Compare AccountingSuite and Prophix - Nov 2022

Shlomi LaviShlomi Lavi / Nov 10, 2022

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Bottom Line: Which is Better - AccountingSuite or Prophix?

Prophix is more expensive to implement (TCO) than AccountingSuite, and Prophix is rated higher (85/100) than AccountingSuite (82/100). AccountingSuite offers users more features (6) than Prophix (3).

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. PROPHIX Software

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

PROPHIX Software: PROPHIX UK has been delivering budgeting, forecasting, reporting, consolidation, personnel planning and other financial functions in a single solution since 1987.The mission of PROPHIX UK is to be a customer focused organisation providing high value and innovative financial performance management software and services to our customers.Designed spec...

Who is more expensive? AccountingSuite or Prophix?

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 Prophix.

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. Prophix accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 AccountingSuite is rated 2, which is much lower than the average cost of Core Accounting software.

Bottom line: Prophix is more expensive than AccountingSuite.

Which software includes more/better features?

We've compared AccountingSuite Vs. Prophix 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.

Prophix: Data Import/Export, Basic Reports, Online Customer Support.

Target customer size

AccountingSuite's typical customers include: Small, medium and large size businesses, and Prophix's target customer size include: Medium and large size businesses.



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.

Prophix

ITQlick rating
(4.5/5)

Prophix is a cloud-based and on-premise financial management solution designed to help the user in budgeting, financial consolidation, planning, analysis and management reporting.

Categories: Accounting & Finance, Billing & Invoicing, Budgeting & CPM, Medical Accounting.

Compare specifications

Compare features

AccountingSuite: 6 Features

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

Prophix: 3 Features

Data Import/Export
Basic Reports
Online Customer Support
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
Prophix
ITQlick rating
4.5/5
Score
85/100
Pricing
6/10
License pricing
Pricing not available
Functionality
7
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.