Compare True Sky and ABCosting - Jul 2022

Shlomi LaviShlomi Lavi / Jul 14, 2022

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .

Bottom Line: Which is Better - True Sky or ABCosting?

ABCosting is more expensive to implement (TCO) than True Sky, and True Sky is rated higher (82/100) than ABCosting (62/100). True Sky offers users more features (9) than ABCosting (3). There is a clear winner in this case and it is True Sky!

Looking for the right Budgeting & CPM 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:

True Sky Vs. MyABCM

True Sky: True Sky CPM software simplifies the budgeting and forecasting process by providing real-time access to information, increased process control, tight security and great accuracy, helping the CFO: Align strategies and priorities Meet financial targets Adjust rapidly to market changes Avoid surprises Today, True Sky is helping companies cut th...

MyABCM: MyABCM is a global Performance Management solution provider with customers of all sizes across many industries, from a local implementation for a specific department to a global implementation for multinational operations.

Who is more expensive? True Sky or ABCosting?

The real total cost of ownership (TCO) of Budgeting & CPM 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 True Sky and ABCosting.

True Sky accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 True Sky is rated 2, which is much lower than the average cost of Budgeting & CPM software. ABCosting accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 True Sky is rated 2, which is much lower than the average cost of Budgeting & CPM software.

Bottom line: ABCosting is more expensive than True Sky.

Which software includes more/better features?

We've compared True Sky Vs. ABCosting based on some of the most important and required Budgeting & CPM features.

True Sky: Version Control, Project Budgeting, "What If" Scenarios, Capital Asset Planning, Forecasting, Income Statements, Multi-Department / Project, Profit / Loss Statement.

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

Target customer size

True Sky's typical customers include: Small, medium and large size businesses, Customers of the software include businesses of all sizes hailing from a variety of industries.



True Sky

ITQlick rating
(2.8/5)

True Sky is a cloud-based budgeting & CPM Software that enables managers to draw information for decision-making from a central data pool and determine approval flow throughout the hierarchy.

Categories: Budgeting & CPM, Financial consolidation, Capital Program Management, General Contractor.

ABCosting

ITQlick rating
(3.1/5)

MyABCM is a strategic cost and performance management solution for businesses of all sizes. It offers such services as profitability analysis, scenarios building, capacity analysis, and others. The softw...

Categories: Core Accounting.

Compare specifications

Compare features

True Sky: 9 Features

Version Control
Project Budgeting
"What If" Scenarios
Capital Asset Planning
Forecasting
Income Statements
Multi-Department / Project
Profit / Loss Statement
Budgeting & CPM

ABCosting: 3 Features

Data Import/Export
Basic Reports
Online Customer Support
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
True Sky
ITQlick rating
2.8/5
Score
82/100
Pricing
2.6/10
License pricing
Pricing not available
Functionality
14
Compare
ABCosting
ITQlick rating
3.1/5
Score
62/100
Pricing
4.8/10
License pricing
Pricing not available
Functionality
4
Workday ...
ITQlick rating
4.5/5
Score
94/100
Pricing
8/10
License pricing
$15,000 per license
Functionality
28
neubrain...
ITQlick rating
3.8/5
Score
92/100
Pricing
4/10
License pricing
$10,000 per license
Functionality
17
Budgyt
ITQlick rating
4.9/5
Score
89/100
Pricing
3/10
License pricing
$399 per month
Functionality
3
Review

Auditor - Shlomi Lavi

Website Linkedin profile Facebook Twitter

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.