Compare MultiCHAX and GMS Accounting - Mar 2022

Shlomi Lavi

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Bottom Line: Which is Better - MultiCHAX or GMS Accounting?

MultiCHAX is more expensive to implement (TCO) than GMS Accounting, and MultiCHAX is rated higher (92/100) than GMS Accounting (76/100). GMS Accounting offers users more features (19) than MultiCHAX (3).

Looking for the right Accounting & Finance 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:

Chax, Inc. Vs. Grants Management Systems (GMS)

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...

Grants Management Systems (GMS): GMS (Grants Management Systems) has designed specialized software with a demonstrated record of success for hundreds of non-profit and public organizations. Our clients will tell you, GMS has a clear understanding of their distinct accounting and financial reporting needs. The GMS Accounting and Financial Management/Reporting System is not a ...

Who is more expensive? MultiCHAX or GMS Accounting?

The real total cost of ownership (TCO) of Accounting & Finance 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 MultiCHAX and GMS Accounting.

MultiCHAX price starts at $99 per license , On a scale between 1 to 10 MultiCHAX is rated 6, which is similar to the average cost of Accounting & Finance software. GMS Accounting accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 MultiCHAX is rated 6, which is similar to the average cost of Accounting & Finance software.

Bottom line: MultiCHAX is more expensive than GMS Accounting.

Which software includes more/better features?

We've compared MultiCHAX Vs. GMS Accounting based on some of the most important and required Accounting & Finance features.

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

GMS Accounting: Accounts Payable, Accounts Receivable, Audit Trail, Balance Sheet, Budgeting & Forecasting.

Target customer size

Customers of the software mainly include small and medium businesses with backgrounds in various major industries. GMS accounting software is suitable for all business sizes.