Compare ARIBA INVOICE and Softrax - Mar 2022

Shlomi LaviShlomi Lavi / Mar 23, 2022

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Bottom Line: Which is Better - ARIBA INVOICE or Softrax?

ARIBA INVOICE is more expensive to implement (TCO) than Softrax, and ARIBA INVOICE is rated higher (90/100) than Softrax (78/100). ARIBA INVOICE offers users more features (3) than Softrax (0).

Looking for the right Billing & Invoicing 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:

Ariba Vs. Softrax

Ariba: Ariba is an SAP company. Every day, we help our customers find opportunities to cut costs, reduce risk, and grow revenue through better collaboration with trading partners. We enable that collaboration through the Ariba Network — a cloud-based community where you’ll find buying, selling, and managing cash to be as easy as using Amazon, eBay, and Pa...

Softrax: Since 1999, hundreds of customers in sectors as diverse as software, healthcare, education, and information services have relied on SOFTRAX products. The reason is simple: we streamline processes, increase efficiency, and deliver substantial hard dollar savings.

Who is more expensive? ARIBA INVOICE or Softrax?

The real total cost of ownership (TCO) of Billing & Invoicing 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 ARIBA INVOICE and Softrax.

ARIBA INVOICE price starts at $50 per month , On a scale between 1 to 10 ARIBA INVOICE MANAGEMENT is rated 4, which is lower than the average cost of Billing & Invoicing software. Softrax accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 ARIBA INVOICE MANAGEMENT is rated 4, which is lower than the average cost of Billing & Invoicing software.

Bottom line: ARIBA INVOICE cost is around the same cost of Softrax.

Which software includes more/better features?

We've compared ARIBA INVOICE Vs. Softrax based on some of the most important and required Billing & Invoicing features.

ARIBA INVOICE: Data Import/Export, Basic Reports, Online Customer Support.

Softrax: We are still working to collect the list of features for Softrax.

Target customer size

ARIBA INVOICE's typical customers include: Start up, Small business, Medium business, Large business, and Softrax's target customer size include: SMBs.



ARIBA INVOICE

ITQlick rating
(3.6/5)

starts at $50 per month

ARIBA INVOICE MANAGEMENT is a billing and invoicing software for small to large enterprises. Its key features include electronic, contract, and service invoicing, approval, and paying for easier and time-saving...

Categories: Billing & Invoicing.

Softrax

ITQlick rating
(3.3/5)

SOFTRAX Revenue Manager is an on-premise platform that helps businesses to automate with the complex revenue recognition & processes. The software uses ASC 606 and IFRS 15 standards to help enterprise businesse...

Categories: Accounting & Finance, Billing & Invoicing.

Compare specifications

Compare features

ARIBA INVOICE: 3 Features

Data Import/Export
Basic Reports
Online Customer Support

Softrax: 0 Features

We are working to collect the information
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
Compare
ARIBA IN...
ITQlick rating
3.6/5
Score
90/100
Pricing
4.6/10
License pricing
$50 per month
Functionality
4
Compare
Softrax
ITQlick rating
3.3/5
Score
78/100
Pricing
4.2/10
License pricing
Pricing not available
Functionality
3
Zoho Inv...
ITQlick rating
4.6/5
Score
91/100
Pricing
2.2/10
License pricing
Pricing not available
Functionality
14
CannyBil...
ITQlick rating
3/5
Score
90/100
Pricing
6.6/10
License pricing
$7 per month
Functionality
4
salesfor...
ITQlick rating
3.2/5
Score
90/100
Pricing
3.4/10
License pricing
$75 per user/month
Functionality
3

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.