Shlomi Lavi /
Apr 06, 2022
We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .
Bottom Line: Which is Better - Accounts Payable Automation or BeanworksAP?
Accounts Payable Automation is more expensive to implement (TCO) than BeanworksAP, and Accounts Payable Automation is rated higher (88/100) than BeanworksAP (73/100). Accounts Payable Automation offers users more features (4) than BeanworksAP (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. Beanworks Solutions
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...
Beanworks Solutions: rom purchase order matching to electronic payment, we believe it should never take more than 120 seconds to complete an invoice. As your partner in automation, Beanworks will drastically speed up exception handling and variance analysis, while automating internal controls.
Who is more expensive? Accounts Payable Automation or BeanworksAP?
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 BeanworksAP.
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. BeanworksAP accurate pricing info is available upon request (they don't share it publicly), however , 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.
Bottom line: Accounts Payable Automation cost is around the same cost of BeanworksAP.
Which software includes more/better features?
We've compared Accounts Payable Automation Vs. BeanworksAP based on some of the most important and required Accounts Payable features.
Accounts Payable Automation: Accounts Payable, Accounts Receivable, Billing & Invoicing, Fixed-Assets.
BeanworksAP: We are still working to collect the list of features for BeanworksAP.
Target customer size
Customers of the software include businesses of all sizes and a variety of types from all over the world. and BeanworksAP's target customer size include: Small, medium and large size businesses.