Compare SAP Financials On Demand and Visual AccountMate - Jul 2022

Shlomi LaviShlomi Lavi / Jul 25, 2022

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Bottom Line: Which is Better - SAP Financials On Demand or Visual AccountMate?

Visual AccountMate is more expensive to implement (TCO) than SAP Financials On Demand, and SAP Financials On Demand is rated higher (89/100) than Visual AccountMate (81/100). Both tools offer the same amount of features.

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. AccountMate Software

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...

AccountMate Software: AccountMate offers unique accounting solutions for your growing business.AccountMate has provided customers with powerful and flexible accounting and business management software that meets the exact needs of their businesses. Many other accounting solutions require you to make changes to your core business processes in order to utilize their so...

Who is more expensive? SAP Financials On Demand or Visual AccountMate?

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 Visual AccountMate.

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. Visual AccountMate price starts at $4,000 per license , When comparing Visual AccountMate 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 Visual AccountMate.

Which software includes more/better features?

We've compared SAP Financials On Demand Vs. Visual AccountMate 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.

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

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 is a viable solution for businesses of all sizes and a wide range of types.



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.

Visual AccountMate

ITQlick rating
(3.9/5)

starts at $4,000 per license

AccountMate is an accounting and analysis solution for businesses of all sizes. It offers such services as general ledger, inventory control, payroll management, and others. The software was designed and launch...

Categories: Core Accounting.

Compare specifications

Compare features

SAP Financials On Demand: 3 Features

Cash Flow
Cash flow/cash budget
Real Time Comparisons

Visual AccountMate: 3 Features

Data Import/Export
Basic Reports
Online Customer Support
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
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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.