FinancialForce HCM - HR for Everyone!
February 16, 2017

FinancialForce HCM - HR for Everyone!

Machell Enke | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with FinancialForce HCM

Full functionality of the HCM application is being used across the company for hire to retire.
  • FinancialForce HCM gives you the full life cycle of the Hire to Retire process supported by standard Salesforce functionality.
  • The employee and manager self-service functionality allows for end users to be more efficient in their daily HR tasks.
  • HR admins gain 360 views through robust dashboards and reports.
  • Performance review process could be streamlined or better defined.
  • Standardized process for administrating benefit options year over year, the ability to quickly update pricing and tier changes.
  • Out of box standardized holiday calendar templates.
  • Gained efficiencies in having workforce on one system of record - Salesforce
  • Ability to see full life cycle of Hire to Retire without having to utilize excel or other systems
  • Requires a resource who is proficient at Salesforce administrative tasks
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.
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.

FinancialForce HCM (Discontinued) Feature Ratings

Employee demographic data
10
Employment history
10
Job profiles and administration
10
Workflow for transfers, promotions, pay raises, etc.
10
Organizational charting
10
Organization and location management
9
Compliance data (COBRA, OSHA, etc.)
9
Pay calculation
9
Support for external payroll vendors
8
Benefit plan administration
8
Salary revision and increment management
8
Approval workflow
9
Balance details
9
Annual carry-forward and encashment
9
View and generate pay and benefit information
8
Update personal information
8
View job history
8
View company policy documentation
8
Employee recognition
8
Tracking of all physical assets
7
Report builder
8
Pre-built reports
8
Ability to combine HR data with external data
8
Performance plans
7
Performance improvement plans
3
Review status tracking
6
Review reminders
9
Multiple review frequency
9
Create succession plans/pools
4
Candidate ranking
4
Candidate search
4
Candidate development
4
New hire portal
7
Manager tracking tools
7
Corporate goal setting
6
Individual goal setting
7
Line-of sight-visibility
7
Performance tracking
7
Job Requisition Management
8
Company Website Posting
6
Publish to Social Media
8
Job Search Site Posting
8
Duplicate Candidate Prevention
9
Applicant Tracking
8
Notifications and Alerts
9