Shlomi Lavi /
Nov 22, 2022
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Bottom Line: Which is Better - Tagetik 4-0 or Steelwedge?
Tagetik 4-0 is more expensive to implement (TCO) than Steelwedge, and Tagetik 4-0 is rated higher (85/100) than Steelwedge (77/100). Tagetik 4-0 offers users more features (14) than Steelwedge (2).
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. Steelwedge Software, Inc.
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.
Steelwedge Software, Inc.: Founded in 2000, Steelwedge supercharges Sales and Operations Planning (S&OP) and Integrated Business Planning (IBP) with the power of automated collaboration and analytics. Executives depend on Steelwedge to understand fluctuating demand, balance sales and capacity trade-offs, connect S&OP with financial planning, and measure performance against s...
Who is more expensive? Tagetik 4-0 or Steelwedge?
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 Steelwedge.
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. Steelwedge 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 Steelwedge.
Which software includes more/better features?
We've compared Tagetik 4-0 Vs. Steelwedge 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.
Steelwedge: Business Performance Optimization, Business performance management.
Target customer size
Tagetik 4 is suitable for businesses of all sizes, but it is most widely used by large companies and enterprises. Customers of the software include small and medium businesses as well as large enterprises.