Shlomi Lavi /
Jan 01, 2023
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Bottom Line: Which is Better - Tagetik 4-0 or Procore?
Tagetik 4-0 is more expensive to implement (TCO) than Procore, and Procore is rated higher (99/100) than Tagetik 4-0 (85/100). Procore offers users more features (17) than Tagetik 4-0 (14). There is a clear winner in this case and it is Procore!
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. Procore
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.
Procore: People like to use Procore. That’s a simple statement, and it might not seem obvious to you yet. But what if your organization buys construction project management software, and your project team doesn’t want to use it? What happens if the software actually makes things worse?
Who is more expensive? Tagetik 4-0 or Procore?
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 Procore.
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. Procore price starts at $667 per month , When comparing Procore to its competitors, the software is rated 2 - much lower than the average Business performance management software cost.
Bottom line: Tagetik 4-0 is more expensive than Procore.
Which software includes more/better features?
We've compared Tagetik 4-0 Vs. Procore 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.
Procore: Document Management, Issue Tracking, Project Management, Scheduling, Mobile Access.
Target customer size
Tagetik 4 is suitable for businesses of all sizes, but it is most widely used by large companies and enterprises. Procore is excellent for mid-sized and enterprise degree building business.