FinancialForce HCM

FinancialForce HCM

Complete HR Solution for SMB from Hire to Retire

3.1/5 (11 reviews)

FinancialForce HCM Overview

Developed on the industry's leading cloud platform, FinancialForce Human Capital Management delivers one complete and integrated human capital management solution for global small and medium business.

FinancialForce Human Capital Management (Formerly Vana Workforce) delivers one complete and integrated human capital management solution for global organizations form hire to retire including the core human resource system of record, benefits & compensation, absence management, performance and talent management, career and succession planning, workforce collaboration, and workforce analytics.

Complete and Integrated Human Capital Management Suite
Global HR, Benefits, Leave & Absence, Performance and Talent, Succession
Workforce Collaboration, Dashboards & Reports, Social Feedback

Pricing

Starting from
N/A
Pricing options
Free Trial
Subscription
Value for money

Devices

Business size

S
M
L

Markets

Australia, Canada, Europe, Germany, Latin America and 3 others, Middle-East and Africa, United Kingdom, United States

Supported Languages

English

FinancialForce HCM Reviews

Overall rating
3.1/5
55% positive reviews
3
Excellent
3
Very good
0
Average
3
Poor
2
Terrible
William M.

More than I need Human Capital Management Software

Reviewed on 2011/12/01
Review Source: Capterra

I would say if you are a small or medium business and you have no idea what an HR department or IT department looks like, then you need Vana Human Capital Management.

If you have employees and you want to increase performance, this solution is complete. HR departments will thank you, you will save time and headaches.

This made our performance reviews a dream. The social collaboration is new to us and has become the center of our corporate universe.

you will be overwhelmed so just be warned the Quick Start Implementation will appeal to you, but I encourage you to just get the next level up so the team at VanaWorkforce.com will do all the work for you.

Just get it.

Oh yeah, since it is on force.com it makes integration with CRM and other force.com products a single click of the mouse and has single sign-on, super cool.

Patrick.

Pros

The user interface is excellent. If you know Salesforce.com CRM then you will inherently know how to use Vana HCM. WOW! No training required.

Great future vision product, it has more than I need to manage my team, recruit and track people, leave, benefits, compensation, performance and more.

Even better I LOVE the Social Collaboration tool. It keeps my employees working and collaborating in the solution and not of facebook or twitter. Also love the collaboration on goals, initiatives, performance reviews and projects.

Top it off the library was an added bonus, since I can store and share corporate documents and even education materials as part of the solution (free) and have my team collaborate with others on these and track it in the learning management.

Overall: over the top! Thank you.

Cons

There is almost too much to learn. The overwhelm is consuming. I wish I had the ability to configure everything that is delivered.

Knowing where to start was a bit daunting, thank goodness they did the first series of configurations to launch the product and provided me with an easy to use Getting Started Guide so my team could calm down and get started 1...2...3

Learning to use the system most effectively was a challenge, but I think we finally got it. It may have been more of a resistance to change, rather than a solution problem. It took a while to adopt it as a company, but we are all on the same page now and it ROCKS!

The Social Org Chart was a bit of a challenge to set up, but easy to re-org and fix with a little help and is now AWESOME!

Rating breakdown

Ease of Use
Customer Support

Asha A.

Break down walls with FinancialForce HCM

Reviewed on 2015/08/25
Review Source: SoftwareAdvice

Pros

FinancialForce Human Capital Management (HCM) sits on the Salesforce platform, so it has a familiar look and feel to employees as well as becomes seamless to access in day-to-day work. FinancialForce's investment in the HCM product shows in the product roadmap. In configuring the software, you can decide to keep control or open up different tabs to employees and build approval workflows from the employee to manager to HR or not.

Cons

The use of VisualForce pages makes it difficult to relabel fields or add custom fields to a page. The software is built around a hierarchical work structure, so it can be hard to track matrix work relationships.

Rating breakdown

Ease of Use
Customer Support

Likelihood to recommend

10.0/10
Peter K.

Does what it needs to do with ease

Used Weekly for 2+ years
Reviewed on 2017/10/14
Review Source: Capterra

Pros

The best thing about this software is that it is easy to use and the price is a bargain for all of the functionality that it gives. A company does not have to break the bank to get a ton of usefulness.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

10.0/10
Verified Reviewer

it's ok, but people keep asking for a replacement

Reviewed on 2015/09/11
Review Source: GetApp

Used to manage a moderate employee base. Generally use for things like making sure the proper people approve/deny requests, to accompany project planning, etc. Extremely easy to set up from an administrative perspective and it does the basics to get the job done.

After you get beyond the initial setup, the nightmare begins. From a poorly designed user interface to extremely slow load times in basic use, the experience is unpleasant. It is tolerable; however, no one is really satisfied with it and a few have gone as far researching and asking for alternative solutions.

It'll get the job done, but it's just not great. Built on/within Salesforce, it suffers from some of the platform's general downfalls, but that's definitely not the only problem. Along with that you also need to keep in mind licensing. There's not only costs for the HCM, but also for the Salesforce platform.

If you are already using Salesforce, it's OK. Not an outstanding value-add, though. There's not a lot of other HCM solutions on the AppExchange and I would therefore recommend looking outside that spectrum completely.

Pros

- Easy to set up
- Support is actually responsive

Cons

- Lack of versatility
- Extremely slow
- Daily use is cumbersome
- Extremely poor user interface
- Overall poor quality
- Cost increases due to deployment platform (Salesforce & the HCM)

Rating breakdown

Value for Money
Ease of Use
Customer Support

Sarah V.

Disappointing

Used Daily for 1+ year
Reviewed on 2017/10/12
Review Source: Capterra

Pros

I do like the functionality to configure. It also offers the full suite which is nice. We do like the ability to create custom fields.

Cons

It doesn't seem to do anything well. There is not specific ways to make sure it is error proof. The out of the box ease of use is limited and doesn't function the way would really like.

Rating breakdown

Value for Money
Ease of Use
Customer Support

FinancialForce HCM Pricing

Starting from
N/A
Pricing options
Free Trial
Subscription
Value for money

Contact for pricing information.

FinancialForce HCM Features

  • API
  • Activity Dashboard
  • Applicant Tracking
  • Automatic Notifications
  • Customizable Reporting
  • Data Import/Export
  • Employee Onboarding
  • Employee Portal
  • Performance Management
  • Recruiting Management
  • Reporting & Statistics
  • Self Service Portal

  • Activity Tracking
  • Automatic Reminders
  • Customizable Branding
  • Employee Database
  • Employee Management
  • Employee Self Service
  • Real Time Reporting
  • Third Party Integration

Additional information for FinancialForce HCM

Key features of FinancialForce HCM

  • Award-winning, complete HR software
  • Built on Salesforce.com Platform
  • Complete and Integrated Human Capital Management Suite
  • Dashboards & Reports
  • Employee & Manager Self Service
  • Global HR System of Record
  • Global HR, Benefits, Leave & Absence
  • Manage your workforce from hire to retire
  • One Integrated Solution
  • Performance and Talent Management
  • Personalized Dashboards
  • Reports & Dashboards
  • Social Feedback
  • Workforce Collaboration
  • Workforce Collaboration

Benefits

It's not just for HR. From recruiting top talent, reducing administrative paper-work, managing performance, compensation planning, time and expense, to managing employee development, FinancialForce HCM is for the entire workforce.

Value for your money. We not only provide a great workforce solution, but also have a great price too. No strings attached.

No long term contracts, pay as you go. You are not bound by any long locked-in contracts. You have the flexibility of paying monthly, quarterly or annually.

It's all hosted. When you choose Vana Workforce, we do the hard work for you. You do not have to buy expensive servers, software, backup solutions, etc. Just focus on your workforce and leave the rest to us.

Ease of Customization. We understand your need to customize our service to your specific needs. Our drag-and-drop customization helps you get things done fast.

GetApp Analysis

Human resources personnel wear many different hats, but that doesn’t mean they have to rely on just as many different software systems to manage their workforce. FinancialForce HCM brings human capital management into the cloud, providing businesses with recruiting, onboarding, talent management, benefits, and time and attendance tools within a unified application.

Tied in natively to the Salesforce1 platform, FinancialForce HCM provides human resources departments in any industry with ways to see how their employees are performing, along with insight into why their employees may not be performing at their optimal levels. Key HR metrics can be visualized and monitored with reporting and dashboards that are available on both mobile and desktop devices.

Core human resources management from FinancialForce HCM.

What is FinancialForce HCM?

FinancialForce HCM was developed with both human resources departments and business users in mind. The cloud-based solution automates business processes through self-service, approvals, and notifications. This gives HR a way to remove themselves from tedious paperwork and tactical efforts that can get in the way. As a result, HR departments are able to work strategically and provide better value to the businesses they manage.

FinancialForce HCM allows HR departments to share workflows and approval processes, which eliminates many of the barriers that can build up between departments within an organization’s infrastructure. Because FinancialForce HCM is built on the Salesforce1 platform, the software gives users complete visibility to their workforce data and provides a consistent user experience from beginning to end. Employees are able to use the same interface for HR, CRM and many other back office applications, which improves adoption rates overall. Additionally, organizations find that their employees take advantage of Chatter and all of the HCM self-service capabilities that leverage Chatter, the industry-leading collaboration tool from Salesforce.com.

Organizational chart build with FinancialForce HCM.

FinancialForce HCM Main Features

Social Referrals and Recruiting of Top Talent

FinancialForce HCM includes a built-in applicant tracking system that is completely unified with the rest of the HCM system. Recruiters are able to actively interact with candidates through tens of thousands of job boards and career sites but can also take advantage of their employees’ social networks. All job postings can be cascaded to LinkedIn, Twitter or Facebook, reaching candidates who may not be actively looking at your company. All referrals are linked to the original referrer so that the employee can receive thank you gifts or referral bonuses. Once a candidate has successfully completed the application and interview process, FinancialForce HCM generates a job offer letter that can be signed electronically and when completed, their candidate records are automatically brought into the HCM system.

Users can review the status of any applicant from within the recruiting module, or click on the title of an available position to see the current status. From one main page, you’ll be able to see how many job applicants have been interviewed and how many job offers have been sent out. You can also see the average rating of each applicant based on feedback entered into the FinancialForce HCM system.

FinancialForce HCM's recruitment module.

Social referrals.

Exchanging Information With Chatter

As mentioned above, FinancialForce HCM takes advantage of the social tool, Chatter, to exchange information. From within a Chatter feed, users can see embedded human resources pieces. For example, if an employee has a time-off request, then that request will appear in the Chatter feed once it has been approved by a manager.

Each employee should have his or her own Chatter profile. On that profile, you’ll see a list of posts. You can share what you’re currently working on through this page, and upload files or documents to distribute with your team. Colleagues can comment on or “like” the posts you add to Chatter as well.

Exchanging employee information through Chatter.

Increase Employee Engagement, Collaboration, Productivity with Social Goals

What professional goals do you hope to accomplish this month or this year? With FinancialForce HCM, employees can set personal goals and team goals. Using the social capabilities of the module, employees can ask others to help achieve those goals, which are tracked against each user’s progress toward accomplishing those goals.

Click on the “My Goals” tab to open up a list of your personal goals. You can create a new goal by clicking “New Goal,” and quickly see how many goals you’ve accomplished so far this year. By working with a manager or supervisor, you should be able to create personal goals that align with the larger objectives of your department or organization.

Setting performance and personal goals with FinancialForce HCM.

Social goals.

Tracking Time and Attendance

One of the easiest ways to manage a workforce and reduce labor costs is by monitoring employee time and attendance. FinancialForce HCM offers a time and attendance module that automates the process. Timesheets allow employees to record time against work, while FinancialForce HCM’s Easy Clocking system captures data and feeds timesheets through an API.

Ask employees to start punching in and out of work with FinancialForce HCM, making sure to enter the earning code, project and assignments they were working on (when applicable) each day. FinancialForce HCM can record time against locations and work, which ensures accountability and helps larger organizations avoid compliance-related issues.

FinancialForce HCM's time and attendance tool.

FinancialForce HCM Integrations

FinancialForce HCM integrates natively with any application built on the Salesforce1 platform. The recruiting module integrates with Broadbean Technology, which allows FinancialForce HCM customers to post job requisitions on more than 10,000 job boards and websites. The recruiting module also integrates with DocuSign and LinkedIn through an API that enables candidates to apply for positions with their LinkedIn profiles.

Organizations can integrate FinancialForce HCM with major social media platforms. This allows employees to push links to job postings to their social media connections. FinancialForce HCM also integrates with Work.com, which is Salesforce.com’s performance management application.

FinancialForce HCM Pricing

Pricing for FinancialForce HCM runs on a per user, per month basis, with a minimum number of users that must be purchased.

FinancialForce HCM Bottom Line

  • Brings human capital management into the cloud.

  • Provides organizations with recruiting, onboarding, talent management, benefits, and time and attendance tools.

  • Runs natively on the Salesforce1 platform.

  • Manages labor costs with time and attendance tracking.

  • Helps HR departments derive insight from delivered analytics so they can take action as required.

FinancialForce HCM FAQs

Below are some frequently asked questions for FinancialForce HCM.

Q. What type of pricing plans does FinancialForce HCM offer?

FinancialForce HCM offers the following pricing plans:

Pricing model: Subscription

Free Trial: Available

Contact for pricing information.

Q. What are the main features of FinancialForce HCM?

FinancialForce HCM offers the following features:

  • Award-winning, complete HR software
  • Built on Salesforce.com Platform
  • Complete and Integrated Human Capital Management Suite
  • Dashboards & Reports
  • Employee & Manager Self Service
  • Global HR System of Record
  • Global HR, Benefits, Leave & Absence
  • Manage your workforce from hire to retire
  • One Integrated Solution
  • Performance and Talent Management
  • Personalized Dashboards
  • Reports & Dashboards
  • Social Feedback
  • Workforce Collaboration
  • Workforce Collaboration

Q. Who are the typical users of FinancialForce HCM?

FinancialForce HCM has the following typical customers:

Large Enterprises, Mid Size Business, Small Business

Q. What languages does FinancialForce HCM support?

FinancialForce HCM supports the following languages:

English

Q. What type of pricing plans does FinancialForce HCM offer?

FinancialForce HCM has the following pricing plans:

Subscription

Q. Does FinancialForce HCM support mobile devices?

We do not have any information about what devices FinancialForce HCM supports

Q. What other apps does FinancialForce HCM integrate with?

FinancialForce HCM integrates with the following applications:

Bullhorn Jobscience, Clicktools for Salesforce, Dell Boomi, Expensify, FinancialForce Accounting, FinancialForce ERP, Jostle, ServiceMax, Workato, Xactly Incent

Q. What level of support does FinancialForce HCM offer?

FinancialForce HCM offers the following support options:

Forum, Knowledge Base, Online Support, Phone Support, Video Tutorials