Compare Stripe and SAP Financials On Demand - Mar 2022

Shlomi LaviShlomi Lavi / Mar 14, 2022

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

SAP Financials On Demand is more expensive to implement (TCO) than Stripe, and Stripe is rated higher (91/100) than SAP Financials On Demand (89/100). Stripe offers users more features (4) than SAP Financials On Demand (3). There is a clear winner in this case and it is Stripe!

Looking for the right Payment Processing 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:

Stripe Vs. SAP

Stripe: Stripe is a simple, developer-friendly way to accept payments online. We believe that enabling transactions on the web is a problem rooted in code, not finance, and we want to help put more websites in business. Complexity and opacity have traditionally been hallmarks of online payment processing. We want to fix that.

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...

Who is more expensive? Stripe or SAP Financials On Demand?

The real total cost of ownership (TCO) of Payment Processing 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 Stripe and SAP Financials On Demand.

Stripe price starts at $500 per license , On a scale between 1 to 10 Stripe is rated 4, which is lower than the average cost of Payment Processing software. 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 Stripe is rated 4, which is lower than the average cost of Payment Processing software.

Bottom line: Stripe cost is around the same cost of SAP Financials On Demand.

Which software includes more/better features?

We've compared Stripe Vs. SAP Financials On Demand based on some of the most important and required Payment Processing features.

Stripe: Basic Reports, Data Import/Export, Online Customer Support, Multiple Payment Forms.

SAP Financials On Demand: Cash Flow, Cash flow/cash budget, Real Time Comparisons.

Target customer size

Customers of the software include businesses of all sizes without any distinction of industry. Financials OnDemand has been designed to target medium and large businesses and is primarily focused on the Finance departments in these organizations.



Stripe

ITQlick rating
(4.7/5)

starts at $500 per license

Stripe is a payment processing and business analytics solution for businesses of all sizes. It also offers various development options for the implementation of online payments. The software was designe...

Categories: Payment Processing, Recurring invoicing, Software update, Retail & POS.

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, Fixed Asset Accounting.

Compare specifications

Compare features

Stripe: 4 Features

Basic Reports
Data Import/Export
Online Customer Support
Multiple Payment Forms

SAP Financials On Demand: 3 Features

Cash Flow
Cash flow/cash budget
Real Time Comparisons
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
Stripe
ITQlick rating
4.7/5
Score
91/100
Pricing
4/10
License pricing
$500 per license
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12
Review
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Pricing not available
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6
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.