Compare ALTO Accounts Payable and Accounts Payable Automation - Mar 2022

Shlomi Lavi

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

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:

Innovation Centric Group Vs. ReadSoft

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...

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...

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

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 ALTO Accounts Payable and Accounts Payable Automation Software.

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

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

Which software includes more/better features?

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

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

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

Target customer size

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