Balanced Scorecard Review

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Last updated: Aug 08, 2019

Balanced Scorecard Review

ITQlick rating
(4.5/5)

Starting from $125 per user/month

Balanced Scorecard is a cloud-based and on-premise strategic planning & management system tailored for small size and medium businesses. The software helps organizations to communicate their goals, align their ...

  • Categories (4/10):

    • Budgeting & Forecasting
    • BI
    • Dashboards & KPIs
    • Data analysis

Shlomi Lavi / updated: Aug 08, 2019

What is Balanced Scorecard?

Balanced Scorecard is a cloud-based and on-premise strategic planning & management system tailored for small size and medium businesses. The software helps organizations to communicate their goals, align their daily work with strategy, prioritize products, projects, and services, as well as measure & track the progress towards their strategic targets.

The core features of Balanced Scorecard include a complete performance information system and automation of core business processes. Balanced Scorecard software was developed by The Balanced Scorecard Institute which has its headquarters in North Carolina.

The software views business from four perspectives which include financial or stewardship, customer/stakeholder, internal process, and organizational capacity. It helps businesses to build objectives, measures targets, (KPIs), and initiatives based on each of the above points of view.

Average Rating -

The rating of Balanced Scorecard is 4.5 stars out of 5. The rating is based on ITQlick expert review.

Typical Customers

Customers of the software include small and medium businesses from a variety of industries. It has been widely deployed in non-profit institutes and such industries as media and publishing, financial services, government, healthcare and hospitality, and others. Some major customers of the software include Kenya Red Cross, Veolia NA, and NMDP etc.

Features

Balanced Scorecard features a web based balanced scorecard automation tool for organizations to manage their scorecard investments. Centralized storage is provided for crucial data with real time access round the clock. It takes the static performance measurement data and converts it into business intelligence. Options of both online and on premise deployment are available.

The software transforms the diverse and scattered corporate data into a coherent database which can be searched and accessed in no time. Online metric assessment is offered along with action planning and performance collaboration capabilities. Customizable dashboards and reporting capabilities are also part of the complete package.

Competitors & Alternatives

The two main competitors of Balanced Scorecard software include Panorama Necto and Dundas BI. Panorama Necto is a business intelligence software that helps businesses to uncover the concealed insights in their data whereas Balanced Scorecard is a strategic planning & management system that enable businesses to communicate their goals, strategy, and objectives.

Balance Scorecard software is an invention of The Balanced Scorecard Institute in the US while Panorama Necto is a product of Panorama Software in Canada. Panorama Necto software is offered on a cloud-based solution but in comparison, Balanced Scorecard is available both as cloud-based and an an on-premise solution.

Dundas BI software is a browser-based data visualization & business intelligence platform that offers integrated dashboards, data analytics, and reporting tools while Balanced Scorecard is a strategic planning & management system that enable businesses to communicate their goals, strategy, and objectives.

Both Dundas BI and Balanced Scorecard offers cloud-based and on-premise solutions. Dundas BI software is a product of Dundas Data Visualization in Canada whereas Balance Scorecard software is an invention of The Balanced Scorecard Institute in the US.

Balanced Scorecard Pricing Information

The cost of license starting from $125 per user/month. The experts at ITQlick has reviewed Balanced Scorecard pricing and gave the software a total cost of ownership (TCO) rating of 8 out of 10. Custom price cost for your business is available upon request.

Questions to ask the vendor during a demo

Schedule a demo and access 25 must ask questions for the vendor while watching Balanced Scorecard in action

Is it the right software for you?

Balanced Scorecard offers strategic planning & management system tailored to suit the small size and medium businesses. The software best works for businesses that want to communicate their goals, align their daily work with strategy, prioritize products, & track the progress towards their strategic targets. Balanced Scorecard serves diverse business & industry, nonprofit organizations, and government agencies globally.

Balanced Scorecard Categories

Budgeting & Forecasting
BI
Dashboards & KPIs
Data analysis
Data Discovery
Data visualization
Visual Analytics
Project Collaboration
Data Management
Data integration

Specifications

Company:
Address: Florida
Customers: Small business, Medium business, Large business
Business Area: Cross Business Areas
Platforms: Desktop, Mobile, Cloud
Operating Systems: Mac OS, Windows, Linux

Balanced Scorecard Features

Basic Reports
Dashboard
Data Import/Export
Online Customer Support
Data analysis
Project Collaboration

Balanced Scorecard Vs. Alternatives

ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100 score, based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 score, 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)
Hosting
Functionality score
Fit small business
Fit medium business
Fit large business
Software review
Compare
Balanced
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
92/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
8/10
License pricing license pricing (if provided by the software vendor)
$125 per user/month
Hosting
Cloud
Functionality score
16
Fit small business
Fit medium business
Fit large business
Software review
Domo
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
96/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
6/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Hosting
On premise and Cloud
Functionality score
20
Fit small business
Fit medium business
Fit large business
Software review
QlikView
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
95/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
3/10
License pricing license pricing (if provided by the software vendor)
$1,350 per license
Hosting
On premise and Cloud
Functionality score
15
Fit small business
Fit medium business
Fit large business
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SuiteAnalytics
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
94/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
3/10
License pricing license pricing (if provided by the software vendor)
$499 per month
Hosting
On premise and Cloud
Functionality score
10
Fit small business
Fit medium business
Fit large business
Software review
Sisense
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
94/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
4/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Hosting
On premise and Cloud
Functionality score
35
Fit small business
Fit medium business
Fit large business
Software review