Compare Coda Financials and MultiCHAX - Apr 2022

Shlomi Lavi

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Bottom Line: Which is Better - Coda Financials or MultiCHAX?

Coda Financials is more expensive to implement (TCO) than MultiCHAX, and MultiCHAX is rated higher (92/100) than Coda Financials (85/100). Coda Financials offers users more features (15) than MultiCHAX (3).

Looking for the right Accounting & Finance 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:

UNIT4 Business Software Vs. Chax, Inc.

UNIT4 Business Software: UNIT4 is a global business software and services company that creates, provides and supports software – delivered via the cloud or on-premise – for a market sector it calls ‘Businesses Living IN Change’. Its solutions are aimed at helping these dynamic public sector and commercial services organizations to manage their business needs and embrace ch...

Chax, Inc.: CHAX®: The most cost-effective check by phone, check by fax, and check by internet system available. Checks by phone, fax, or e-mail software allows you to enter your customer's check information, print the information on a blank check form, and deposit the check to any U.S. bank for deposit the same day. Now, collecting payments by check has ne...

Who is more expensive? Coda Financials or MultiCHAX?

The real total cost of ownership (TCO) of Accounting & Finance 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 Coda Financials and MultiCHAX.

Coda Financials price starts at $10 per month , On a scale between 1 to 10 Coda Financials is rated 8, which is higher than the average cost of Accounting & Finance software. MultiCHAX price starts at $99 per license , When comparing MultiCHAX to its competitors, the software is rated 6 - similar to the average Accounting & Finance software cost.

Bottom line: Coda Financials is more expensive than MultiCHAX.

Which software includes more/better features?

We've compared Coda Financials Vs. MultiCHAX based on some of the most important and required Accounting & Finance features.

Coda Financials: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Accounts Receivable, Audit Trail, Billing & Invoicing, Budgeting & Forecasting, Cash Flow, Credit Card Processing, E-commerce.

MultiCHAX: Data Import/Export, Basic Reports, Online Customer Support.

Target customer size

Coda Financials was developed to support businesses all around the world. Customers of the software mainly include small and medium businesses with backgrounds in various major industries.