Budget Maestro Vs ELMA (Aug 2020)

Budget Maestro Vs. ELMA: Which is better?

Shlomi Lavi / Aug 11, 2020

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Looking for the right Business performance management solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. in this article we compare between the 2 software products:

Vendor comparison

Centage Corporation: Centage Corporation is the world leader in automated, budgeting and planning software solutions for small to medium-sized organizations. Since 2001, thousands of managers at all levels have utilized the Budget Maestro family of solutions to streamline their budgeting, forecasting, financial consolidation, performance analysis, and reporting processes.

ELMA EUROPE SARL: ELMA EUROPE Sarl is an international branch of the Russian software development company. We provide our customers with the professional BPM, ECM, CRM and project management software.

Pricing/cost comparison

The real cost of Business performance management software includes the software license, subscription fees, software training cost, customization cost, required hardware, and the cost of maintenance & support and other related services. It's critical that you account for all of these costs to gain an understanding of the system's "total cost of ownership". We prepared a total cost calculator for Budget Maestro TCO and ELMA total cost to help with the total cost of ownership calculation.

Budget Maestro price Starting from $10,000 per year , on a scale between 1 to 10 Budget Maestro is rated 6, which is similar to the average cost of Business performance management software. ELMA accurate pricing info is available upon request (they don't share it publicly), however , on a scale between 1 to 10 Budget Maestro is rated 6, which is similar to the average cost of Business performance management software.

Bottom line: Budget Maestro cost is around the same cost of ELMA.

Features and functionality

As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared Budget Maestro Vs. ELMA based on some of the most important and required Business performance management features.
Budget Maestro: Accounts Payable, Accounts Receivable, Budgeting & Forecasting, Cash Flow, Credit Card Processing, Fixed-Assets, Multi-Currency, Sales Reporting, ..
ELMA list of features include the following: We are still working to collect the list of features of ELMA.

Target customer size

Budget Maestro was developed to serve many kinds of industries, from public to private, startups to mature and from family-owned operations to Fortune 500 organizations. and ELMA's target customer size include: Medium business, Large business.