Compare BudgetPak and monday.com - Feb 2023

Shlomi LaviShlomi Lavi / Feb 28, 2023

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Bottom Line: Which is Better - BudgetPak or monday.com?

BudgetPak is more expensive to implement (TCO) than monday.com, and monday.com is rated higher (98/100) than BudgetPak (83/100). monday.com offers users more features (35) than BudgetPak (5). There is a clear winner in this case and it is monday.com!

Looking for the right Budgeting & CPM 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:

XLerant, Inc Vs. monday.com

XLerant, Inc: XLerant, Inc. provides a cloud-based budgeting, forecasting and reporting solution for small to mid-sized organizations — designed for the needs of finance teams and budget managers. XLerant's non-Excel interface engages budget managers and empowers them to make informed decisions to help achieve strategic objectives. XLerant's powerful software-as...

monday.com: Founded in 2012 and launched as an independent startup in February 2014, monday.com is a tool that transforms the way teams work together. Our mission is to help teams build a culture of transparency, empowering everyone to achieve more and be happier at work. We're obsessed with building an excellent product, and our goal is to create a tool that ...

Who is more expensive? BudgetPak or monday.com?

The real total cost of ownership (TCO) of Budgeting & CPM 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 BudgetPak and monday.com.

BudgetPak price starts at $10,000 per license , On a scale between 1 to 10 BudgetPak Software is rated 6, which is similar to the average cost of Budgeting & CPM software. monday.com price starts at $10 per seat/month , When comparing monday.com to its competitors, the software is rated 4 - lower than the average Budgeting & CPM software cost.

Bottom line: BudgetPak is more expensive than monday.com.

Which software includes more/better features?

We've compared BudgetPak Vs. monday.com based on some of the most important and required Budgeting & CPM features.

BudgetPak: Version Control, Budgeting & Forecasting, Project Budgeting, Capital Asset Planning, Profit / Loss Statement.

monday.com: Basic Reports, Chat, Customizable Categories, Dashboard, HR Analytics.

Target customer size

BudgetPak's typical customers include: SMBs,

Monday.

BudgetPak

ITQlick rating
(4.7/5)

starts at $10,000 per license

BudgetPak is a budgeting & CPM software designed to help organizations manage budgeting, forecasting, and reporting. The software helps organizations engage their teams in their budgeting process.

Categories: Accounting & Finance, Budgeting & CPM, Capital Program Management, Project Budgeting.

monday.com

ITQlick rating
(4.7/5)

starts at $10 per seat/month

monday.com is both a cloud-based as well as an on-premise software solution that was developed mainly to assist in project and team management. The software fosters team collaboration as it connects and allows ...

Categories: Fixed Asset Management, Budgeting & CPM, Strategic Planning, Business performance management, Performance Management.

Compare specifications

Compare features

BudgetPak: 5 Features

Version Control
Budgeting & Forecasting
Project Budgeting
Capital Asset Planning
Profit / Loss Statement

monday.com: 35 Features

Basic Reports
Chat
Customizable Categories
Dashboard
HR Analytics
Human Resources
Employee Onboarding
Workforce Management
Agile Project Management
Budget & Expense Management
Collaboration
Project Management
Resource Management
Task Management
Project Management
Project Collaboration
Project Planning
Project Portfolio Management
Dashboarding
Budgeting & CPM
Customer Service
Customer Relationship Management
Contract Management
Equipment Management
Project Management
Service Management
Lead Management
Expense Management
Categorizing
Collaboration Center
Team Collaboration
Lifecycle Management
Process Analysis
Business Process
IT Management
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
BudgetPa...
ITQlick rating
4.7/5
Score
83/100
Pricing
7.8/10
License pricing
$10,000 per license
Functionality
10
Compare
monday.c...
ITQlick rating
4.7/5
Score
98/100
Pricing
4/10
License pricing
$10 per seat/month
Functionality
92
Workday ...
ITQlick rating
4.5/5
Score
94/100
Pricing
8/10
License pricing
$15,000 per license
Functionality
28
neubrain...
ITQlick rating
3.8/5
Score
92/100
Pricing
4/10
License pricing
$10,000 per license
Functionality
17
Budgyt
ITQlick rating
4.9/5
Score
89/100
Pricing
3/10
License pricing
$399 per month
Functionality
3
Review

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.