Shlomi Lavi /
Oct 01, 2022
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Bottom Line: Which is Better - TRAVERSE or FinancialForce Accounting?
TRAVERSE is more expensive to implement (TCO) than FinancialForce Accounting, and FinancialForce Accounting is rated higher (80/100) than TRAVERSE (77/100). TRAVERSE offers users more features (20) than FinancialForce Accounting (14).
Looking for the right Core Accounting 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:
Open Systems, Inc. Vs. Financial Force
Open Systems, Inc.: For over 35 years, Open Systems has collaborated with partners, consultants, and developers to deliver adaptable solutions. Together, our reselling partners, dedicated support staff, and enthusiastic employees stand ready to help you achieve your goals.With adaptable solutions, friendly service, extensive experience, and an ever-present eye on new ...
Financial Force: FinancialForce.com is the cloud applications company. We focus 100% on building business applications for Force.com, the world’s leading cloud computing platform from salesforce.com. Our applications include Accounting, Billing, Professional Services Automation (PSA) and Services Resource Planning (SRP). We serve fast-growing organizations as well...
Who is more expensive? TRAVERSE or FinancialForce Accounting?
The real total cost of ownership (TCO) of Core Accounting 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 TRAVERSE and FinancialForce Accounting.
TRAVERSE price starts at $1,200 per license , On a scale between 1 to 10 TRAVERSE is rated 6, which is similar to the average cost of Core Accounting software. FinancialForce Accounting price starts at $9,000 per year , When comparing FinancialForce Accounting to its competitors, the software is rated 4 - lower than the average Core Accounting software cost.
Bottom line: TRAVERSE is more expensive than FinancialForce Accounting.
Which software includes more/better features?
We've compared TRAVERSE Vs. FinancialForce Accounting based on some of the most important and required Core Accounting features.
TRAVERSE: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Cash Flow, Fixed-Assets, General-Ledger, P&L Statement.
FinancialForce Accounting: Accounts Payable, Accounts Receivable, Audit Trail, Billing & Invoicing, Budgeting & Forecasting.
Target customer size
Traverse is best for small to large sized businesses and enterprises. FinancialForce Accounting is perfect for companies of all sizes, starting from small businesses to large multi-national enterprises.