Access Financials vs. SAP Business One
If you are reading this article, you may be thinking about making the switch to a more advanced financial management and accounting solution. More than likely, your current system simply isn’t equipped to meet the evolving needs of your medium to large-sized organisation.
Are you grappling with limited reporting capabilities, spending countless hours on manual tasks, and fixing errors week after week? Perhaps your current system is also exposing you to compliance risks. And if your systems and data are not unintegrated, it is likely making life much harder for your finance team.
In this article, we present an impartial SAP Business One comparison against our leading financial management and accounting solution, Access Financials. We delve into their benefits, features, pricing, and more
6 mins
Written by The Access Group
Article Contents
Introduction
If any of these situations resonate with you, it could be time to explore alternative financial management solutions. At The Access Group, we are ready to assist you. With our business management solutions trusted by more than 72,000 organisations worldwide, we believe we are well-equipped to offer insights into your best options.
In this article, we present an impartial comparison of SAP Business One and our leading financial management and accounting solution, Access Financials. We delve into their benefits, features, pricing, and more. By the end, you will have a comprehensive understanding of the fundamental distinctions between the two, helping you determine which one aligns best with your business needs.
What is SAP Business One?
Xero is a cloud-based accounting solution that is designed to help small businesses, accountants, and bookkeepers manage their financials more efficiently. Available via a flexible online subscription, the solution is used by over 3.7 million businesses worldwide in a range of industries.
With Xero, you can track and pay your bills on time, easily invoice clients, manage payroll and gain a real-time overview of your accounts payable and cash flow. Accessible from any web-connected device, the solution allows you to manage your accounting on the go and makes it quick and easy to keep your account balances and financials up to date.
What is Access Financials?
Access Financials is a cloud-based accounting and financial management platform that caters to the intricate needs of complex organisations, offering business-wide efficiency and invaluable insights to drive strategic growth. The solution helps over 4,000 businesses and not-for-profits worldwide streamline and simplify core finance and accounting functions.
Highly customisable and easy-to-use, Access Financials is suited to organisations in a range of industries, including professional services, health and social care, not-for-profit and charity, manufacturing and wholesale, recruitment, and project accounting.
SAP Business One and Access Financials: What to compare
Both SAP Business One and Access Financials offer powerful features that can help you save time and simplify processes. But there are key differences between the two. Below, we provide a comparison of the two solutions across three critical areas – key features, implementation and support, and pricing.
SAP Business One
SAP Business One is an all-inclusive and affordable ERP that is designed to help you streamline every facet of your company’s operations. Its core features include financial management, sales and customer management, purchasing and inventory control, business intelligence, as well as analytics and reporting.
SAP Business One offers tools to boost your margins, reduce errors and drive profitability. It automates essential accounting processes, helps you control budgets and simplifies fixed asset management. Plus, you can process bank statements and payments swiftly while effortlessly creating insightful financial reports.
The solution empowers you to oversee the entire sales process and customer lifecycle efficiently – from tracking sales opportunities and managing marketing campaigns, to consolidating critical customer data in one place.
Whether you prefer on-premise or a cloud deployment, SAP Business One provides accessibility from any device, anytime and anywhere. As your business grows, you can customise and extend SAP Business One to meet your evolving needs.
Discover the key features of SAP Business One in the table below.
Access Financials
Access Financials is flexible and intelligent financial software that is designed to grow with you. Developed by finance experts, this robust solution offers greater control and visibility over your financial operations, helping you to automate processes and save time.
The modular design of our leading SAP Business One competitor, Access Financials, means you can build a finance platform purpose-built you’re your organisation. The solution’s core features include project accounting, purchase order management, purchasing, asset management, invoicing and inventory management.
Access Financials seamlessly integrates all aspects of your financial ecosystem, allowing you to eliminate workarounds, manual reporting and data silos. Automated financial processes, clever controls and accurate data work together to drive your business forward.
From managing multi-dimensional ledgers to secure payment processing and tax calculations, Access Financials simplifies accounting. Intuitive dashboards empower you to easily track real-time KPIs, and multi-dimensional reporting delivers the oversight you need to make informed decisions.
Discover the key features of Access Financials in the table below and on the Access Financials product page.
SAP Business One v Access Financials: Implementation and Support
SAP Business One
The time and costs required to implement SAP Business One will depend on the unique needs of your business. An implementation typically takes three to six months to complete and can cost anywhere from AUD$35,000 to AUD$150,000.
Following your implementation, SAP Business One Support ensures 24/7 technical assistance for critical issues and allows you to easily log support tasks online. You can also access automation and proactive support tools, such as a remote support platform. SAP also ensures you will receive all critical software upgrades and updates.
Access Financials
At The Access Group, we believe that the implementation process is equally as important as software functionality. That is why we created FlightPaths – an implementation service that ensures you can start getting the most out of Access Financials as soon as possible.
A remote-first service, FlightPaths is designed to adapt to your unique requirements, regardless of your organisation’s structure or employees’ geographic locations. Our process follows well-defined milestones and best practice to ensure that your investment in Access Financials is a resounding success.
Collaboration is at the heart of our approach, and we leverage video technology to facilitate face-to-face interactions with our Access experts. These experts bring not only deep product knowledge but also extensive experience in software deployment, acting as your trusted partner throughout the process.
You can discover more about the Access Financials implementation process in the below articles:
Upon completing your implementation, you can rely on dedicated customer support from our experts via Success Plans. With the option to choose from three tiers of support – Essential, Standard and Premier – Success Plans provides the essential tools and guidance needed for you and your business to maximise the benefits of Access Financials.
All three levels of support provide phone and online assistance from our certified product experts. You can also benefit from our Customer Success Portal, which offers a wealth of invaluable knowledge articles, webinars and an online user community.
SAP Business One v Access Financials: Pricing
SAP Business One
SAP provides the flexibility to acquire licenses and make payments based on your current user count. This adaptable framework allows you to initially secure licenses to meet your immediate requirements and subsequently scale up as needed.
SAP Business One pricing subscription licenses are typically AU$190 per month per professional user and AUD$145 per month per limited user. SAP Business One is distributed through a network of authorised partners.
Access Financials
Our SAP Business One alternative, Access Financials offers three levels of pricing tiers that cater to the varying needs of different businesses. The prices outlined below are based on a minimum of 5 users and include Access Workspace Standard Edition and the Essential Customer Success plan. These prices are not inclusive of any implementation and/or training costs.
- Tier one pricing starts at AUD$209 per user per month. This tier targets smaller and scaling organisations that have outgrown their current financial management and accounting platform (for example, Access Attache users).
- Tier two pricing starts at AUD$330 per user per month. This tier targets more complex accounting businesses that require additional features.
- Tier three caters to organisations with project-based accounting needs. Pricing varies depending on the unique requirements of the organisation.
At the Access Group, we aim to always be transparent with our pricing. To learn more about our pricing tiers and the features that they include, please visit our accounting software pricing and packages page.
Summary
We hope that through our Access Financials and SAP Business One review, you now have a good grasp of the advantages and functionality offered by both systems.
Exploring the success stories of our proud customers Milner’s Brands and Brown & Co can provide you with valuable insights and perspectives. These firsthand accounts delve into their experience with Access Financials features, functionalities, and overall performance. By reading about their journey and the benefits they've reaped, you'll gain a deeper understanding of how Access Financials can effectively cater to your specific needs.
To gain a deeper insight into the capabilities of these solutions, make sure to explore their websites to download brochures, customer case studies and schedule demos. A good starting point is our Access Financials product page, resources hub and blog. You can also access our step-by-step guide that provides invaluable guidance about migrating to a new finance system.
If you have any questions or concerns about switching systems, or need to discuss the options available to you, do not hesitate to call our team of experts today. We can help you further assess the benefits of SAP Business One and Access Financials to see which solution is the right fit for your business.
