Shlomi Lavi /
Mar 12, 2022
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Bottom Line: Which is Better - COBRAGuard or Balanced Scorecard?
Balanced Scorecard is more expensive to implement (TCO) than COBRAGuard, and Balanced Scorecard is rated higher (92/100) than COBRAGuard (62/100). Balanced Scorecard offers users more features (6) than COBRAGuard (0).
Looking for the right Benefits Administration 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:
COBRAGuard Vs. MGI Solution
COBRAGuard: Founded in 2001, COBRAGuard is the industry’s most innovative choice for quality, cost-effective, Web-based COBRA administration. Many employers operate with leaner human resource departments than they did five years ago. Yet with healthcare reform, COBRA administration is more complex than ever before. It’s easy to understand why many employers fi...
MGI Solution: MGI Solutions is a management consulting and custom software development firm specializing in corporate performance management (CPM) solutions.
The company was founded byTony Ciotti in 1994 to consult high net worth investors on private equity investments and to consult growth companies on capital formation, corporate financial strategies, merg...
Who is more expensive? COBRAGuard or Balanced Scorecard?
The real total cost of ownership (TCO) of Benefits Administration 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 COBRAGuard and Balanced Scorecard.
COBRAGuard price starts at $39.95 per month , On a scale between 1 to 10 COBRAGuard is rated 4, which is lower than the average cost of Benefits Administration software. Balanced Scorecard price starts at $125 per user/month , When comparing Balanced Scorecard to its competitors, the software is rated 8 - higher than the average Benefits Administration software cost.
Bottom line: Balanced Scorecard is more expensive than COBRAGuard.
Which software includes more/better features?
We've compared COBRAGuard Vs. Balanced Scorecard based on some of the most important and required Benefits Administration features.
COBRAGuard: We are still working to collect the list of features for COBRAGuard.
Balanced Scorecard: Basic Reports, Dashboard, Data Import/Export, Online Customer Support, Data analysis.
Target customer size
The software is a suitable product for small and medium businesses as well as large enterprises. Customers of the software include small and medium businesses from a variety of industries.