Compare FINEOS Claims and PLEXIS Payers - Jun 2022

Shlomi LaviShlomi Lavi / Jun 08, 2022

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Bottom Line: Which is Better - FINEOS Claims or PLEXIS Payers?

PLEXIS Payers is more expensive to implement (TCO) than FINEOS Claims, and PLEXIS Payers is rated higher (84/100) than FINEOS Claims (62/100). FINEOS Claims offers users more features (3) than PLEXIS Payers (0).

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:

FINEOS Vs. PLEXIS Healthcare Systems

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...

PLEXIS Healthcare Systems: PLEXIS Healthcare Systems is a leading payer technology company that delivers trusted enterprise core administration and claims management solutions to healthcare payers and delivery systems around the globe. PLEXIS empowers the business of healthcare, igniting growth, innovation, and efficiencies across diverse business lines for payer organizatio...

Who is more expensive? FINEOS Claims or PLEXIS Payer Platforms?

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 FINEOS Claims and PLEXIS Payer Platforms.

FINEOS Claims accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 FINEOS Claims is rated 2, which is much lower than the average cost of Claims Management software. PLEXIS Payer Platforms accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 FINEOS Claims is rated 2, which is much lower than the average cost of Claims Management software.

Bottom line: PLEXIS Payer Platforms is more expensive than FINEOS Claims.

Which software includes more/better features?

We've compared FINEOS Claims Vs. PLEXIS Payers based on some of the most important and required Claims Management features.

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

PLEXIS Payer Platforms: We are still working to collect the list of features for PLEXIS Payer Platforms.

Target customer size

FINEOS Claims's typical customers include: Start up, Small business, Medium business, Large business, and PLEXIS Payer Platforms's target customer size include: Small, medium and large size businesses.



FINEOS Claims

ITQlick rating
(4.4/5)

FINEOS Claims is a leading cloud-based IT Management software, it is designed to support small, medium and large size business. FINEOS Claims received a rating of 4.4 from ITQlick team. The software cost is con...

Categories: Information Management, , IT Management.

PLEXIS Payers

ITQlick rating
(2.8/5)

PLEXIS Payers is a cloud-based Claims Management software that assists Healthcare workers in processing claims and handling administration as it affects ROI.

Categories: Payment gateway Integration, BI & Analytics, Big data, Data Warehousing, Performance Management.

Compare specifications

Compare features

FINEOS Claims: 3 Features

Data Import/Export
Basic Reports
Online Customer Support

PLEXIS Payer Platforms: 0 Features

We are working to collect the information
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
FINEOS C...
ITQlick rating
4.4/5
Score
62/100
Pricing
3.2/10
License pricing
Pricing not available
Functionality
6
Compare
PLEXIS P...
ITQlick rating
2.8/5
Score
84/100
Pricing
6/10
License pricing
Pricing not available
Functionality
19
Claimscape
ITQlick rating
4.1/5
Score
62/100
Pricing
3.8/10
License pricing
$60,000 per license
Functionality
4

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.