Compare BeanworksAP and Accounts Payable Automation - Apr 2022

Shlomi Lavi

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Bottom Line: Which is Better - BeanworksAP or Accounts Payable Automation?

Accounts Payable Automation is more expensive to implement (TCO) than BeanworksAP, and Accounts Payable Automation is rated higher (88/100) than BeanworksAP (73/100). Accounts Payable Automation offers users more features (4) than BeanworksAP (0).

Looking for the right Accounts Payable 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:

Beanworks Solutions Vs. ReadSoft

Beanworks Solutions: rom purchase order matching to electronic payment, we believe it should never take more than 120 seconds to complete an invoice. As your partner in automation, Beanworks will drastically speed up exception handling and variance analysis, while automating internal controls.

ReadSoft : ReadSoft has been a pioneer in P2P invoice automation since the 1990s, when the company first brought free-form technology for invoice processing to market. Today, ReadSoft continues to be a global leader in business document process automation, with 2,500+ accounts payable solution applications worldwide – more than double the total applications o...

Who is more expensive? BeanworksAP or Accounts Payable Automation Software?

The real total cost of ownership (TCO) of Accounts Payable 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 BeanworksAP and Accounts Payable Automation Software.

BeanworksAP accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 BeanworksAP is rated 6, which is similar to the average cost of Accounts Payable software. Accounts Payable Automation Software price starts at $595 per license , When comparing Accounts Payable Automation Software to its competitors, the software is rated 6 - similar to the average Accounts Payable software cost.

Bottom line: BeanworksAP cost is around the same cost of Accounts Payable Automation Software.

Which software includes more/better features?

We've compared BeanworksAP Vs. Accounts Payable Automation based on some of the most important and required Accounts Payable features.

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

Accounts Payable Automation Software: Accounts Payable, Accounts Receivable, Billing & Invoicing, Fixed-Assets.

Target customer size

BeanworksAP's typical customers include: Small, medium and large size businesses, Customers of the software include businesses of all sizes and a variety of types from all over the world.