SAP Financials On Demand - Top 13 Alternatives

Shlomi LaviShlomi Lavi / updated: May 20, 2021

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Some of the main competitors for SAP Financials On Demand include Financialforce and Intacct.

Financialforce provides an ERP solution similar to SAP, with a cloud based financials module that includes core accounting; spend management, fixed assets accounting as well as revenue recognition to ensure business profitability. The product provides a collaboration platform which can be used to engage the sales & service departments on financial performance, and there are analytic tools to deliver financial reporting requirements. Additionally the product can also be accessed via mobile devices.

SAP Financials On Demand in comparison while similar in scope to Financialforce, also includes planning & forecasting tools with dashboards to analyze key financial KPIs. Additional options include financial risk & compliance, real estate lifecycle management as well as travel expense control. The product can be deployed as an on premise or cloud based model, with an option for hybrid deployment if required. It also utilizes the SAP HANA platform to improve application performance.

Then there is Intacct which provides another cloud based accounting solution. In addition to core accounting it also provides project accounting, time & expense management as well as inventory costing. Additionally there is an API to allow interconnection with other applications, as well as workflow automation which can be customized to meet financial flow requirements.

While SAP Financials On Demand includes workflows, it does not address project accounting as part of its core product. However the product does include shared services to streamline the provision of financial management services across different functional departments of an organization.

2021's Top SAP Financials On Demand Alternatives

Here are the top 4 alternatives to SAP Financials On Demand that are worth checking out: Denali Business for SMBs, MultiCHAX for large size business, Aplos Fund Accounting for growing companies, and BQE Core for startups and SMBs.

ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score ITQlick Score is a 1 to 100 score, based on pricing, and functionality Vs. alternative solutions
Pricing pricing Score is a 1 to 10 score, 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
Review
Compare
SAP
ITQlick rating
4.5/5
Score
89/100
Pricing
4.8/10
License pricing
Pricing not available
Functionality
15
Review
Best for SMBs
Denali
ITQlick rating
4.1/5
Score
93/100
Pricing
2.6/10
License pricing
$99 per month
Functionality
16
Review
Best for Enterprise
MultiCHAX
ITQlick rating
3.4/5
Score
92/100
Pricing
7/10
License pricing
$99 per license
Functionality
5
Growing
Aplos
ITQlick rating
4.4/5
Score
90/100
Pricing
3.6/10
License pricing
$29.50 per month
Functionality
3
Review
Compare
Free version
BQE
ITQlick rating
4.3/5
Score
80/100
Pricing
2.4/10
License pricing
$7.95 per user/month
Functionality
20
Review
Compare

1. Denali Business - Best for SMBs

Denali Business is an alternative Accounting & Finance software, Denali Business installed on-premises or used cloud based, SAP Financials On Demand can be used on the cloud. Denali Business, with a pricing score of 2.6 is considered less expensive to implement than SAP Financials On Demand with a score of 4.8.

Denali Business is rated 4.1 stars by ITQlick experts, both software products offer a good range of features (Denali offers 16 main features). compare head to head: Denali Business Vs SAP Financials On Demand

2. MultiCHAX - Best for Large Business

MultiCHAX is an alternative Accounting & Finance software, MultiCHAX installed on-premises, SAP Financials On Demand can be used on the cloud. MultiCHAX, with a pricing score of 7 is considered more expensive to implement than SAP Financials On Demand with a score of 4.8.

MultiCHAX is rated 3.4 stars by ITQlick experts, both software products offer a good range of features (MultiCHAX offers 5 main features). compare head to head: MultiCHAX Vs SAP Financials On Demand

3. Aplos Fund Accounting - Best for Growing Companies

Aplos Fund Accounting is an alternative Accounting & Finance software, Aplos Fund Accounting used on the cloud, SAP Financials On Demand can be used on the cloud. Aplos Fund Accounting, with a pricing score of 3.6 is considered less expensive to implement than SAP Financials On Demand with a score of 4.8.

Aplos Fund Accounting is rated 4.4 stars by ITQlick experts, both software products offer a good range of features (Aplos offers 3 main features). compare head to head: Aplos Fund Accounting Vs SAP Financials On Demand

4. BQE Core - Best for NO Budget or Start up Companies

BQE Core is an alternative Accounting & Finance software, BQE Core installed on-premises or used cloud based, SAP Financials On Demand can be used on the cloud. BQE Core, with a pricing score of 2.4 is considered less expensive to implement than SAP Financials On Demand with a score of 4.8.

BQE Core is rated 4.3 stars by ITQlick experts, both software products offer a good range of features (BQE offers 20 main features). compare head to head: BQE Core Vs SAP Financials On Demand

5. MoneyDesktop

MoneyDesktop is an alternative Accounting & Finance software, MoneyDesktop used on the cloud, SAP Financials On Demand can be used on the cloud. MoneyDesktop, with a pricing score of 5.2 is considered more expensive to implement than SAP Financials On Demand with a score of 4.8.

MoneyDesktop is rated 4.7 stars by ITQlick experts, both software products offer a good range of features (MoneyDesktop offers 4 main features). compare head to head: MoneyDesktop Vs SAP Financials On Demand

6. Intuit GoPayment

Intuit GoPayment is an alternative Accounting & Finance software, Intuit GoPayment used on the cloud, SAP Financials On Demand can be used on the cloud. Intuit GoPayment, with a pricing score of 6 is considered more expensive to implement than SAP Financials On Demand with a score of 4.8.

Intuit GoPayment is rated 3.2 stars by ITQlick experts, both software products offer a good range of features (Intuit offers 3 main features). compare head to head: Intuit GoPayment Vs SAP Financials On Demand

7. Alight Planning Enterprise

Alight Planning Enterprise is an alternative Accounting & Finance software, Alight Planning Enterprise installed on-premises or used cloud based, SAP Financials On Demand can be used on the cloud. Alight Planning Enterprise, with a pricing score of 5.8 is considered more expensive to implement than SAP Financials On Demand with a score of 4.8.

Alight Planning Enterprise is rated 3.9 stars by ITQlick experts, both software products offer a good range of features (Alight offers 19 main features). compare head to head: Alight Planning Enterprise Vs SAP Financials On Demand

8. Logisuite Financials

Logisuite Financials is an alternative Accounting & Finance software, Logisuite Financials installed on-premises, SAP Financials On Demand can be used on the cloud. Logisuite Financials, with a pricing score of 5.8 is considered more expensive to implement than SAP Financials On Demand with a score of 4.8.

Logisuite Financials is rated 3.7 stars by ITQlick experts, both software products offer a good range of features (Logisuite offers 5 main features). compare head to head: Logisuite Financials Vs SAP Financials On Demand

9. Canopus EpaySuite

Canopus EpaySuite is an alternative Accounting & Finance software, Canopus EpaySuite installed on-premises, SAP Financials On Demand can be used on the cloud. Canopus EpaySuite is considered same cost to implement (Pricing not available) as SAP Financials On Demand, both with a pricing score of 4.8.

Canopus EpaySuite is rated 3.1 stars by ITQlick experts, both software products offer a good range of features (Canopus offers 5 main features). compare head to head: Canopus EpaySuite Vs SAP Financials On Demand

10. 01 Transaction Pro Delete Wizard

01 Transaction Pro Delete Wizard is an alternative Accounting & Finance software, 01 Transaction Pro Delete Wizard installed on-premises, SAP Financials On Demand can be used on the cloud. 01 Transaction Pro Delete Wizard, with a pricing score of 5.8 is considered more expensive to implement than SAP Financials On Demand with a score of 4.8.

01 Transaction Pro Delete Wizard is rated 4.3 stars by ITQlick experts, both software products offer a good range of features (01 offers 5 main features). compare head to head: 01 Transaction Pro Delete Wizard Vs SAP Financials On Demand

11. Oracle Fusion Financial Management

Oracle Fusion Financial Management is an alternative Accounting & Finance software, Oracle Fusion Financial Management cloud, SAP Financials On Demand can be used on the cloud. Oracle Fusion Financial Management, with a pricing score of 5.8 is considered more expensive to implement than SAP Financials On Demand with a score of 4.8.

Oracle Fusion Financial Management is rated 3.6 stars by ITQlick experts, both software products offer a good range of features (Oracle offers 6 main features). compare head to head: Oracle Fusion Financial Management Vs SAP Financials On Demand

12. Buxfer

Buxfer is an alternative Accounting & Finance software, Buxfer cloud, SAP Financials On Demand can be used on the cloud. Buxfer, with a pricing score of 3.2 is considered less expensive to implement than SAP Financials On Demand with a score of 4.8.

Buxfer is rated 4.8 stars by ITQlick experts, both software products offer a good range of features (Buxfer offers 6 main features). compare head to head: Buxfer Vs SAP Financials On Demand

13. Yodlee MoneyCenter

Yodlee MoneyCenter is an alternative Accounting & Finance software, Yodlee MoneyCenter used on the cloud, SAP Financials On Demand can be used on the cloud. Yodlee MoneyCenter, with a pricing score of 6.2 is considered more expensive to implement than SAP Financials On Demand with a score of 4.8.

Yodlee MoneyCenter is rated 3.2 stars by ITQlick experts, both software products offer a good range of features (Yodlee offers 6 main features). compare head to head: Yodlee MoneyCenter Vs SAP Financials On Demand

Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.