Compare Tagetik 4-0 and monday.com - Feb 2023

Shlomi LaviShlomi Lavi / Feb 28, 2023

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Bottom Line: Which is Better - Tagetik 4-0 or monday.com?

Tagetik 4-0 is more expensive to implement (TCO) than monday.com, and monday.com is rated higher (98/100) than Tagetik 4-0 (85/100). monday.com offers users more features (35) than Tagetik 4-0 (14). There is a clear winner in this case and it is monday.com!

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. monday.com

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.

monday.com: Founded in 2012 and launched as an independent startup in February 2014, monday.com is a tool that transforms the way teams work together. Our mission is to help teams build a culture of transparency, empowering everyone to achieve more and be happier at work. We're obsessed with building an excellent product, and our goal is to create a tool that ...

Who is more expensive? Tagetik 4-0 or monday.com?

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 monday.com.

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. monday.com price starts at $10 per seat/month , When comparing monday.com to its competitors, the software is rated 4 - lower than the average Business performance management software cost.

Bottom line: Tagetik 4-0 is more expensive than monday.com.

Which software includes more/better features?

We've compared Tagetik 4-0 Vs. monday.com 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.

monday.com: Basic Reports, Chat, Customizable Categories, Dashboard, HR Analytics.

Target customer size

Tagetik 4 is suitable for businesses of all sizes, but it is most widely used by large companies and enterprises.

Monday.

Tagetik 4-0

ITQlick rating
(4.3/5)

starts at $50,000 per feature

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...

Categories: Budgeting & CPM, Financial reporting, Financial consolidation, Payroll Accounting.

monday.com

ITQlick rating
(4.7/5)

starts at $10 per seat/month

monday.com is both a cloud-based as well as an on-premise software solution that was developed mainly to assist in project and team management. The software fosters team collaboration as it connects and allows ...

Categories: Fixed Asset Management, Budgeting & CPM, Strategic Planning, Business performance management, Performance Management.

Compare specifications

Compare features

Tagetik 4-0: 14 Features

Audit Trail
Balance Sheet
Billing & Invoicing
Budgeting & Forecasting
Cash Flow
Credit Card Processing
Depreciation
Fund-Accounting
General-Ledger
P&L Statement
Project-Accounting
Purchase Orders
Sales Reporting
Time & Expense

monday.com: 35 Features

Basic Reports
Chat
Customizable Categories
Dashboard
HR Analytics
Human Resources
Employee Onboarding
Workforce Management
Agile Project Management
Budget & Expense Management
Collaboration
Project Management
Resource Management
Task Management
Project Management
Project Collaboration
Project Planning
Project Portfolio Management
Dashboarding
Budgeting & CPM
Customer Service
Customer Relationship Management
Contract Management
Equipment Management
Project Management
Service Management
Lead Management
Expense Management
Categorizing
Collaboration Center
Team Collaboration
Lifecycle Management
Process Analysis
Business Process
IT Management
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
Tagetik ...
ITQlick rating
4.3/5
Score
85/100
Pricing
10/10
License pricing
$50,000 per feature
Functionality
29
Compare
monday.c...
ITQlick rating
4.7/5
Score
98/100
Pricing
4/10
License pricing
$10 per seat/month
Functionality
92
Oracle H...
ITQlick rating
4/5
Score
91/100
Pricing
4.2/10
License pricing
$9,995 per license
Functionality
14
Anaplan
ITQlick rating
4.4/5
Score
89/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
24
Planning...
ITQlick rating
4/5
Score
87/100
Pricing
6.4/10
License pricing
$10,000 per year
Functionality
29

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.