Shlomi Lavi /
Mar 04, 2022
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Bottom Line: Which is Better - TRAVERSE or SAP Financials On Demand?
TRAVERSE is more expensive to implement (TCO) than SAP Financials On Demand, and SAP Financials On Demand is rated higher (89/100) than TRAVERSE (77/100). TRAVERSE offers users more features (20) than SAP Financials On Demand (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. SAP
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 ...
SAP: SAP ® AG is German software corporation that makes enterprise software to manage business operations and customer relations. SAP ® is the market leader in enterprise application software. The company's best-known software products are its enterprise resource planning application (SAP ® ERP), its enterpr...
Who is more expensive? TRAVERSE or SAP Financials On Demand?
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 SAP Financials On Demand.
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. SAP Financials On Demand accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 TRAVERSE is rated 6, which is similar to the average cost of Core Accounting software.
Bottom line: TRAVERSE is more expensive than SAP Financials On Demand.
Which software includes more/better features?
We've compared TRAVERSE Vs. SAP Financials On Demand 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.
SAP Financials On Demand: Cash Flow, Cash flow/cash budget, Real Time Comparisons.
Target customer size
Traverse is best for small to large sized businesses and enterprises. Financials OnDemand has been designed to target medium and large businesses and is primarily focused on the Finance departments in these organizations.