Compare SBS Financials and CollaborateMD - Jul 2022

Shlomi Lavi

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Bottom Line: Which is Better - SBS Financials or CollaborateMD?

CollaborateMD is more expensive to implement (TCO) than SBS Financials, and CollaborateMD is rated higher (82/100) than SBS Financials (79/100). SBS Financials offers users more features (8) than CollaborateMD (7).

Looking for the right Medical 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:

Software Business Systems (SBS) Vs. CollaborateMD

Software Business Systems (SBS): We provide financial accounting software for companies that want complete visibility of, and more control over, their financial operations. Our SBS Financials Suite offers enterprise accounting functionality whether you need on-premises or cloud accounting software. It's easy to learn and use. The built-in reporting tools generate real-time financ...

CollaborateMD : CollaborateMD was founded in 1999 to help medical practices and medical billing services thrive in the jungle of ever changing government and insurance payer regulations without having to spend a fortune on software, support, and hardware. Our mission was simple one: provide a software solution where we handle all of the hardware and software compo...

Who is more expensive? SBS Financials or CollaborateMD?

The real total cost of ownership (TCO) of Medical 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 SBS Financials and CollaborateMD.

SBS Financials accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 SBS Financials Software is rated 4, which is lower than the average cost of Medical software. CollaborateMD price starts at $194 per month , When comparing CollaborateMD to its competitors, the software is rated 4 - lower than the average Medical software cost.

Bottom line: SBS Financials cost is around the same cost of CollaborateMD.

Which software includes more/better features?

We've compared SBS Financials Vs. CollaborateMD based on some of the most important and required Medical features.

SBS Financials: Accounts Payable, Accounts Receivable, Billing & Invoicing, Project-Accounting, Purchase Orders, Payroll Tax Management, Fixed Asset Management, Expense Management.

CollaborateMD: Billing & Invoicing, Inventory Management, Appointment Management, E-Prescribing, HIPAA Compliant.

Target customer size

SBS Financials's typical customers include: SMBs, Customers of the software include medical businesses and practices of all sizes.