Shlomi Lavi /
Mar 12, 2022
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Bottom Line: Which is Better - Balanced Scorecard or Microsoft Excel?
Balanced Scorecard is more expensive to implement (TCO) than Microsoft Excel, and Balanced Scorecard is rated higher (92/100) than Microsoft Excel (56/100). Balanced Scorecard offers users more features (6) than Microsoft Excel (3).
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. Microsoft
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...
Microsoft:
Microsoft Corporation is an American corporation that develops, manufactures, licenses and supports a wide range of products and services related to computing. The company was founded by Bill Gates and Paul Allen on April 4, 1975. Microsoft is the world's largest software maker measured by revenues.
Who is more expensive? Balanced Scorecard or Microsoft Excel?
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 Microsoft Excel.
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. Microsoft Excel price starts at $140 per license , When comparing Microsoft Excel to its competitors, the software is rated 4 - lower than the average Business Intelligence software cost.
Bottom line: Balanced Scorecard is more expensive than Microsoft Excel.
Which software includes more/better features?
We've compared Balanced Scorecard Vs. Microsoft Excel 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.
Microsoft Excel: Data Import/Export, Basic Reports, Online Customer Support.
Target customer size
Customers of the software include small and medium businesses from a variety of industries. There is no restriction of business size and industry to use Microsoft Excel.