Compare TheraNest and SBS Financials - Feb 2023

Shlomi LaviShlomi Lavi / Feb 27, 2023

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Bottom Line: Which is Better - TheraNest or SBS Financials?

SBS Financials is more expensive to implement (TCO) than TheraNest, and TheraNest is rated higher (90/100) than SBS Financials (79/100). TheraNest offers users more features (10) than SBS Financials (8). There is a clear winner in this case and it is TheraNest!

Looking for the right Mental Health 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:

TheraNest Vs. Software Business Systems (SBS)

TheraNest: TheraNest is a mental health and therapy notes software that is designed to help psychologists, psychotherapists, social workers and others in mental health manage and grow their practices and organizations. From health records, to notes, to payment processing, TheraNest makes managing your clients and business simple. It also has actionable re...

Software Business Systems (SBS): We provide financial accounting software for companies that want complete visibility of, and more control over, their financial operations. Our SBS Financials Suite offers enterprise accounting functionality whether you need on-premises or cloud accounting software. It's easy to learn and use. The built-in reporting tools generate real-time financ...

Who is more expensive? TheraNest or SBS Financials Software?

The real total cost of ownership (TCO) of Mental Health 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 TheraNest and SBS Financials Software.

TheraNest price starts at $39 per month , On a scale between 1 to 10 TheraNest is rated 2, which is much lower than the average cost of Mental Health software. SBS Financials Software accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 TheraNest is rated 2, which is much lower than the average cost of Mental Health software.

Bottom line: SBS Financials Software is more expensive than TheraNest.

Which software includes more/better features?

We've compared TheraNest Vs. SBS Financials based on some of the most important and required Mental Health features.

TheraNest: Billing & Invoicing, Document Management, Time Tracking, Scheduling, EDI, Appointment Management, Charting, Patient portal.

SBS Financials Software: Accounts Payable, Accounts Receivable, Billing & Invoicing, Project-Accounting, Purchase Orders.

Target customer size

TheraNest Mental Health software serves mental health professionals across a variety of industries, including counseling, psychology, psychiatry, social work, and behavioral health. and SBS Financials Software's target customer size include: SMBs.

TheraNest

ITQlick rating
(4.5/5)

starts at $39 per month

TheraNest is a HIPAA compliant web-based mental health software that is designed for use by solo practitioners, large mental health practices, and nonprofit organizations.

Categories: Billing & Invoicing, Payment Processing, Recurring invoicing, Residential Remodeling Estimating.

SBS Financials

ITQlick rating
(4.5/5)

SBS Healthcare Software is a web-based solution for physician practices that offers customised solutions to help reduce physician practice related challenges and expenses. Since the physician practices deploy E...

Categories: Accounting & Finance, Fixed Asset Management, Recurring Billing, Billing & Invoicing, Budgeting & CPM.

Compare specifications

Compare features

TheraNest: 10 Features

Billing & Invoicing
Document Management
Time Tracking
Scheduling
EDI
Appointment Management
Charting
Patient portal
Voice Recognition
Medical

SBS Financials Software: 8 Features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Project-Accounting
Purchase Orders
Payroll Tax Management
Fixed Asset Management
Expense 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
TheraNest
ITQlick rating
4.5/5
Score
90/100
Pricing
2/10
License pricing
$39 per month
Functionality
52
Compare
SBS Fina...
ITQlick rating
4.5/5
Score
79/100
Pricing
4/10
License pricing
Pricing not available
Functionality
24
Valant E...
ITQlick rating
3.9/5
Score
92/100
Pricing
2.2/10
License pricing
$135 per month
Functionality
25
CharityTracker
ITQlick rating
4.5/5
Score
92/100
Pricing
6/10
License pricing
$20 per user/month
Functionality
3
Lauris O...
ITQlick rating
4.1/5
Score
92/100
Pricing
3.4/10
License pricing
Pricing not available
Functionality
3

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.