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Comparing the prices of accounting software can
be confusing. To help, we asked the top accounting software publishers
to provide us retail pricing for the cost of eight core modules (general
ledger, accounts receivable, accounts payable, payroll, inventory,
order entry, job costing, and system manager) for 1 user, 5 users,
10 users, 25 users, and 100 users. The results are presented below.
Even with this approach there are comparison problems. For example,
some products include a report writer, consolidations, and bank reconciliation
in the general ledger for no additional cost while others charge extra
for this functionality. Still, these prices offer a reasonable basis
for comparison.
|
Product
Name
For the low-end
market
(companies with revenues up to $5 million) |
Single
User |
5
Users |
10
Users |
25
Users |
100
Users |
ACCPAC
Adv Series Discovery (3 users - add $250)
($1,500 for SM, GL, AP, AR, PR - $1,00 each for add'l modules) |
$4,500 |
N/A |
N/A |
N/A |
N/A |
ACCPAC
Advantage Series Corporate (Pervasive)
ACCPAC Advantage Series Corporate (SQL Server) |
$8,500
$12,500 |
$10,000
$18,000 |
N/A
$23,500 |
N/A
N/A |
N/A
N/A |
|
ACCPAC
Vision Point |
$3,600 |
$3,600 |
$3,600 |
$3,600 |
$3,600 |
|
BusinessVision
32 |
$199 |
$5,495 |
$6,790 |
$10,670 |
N/A |
|
BusinessVision
SQL |
N/A |
N/A |
$9,995 |
$16,985 |
$54,995 |
|
BusinessWorks
Gold |
$3,760 |
$4,750 |
$5,255 |
$6,745 |
N/A |
|
DAC
Easy 11.0 |
$250 |
$500 |
N/A |
N/A |
N/A |
Microsoft
Small Business Manager
(Includes GL, AR, AP, PR and 1st Yr Service of
$425 single user; $725 multi-user) |
$1920 |
$3720 |
N/A |
N/A |
N/A |
|
M.Y.O.B.
AccountEdge |
$236 |
$647 |
$1,142 |
N/A |
N/A |
|
Oracle
Small Business Manager |
$1,200/Yr |
$3,600/Yr |
$6,600/Yr |
$16,200/Yr |
$60,000/Yr |
|
One
Write Plus 8.0 |
$89 |
N/A |
N/A |
N/A |
N/A |
|
Peachtree
2000 6.0 |
$1,650 |
$2,530 |
$2,930 |
$2,930 |
N/A |
|
Peachtree
Accounting 2002 |
$160 |
$525 |
N/A |
N/A |
N/A |
|
Peachtree
Complete for Windows 2002 |
$270 |
$557 |
$557 |
$557 |
N/A |
|
QuickBooks
Basic 2002 |
$180 |
N/A |
N/A |
N/A |
N/A |
|
QuickBooks
Pro 2002 |
$250 |
$690 |
N/A |
N/A |
N/A |
|
QuickBooks
Premier 2002, Accountant Edition |
$416 |
$1,500 |
N/A |
N/A |
N/A |
|
Simply
Accounting (ACCPAC) |
$169 |
N/A |
N/A |
N/A |
N/A |
|
Simply
Accounting Pro (ACCPAC) |
$319 |
$725 |
N/A |
N/A |
N/A |
For
the middle market
(companies with revenues from $2 million to $50 million) |
Single
User |
5
Users |
10
Users |
25
Users |
100
Users |
ACCPAC
Adv. Series Corporate Edition (Pervasive)
ACCPAC Adv. Enterprise Edition (SQL Server) |
$16,500
$24,000 |
$21,500
$34,000 |
$26,500
$44,000 |
$41,500
$74,000 |
$116,000
$224,000 |
|
ACCPAC Online (Web Based Solution - Rental
Fee Arrangement) |
$380/
month |
$775/
month |
$2,230/
month |
$5,155/
month |
$19,780/
month |
|
ACCPAC
Pro Series 6.0 |
$9,600 |
$12,600 |
$15,600 |
$24,600 |
$69,600 |
|
Blackbaud
Financial Edge (4) |
$8,000 |
$23,000 |
$33,500 |
$65,500 |
N/A |
|
BusinessVision
32 |
$199 |
$5,495 |
$6,790 |
$10,675 |
N/A |
|
BusinessVision
SQL |
N/A |
N/A |
$9,995 |
$16,985 |
$54,995 |
|
FACTS
(Software Solutions) (5) |
$1,500 |
$7,500 |
$15,000 |
$37,500 |
$150,000 |
|
Great Plains |
$20,000 |
$28,000 |
$38,000 |
$65,500 |
$198,000 |
|
Macola
Progression |
$12,550 |
$13,250 |
$15,950 |
$28,050 |
$80,874 |
|
MAS 90 |
$10,775 |
$14,375 |
$16,375 |
$22,375 |
N/A |
|
MAS
200 |
N/A |
$18,500 |
$23,500 |
$37,500 |
$88,500 |
|
Navision on the MDE Database |
$9,100 |
$13,300 |
$22,400 |
N/A |
N/A |
|
Navision (2) on the
SQL Server or Navision database |
$13,000 |
$19,000 |
$32,000 |
$53,000 |
$160,000 |
|
Platinum
for Windows |
$14,960 |
$17,455 |
$19,950 |
$32,425 |
$94,800 |
|
Solomon
IV 4.x |
$20,000 |
$28,000 |
$38,000 |
$65,500 |
$198,000 |
SouthWare Excellence Series (running on
mid-range databases)
SouthWare Excellence Series (running on high-end databases) |
$7,360
$11,780 |
$11,200
$17,920 |
$13,840
$22,144 |
$21,120
$33,800 |
$49,980
$79,970 |
|
SYSPRO |
$14,880 |
$22,290 |
$27,860 |
$50,010 |
$124,600 |
|
Traverse 10.0 |
$12,000 |
$13,600 |
$15,600 |
$21,600 |
$51,600 |
Visual
AccountMate 5.0 - LAN5.0
Visual AccountMate 5.0 - SQL Server or AS 400 |
$10,955
$13,950 |
$10,995
$13,950 |
$13,445
$18,925 |
N/A
$35,925 |
N/A
$110,850 |
For
the beginning ERP market
(companies with revenues from $25 million to $500 million) |
Single
User |
5
Users |
10
Users |
25
Users |
100
Users |
|
ACCPAC Adv.
Enterprise Edition (SQL Server) |
$24,000 |
$34,000 |
$44,000 |
$74,000 |
$224,000 |
|
ACCPAC
Executive Series |
$72,000 |
$78,000 |
$84,000 |
$102,000 |
$192,000 |
|
Navision on the MDE Database |
$9,100 |
$13,300 |
$22,400 |
N/A |
N/A |
|
Navision (2) on the SQL Server or Navision
database |
$13,000 |
$19,000 |
$32,000 |
$53,000 |
$160,000 |
|
Axapta |
$40,041 |
$48,441 |
$58,941 |
$90,441 |
$234,441 |
|
MAS 500 (Small Bus Edition to 10 users, then
Std Edition) |
$18,500 |
$22,500 |
$27,500 |
$62,500 |
$232,500 |
|
Great Plains |
$20,000 |
$28,000 |
$38,000 |
$65,500 |
$198,000 |
|
Macola
Progression |
$12,550 |
$13,250 |
$15,950 |
$28,050 |
$80,874 |
|
E by Epicor |
N/A |
$85,000 |
$94,500 |
$120,000 |
$225,000 |
|
SAP
Accelerated Financials R/3 (pricing includes all modules) |
N/A |
$22,500 |
$45,000 |
$112,500 |
$450,000 |
|
Solomon
IV |
$20,000 |
$28,000 |
$38,000 |
$65,500 |
$198,000 |
|
SYSPRO |
$14,880 |
$22,290 |
$27,860 |
$50,010 |
$124,600 |
|
Take
Stock (Software Solutions) (6) |
$2,200 |
$11,000 |
$22,000 |
$55,000 |
$220,000 |
|
TRAVERSE running on SQL Server |
$20,000 |
$23,200 |
$27,200 |
$29,200 |
$99,200 |
Note 1- Pricing includes the following
modules: general ledger, accounts receivable, accounts payable, payroll,
inventory, order entry, job cost and system manager.
Note 2 - For Navision, this assumes that
customers with 10 or less users would not purchase consolidations, budgeting,
or allocations granules; customers with 25 users would add budgeting and
allocations; and 100 users would add consolidations. Multi-language and
multi-currency capabilities are not included in these price estimates.
Note 3 - It is interesting to notice
that the least expensive products at one user or five users are not
necessarily the least expensive products at 10 or 25 users. This is because
some vendors price their modules higher, and their incremental user licenses
lower while other vendors employ the opposite strategy. Please note that a few
products do not offer job cost modules. In this case we have included the
price for an additional inventory module instead - to arrive at a more
relevant pricing comparison that includes 8 core modules across the board. In
the case of SAP's R/3 software, the price includes the complete SAP product
line - not just 8 core modules. ACCPAC discovery provides for a maximum of 3
users, but not 5 users. Peachtree, QuickBooks Pro 2002 and others include more
than 8 modules in their standard price.
Note 4 - Blackbaud is a non-profit
solution which does not include Inventory, Order Entry, or Job costing;
therefore, I substituted these modules with the Blackbaud's Cash Management,
Fixed Assets, and POS modules. In general, Blackbaud is priced from $2,000 to
$4,000 for core modules, with the general ledger and POS pricing ranging from
$2,000 to $20,000 depending on the number of users.
Note 5 - FACTS software is priced from
$1,200 to $1,500 per user for 8 core modules. We used $1,500 per user in our
calculations.
Note 6 - Take Stock is priced at $2,200 per user
for 8 core modules.
Note 7 - BusinessVision pricing includes 16 to 18
modules.
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