Shlomi Lavi /
Feb 01, 2023
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Bottom Line: Which is Better - Balanced Scorecard or Izenda Reports?
Balanced Scorecard is more expensive to implement (TCO) than Izenda Reports, and Balanced Scorecard is rated higher (92/100) than Izenda Reports (79/100). Both tools offer the same amount of features.
Looking for the right Business Intelligence 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:
MGI Solution Vs. Izenda
MGI Solution: MGI Solutions is a management consulting and custom software development firm specializing in corporate performance management (CPM) solutions.
The company was founded byTony Ciotti in 1994 to consult high net worth investors on private equity investments and to consult growth companies on capital formation, corporate financial strategies, merg...
Izenda: Izenda has more than a decade of experience delivering embedded ad-hoc reporting, real-time dashboards and data visualization to hundreds of thousands of users. We live and breathe self-service BI, and that enables us to deliver real-world, practical value to our clients, every day.
Who is more expensive? Balanced Scorecard or Izenda Reports?
The real total cost of ownership (TCO) of Business Intelligence 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 Balanced Scorecard and Izenda Reports.
Balanced Scorecard price starts at $125 per user/month , On a scale between 1 to 10 Balanced Scorecard is rated 8, which is higher than the average cost of Business Intelligence software. Izenda Reports price starts at $30,000 per license , When comparing Izenda Reports to its competitors, the software is rated 6 - similar to the average Business Intelligence software cost.
Bottom line: Balanced Scorecard is more expensive than Izenda Reports.
Which software includes more/better features?
We've compared Balanced Scorecard Vs. Izenda Reports based on some of the most important and required Business Intelligence features.
Balanced Scorecard: Basic Reports, Dashboard, Data Import/Export, Online Customer Support, Data analysis, Project Collaboration.
Izenda Reports: Dashboard, Financial reporting, Ad-Hoc Reporting, Automatic Scheduled Reporting, OLAP.
Target customer size
Customers of the software include small and medium businesses from a variety of industries. Customers of the software include businesses of all sizes hailing from a diverse range of
industries.