Budget Maestro Vs Tagetik 4-0 (Jun 2021)

Shlomi LaviShlomi Lavi / Jun 03, 2021

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Bottom Line: Which is Better - Budget Maestro or Tagetik 4-0?

Tagetik 4-0 is more expensive to implement (TCO) than Budget Maestro, Budget Maestro is rated higher (87/100) than Tagetik 4-0 (85/100). Budget Maestro offers more features (15) to their users than Tagetik 4-0 (14). There is a clear winner in this case and it is Budget Maestro!

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:

How Centage Corporation compares with Tagetik ?

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 process...

Tagetik : Founded in 1986, Tagetik is a trusted provider of Corporate Performance Management and Business Intelligence software for budgeting, forecasting, financial consolidation, close, reporting, disclosure and more. Tagetik is one of the fastest growing global software companies in the Performance Management software industry.

Who's more expensive? Budget Maestro or Tagetik 4-0?

The real total cost of ownership (TCO) of Business performance management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance & support and other related services. When calculating the TCO it's important to add all of these "hidden cost" as well. We prepared a TCO calculator for Budget Maestro and Tagetik 4-0.

Budget Maestro price starts at $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. Tagetik 4-0 price starts at $2,240 per user/month , when comparing Tagetik 4-0 to their competitors, the software is rated 10 - much higher than the average Business performance management software cost.

Bottom line:Tagetik 4-0 is more expensive than Budget Maestro.

Which software includes more/better features?

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. Tagetik 4-0 based on some of the most important and required Business performance management features. Budget Maestro: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Accounts Receivable, Budgeting & Forecasting, Cash Flow, Credit Card Processing, Fixed-Assets, Multi-Currency, Sales Reporting. Tagetik 4-0: Audit Trail, Balance Sheet, Billing & Invoicing, Budgeting & Forecasting, Cash Flow.

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. Tagetik 4 is suitable for businesses of all sizes, but it is most widely used by large companies and enterprises.

Budget Maestro

ITQlick rating
(4/5)

starts at $10,000 per year

Budget Maestro (formerly known as Planning Maestro) is a software for mid-market enterprises looking to better manage their businesses and improve on performance. It was developed by the Centage Corporation Com...

Categories: Accounting & Finance, Fixed Asset Management, Budgeting & CPM, Financial reporting.

Tagetik 4-0

ITQlick rating
(4.3/5)

starts at $2,240 per user/month

Tagetik is a trusted provider of Corporate Performance Management and Business Intelligence software for budgeting, forecasting, financial consolidation, close, reporting, disclosure and more. Tagetik is one of...

Categories: Budgeting & CPM, Financial reporting, Financial consolidation, Payroll Accounting, Business Intelligence.

Compare specifications

Compare features

Budget Maestro: 15 Features

Accounts Payable
Accounts Receivable
Budgeting & Forecasting
Cash Flow
Credit Card Processing
Fixed-Assets
Multi-Currency
Sales Reporting
Tax compliance
Time & Expense
Agile Project Management
Budget & Expense Management
Issue Tracking
Project Management
Resource Management

Tagetik 4-0: 14 Features

Audit Trail
Balance Sheet
Billing & Invoicing
Budgeting & Forecasting
Cash Flow
Credit Card Processing
Depreciation
Fund-Accounting
General-Ledger
P&L Statement
Project-Accounting
Purchase Orders
Sales Reporting
Time & Expense
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
Budget
ITQlick rating
4/5
Score
87/100
Pricing
6.4/10
License pricing
$10,000 per year
Functionality
29
Review
Compare
Tagetik
ITQlick rating
4.3/5
Score
85/100
Pricing
10/10
License pricing
$2,240 per user/month
Functionality
29
Oracle
ITQlick rating
4/5
Score
91/100
Pricing
4.2/10
License pricing
$9,995 per license
Functionality
14
Review
Anaplan
ITQlick rating
4.4/5
Score
89/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
24
Infor
ITQlick rating
4/5
Score
86/100
Pricing
2.6/10
License pricing
$150 per user/month
Functionality
38
Review
Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.