Compare Simple Home Budget and True Sky - Nov 2022

Shlomi LaviShlomi Lavi / Nov 23, 2022

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Bottom Line: Which is Better - Simple Home Budget or True Sky?

Simple Home Budget is more expensive to implement (TCO) than True Sky, and True Sky is rated higher (82/100) than Simple Home Budget (62/100). True Sky offers users more features (9) than Simple Home Budget (5). There is a clear winner in this case and it is True Sky!

Looking for the right Budgeting & CPM 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:

Simple Home Budget Vs. True Sky

Simple Home Budget: Home Budget Software is easy to use money manager for home, small business, freelancers, non-profit or charity organizations. It offers carefully selected features to manage your finances in simple, fast and effective way.

True Sky: True Sky CPM software simplifies the budgeting and forecasting process by providing real-time access to information, increased process control, tight security and great accuracy, helping the CFO: Align strategies and priorities Meet financial targets Adjust rapidly to market changes Avoid surprises Today, True Sky is helping companies cut th...

Who is more expensive? Simple Home Budget or True Sky?

The real total cost of ownership (TCO) of Budgeting & CPM 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 Simple Home Budget and True Sky.

Simple Home Budget price starts at $29.95 per license , On a scale between 1 to 10 Simple Home Budget is rated 6, which is similar to the average cost of Budgeting & CPM software. True Sky accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Simple Home Budget is rated 6, which is similar to the average cost of Budgeting & CPM software.

Bottom line: Simple Home Budget is more expensive than True Sky.

Which software includes more/better features?

We've compared Simple Home Budget Vs. True Sky based on some of the most important and required Budgeting & CPM features.

Simple Home Budget: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fund-Accounting.

True Sky: Version Control, Project Budgeting, "What If" Scenarios, Capital Asset Planning, Forecasting.

Target customer size

Like the name implies, Simple Home Budget was developed to help people at home better manage their money. and True Sky's target customer size include: Small, medium and large size businesses.



Simple Home Budget

ITQlick rating
(3.9/5)

starts at $29.95 per license

Simple Home Budget is an easy to use software to help average Joes manage their finances. It was developed to help you see exactly where you are with respect to your personal finances so you can plan your expen...

Categories: Core Accounting, Budgeting & CPM.

True Sky

ITQlick rating
(2.8/5)

True Sky is a cloud-based budgeting & CPM Software that enables managers to draw information for decision-making from a central data pool and determine approval flow throughout the hierarchy.

Categories: Budgeting & CPM, Financial consolidation, Capital Program Management, General Contractor, Project Forecasting.

Compare specifications

Compare features

Simple Home Budget: 5 Features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Fund-Accounting

True Sky: 9 Features

Version Control
Project Budgeting
"What If" Scenarios
Capital Asset Planning
Forecasting
Income Statements
Multi-Department / Project
Profit / Loss Statement
Budgeting & CPM
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
Simple H...
ITQlick rating
3.9/5
Score
62/100
Pricing
6.8/10
License pricing
$29.95 per license
Functionality
7
Compare
True Sky
ITQlick rating
2.8/5
Score
82/100
Pricing
2.6/10
License pricing
Pricing not available
Functionality
14
Workday ...
ITQlick rating
4.5/5
Score
94/100
Pricing
8/10
License pricing
$15,000 per license
Functionality
28
neubrain...
ITQlick rating
3.8/5
Score
92/100
Pricing
4/10
License pricing
$10,000 per license
Functionality
17
Budgyt
ITQlick rating
4.9/5
Score
89/100
Pricing
3/10
License pricing
$399 per month
Functionality
3
Review

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.