource data management. Paylocity offers highly customizable payroll functionality, as well as HR, benefits administration, and time and talent management programs.N/A
Pricing
FinancialForce HCM (Discontinued)Paylocity
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
FinancialForce HCM (Discontinued)Paylocity
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)Paylocity
Top Pros
Top Cons
Features
FinancialForce HCM (Discontinued)Paylocity
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
Paylocity
7.8
847 Ratings
0% below category average
Employee demographic data8.53 Ratings8.5798 Ratings
Employment history8.04 Ratings8.2779 Ratings
Job profiles and administration9.14 Ratings7.8716 Ratings
Workflow for transfers, promotions, pay raises, etc.9.14 Ratings7.6727 Ratings
Organizational charting8.14 Ratings7.1668 Ratings
Organization and location management9.53 Ratings7.8650 Ratings
Compliance data (COBRA, OSHA, etc.)8.63 Ratings7.5556 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
Paylocity
8.1
835 Ratings
1% above category average
Pay calculation8.63 Ratings8.6811 Ratings
Support for external payroll vendors8.01 Ratings7.3381 Ratings
Benefit plan administration8.02 Ratings7.2554 Ratings
Direct deposit files8.02 Ratings8.9810 Ratings
Salary revision and increment management8.03 Ratings8.2641 Ratings
Reimbursement management8.01 Ratings7.9395 Ratings
Off-cycle/On-Demand payment00 Ratings8.5581 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
Paylocity
7.6
698 Ratings
6% below category average
Approval workflow8.74 Ratings7.9619 Ratings
Balance details8.64 Ratings7.4668 Ratings
Annual carry-forward and encashment8.63 Ratings7.4518 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
Paylocity
8.3
847 Ratings
2% above category average
View and generate pay and benefit information8.43 Ratings8.5824 Ratings
Update personal information9.04 Ratings8.6838 Ratings
View company policy documentation8.64 Ratings8.0665 Ratings
Employee recognition8.93 Ratings8.3581 Ratings
View job history9.04 Ratings8.3703 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
Paylocity
7.5
238 Ratings
3% below category average
Tracking of all physical assets8.02 Ratings7.5238 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
Paylocity
7.0
773 Ratings
8% below category average
Report builder8.54 Ratings7.0739 Ratings
Pre-built reports8.74 Ratings7.4753 Ratings
Ability to combine HR data with external data8.84 Ratings6.5449 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
FinancialForce HCM (Discontinued)
7.6
4 Ratings
5% below category average
Paylocity
8.2
721 Ratings
2% above category average
New hire portal7.64 Ratings8.3717 Ratings
Manager tracking tools7.64 Ratings8.0559 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
Paylocity
7.4
374 Ratings
10% below category average
Corporate goal setting7.24 Ratings7.4283 Ratings
Individual goal setting8.04 Ratings7.4345 Ratings
Line-of sight-visibility7.43 Ratings7.3244 Ratings
Performance tracking8.43 Ratings7.4348 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
Paylocity
7.4
480 Ratings
7% below category average
Performance plans8.34 Ratings7.2429 Ratings
Performance improvement plans6.84 Ratings7.2355 Ratings
Review status tracking7.64 Ratings7.4441 Ratings
Review reminders8.44 Ratings7.5443 Ratings
Multiple review frequency8.74 Ratings7.6362 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
Paylocity
7.1
220 Ratings
10% below category average
Create succession plans/pools5.53 Ratings6.7147 Ratings
Candidate ranking6.23 Ratings7.1180 Ratings
Candidate search6.63 Ratings7.4200 Ratings
Candidate development6.23 Ratings7.4161 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
Paylocity
7.7
453 Ratings
1% below category average
Job Requisition Management8.73 Ratings7.8372 Ratings
Company Website Posting8.02 Ratings8.1396 Ratings
Publish to Social Media8.52 Ratings7.7304 Ratings
Job Search Site Posting8.52 Ratings7.7371 Ratings
Duplicate Candidate Prevention7.33 Ratings7.0310 Ratings
Applicant Tracking8.43 Ratings8.0416 Ratings
Notifications and Alerts9.13 Ratings7.9414 Ratings
Best Alternatives
FinancialForce HCM (Discontinued)Paylocity
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)Paylocity
Likelihood to Recommend
8.4
(4 ratings)
7.7
(882 ratings)
Likelihood to Renew
-
(0 ratings)
8.9
(82 ratings)
Usability
-
(0 ratings)
8.5
(58 ratings)
Availability
-
(0 ratings)
8.8
(9 ratings)
Performance
-
(0 ratings)
9.4
(9 ratings)
Support Rating
-
(0 ratings)
7.2
(79 ratings)
Online Training
-
(0 ratings)
8.3
(10 ratings)
Implementation Rating
-
(0 ratings)
8.2
(33 ratings)
Configurability
-
(0 ratings)
8.3
(7 ratings)
Contract Terms and Pricing Model
-
(0 ratings)
8.1
(4 ratings)
Ease of integration
-
(0 ratings)
6.6
(7 ratings)
Product Scalability
-
(0 ratings)
8.8
(8 ratings)
Professional Services
-
(0 ratings)
9.1
(4 ratings)
Vendor post-sale
-
(0 ratings)
7.3
(7 ratings)
Vendor pre-sale
-
(0 ratings)
9.0
(6 ratings)
User Testimonials
FinancialForce HCM (Discontinued)Paylocity
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
Paylocity
Paylocity works well for our organization. Ease of use for our managers and employees is very important. Makes it easier for us in HR to manage. Time and attendance works very well. Efficient and effective. Payroll runs very smoothly. We appreciate the performance and compensation module for tracking employees performance, journals and getting feedback and annual compensation.
Read full review
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
Paylocity
  • Customer Service is always helpful with little wait time.
  • Always improving; for example, the recent change to processing payroll. So much easier.
  • Onboarding makes it simple and the fact that the company can personalize the messaging to new hires allows us to make it more personalized.
  • Having an assigned account manager regardless of company size is definitely a plus.
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
Paylocity
  • Recruiting piece/ATS could be improved.
  • A candidate being able to save progress on their application is really a must as they can't leave and come back to their application without having to restart, i.e. if they need to get a phone number for a reference for example.
  • Could use more room in entering the job for internal notes.
  • Quirky when doing cut and paste of job details that leaves spaces that aren't in the document being pasted.
Read full review
Likelihood to Renew
Discontinued Products
No answers on this topic
Paylocity
We have had many issues with the way our platform was set up at implementation that still continue to plague us. In addition, our benefits, in particular our FSA, have been mis-managed causing a balance due from an employee (and also a lot of work for our accounting and HR team, as well as stress for the employee). Our service rep continues to answer incorrectly on many fronts (original response is usually check out this paylocity article, vs. helping) and recently our COBRA management was mishandled (not adding Dental to a person on Cobra who had requested it). So- all in all...we are not particularly happy w/ Paylocity
Read full review
Usability
Discontinued Products
No answers on this topic
Paylocity
Overall, in my experience, Paylocity has been easy to use for both staff and administrators. First, the staff has an application and inputting Paid Time Off is easy to do. I then get an alert on my app and I am able to approve it on the spot from my app that gives me access as an employee and an administrator without having to use multiple apps or logins. As an administrator I think the portal is easy to use, Paylocity did a great job showing me tools and rolling out training classes before rollout.
Read full review
Reliability and Availability
Discontinued Products
No answers on this topic
Paylocity
Paylocity support is always available and I never have to wait endlessly on hold. If our dedicated account manage is not available, there is an entire team assigned to our account. Every one of them is knowledgeable about our organization and Paylocity's process.
Read full review
Performance
Discontinued Products
No answers on this topic
Paylocity
pages load in an acceptable amount of time, reports come back quickly, but integration is very complicated and hasn't been possible
Read full review
Support Rating
Discontinued Products
No answers on this topic
Paylocity
Everyone wants immediate assistance. Awaiting a response from an email only to ask 2-3 more questions is time consuming. Within the first six months of setup, I would rather respond back to the instructors who provided me the training in each category of my contract.
Read full review
Online Training
Discontinued Products
No answers on this topic
Paylocity
The training was live online, but was with a group of other companies. We did not receive any personalized training with our team. Whenever we would ask for training, we would be sent a peak article link or a video. It felt like the reps we dealt with didn't know the answer to the questions.
Read full review
Implementation Rating
Discontinued Products
No answers on this topic
Paylocity
I had gone through an implementation process of another HR platform (Paycom) in my previous job and was traumatized, it was painful. I was surprised how easy and fast it was with Paylocity, the team was very helpful and set us up for success
Read full review
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
Paylocity
We honestly had a program that only kept track of our Demographics, salaries, etc. then all of our Payroll was done on paper with paper leave slips etc. When I saw Paylocity, I was very excited about how easy it is/would be to use. [...] Our Paylocity rep that I spoke to was super GREAT in the explanation of Paylocity and I didn't even shop around much.
Read full review
Contract Terms and Pricing Model
Discontinued Products
No answers on this topic
Paylocity
I wasn't involved in the sales process. I joined the organization after Paylocity was implemented.
Read full review
Scalability
Discontinued Products
No answers on this topic
Paylocity
You have an account manager assigned to you on a daily basis but that person is barely available to you
Read full review
Professional Services
Discontinued Products
No answers on this topic
Paylocity
Support is quick and proffessional
Read full review
Return on Investment
Discontinued Products
  • It improved self service capabilities - saving significant HR time.
Read full review
Paylocity
  • Definitely more consistent processes. Everything is very user friendly and it reduces the amount of time it has taken us in the past before we started using Paylocity. Everything flows super smoothly.
  • We have an improved retention since we have used Paylocity. Before hand, many employees thought it was difficult to find anything like tax forms, pay stubs, benefit elections, etc. when we used other platforms before we implemented our data into Paylocity.
  • Costs have been reduced and the decision-making process has improved and got quicker. Before Paylocity, it would take at least a week to get a salary increase approved, or a job title change approved. Now, it take less than a day and is super easy.
Read full review
ScreenShots