Shlomi Lavi /
Jan 26, 2023
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Bottom Line: Which is Better - XLReporting or BudgetGuide?
BudgetGuide is more expensive to implement (TCO) than XLReporting, and XLReporting is rated higher (80/100) than BudgetGuide (54/100). Both tools offer the same amount of features.
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:
XLReporting Vs. Acteon Technologies
XLReporting: We are a small team of finance and IT experts, specialized in financial reporting and planning processes.
Lots of companies depend on complex and fragile Excel solutions for their reporting, consolidation, and budgeting. We help our clients to move away from that by providing them with powerful, flexible, and robust solutions.
We developed XLRep...
Acteon Technologies: Acteon Technologies was founded in 2002 with the charter to deliver a better budgeting solution to emerging and middle-market companies. Frustrated by the limitation of spreadsheets and the complexity and high price of existing budgeting products, CPA and former CFO, Chris Lorch envisioned the ideal budgeting solution.
Who is more expensive? XLReporting or BudgetGuide?
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 XLReporting and BudgetGuide.
XLReporting price starts at $240 per month , On a scale between 1 to 10 XLReporting is rated 2, which is much lower than the average cost of Budgeting & CPM software. BudgetGuide accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 XLReporting is rated 2, which is much lower than the average cost of Budgeting & CPM software.
Bottom line: BudgetGuide is more expensive than XLReporting.
Which software includes more/better features?
We've compared XLReporting Vs. BudgetGuide based on some of the most important and required Budgeting & CPM features.
XLReporting: Version Control, Budgeting & Forecasting, Financial reporting, Capital Asset Planning, Forecasting.
BudgetGuide: "What If" Scenarios, Expenditure budget, For Service Organisations, Graphical Data Presentation, Profit / Loss Statement.
Target customer size
The typical clients utilizing XLReporting are those belonging to the small (with 10 – 100 employees) to medium-sized (with 100 to 1,000 employees) enterprises that make use of the services offered by the IT sector, data hosting and other related information services, particularly in the field of visual analytics and business intelligence. The software is extensive enough to meet the financial and budgeting needs of all business sizes.