Shlomi Lavi /
Nov 22, 2022
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Bottom Line: Which is Better - Tagetik 4-0 or Entropy?
Tagetik 4-0 is more expensive to implement (TCO) than Entropy, and Tagetik 4-0 is rated higher (85/100) than Entropy (71/100). Tagetik 4-0 offers users more features (14) than Entropy (0).
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. BSI
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.
BSI: BSI is the business standards company that helps 70,000 clients worldwide adopt standards of best practice and turn them into habits of excellence. With close to 3,000 employees globally we understand the challenges organizations face and our people have the skills to recognize where and how continual excellence can be achieved. Since 1901 we’ve he...
Who is more expensive? Tagetik 4-0 or Entropy?
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 Entropy.
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. Entropy accurate pricing info is available upon request (they don't share it publicly), however , 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.
Bottom line: Tagetik 4-0 is more expensive than Entropy.
Which software includes more/better features?
We've compared Tagetik 4-0 Vs. Entropy 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.
Entropy: We are still working to collect the list of features for Entropy.
Target customer size
Tagetik 4 is suitable for businesses of all sizes, but it is most widely used by large companies and enterprises. The software is a useful product for businesses of all sizes and a wide range of types.