Compare BalancedComp and SAP ERP - Jan 2023

Shlomi LaviShlomi 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.

BalancedComp

ITQlick rating
(3.2/5)

starts at $20 per year

BalancedComp is a trending cloud-based Payroll software, it is designed to support medium and large size business. BalancedComp received a rating of 3.2 from ITQlick team. The software cost is considered afford...

Categories: HR Accounting, Human Resources Module, Human Resources, Payroll.

SAP ERP

ITQlick rating
(4/5)

starts at $108 per user/month

SAP ERP is a cloud ERP suite that offers resource planning and business management solution designed to offer the users the financial transparency they need to execute growth plans, expand margins, and satisfy ...

Categories: Billing & Invoicing, Budgeting & CPM, Data Analysis Tools, CRM, Distribution.

Compare specifications

Compare features

BalancedComp: 0 Features

We are working to collect the list of features

SAP ERP: 15 Features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Accounting Module
Business Intelligence Module
CRM Module
Human Resources Module
Inventory Management Module
Manufacturing Module
Procurement Module
Project Management Module
Supply Chain Management Module
Customer Database
Social Media
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
BalancedComp
ITQlick rating
3.2/5
Score
62/100
Pricing
5/10
License pricing
$20 per year
Functionality
7
Compare
SAP ERP
ITQlick rating
4/5
Score
97/100
Pricing
10/10
License pricing
$108 per user/month
Functionality
44
Iconixx ...
ITQlick rating
4.5/5
Score
90/100
Pricing
6.8/10
License pricing
Pricing not available
Functionality
4
beqom EP...
ITQlick rating
3.5/5
Score
89/100
Pricing
3/10
License pricing
Pricing not available
Functionality
3
Compensationxl
ITQlick rating
4.8/5
Score
85/100
Pricing
4/10
License pricing
$5,000 per year
Functionality
6

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.