Compare FYIsoft and Stratify - Jan 2024

Shlomi LaviShlomi Lavi / Jan 19, 2024

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Bottom Line: Which is Better - FYIsoft or Stratify?

FYIsoft is more expensive to implement (TCO) than Stratify, and Stratify is rated higher (82/100) than FYIsoft (62/100). Stratify offers users more features (5) than FYIsoft (0). There is a clear winner in this case and it is Stratify!

Looking for the right Financial reporting 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:

FYIsoft Vs. Stratify Technologies

FYIsoft: FYIsoft (formerly Renovo Corporation) was founded in 2012 to provide innovative financial reporting solutions that enable companies to gain accurate insight into their corporate finances.

Stratify Technologies: With Stratify, you can ditch the endless emailed spreadsheets and work together seamlessly. Run a coordinated process that engages business partners so you can nail down more accurate plans, and drive business success.

Who is more expensive? FYIsoft or Stratify?

The real total cost of ownership (TCO) of Financial reporting 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 FYIsoft and Stratify.

FYIsoft accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 FYIsoft is rated 8, which is higher than the average cost of Financial reporting software. Stratify accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 FYIsoft is rated 8, which is higher than the average cost of Financial reporting software.

Bottom line: FYIsoft is more expensive than Stratify.

Which software includes more/better features?

We've compared FYIsoft Vs. Stratify based on some of the most important and required Financial reporting features.

FYIsoft: We are still working to collect the list of features for FYIsoft.

Stratify: Data visualization, Dashboard, Budgeting & Forecasting, Financial reporting, KPI.

Target customer size

FYIsoft's typical customers include: Small, medium and large size businesses,

Stratify Techs versatile platform serves a diverse range of industries and customers, making it accessible and valuable for various business sectors.



FYIsoft

ITQlick rating
(2.8/5)

FYIsoft is an AI-powered accounting software that allows analysts to automatically distribute finance related reports, and format them for presentation use.

Categories: Accounting & Finance, Audit Management, Financial reporting, Financial consolidation.

Stratify

ITQlick rating
(5/5)

Stratify Tech is a company that offers a cloud-based budgeting, forecasting, and reporting solution. Its platform helps finance teams to strategically engage stakeholders in continuous planning and workforce pl...

Categories: Financial reporting, Strategic Planning, Data visualization, Demand Forecasting / Replenishment, Access Control.

Compare specifications

Compare features

FYIsoft: 0 Features

We are working to collect the list of features

Stratify: 5 Features

Data visualization
Dashboard
Budgeting & Forecasting
Financial reporting
KPI
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
FYIsoft
ITQlick rating
2.8/5
Score
62/100
Pricing
8/10
License pricing
Pricing not available
Functionality
4
Compare
Stratify
ITQlick rating
5/5
Score
82/100
Pricing
4/10
License pricing
Pricing not available
Functionality
10
Qvinci
ITQlick rating
3.7/5
Score
90/100
Pricing
2.6/10
License pricing
$4.95 per user/month
Functionality
5
Review
Rephop
ITQlick rating
2.8/5
Score
78/100
Pricing
3/10
License pricing
$483.27 per month
Functionality
11
Review
ECOWIN P...
ITQlick rating
3.1/5
Score
62/100
Pricing
6.2/10
License pricing
Pricing not available
Functionality
5

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.