Shlomi Lavi /
Dec 12, 2022
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Bottom Line: Which is Better - Applied Epic or Agency Matrix?
Applied Epic is more expensive to implement (TCO) than Agency Matrix, and Applied Epic is rated higher (89/100) than Agency Matrix (86/100). Agency Matrix offers users more features (3) than Applied Epic (2).
Looking for the right Insurance 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:
Applied Systems Vs. Agency Matrix
Applied Systems: Instantly connect with your staff, insureds and insurance partners anytime, anywhere. The connected business of insurance enables digital agencies and insurers to create higher-value business transactions and deliver superior customer experiences throughout the entire insurance lifecycle.
Agency Matrix: Agency Matrix was the product invention of president and founder, Manual Ochoa. During his many years in the insurance industry in Texas, Manuel’s career evolved from independent agent, to representing several Texas Managing General Agencies, and finally on to software developer. It was in 2005 that a local Texas agent and colleague of Ochoa’s pers...
Who is more expensive? Applied Epic or Agency Matrix?
The real total cost of ownership (TCO) of Insurance 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 Applied Epic and Agency Matrix.
Applied Epic price starts at $1,000 per license , On a scale between 1 to 10 Applied Epic is rated 4, which is lower than the average cost of Insurance software. Agency Matrix price starts at $49 per user/month , When comparing Agency Matrix to its competitors, the software is rated 2 - much lower than the average Insurance software cost.
Bottom line: Applied Epic is more expensive than Agency Matrix.
Which software includes more/better features?
We've compared Applied Epic Vs. Agency Matrix based on some of the most important and required Insurance features.
Applied Epic: Document Management, Contact Management.
Agency Matrix: Data Import/Export, Basic Reports, Online Customer Support.
Target customer size
Applied Epic's typical customers include: Small, medium and large size businesses, Agency Matrix is suitable for insurance agents, insurance companies and industries providing financial
services.