Shlomi Lavi /
Oct 12, 2022
We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .
Bottom Line: Which is Better - SFP WORKS or TaxWise?
SFP WORKS is more expensive to implement (TCO) than TaxWise, and TaxWise is rated higher (85/100) than SFP WORKS (70/100). TaxWise offers users more features (7) than SFP WORKS (3). There is a clear winner in this case and it is TaxWise!
Looking for the right Business tax 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:
Swift Financial Partners Vs. CCH Small Firm Services.
Swift Financial Partners: Swift Financial Partners is a management consulting firm specializing in all tiers of the Income Tax Preparation Industry with a current portfolio of 150 small and mid-size tax companies nationwide. Our unique business model combines unparalleled experience, technological innovation, and marketing concepts across all functions of your tax business....
CCH Small Firm Services.: At CCH Small Firm Services, we focus on the needs of small tax and accounting firms—businesses that generally have five or fewer employees. We also serve commercial tax preparers, with one office or sometimes hundreds of offices, who offer tax services in a retail environment similar to well-known national tax chains. And for 11 years, SFS has prov...
Who is more expensive? SFP WORKS or TaxWise?
The real total cost of ownership (TCO) of Business tax 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 SFP WORKS and TaxWise.
SFP WORKS price starts at $899 per license , On a scale between 1 to 10 SFP WORKS is rated 6, which is similar to the average cost of Business tax software. TaxWise price starts at $2,575 per license , When comparing TaxWise to its competitors, the software is rated 4 - lower than the average Business tax software cost.
Bottom line: SFP WORKS is more expensive than TaxWise.
Which software includes more/better features?
We've compared SFP WORKS Vs. TaxWise based on some of the most important and required Business tax features.
SFP WORKS: Data Import/Export, Basic Reports, Online Customer Support.
TaxWise: Estate/Trust/Retirement, Income Tax Prep, Investment and Rental Property, Limited Liability Company (LLC), Partnership.
Target customer size
SFP WORKS's typical customers include: Large business, Taxwise is suitable both for companies with complex taxing processes, mainly multi-branch enterprises, as well as smaller scale companies that need a fast accounting solution that addresses their needs.