Shlomi Lavi /
Jun 20, 2022
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Bottom Line: Which is Better - Claimscape or FINEOS Claims?
Claimscape is more expensive to implement (TCO) than FINEOS Claims, and FINEOS Claims is rated with the same score (62/100) as Claimscape (62/100). Both tools offer the same amount of features.
Looking for the right Claims 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:
Datagenix Vs. FINEOS
Datagenix: Datagenix was formed in July 2000 to leverage the power of imaging and forms processing technology for use in conjunction with legacy and next generation systems. The company has evolved into an entity that creates state of the art forms processing and imaging systems for medical and health insurance companies, innovative eLearning systems such as ...
FINEOS: FINEOS is the number one provider of group and individual software solutions for the Global Life and Health insurance industry. FINEOS supports claims processing at:
Six of the top 20 Life and Health insurance carriers in the US
Three of the top five Life and Health insurance carriers in Australia
Three of the top 15 insurance carriers in Can...
Who is more expensive? Claimscape or FINEOS Claims?
The real total cost of ownership (TCO) of Claims 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 Claimscape and FINEOS Claims.
Claimscape price starts at $60,000 per license , On a scale between 1 to 10 Claimscape is rated 2, which is much lower than the average cost of Claims Management software. FINEOS Claims accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Claimscape is rated 2, which is much lower than the average cost of Claims Management software.
Bottom line: Claimscape cost is around the same cost of FINEOS Claims.
Which software includes more/better features?
We've compared Claimscape Vs. FINEOS Claims based on some of the most important and required Claims Management features.
Claimscape: Data Import/Export, Basic Reports, Online Customer Support.
FINEOS Claims: Data Import/Export, Basic Reports, Online Customer Support.
Target customer size
Claimscape's typical customers include: Start up, Small business, Medium business, Large business, and FINEOS Claims's target customer size include: Start up, Small business, Medium business, Large business.