Shlomi Lavi /
Apr 30, 2022
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Bottom Line: Which is Better - Teramind Business or NexusPayables?
Teramind Business is more expensive to implement (TCO) than NexusPayables, and NexusPayables is rated higher (85/100) than Teramind Business (62/100). NexusPayables offers users more features (1) than Teramind Business (0). There is a clear winner in this case and it is NexusPayables!
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:
Teramind Vs. Nexus system
Teramind: Teramind is a unique employee monitoring platform that’s built on a highly-scalable and modern architecture. Our customers are very diverse, from micro-companies with ten employees, to two-thousand-user enterprises. We provide our platform in two ways: Cloud or On-premises. The features of both deployment options are identical, and there is only on...
Nexus system: NexusPayables is your single software solution to streamline and manage the entire accounts payables process from purchase to payment. By design, the NexusPayables product is a web-based software that automates the traditionally paper intensive AP process and is recognized as the best-in-class paperless solution due to its mature functionality and ...
Who is more expensive? Teramind Business or NexusPayables?
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 Teramind Business and NexusPayables.
Teramind Business price starts at $8.92 per user/month , On a scale between 1 to 10 Teramind Business is rated 4, which is lower than the average cost of Business performance management software. NexusPayables price starts at $750 per year , When comparing NexusPayables to its competitors, the software is rated 2 - much lower than the average Business performance management software cost.
Bottom line: Teramind Business is more expensive than NexusPayables.
Which software includes more/better features?
We've compared Teramind Business Vs. NexusPayables based on some of the most important and required Business performance management features.
Teramind Business: We are still working to collect the list of features for Teramind Business.
NexusPayables: Accounts Payable.
Target customer size
Teramind Business's typical customers include: Start up, Small business, Medium business, Large business, Private use, and NexusPayables's target customer size include: Small, medium and large size businesses.