Compare TRAVERSE and MultiCHAX - Mar 2022

Shlomi Lavi

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Bottom Line: Which is Better - TRAVERSE or MultiCHAX?

MultiCHAX is more expensive to implement (TCO) than TRAVERSE, and MultiCHAX is rated higher (92/100) than TRAVERSE (77/100). TRAVERSE offers users more features (20) than MultiCHAX (3).

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. Chax, Inc.

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 ...

Chax, Inc.: CHAX®: The most cost-effective check by phone, check by fax, and check by internet system available. Checks by phone, fax, or e-mail software allows you to enter your customer's check information, print the information on a blank check form, and deposit the check to any U.S. bank for deposit the same day. Now, collecting payments by check has ne...

Who is more expensive? TRAVERSE or MultiCHAX?

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 MultiCHAX.

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. MultiCHAX price starts at $99 per license , When comparing MultiCHAX to its competitors, the software is rated 6 - similar to the average Core Accounting software cost.

Bottom line: TRAVERSE cost is around the same cost of MultiCHAX.

Which software includes more/better features?

We've compared TRAVERSE Vs. MultiCHAX 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.

MultiCHAX: Data Import/Export, Basic Reports, Online Customer Support.

Target customer size

Traverse is best for small to large sized businesses and enterprises. Customers of the software mainly include small and medium businesses with backgrounds in various major industries.