Compare AccountMate SQL and SAP Financials On Demand - Aug 2022

Shlomi LaviShlomi Lavi / Aug 23, 2022

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Bottom Line: Which is Better - AccountMate SQL or SAP Financials On Demand?

AccountMate SQL is more expensive to implement (TCO) than SAP Financials On Demand, and SAP Financials On Demand is rated higher (89/100) than AccountMate SQL (81/100). AccountMate SQL offers users more features (7) than SAP Financials On Demand (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. SAP

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...

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? AccountMate SQL or SAP Financials On Demand?

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 SAP Financials On Demand.

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. 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 AccountMate SQL Software is rated 4, which is lower than the average cost of Core Accounting software.

Bottom line: AccountMate SQL cost is around the same cost of SAP Financials On Demand.

Which software includes more/better features?

We've compared AccountMate SQL Vs. SAP Financials On Demand 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.

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

Target customer size

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

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.

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

AccountMate SQL: 7 Features

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

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
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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.