Compare SAP Financials On Demand and FinancialForce Accounting - Oct 2022

Shlomi LaviShlomi Lavi / Oct 01, 2022

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Bottom Line: Which is Better - SAP Financials On Demand or FinancialForce Accounting?

FinancialForce Accounting is more expensive to implement (TCO) than SAP Financials On Demand, and SAP Financials On Demand is rated higher (89/100) than FinancialForce Accounting (80/100). FinancialForce Accounting offers users more features (14) 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. Financial Force

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...

Financial Force: FinancialForce.com is the cloud applications company. We focus 100% on building business applications for Force.com, the world’s leading cloud computing platform from salesforce.com. Our applications include Accounting, Billing, Professional Services Automation (PSA) and Services Resource Planning (SRP). We serve fast-growing organizations as well...

Who is more expensive? SAP Financials On Demand or FinancialForce 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 SAP Financials On Demand and FinancialForce Accounting.

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. FinancialForce Accounting price starts at $9,000 per year , When comparing FinancialForce Accounting to its competitors, the software is rated 4 - lower than the average Accounting & Finance software cost.

Bottom line: SAP Financials On Demand cost is around the same cost of FinancialForce Accounting.

Which software includes more/better features?

We've compared SAP Financials On Demand Vs. FinancialForce Accounting 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.

FinancialForce Accounting: Accounts Payable, Accounts Receivable, Audit Trail, Billing & Invoicing, Budgeting & Forecasting.

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. FinancialForce Accounting is perfect for companies of all sizes, starting from small businesses to large multi-national enterprises.

SAP Financials On Demand

ITQlick rating
(4.5/5)

SAP launched Financials OnDemand in late 2012 as a stand-alone financial management solution designed exclusively for the cloud. It tracks end-to-end financial transactions from order to cash and procurement to...

Categories: Billing & Invoicing, Budgeting & CPM, Core Accounting, Financial reporting.

FinancialForce Accounting

ITQlick rating
(4/5)

starts at $9,000 per year

FinancialForce Accounting is a cloud-based finance and accounting solution built for sales force companies. Its key features include accounting management, billing and invoicing, financial analysis, reporting a...

Categories: Billing & Invoicing, Core Accounting, Financial reporting, Accounting Practice Management, Medical Accounting.

Compare specifications

Compare features

SAP Financials On Demand: 3 Features

Cash Flow
Cash flow/cash budget
Real Time Comparisons

FinancialForce Accounting: 14 Features

Accounts Payable
Accounts Receivable
Audit Trail
Billing & Invoicing
Budgeting & Forecasting
Credit Card Processing
Depreciation
Fixed-Assets
General-Ledger
Project-Accounting
Purchase Orders
Sales Reporting
Customer Management
Time and Expense Tracking
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
SAP Fina...
ITQlick rating
4.5/5
Score
89/100
Pricing
4.8/10
License pricing
Pricing not available
Functionality
15
Compare
Financia...
ITQlick rating
4/5
Score
80/100
Pricing
5.4/10
License pricing
$9,000 per year
Functionality
19
Denali B...
ITQlick rating
4.1/5
Score
93/100
Pricing
2.6/10
License pricing
$1,999 per license
Functionality
16
MoneyDesktop
ITQlick rating
4.7/5
Score
92/100
Pricing
5.2/10
License pricing
Pricing not available
Functionality
4
MultiCHAX
ITQlick rating
3.4/5
Score
92/100
Pricing
7/10
License pricing
$99 per license
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.