Shlomi Lavi /
Apr 12, 2022
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Bottom Line: Which is Better - TRAVERSE or Intacct Financial?
Intacct Financial is more expensive to implement (TCO) than TRAVERSE, and Intacct Financial is rated higher (89/100) than TRAVERSE (77/100). TRAVERSE offers users more features (20) than Intacct Financial (8).
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. Intacct Corporation
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 ...
Intacct Corporation: Intacct is the cloud financial management company. Bringing cloud computing to finance and accounting, Intacct’s award-winning applications are the preferred financial applications for AICPA business solutions. Intacct applications are used by more than 6,000 businesses from startups to public companies and are designed to improve company performan...
Who is more expensive? TRAVERSE or Sage Intacct?
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 Sage Intacct.
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. Sage Intacct price starts at $15,000 per year , When comparing Sage Intacct 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 Sage Intacct.
Which software includes more/better features?
We've compared TRAVERSE Vs. Intacct Financial 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.
Sage Intacct: Accounts Payable, Accounts Receivable, Cash Flow, Multi-Currency, Project-Accounting.
Target customer size
Traverse is best for small to large sized businesses and enterprises. Intacct Financial Management extends support to small and medium sized companies.