Compare Idu-Concept Software and XLReporting - Jan 2023

Shlomi LaviShlomi Lavi / Jan 26, 2023

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Bottom Line: Which is Better - Idu-Concept Software or XLReporting?

Idu-Concept Software is more expensive to implement (TCO) than XLReporting, and Idu-Concept Software is rated higher (81/100) than XLReporting (80/100). Idu-Concept Software offers users more features (12) than XLReporting (5).

Looking for the right Budgeting & CPM 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:

IDU Vs. XLReporting

IDU: Established in 1998, idu was created by accountants and financial systems specialists to deliver smart software solutions for budgeting and financial reporting across all standard ERP and financial systems. Our flagship product, idu-Concept, is specifically designed to overcome issues that get in the way of effective budgeting, forecasting and repo...

XLReporting: We are a small team of finance and IT experts, specialized in financial reporting and planning processes. Lots of companies depend on complex and fragile Excel solutions for their reporting, consolidation, and budgeting. We help our clients to move away from that by providing them with powerful, flexible, and robust solutions. We developed XLRep...

Who is more expensive? Idu-Concept Software or XLReporting?

The real total cost of ownership (TCO) of Budgeting & CPM 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 Idu-Concept Software and XLReporting.

Idu-Concept Software price starts at $50 per feature/month , On a scale between 1 to 10 Idu-Concept Software is rated 4, which is lower than the average cost of Budgeting & CPM software. XLReporting price starts at $240 per month , When comparing XLReporting to its competitors, the software is rated 2 - much lower than the average Budgeting & CPM software cost.

Bottom line: Idu-Concept Software is more expensive than XLReporting.

Which software includes more/better features?

We've compared Idu-Concept Software Vs. XLReporting based on some of the most important and required Budgeting & CPM features.

Idu-Concept Software: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Dashboard, Version Control, Balance Sheet, Budgeting & Forecasting, Financial reporting, Predictive-Analysis, Project Management, Business performance management.

XLReporting: Version Control, Budgeting & Forecasting, Financial reporting, Capital Asset Planning, Forecasting.

Target customer size

Idu-Concept Software's typical customers include: SMBs, The typical clients utilizing XLReporting are those belonging to the small (with 10 – 100 employees) to medium-sized (with 100 to 1,000 employees) enterprises that make use of the services offered by the IT sector, data hosting and other related information services, particularly in the field of visual analytics and business intelligence.

Idu-Concept Software

ITQlick rating
(4/5)

starts at $50 per feature/month

IDU-Concept is a budgeting & CPM software designed to give businesses empowered financial management that cuts across budgeting, forecasting, and reporting.

Categories: Budgeting & CPM, Financial reporting, Business performance management, Budgeting & CPM.

XLReporting

ITQlick rating
(2.8/5)

starts at $240 per month

XLReporting is a web-based software offering users with functionalities such as budgeting, reporting solutions, and financial consolidation that can be integrated with Excel. It is also possible to link this to...

Categories: Audit Management, Budgeting & CPM, Financial reporting, Visual Analytics.

Compare specifications

Compare features

Idu-Concept Software: 12 Features

Dashboard
Version Control
Balance Sheet
Budgeting & Forecasting
Financial reporting
Predictive-Analysis
Project Management
Business performance management
Capital Asset Planning
Forecasting
Income Statements
Project Budgeting

XLReporting: 5 Features

Version Control
Budgeting & Forecasting
Financial reporting
Capital Asset Planning
Forecasting
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
Idu-Conc...
ITQlick rating
4/5
Score
81/100
Pricing
5/10
License pricing
$50 per feature/month
Functionality
26
Compare
XLReporting
ITQlick rating
2.8/5
Score
80/100
Pricing
2.8/10
License pricing
$240 per month
Functionality
9
Workday ...
ITQlick rating
4.5/5
Score
94/100
Pricing
8/10
License pricing
$15,000 per license
Functionality
28
neubrain...
ITQlick rating
3.8/5
Score
92/100
Pricing
4/10
License pricing
$10,000 per license
Functionality
17
Budgyt
ITQlick rating
4.9/5
Score
89/100
Pricing
3/10
License pricing
$399 per month
Functionality
3
Review

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.