Compare NexusPayables and MultiCHAX - Apr 2022

Shlomi Lavi

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Bottom Line: Which is Better - NexusPayables or MultiCHAX?

MultiCHAX is more expensive to implement (TCO) than NexusPayables, and MultiCHAX is rated higher (92/100) than NexusPayables (85/100). MultiCHAX offers users more features (3) than NexusPayables (1).

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:

Nexus system Vs. Chax, Inc.

Nexus system: NexusPayables is your single software solution to streamline and manage the entire accounts payables process from purchase to payment. By design, the NexusPayables product is a web-based software that automates the traditionally paper intensive AP process and is recognized as the best-in-class paperless solution due to its mature functionality and ...

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...

Who is more expensive? NexusPayables or MultiCHAX?

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 NexusPayables and MultiCHAX.

NexusPayables price starts at $750 per year , On a scale between 1 to 10 NexusPayables is rated 2, which is much lower than the average cost of Accounting & Finance software. MultiCHAX price starts at $99 per license , When comparing MultiCHAX to its competitors, the software is rated 6 - similar to the average Accounting & Finance software cost.

Bottom line: MultiCHAX is more expensive than NexusPayables.

Which software includes more/better features?

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

NexusPayables: Accounts Payable.

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

Target customer size

NexusPayables's typical customers include: Small, medium and large size businesses, Customers of the software mainly include small and medium businesses with backgrounds in various major industries.