Shlomi Lavi /
Oct 01, 2022
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Bottom Line: Which is Better - FinancialForce Accounting or MultiCHAX?
MultiCHAX is more expensive to implement (TCO) than FinancialForce Accounting, and MultiCHAX is rated higher (92/100) than FinancialForce Accounting (80/100). FinancialForce Accounting offers users more features (14) than MultiCHAX (3).
Looking for the right Core Accounting 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:
Financial Force Vs. Chax, Inc.
Financial Force: FinancialForce.com is the cloud applications company. We focus 100% on building business applications for Force.com, the world’s leading cloud computing platform from salesforce.com. Our applications include Accounting, Billing, Professional Services Automation (PSA) and Services Resource Planning (SRP). We serve fast-growing organizations as well...
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? FinancialForce Accounting or MultiCHAX?
The real total cost of ownership (TCO) of Core Accounting 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 FinancialForce Accounting and MultiCHAX.
FinancialForce Accounting price starts at $9,000 per year , On a scale between 1 to 10 FinancialForce Accounting is rated 4, which is lower than the average cost of Core Accounting software. MultiCHAX price starts at $99 per license , When comparing MultiCHAX to its competitors, the software is rated 6 - similar to the average Core Accounting software cost.
Bottom line: MultiCHAX is more expensive than FinancialForce Accounting.
Which software includes more/better features?
We've compared FinancialForce Accounting Vs. MultiCHAX based on some of the most important and required Core Accounting features.
FinancialForce Accounting: 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, Credit Card Processing, Depreciation, Fixed-Assets.
MultiCHAX: Data Import/Export, Basic Reports, Online Customer Support.
Target customer size
FinancialForce Accounting is perfect for companies of all sizes, starting from small businesses to large multi-national enterprises. Customers of the software mainly include small and medium businesses with backgrounds
in various major industries.