Compare XLReporting and True Sky - Jan 2023

Shlomi Lavi

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

XLReporting is more expensive to implement (TCO) than True Sky, and True Sky is rated higher (82/100) than XLReporting (80/100). True Sky offers users more features (9) than XLReporting (5). 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:

XLReporting Vs. True Sky

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...

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...

Who is more expensive? XLReporting or True Sky?

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 True Sky.

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. True Sky 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: XLReporting cost is around the same cost of True Sky.

Which software includes more/better features?

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

XLReporting: Version Control, Budgeting & Forecasting, Financial reporting, Capital Asset Planning, Forecasting.

True Sky: Version Control, Project Budgeting, "What If" Scenarios, Capital Asset Planning, Forecasting.

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. and True Sky's target customer size include: Small, medium and large size businesses.