Compare Accounts Payable Automation and ALTO Accounts Payable - Mar 2022

Shlomi Lavi

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Bottom Line: Which is Better - Accounts Payable Automation or ALTO Accounts Payable?

Accounts Payable Automation is more expensive to implement (TCO) than ALTO Accounts Payable, and Accounts Payable Automation is rated higher (88/100) than ALTO Accounts Payable (77/100). Accounts Payable Automation offers users more features (4) than ALTO Accounts Payable (0).

Looking for the right Accounts Payable 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:

ReadSoft Vs. Innovation Centric Group

ReadSoft : ReadSoft has been a pioneer in P2P invoice automation since the 1990s, when the company first brought free-form technology for invoice processing to market. Today, ReadSoft continues to be a global leader in business document process automation, with 2,500+ accounts payable solution applications worldwide – more than double the total applications o...

Innovation Centric Group: ICG enables your company to increase shareholder value through lower costs, higher quality outcomes and improved productivity. Our delivery model brings the best experts from around the globe to work for you 7/24 while optimizing your costs through global sourcing of services in low-cost markets. This brings your projects to completion faster a...

Who is more expensive? Accounts Payable Automation or ALTO Accounts Payable?

The real total cost of ownership (TCO) of Accounts Payable 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 Accounts Payable Automation and ALTO Accounts Payable.

Accounts Payable Automation price starts at $595 per license , On a scale between 1 to 10 Accounts Payable Automation Software is rated 6, which is similar to the average cost of Accounts Payable software. ALTO Accounts Payable price starts at $2 per license , When comparing ALTO Accounts Payable to its competitors, the software is rated 2 - much lower than the average Accounts Payable software cost.

Bottom line: Accounts Payable Automation is more expensive than ALTO Accounts Payable.

Which software includes more/better features?

We've compared Accounts Payable Automation Vs. ALTO Accounts Payable based on some of the most important and required Accounts Payable features.

Accounts Payable Automation: Accounts Payable, Accounts Receivable, Billing & Invoicing, Fixed-Assets.

ALTO Accounts Payable: We are still working to collect the list of features for ALTO Accounts Payable.

Target customer size

Customers of the software include businesses of all sizes and a variety of types from all over the world. and ALTO Accounts Payable's target customer size include: Small businesses and start ups.