Shlomi Lavi /
Jan 25, 2023
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Bottom Line: Which is Better - BalancedComp or SAP ERP?
SAP ERP is more expensive to implement (TCO) than BalancedComp, and SAP ERP is rated higher (97/100) than BalancedComp (62/100). SAP ERP offers users more features (15) than BalancedComp (0).
Looking for the right Compensation Management 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:
BalancedComp Vs. SAP
BalancedComp: Calibrating Pay-to-Performance for Financial Institutions
BalancedComp is a software and consulting firm dedicated to serving credit unions and banks. Our focus is web based salary administration and performance management processes that attract, motivate and retain a talented workforce.
SAP: SAP ® AG is German software corporation that makes enterprise software to manage business operations and customer relations. SAP ® is the market leader in enterprise application software. The company's best-known software products are its enterprise resource planning application (SAP ® ERP), its enterpr...
Who is more expensive? BalancedComp or SAP ERP?
The real total cost of ownership (TCO) of Compensation Management 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 BalancedComp and SAP ERP.
BalancedComp price starts at $20 per year , On a scale between 1 to 10 BalancedComp is rated 4, which is lower than the average cost of Compensation Management software. SAP ERP price starts at $108 per user/month , When comparing SAP ERP to its competitors, the software is rated 10 - much higher than the average Compensation Management software cost.
Bottom line: SAP ERP is more expensive than BalancedComp.
Which software includes more/better features?
We've compared BalancedComp Vs. SAP ERP based on some of the most important and required Compensation Management features.
BalancedComp: We are still working to collect the list of features for BalancedComp.
SAP ERP: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Accounting Module.
Target customer size
BalancedComp's typical customers include: Medium and large size businesses, SAP ERP is a remedy that is best fit for large companies.