Compare Shoeboxed and Costlocker - Oct 2022

Shlomi LaviShlomi Lavi / Oct 17, 2022

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Bottom Line: Which is Better - Shoeboxed or Costlocker?

Costlocker is more expensive to implement (TCO) than Shoeboxed, and Costlocker is rated higher (94/100) than Shoeboxed (85/100). Shoeboxed offers users more features (5) than Costlocker (0).

Looking for the right Expense Management solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Shoeboxed Vs. Costlocker

Shoeboxed : Shoeboxed is the easiest way to streamline accounting, bookkeeping and tax prep, allowing users to spend less time on paperwork and more time doing what they love.Go paperless and send us documents in one of our prepaid envelopes, through our free online and desktop uploaders, via email or with one of our free mobile apps.Your data is secured by SS...

Costlocker: Any idea which of your clients make you the most profit?nAn employee wants a raise. Any idea if he deserves it?nAny idea how much bad estimates are costing you? nAny idea how many tenders can you afford to lose?nnCostlocker - Profit under controlnLet numbers, not feelings make decisions for your business. Costlocker is for those who cha...

Who is more expensive? Shoeboxed or Costlocker?

The real total cost of ownership (TCO) of Expense Management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Shoeboxed and Costlocker.

Shoeboxed price starts at $18 per month , On a scale between 1 to 10 Shoeboxed is rated 2, which is much lower than the average cost of Expense Management software. Costlocker price starts at $12 per user/year , When comparing Costlocker to its competitors, the software is rated 4 - lower than the average Expense Management software cost.

Bottom line: Costlocker is more expensive than Shoeboxed.

Which software includes more/better features?

We've compared Shoeboxed Vs. Costlocker based on some of the most important and required Expense Management features.

Shoeboxed: Tax compliance, Core Accounting, Accounting & Finance, Document Management, Expense Management.

Costlocker: We are still working to collect the list of features for Costlocker.

Target customer size

The software is most suitable for small businesses and is equipped enough to regulate all the financial issues of small business managers. Costlocker customers are mainly SMBs.



Shoeboxed

ITQlick rating
(4.3/5)

starts at $18 per month

The fastest way to turn a pile of receipts into digital data for effortless expense reporting, accounting, bookkeeping, and tax preparation.send Shoeboxed your receipts, business cards, bills and other document...

Categories: Accounting & Finance, Financial reporting, Fund Accounting, Tax Preparation.

Costlocker

ITQlick rating
(5/5)

starts at $12 per user/year

Costlocker is a cloud-based budgeting solution designed to help the user manage costs and profits for agencies and companies. The solution helps to see the client and project profitability, monitor invoicing & ...

Categories: Expense Management, Employee Performance Management, Project Budgeting, Time Tracking.

Compare specifications

Compare features

Shoeboxed: 5 Features

Tax compliance
Core Accounting
Accounting & Finance
Document Management
Expense Management

Costlocker: 0 Features

We are working to collect the information
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Shoeboxed
ITQlick rating
4.3/5
Score
85/100
Pricing
2.4/10
License pricing
$18 per month
Functionality
13
Compare
Costlocker
ITQlick rating
5/5
Score
94/100
Pricing
4.4/10
License pricing
$12 per user/year
Functionality
4
Replicon...
ITQlick rating
3.5/5
Score
88/100
Pricing
3/10
License pricing
$4 per user/month
Functionality
4
Expensify
ITQlick rating
4.4/5
Score
86/100
Pricing
2.8/10
License pricing
$5 per user/month
Functionality
5
SpringAhead
ITQlick rating
5/5
Score
85/100
Pricing
6.6/10
License pricing
$125 per company/month
Functionality
3

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.