Compare SoftCo AP and SAP Financials On Demand - May 2022

Shlomi LaviShlomi Lavi / May 15, 2022

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Bottom Line: Which is Better - SoftCo AP or SAP Financials On Demand?

SoftCo AP is more expensive to implement (TCO) than SAP Financials On Demand, and SAP Financials On Demand is rated higher (89/100) than SoftCo AP (85/100). SAP Financials On Demand offers users more features (3) than SoftCo AP (0). There is a clear winner in this case and it is SAP Financials On Demand!

Looking for the right Accounting & Finance 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:

SoftCo Vs. SAP

SoftCo: ...

SAP: SAP ® AG is German software corporation that makes enterprise software to manage business operations and customer relations. SAP ® is the market leader in enterprise application software. The company's best-known software products are its enterprise resource planning application (SAP ® ERP), its enterpr...

Who is more expensive? SoftCo AP or SAP Financials On Demand?

The real total cost of ownership (TCO) of Accounting & Finance 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 SoftCo AP and SAP Financials On Demand.

SoftCo AP accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 SoftCo AP Software is rated 8, which is higher than the average cost of Accounting & Finance software. SAP Financials On Demand accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 SoftCo AP Software is rated 8, which is higher than the average cost of Accounting & Finance software.

Bottom line: SoftCo AP is more expensive than SAP Financials On Demand.

Which software includes more/better features?

We've compared SoftCo AP Vs. SAP Financials On Demand based on some of the most important and required Accounting & Finance features.

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

SAP Financials On Demand: Cash Flow, Cash flow/cash budget, Real Time Comparisons.

Target customer size

SoftCo AP's typical customers include: Small, medium and large size businesses, Financials OnDemand has been designed to target medium and large businesses and is primarily focused on the Finance departments in these organizations.

SoftCo AP

ITQlick rating
(4.9/5)

SoftCo AP Software is a cloud-based as well as an on-premise accounting software solution that offers automation of the financial process. The software assists in processing vendor invoice electronically by cap...

Categories: Accounting & Finance.

SAP Financials On Demand

ITQlick rating
(4.5/5)

SAP launched Financials OnDemand in late 2012 as a stand-alone financial management solution designed exclusively for the cloud. It tracks end-to-end financial transactions from order to cash and procurement to...

Categories: Billing & Invoicing, Budgeting & CPM, Core Accounting, Financial reporting, Fixed Asset Accounting.

Compare specifications

Compare features

SoftCo AP: 0 Features

We are working to collect the list of features

SAP Financials On Demand: 3 Features

Cash Flow
Cash flow/cash budget
Real Time Comparisons
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
SoftCo A...
ITQlick rating
4.9/5
Score
85/100
Pricing
9.6/10
License pricing
Pricing not available
Functionality
3
Compare
SAP Fina...
ITQlick rating
4.5/5
Score
89/100
Pricing
4.8/10
License pricing
Pricing not available
Functionality
15
Denali B...
ITQlick rating
4.1/5
Score
93/100
Pricing
2.6/10
License pricing
$1,999 per license
Functionality
16
MoneyDesktop
ITQlick rating
4.7/5
Score
92/100
Pricing
5.2/10
License pricing
Pricing not available
Functionality
4
MultiCHAX
ITQlick rating
3.4/5
Score
92/100
Pricing
7/10
License pricing
$99 per license
Functionality
5

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.