Shlomi Lavi /
Nov 22, 2022
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Bottom Line: Which is Better - Tagetik 4-0 or Planning Maestro?
Tagetik 4-0 is more expensive to implement (TCO) than Planning Maestro, and Planning Maestro is rated higher (87/100) than Tagetik 4-0 (85/100). Planning Maestro offers users more features (15) than Tagetik 4-0 (14). There is a clear winner in this case and it is Planning Maestro!
Looking for the right Business performance management 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:
Tagetik Vs. Centage Corporation
Tagetik : Founded in 1986, Tagetik is a trusted provider of Corporate Performance Management and Business Intelligence software for budgeting, forecasting, financial consolidation, close, reporting, disclosure and more. Tagetik is one of the fastest growing global software companies in the Performance Management software industry.
Centage Corporation: Centage Corporation is the world leader in automated, budgeting and planning software solutions for small to medium-sized organizations. Since 2001, thousands of managers at all levels have utilized the Budget Maestro family of solutions to streamline their budgeting, forecasting, financial consolidation, performance analysis, and reporting process...
Who is more expensive? Tagetik 4-0 or Budget Maestro?
The real total cost of ownership (TCO) of Business performance management 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 Tagetik 4-0 and Budget Maestro.
Tagetik 4-0 price starts at $50,000 per feature , On a scale between 1 to 10 Tagetik 4-0 is rated 10, which is much higher than the average cost of Business performance management software. Budget Maestro price starts at $10,000 per year , When comparing Budget Maestro to its competitors, the software is rated 6 - similar to the average Business performance management software cost.
Bottom line: Tagetik 4-0 is more expensive than Budget Maestro.
Which software includes more/better features?
We've compared Tagetik 4-0 Vs. Planning Maestro based on some of the most important and required Business performance management features.
Tagetik 4-0: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Audit Trail, Balance Sheet, Billing & Invoicing, Budgeting & Forecasting, Cash Flow, Credit Card Processing, Depreciation, Fund-Accounting.
Budget Maestro: Accounts Payable, Accounts Receivable, Budgeting & Forecasting, Cash Flow, Credit Card Processing.
Target customer size
Tagetik 4 is suitable for businesses of all sizes, but it is most widely used by large companies and enterprises. Planning Maestro was developed to serve many kinds of industries, from public to private, startups to mature and from family-owned operations to Fortune 500 organizations.