Compare SAP Financials On Demand and Accounts Payable Automation - Mar 2022

Shlomi Lavi

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Bottom Line: Which is Better - SAP Financials On Demand or Accounts Payable Automation?

Accounts Payable Automation is more expensive to implement (TCO) than SAP Financials On Demand, and SAP Financials On Demand is rated higher (89/100) than Accounts Payable Automation (88/100). Accounts Payable Automation offers users more features (4) than SAP Financials On Demand (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:

SAP Vs. ReadSoft

SAP: SAP ® AG is German software corporation that makes enterprise software to manage business operations and customer relations. SAP ® is the market leader in enterprise application software. The company's best-known software products are its enterprise resource planning application (SAP ® ERP), its enterpr...

ReadSoft : ReadSoft has been a pioneer in P2P invoice automation since the 1990s, when the company first brought free-form technology for invoice processing to market. Today, ReadSoft continues to be a global leader in business document process automation, with 2,500+ accounts payable solution applications worldwide – more than double the total applications o...

Who is more expensive? SAP Financials On Demand or Accounts Payable Automation Software?

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 SAP Financials On Demand and Accounts Payable Automation Software.

SAP Financials On Demand accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 SAP Financials On Demand is rated 4, which is lower than the average cost of Accounting & Finance software. Accounts Payable Automation Software price starts at $595 per license , When comparing Accounts Payable Automation Software to its competitors, the software is rated 6 - similar to the average Accounting & Finance software cost.

Bottom line: Accounts Payable Automation Software is more expensive than SAP Financials On Demand.

Which software includes more/better features?

We've compared SAP Financials On Demand Vs. Accounts Payable Automation based on some of the most important and required Accounting & Finance features.

SAP Financials On Demand: Cash Flow, Cash flow/cash budget, Real Time Comparisons.

Accounts Payable Automation Software: Accounts Payable, Accounts Receivable, Billing & Invoicing, Fixed-Assets.

Target customer size

Financials OnDemand has been designed to target medium and large businesses and is primarily focused on the Finance departments in these organizations. Customers of the software include businesses of all sizes and a variety of types from all over the world.