Shlomi Lavi /
Jan 26, 2023
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Bottom Line: Which is Better - XLReporting or Simple Home Budget?
Simple Home Budget is more expensive to implement (TCO) than XLReporting, and XLReporting is rated higher (80/100) than Simple Home Budget (62/100). 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. Simple Home Budget
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...
Simple Home Budget: Home Budget Software is easy to use money manager for home, small business, freelancers, non-profit or charity organizations. It offers carefully selected features to manage your finances in simple, fast and effective way.
Who is more expensive? XLReporting or Simple Home Budget?
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 Simple Home Budget.
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. Simple Home Budget price starts at $29.95 per license , When comparing Simple Home Budget to its competitors, the software is rated 6 - similar to the average Budgeting & CPM software cost.
Bottom line: Simple Home Budget is more expensive than XLReporting.
Which software includes more/better features?
We've compared XLReporting Vs. Simple Home Budget based on some of the most important and required Budgeting & CPM features.
XLReporting: Version Control, Budgeting & Forecasting, Financial reporting, Capital Asset Planning, Forecasting.
Simple Home Budget: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fund-Accounting.
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. Like the name implies, Simple Home Budget was developed to help people at home better manage their money.