Compare Yellowfin BI and Balanced Scorecard - Feb 2023

Shlomi Lavi

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Bottom Line: Which is Better - Yellowfin BI or Balanced Scorecard?

Balanced Scorecard is more expensive to implement (TCO) than Yellowfin BI, and Balanced Scorecard is rated higher (92/100) than Yellowfin BI (79/100). Yellowfin BI offers users more features (11) than Balanced Scorecard (6).

Looking for the right Business Intelligence 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:

Yellowfin Vs. MGI Solution

Yellowfin: At Yellowfin, we are passionate about making Business Intelligence easy. And by easy, we mean easy for everyone. Yellowfin has been developed to satisfy a range of BI needs, from small businesses, to massive enterprise deployments and software vendors. Yellowfin is not the result of some academic pursuit; BI professionals designed it. The cataly...

MGI Solution: MGI Solutions is a management consulting and custom software development firm specializing in corporate performance management (CPM) solutions. The company was founded byTony Ciotti in 1994 to consult high net worth investors on private equity investments and to consult growth companies on capital formation, corporate financial strategies, merg...

Who is more expensive? Yellowfin BI or Balanced Scorecard?

The real total cost of ownership (TCO) of Business Intelligence 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 Yellowfin BI and Balanced Scorecard.

Yellowfin BI price starts at $30 per user/month , On a scale between 1 to 10 Yellowfin Business Intelligence is rated 2, which is much lower than the average cost of Business Intelligence software. Balanced Scorecard price starts at $125 per user/month , When comparing Balanced Scorecard to its competitors, the software is rated 8 - higher than the average Business Intelligence software cost.

Bottom line: Balanced Scorecard is more expensive than Yellowfin BI.

Which software includes more/better features?

We've compared Yellowfin BI Vs. Balanced Scorecard based on some of the most important and required Business Intelligence features.

Yellowfin BI: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Ad-Hoc Analysis, Ad-Hoc Reporting, Customizable Dashboard, Customizable Features, Dashboarding, Forecasting & Budgeting, Issue Indicators, Performance Measurements.

Balanced Scorecard: Basic Reports, Dashboard, Data Import/Export, Online Customer Support, Data analysis.

Target customer size

Yellowfin was designed to meet the needs of companies of all sizes. Customers of the software include small and medium businesses from a variety of industries.