Compare AccountMate SQL and MultiCHAX - Aug 2022

Shlomi LaviShlomi Lavi / Aug 23, 2022

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Bottom Line: Which is Better - AccountMate SQL or MultiCHAX?

MultiCHAX is more expensive to implement (TCO) than AccountMate SQL, and MultiCHAX is rated higher (92/100) than AccountMate SQL (81/100). AccountMate SQL offers users more features (7) than MultiCHAX (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:

AccountMate Software Vs. Chax, Inc.

AccountMate Software: AccountMate offers unique accounting solutions for your growing business.AccountMate has provided customers with powerful and flexible accounting and business management software that meets the exact needs of their businesses. Many other accounting solutions require you to make changes to your core business processes in order to utilize their so...

Chax, Inc.: CHAX®: The most cost-effective check by phone, check by fax, and check by internet system available. Checks by phone, fax, or e-mail software allows you to enter your customer's check information, print the information on a blank check form, and deposit the check to any U.S. bank for deposit the same day. Now, collecting payments by check has ne...

Who is more expensive? AccountMate SQL or MultiCHAX?

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 AccountMate SQL and MultiCHAX.

AccountMate SQL price starts at $4,000 per license , On a scale between 1 to 10 AccountMate SQL Software is rated 4, which is lower than the average cost of Core Accounting software. MultiCHAX price starts at $99 per license , When comparing MultiCHAX to its competitors, the software is rated 6 - similar to the average Core Accounting software cost.

Bottom line: MultiCHAX is more expensive than AccountMate SQL.

Which software includes more/better features?

We've compared AccountMate SQL Vs. MultiCHAX based on some of the most important and required Core Accounting features.

AccountMate SQL: Accounts Payable, Accounts Receivable, Billing & Invoicing, Cash Flow, Fund-Accounting, Purchase Orders, Payroll Tax Management.

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

Target customer size

AccountMate SQL's typical customers include: SMBs, Customers of the software mainly include small and medium businesses with backgrounds in various major industries.



AccountMate SQL

ITQlick rating
(4.3/5)

starts at $4,000 per license

AccountMate SQL software is a hybrid accounting solution that can be deployed as SaaS, Cloud-based or on-premise. The platform offer functionality tools that help small & midsize businesses manage their financi...

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

MultiCHAX

ITQlick rating
(3.4/5)

starts at $99 per license

MultiCHAX is a check printing solution for small and medium businesses. It manages printing of payables and payroll checks along with MICR coding. The software was developed and launched by CHAX Inc hea...

Categories: Accounting & Finance, Core Accounting.

Compare specifications

Compare features

AccountMate SQL: 7 Features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Cash Flow
Fund-Accounting
Purchase Orders
Payroll Tax Management

MultiCHAX: 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
AccountM...
ITQlick rating
4.3/5
Score
81/100
Pricing
5.6/10
License pricing
$4,000 per license
Functionality
34
Compare
MultiCHAX
ITQlick rating
3.4/5
Score
92/100
Pricing
7/10
License pricing
$99 per license
Functionality
5
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.