SAP Financials On Demand - Top Competitors (Mar 2022)

SAP Financials On Demand Review
ITQlick Score: 89/100
ITQlick Rating:
(4.5/5)
Pricing: 4.8/10 - average cost
Category: Accounting & Finance -> SAP Financials On Demand review -> SAP Financials On Demand competitors
Ranking:Ranked 14 out of 419 Accounting & Finance systems
Company: SAP
Typical customers: Small, medium and large size businesses
Platforms: Desktop
Links: SAP Financials On Demand review, SAP Financials On Demand alternatives
Shlomi LaviShlomi Lavi / updated: Mar 04, 2022

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SAP Financials On Demand VS Alternatives in 2022

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.

SAP Financials On Demand alternatives - for small & large Business

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 low budget organizations.

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 Fina...
ITQlick rating
4.5/5
Score
89/100
Pricing
4.8/10
License pricing
Pricing not available
Functionality
15
Best for SMBs
Denali B...
ITQlick rating
4.1/5
Score
93/100
Pricing
2.6/10
License pricing
$1,999 per license
Functionality
16
Best for Enterprise
MultiCHAX
ITQlick rating
3.4/5
Score
92/100
Pricing
7/10
License pricing
$99 per license
Functionality
5
Growing
Aplos Fu...
ITQlick rating
4.4/5
Score
90/100
Pricing
3.6/10
License pricing
$29.50 per month
Functionality
3
Compare
Free version
BQE Core
ITQlick rating
4.3/5
Score
80/100
Pricing
2.4/10
License pricing
$7.95 per user/month
Functionality
20
Compare

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.