Compare AccountingSuite and Idu-Concept Software - Aug 2022

Shlomi LaviShlomi Lavi / Aug 15, 2022

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Bottom Line: Which is Better - AccountingSuite or Idu-Concept Software?

Idu-Concept Software is more expensive to implement (TCO) than AccountingSuite, and AccountingSuite is rated higher (82/100) than Idu-Concept Software (81/100). Idu-Concept Software offers users more features (12) than AccountingSuite (6).

Looking for the right Core Accounting 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:

AccountingSuite Vs. IDU

AccountingSuite: AccountingSuite™ is Cloud Banking automatically connects to your bank accounts daily so you will spend less time entering transactions.

IDU: Established in 1998, idu was created by accountants and financial systems specialists to deliver smart software solutions for budgeting and financial reporting across all standard ERP and financial systems. Our flagship product, idu-Concept, is specifically designed to overcome issues that get in the way of effective budgeting, forecasting and repo...

Who is more expensive? AccountingSuite or Idu-Concept Software?

The real total cost of ownership (TCO) of Core Accounting 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 AccountingSuite and Idu-Concept Software.

AccountingSuite price starts at $19 per user/month , On a scale between 1 to 10 AccountingSuite is rated 2, which is much lower than the average cost of Core Accounting software. Idu-Concept Software price starts at $50 per feature/month , When comparing Idu-Concept Software to its competitors, the software is rated 4 - lower than the average Core Accounting software cost.

Bottom line: Idu-Concept Software is more expensive than AccountingSuite.

Which software includes more/better features?

We've compared AccountingSuite Vs. Idu-Concept Software based on some of the most important and required Core Accounting features.

AccountingSuite: Accounts Payable, Accounts Receivable, Billing & Invoicing, Project-Accounting, Purchase Orders, Time and Expense Tracking.

Idu-Concept Software: Dashboard, Version Control, Balance Sheet, Budgeting & Forecasting, Financial reporting.

Target customer size

AccountingSuite's typical customers include: Small, medium and large size businesses, and Idu-Concept Software's target customer size include: SMBs.

AccountingSuite

ITQlick rating
(3.8/5)

starts at $19 per user/month

AccountingSuite is a cloud-based accounting and inventory management software for accountants and bookkeepers to track projects and time, control inventory management, access company financial data, and manage ...

Categories: Accounting & Finance, Recurring Billing, Billing & Invoicing, Project Accounting.

Idu-Concept Software

ITQlick rating
(4/5)

starts at $50 per feature/month

IDU-Concept is a budgeting & CPM software designed to give businesses empowered financial management that cuts across budgeting, forecasting, and reporting.

Categories: Budgeting & CPM, Financial reporting, Business performance management, Budgeting & CPM, Financial reporting.

Compare specifications

Compare features

AccountingSuite: 6 Features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Project-Accounting
Purchase Orders
Time and Expense Tracking

Idu-Concept Software: 12 Features

Dashboard
Version Control
Balance Sheet
Budgeting & Forecasting
Financial reporting
Predictive-Analysis
Project Management
Business performance management
Capital Asset Planning
Forecasting
Income Statements
Project Budgeting
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
AccountingSuite
ITQlick rating
3.8/5
Score
82/100
Pricing
3.4/10
License pricing
$19 per user/month
Functionality
12
Compare
Idu-Conc...
ITQlick rating
4/5
Score
81/100
Pricing
5/10
License pricing
$50 per feature/month
Functionality
26
QuickBoo...
ITQlick rating
4.2/5
Score
99/100
Pricing
5/10
License pricing
$12.50 per month
Functionality
7
Wave Acc...
ITQlick rating
4.4/5
Score
97/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
8
Zoho Boo...
ITQlick rating
4.4/5
Score
96/100
Pricing
2.4/10
License pricing
$10 per organizer/month
Functionality
9

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.