SAP Financials On Demand Vs QuickBooks (Nov 2020)

SAP Financials On Demand Vs. QuickBooks: Which is better?

Shlomi Lavi / Nov 25, 2020

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Looking for the right Accounting & Finance solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. in this article we compare between the 2 software products:

Vendor comparison

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 enterprise data warehouse solution - SAP ® Business Warehouse (SAP ® BW), SAP BusinessObjects software, and most recently, Sybase mobile products and in-memory computing appliance SAP ® HANA. SAP ® is one of the largest software companies in the world.

DynaDo: DynaDo is a complete suite of tools needed to communicate and manage your business. It includes Email, Project Management, Customer Support, File Storage, Discussion Forums, Calendar, Chat, CRM. It replaces software like GMail, Dropbox, Zendesk, Salesforce and Basecamp.

Pricing/cost comparison

The real cost of Accounting & Finance software includes the software license, subscription fees, software training cost, customization cost, required hardware, and the cost of maintenance & support and other related services. It's critical that you account for all of these costs to gain an understanding of the system's "total cost of ownership". We prepared a total cost calculator for SAP Financials On Demand TCO and QuickBooks Online Plus total cost to help with the total cost of ownership calculation.

SAP Financials On Demand price Starting from $49 per month , 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. QuickBooks Online Plus price Starting from $12.50 per month , when comparing QuickBooks Online Plus to their 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 QuickBooks Online Plus.

Features and functionality

As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared SAP Financials On Demand Vs. QuickBooks 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, ..
QuickBooks Online Plus list of features include the following: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, 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. The software has specifically been designed for small and medium businesses.