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.
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Netchex
Score 8.8 out of 10
N/A
Netchex is a HR, payroll, and tax administration software platform with solutions dedicated to recruitment, hiring, and onboarding as well as payroll, tax compliance, HR, time/attendance, benefits management, and analytics for these areas.
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Pricing
FinancialForce HCM (Discontinued)
Netchex
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
FinancialForce HCM (Discontinued)
Netchex
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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More Pricing Information
Community Pulse
FinancialForce HCM (Discontinued)
Netchex
Features
FinancialForce HCM (Discontinued)
Netchex
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
FinancialForce HCM (Discontinued)
8.7
Ratings
10% above category average
Netchex
-
Ratings
Employee demographic data
8.50 Ratings
00 Ratings
Employment history
8.00 Ratings
00 Ratings
Job profiles and administration
9.10 Ratings
00 Ratings
Workflow for transfers, promotions, pay raises, etc.
9.10 Ratings
00 Ratings
Organizational charting
8.10 Ratings
00 Ratings
Organization and location management
9.50 Ratings
00 Ratings
Compliance data (COBRA, OSHA, etc.)
8.60 Ratings
00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
FinancialForce HCM (Discontinued)
8.1
Ratings
2% above category average
Netchex
9.4
Ratings
13% above category average
Pay calculation
8.60 Ratings
9.60 Ratings
Support for external payroll vendors
8.00 Ratings
8.60 Ratings
Benefit plan administration
8.00 Ratings
9.80 Ratings
Direct deposit files
8.00 Ratings
10.00 Ratings
Salary revision and increment management
8.00 Ratings
9.90 Ratings
Reimbursement management
8.00 Ratings
8.10 Ratings
Off-cycle/On-Demand payment
00 Ratings
9.70 Ratings
Leave and Attendance Management
Comparison of Leave and Attendance Management features of Product A and Product B
FinancialForce HCM (Discontinued)
8.6
Ratings
7% above category average
Netchex
-
Ratings
Approval workflow
8.70 Ratings
00 Ratings
Balance details
8.60 Ratings
00 Ratings
Annual carry-forward and encashment
8.60 Ratings
00 Ratings
Employee Self Service
Comparison of Employee Self Service features of Product A and Product B
FinancialForce HCM (Discontinued)
8.8
Ratings
9% above category average
Netchex
-
Ratings
View and generate pay and benefit information
8.40 Ratings
00 Ratings
Update personal information
9.00 Ratings
00 Ratings
View company policy documentation
8.60 Ratings
00 Ratings
Employee recognition
8.90 Ratings
00 Ratings
View job history
9.00 Ratings
00 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
FinancialForce HCM (Discontinued)
8.0
Ratings
1% below category average
Netchex
-
Ratings
Tracking of all physical assets
8.00 Ratings
00 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
FinancialForce HCM (Discontinued)
8.7
Ratings
15% above category average
Netchex
-
Ratings
Report builder
8.50 Ratings
00 Ratings
Pre-built reports
8.70 Ratings
00 Ratings
Ability to combine HR data with external data
8.80 Ratings
00 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
FinancialForce HCM (Discontinued)
7.6
Ratings
4% below category average
Netchex
-
Ratings
New hire portal
7.60 Ratings
00 Ratings
Manager tracking tools
7.60 Ratings
00 Ratings
Performance and Goals
Comparison of Performance and Goals features of Product A and Product B
FinancialForce HCM (Discontinued)
7.7
Ratings
3% below category average
Netchex
-
Ratings
Corporate goal setting
7.20 Ratings
00 Ratings
Individual goal setting
8.00 Ratings
00 Ratings
Line-of sight-visibility
7.40 Ratings
00 Ratings
Performance tracking
8.40 Ratings
00 Ratings
Performance Management
Comparison of Performance Management features of Product A and Product B
FinancialForce HCM (Discontinued)
8.0
Ratings
2% above category average
Netchex
-
Ratings
Performance plans
8.30 Ratings
00 Ratings
Performance improvement plans
6.80 Ratings
00 Ratings
Review status tracking
7.60 Ratings
00 Ratings
Review reminders
8.40 Ratings
00 Ratings
Multiple review frequency
8.70 Ratings
00 Ratings
Succession Planning
Comparison of Succession Planning features of Product A and Product B
FinancialForce HCM (Discontinued)
6.1
Ratings
25% below category average
Netchex
-
Ratings
Create succession plans/pools
5.50 Ratings
00 Ratings
Candidate ranking
6.20 Ratings
00 Ratings
Candidate search
6.60 Ratings
00 Ratings
Candidate development
6.20 Ratings
00 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
This is a great "all-in-one" platform that combines recruiting, onboarding and performance reviews into one system. The ease of use for managers and employees is fantastic and if you are looking for a program that gives you almost unlimited amount of buildable reports... this is it! For organization with few employees, this may not be the system for you
I LOVE THE EASE OF THE TIMECLOCK AND PULLING INTO PAYROLL. PREVIOUSLY I HAD TIME CLOCK ON MY DMS AND PAYROLL THROUGH PAYCHEX. IT DIDNT INTEGRATE SO I HAD TO KEY IN EVERY SINGLE TIMESHEET....THIS IS SO MUCH EASIER. ONLY THING I DONT LIKE IS ONCE YOU START PAYROLL IF SOMEONE TIME HAS TO BE FIXED YOU HAVE TO DELETE AND START OVER. THE ONLY PROBLEM I HAVE HAD WHICH IS NOT A BIG PROBLEM.
My Netchex Service Team is very responsive and friendly. They are willing and able to spend the amount of time needed on one call to troubleshoot most problems or answer questions.
Their recent updates to the employee dashboard have been well-received by our seasonal team. Employees are able to quickly find what they are looking for which has minimized the amount of requests that my team receives regarding questions on pay or updating personal information.
Online W-2 forms have been a game-changer for us since moving to Netchex. Our staff tend to move around a lot and most do not get the mailed copy of their W-2. The electronic consent has saved me hours and hours of time.
Support needs to be available more times than just normal business hours.
Tax support is basically non-existent. This seems that it should be TOP NOTCH.
Some of the functionality of the Netchex program could be tweaked. It is not a keyboard friendly program at all. Must mouse your way through. When the program times out, it takes 2 to 3 screens before it really logs you out.
When submitting from Netchex to Dealertrack, it would be nice to show the payroll # or payroll date that has been submitted. Currently once you hit submit, the screen reverts back to the last successful payroll submit. This process is just a bit confusing, especially for new users.
The first line CE team is phenomenal. They are helpful, friendly, and knowledgeable. We have had less luck with the responsiveness of the tax department. However, their response time has improved drastically over the past year.
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.
Netchex is much more user-friendly and much more of a robust payroll system. Netchex also takes care of everything regarding employees and their entire time with the company, but GP is much more limited.
Associates can easily access their data and make changes to things like their address and direct deposit, saving manager time to focus on more critical tasks within the organization
NetRecruitier has one site that can be posted to multiple job boards with one applicant tracking system
Electronic Onboarding allows us to get information out to the new employee so we can start with expectations on their first day and they know what to expect.