Great Balance between Budget and Function
January 09, 2017

Great Balance between Budget and Function

Calvin Harris | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with FinancialForce HCM

We use FinancialForce HCM with clients, as in we have helped clients implement FinancialForce HCM. On the whole, it is a simple program that has all the functionality the client was looking for, but issues came up with integration which took quite a while to resolve. This software addresses basic HR needs that a typical mid-sized company would have.
  • Simple and straight-forward to use
  • Once the integration issues were worked out, it started working without issues and provided the correct data in a timely manner
  • Self-service capabilities
  • Dashboards need updating
  • Difficult to customise reports
  • Salesforce is not always as quick to respond with service issues as they could be
  • Simplified many HR processes
  • Better tracking of various business processes
  • Improved productivity because it reduced the workload that it took to complete tasks for many employees (especially in HR and recruiting)
After discussing several HCM vendors, it was decided that Financial Force HCM was the best fit for this client because it had the right balance between features and price. Considering the modules they required, and their current software setup (mainly Salesforce) Financial Force HCM made the most sense for this client.
In my opinion, this solution is best suited to mid-sized companies who require an HCM system but are not looking for something highly complicated and customisable. Once up and running, it is simple for employees to enroll in benefits and request various forms from HR, participate in trainings, enter time cards, etc.

FinancialForce HCM (Discontinued) Feature Ratings

Employee demographic data
Not Rated
Employment history
8
Job profiles and administration
8
Workflow for transfers, promotions, pay raises, etc.
8
Organizational charting
7
Organization and location management
Not Rated
Compliance data (COBRA, OSHA, etc.)
8
Pay calculation
8
Support for external payroll vendors
Not Rated
Benefit plan administration
8
Direct deposit files
8
Salary revision and increment management
8
Reimbursement management
8
Approval workflow
8
Balance details
9
Annual carry-forward and encashment
8
View and generate pay and benefit information
9
Update personal information
9
View job history
9
View company policy documentation
9
Employee recognition
Not Rated
Tracking of all physical assets
Not Rated
Report builder
7
Pre-built reports
8
Ability to combine HR data with external data
8
Performance plans
8
Performance improvement plans
8
Review status tracking
8
Review reminders
8
Multiple review frequency
8
Create succession plans/pools
7
Candidate ranking
7
Candidate search
7
Candidate development
7
New hire portal
8
Manager tracking tools
8
Corporate goal setting
8
Individual goal setting
8
Line-of sight-visibility
7
Performance tracking
8
Job Requisition Management
8
Company Website Posting
Not Rated
Publish to Social Media
Not Rated
Job Search Site Posting
Not Rated
Duplicate Candidate Prevention
8
Applicant Tracking
8
Notifications and Alerts
8