Compare FreeBalance Accountability Suite and Audit (Medgate) - Mar 2022

Shlomi Lavi

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .

Bottom Line: Which is Better - FreeBalance Accountability Suite or Audit (Medgate)?

FreeBalance Accountability Suite is more expensive to implement (TCO) than Audit (Medgate), and Audit (Medgate) is rated higher (89/100) than FreeBalance Accountability Suite (57/100). FreeBalance Accountability Suite offers users more features (9) than Audit (Medgate) (0).

Looking for the right Governance, Risk and Compliance (GRC) 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:

freebalance Vs. Medgate Inc.

freebalance: FreeBalance is a global provider of software solutions for public financial management (PFM). PFM is an essential part of the international development process. FreeBalance solutions support government modernization, fiscal decentralization, and public finance reform across all levels of government. The FreeBalance Accountability Suite is a comm...

Medgate Inc.: Medgate is the industry’s leading Environmental, Health, Safety, and Quality (EHSQ) software solution, used by EHSQ professionals across a wide range of industries around the world. Our software is developed and implemented by accredited EHSQ professionals with real world experience.

Who is more expensive? FreeBalance Accountability Suite or Audit Management Software (Medgate)?

The real total cost of ownership (TCO) of Governance, Risk and Compliance (GRC) 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 FreeBalance Accountability Suite and Audit Management Software (Medgate).

FreeBalance Accountability Suite accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 FreeBalance Accountability Suite is rated 6, which is similar to the average cost of Governance, Risk and Compliance (GRC) software. Audit Management Software (Medgate) price starts at $10,000 per year , When comparing Audit Management Software (Medgate) to its competitors, the software is rated 4 - lower than the average Governance, Risk and Compliance (GRC) software cost.

Bottom line: FreeBalance Accountability Suite is more expensive than Audit Management Software (Medgate).

Which software includes more/better features?

We've compared FreeBalance Accountability Suite Vs. Audit (Medgate) based on some of the most important and required Governance, Risk and Compliance (GRC) features.

FreeBalance Accountability Suite: Accounting Module, Business Intelligence Module, CRM Module, Human Resources Module, Inventory Management Module, Manufacturing Module, Procurement Module, Project Management Module.

Audit Management Software (Medgate): We are still working to collect the list of features for Audit Management Software (Medgate).

Target customer size

FreeBalance Accountability Suite's typical customers include: Start up, Small business, Medium business, Large business, The common clients of Audit Management Software (Medgate) software are the individuals engaging with small (having one to 100 employees) and/or medium-sized (having more than 100 to 1,000 employees) businesses that harness the services from the industry sector of IT and other information related services, mainly with the environment, health and safety/EHS operations management.