BQE CORE vs. Magnetic

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
BQE CORE
Score 8.5 out of 10
Small Businesses (1-50 employees)
BQE CORE is a business management solution built specifically for professional service firms. BQE CORE is a combination of a billing assistant, project management, and accounting solution. CORE is designed to do the hard work of delivering actionable insights directly to the user's dashboards or inbox. BQE CORE replaces the products Engineeroffice, Archioffice, and BillQuick; the functionality of these applications is now found in BQE CORE.N/A
Magnetic
Score 0.0 out of 10
Small Businesses (1-50 employees)
Magnetic is a workflow management platform designed and built for agencies. It combines essential project management capabilities into a single system: account management, business development, traffic management, project management, project finances, time tracking, billing, HR management and resource scheduling. Magnetic is designed to help agencies waste less time, manage projects smarter, and deliver on time and within budget. The system offers a bird’s eye view into a…
$7
per month per user
Pricing
BQE COREMagnetic
Editions & Modules
No answers on this topic
SOLO (Free)
$0
ESSENTIALS
$7
per month per user
PRO
$15
per month per user
ENTERPRISE
-
per month per user
Offerings
Pricing Offerings
BQE COREMagnetic
Free Trial
YesYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeNo setup fee-$1,520 one-time fee per installation
Additional Details
More Pricing Information
Community Pulse
BQE COREMagnetic
Top Pros

No answers on this topic

Top Cons

No answers on this topic

Features
BQE COREMagnetic
Project Management
Comparison of Project Management features of Product A and Product B
BQE CORE
8.1
55 Ratings
8% above category average
Magnetic
-
Ratings
Task Management8.537 Ratings00 Ratings
Resource Management9.138 Ratings00 Ratings
Gantt Charts6.716 Ratings00 Ratings
Scheduling8.226 Ratings00 Ratings
Workflow Automation7.627 Ratings00 Ratings
Team Collaboration8.031 Ratings00 Ratings
Support for Agile Methodology8.712 Ratings00 Ratings
Support for Waterfall Methodology8.312 Ratings00 Ratings
Document Management7.230 Ratings00 Ratings
Email integration7.225 Ratings00 Ratings
Mobile Access8.532 Ratings00 Ratings
Timesheet Tracking9.355 Ratings00 Ratings
Change request and Case Management8.521 Ratings00 Ratings
Budget and Expense Management7.343 Ratings00 Ratings
Professional Services Automation
Comparison of Professional Services Automation features of Product A and Product B
BQE CORE
8.4
38 Ratings
13% above category average
Magnetic
-
Ratings
Quotes/estimates7.820 Ratings00 Ratings
Invoicing8.833 Ratings00 Ratings
Project & financial reporting8.737 Ratings00 Ratings
Integration with accounting software8.424 Ratings00 Ratings
Best Alternatives
BQE COREMagnetic
Small Businesses
Stackby
Stackby
Score 9.8 out of 10
Atera
Atera
Score 8.9 out of 10
Medium-sized Companies
SAP Ruum
SAP Ruum
Score 9.0 out of 10
Planview AdaptiveWork
Planview AdaptiveWork
Score 6.8 out of 10
Enterprises
Quickbase
Quickbase
Score 9.2 out of 10
Planview AdaptiveWork
Planview AdaptiveWork
Score 6.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
BQE COREMagnetic
Likelihood to Recommend
8.6
(148 ratings)
-
(0 ratings)
Likelihood to Renew
7.2
(8 ratings)
-
(0 ratings)
Usability
8.1
(100 ratings)
-
(0 ratings)
Availability
8.2
(1 ratings)
-
(0 ratings)
Performance
7.3
(1 ratings)
-
(0 ratings)
Support Rating
7.9
(90 ratings)
-
(0 ratings)
Online Training
6.4
(1 ratings)
-
(0 ratings)
Implementation Rating
2.9
(6 ratings)
-
(0 ratings)
Ease of integration
4.5
(1 ratings)
-
(0 ratings)
Product Scalability
8.2
(1 ratings)
-
(0 ratings)
Vendor post-sale
8.2
(1 ratings)
-
(0 ratings)
Vendor pre-sale
8.2
(1 ratings)
-
(0 ratings)
User Testimonials
BQE COREMagnetic
Likelihood to Recommend
BQE Software Inc.
BQE CORE is well suited for a firm trying to get a better understanding of their project performance as a whole as well as better manage time and project resources. It is not the greatest for client management through a project or through invoicing, but it is do-able within the system.
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Magnetic
No answers on this topic
Pros
BQE Software Inc.
  • Invoice Collections within Billing is a great tool because of the ability to take notes and track contact.
  • Invoices are professional looking and easy for our clients to understand the overall progress within each phase of their project.
  • Dashboards are the best tool EVER!
  • The Contact List feature within Clients setup is the perfect way to track multiple project managers within a large company that also has multiple contracts with us.
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Magnetic
No answers on this topic
Cons
BQE Software Inc.
  • Customizable Reporting
  • Linking Project to Payment all together
  • Assigning contacts to particular roles - such as Invoicing, Contracts, etc.
  • Accounting Functionality - they are basically a project management accounting software, so in my opinion, they could learn some things from other accounting software such as QuickBooks etc.
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Magnetic
No answers on this topic
Likelihood to Renew
BQE Software Inc.
We have been using Core for a few years now, and honestly started to look at other software systems to see what was out there. What we chose was a nightmare for migration so we never left Core. Now we have added invoicing and payments from Core instead of double entry with QBO. Still only a few cycles in but looks like it will be up to speed soon and working smoothly.
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Magnetic
No answers on this topic
Usability
BQE Software Inc.
The foundation is awesome, like I have said before, however the house being built on it, the educational resources being provided to us (more of sales pitches that don't work), and flexible workflow opportunities, is making us look elsewhere for how much we will be spending on per user. It's crazy to think how flexible they are not when it comes to user settings. Lack of integration with other sources is awful.
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Magnetic
No answers on this topic
Reliability and Availability
BQE Software Inc.
I can only remember a couple of times in 4 years that Core has been unavailable.
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Magnetic
No answers on this topic
Performance
BQE Software Inc.
This is one area that does need some improvement. It can be slow at time, so we had our IT look at it from our side and we had no issues, so it has to be some slowness on their side.
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Magnetic
No answers on this topic
Support Rating
BQE Software Inc.
As a new employee and CORE user, I talk to support on a weekly basis. I have never had to wait for more than 3 min to get connect with a support rep, and all my questions have been answered. The support representatives are polite and eager to help no matter how simple your question is.
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Magnetic
No answers on this topic
Online Training
BQE Software Inc.
Make sure you have someone training you that fits your style of learning.
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Magnetic
No answers on this topic
Implementation Rating
BQE Software Inc.
It does take some time to understand the options and to find the best invoice template.
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Magnetic
No answers on this topic
Alternatives Considered
BQE Software Inc.
Deltek Vision is far more advanced, more encompassing and offers more flexibility with what you want to do. However, it's also quite difficult to use, whereas BQE CORE is intuitive and user friendly. The trade off is worth it in some arenas but overall it's not suited for a larger fast paced company. Great for smaller companies.
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Magnetic
No answers on this topic
Scalability
BQE Software Inc.
This software works on a small and large scale.
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Magnetic
No answers on this topic
Return on Investment
BQE Software Inc.
  • Quick setup of new tasks under a parent project, with immediate hourly billing to it.
  • Monitoring of details of non-chargeable efforts in appropriate detail
  • Validation of hourly cost, billing cost, benefit cost, profitability by person and role
  • Company tracking of write-off's included in corporate and project reporting, no data is "lost"
  • Can track excessive work time as +PTO in lieu of pay for use as future vacation
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Magnetic
No answers on this topic
ScreenShots

BQE CORE Screenshots

Screenshot of Core powered by BQE SoftwareScreenshot of BQE CORE Project Dashboard ViewScreenshot of BQE CORE 360* Firm Performance ViewScreenshot of BQE CORE Reporting & AnalyticsScreenshot of BQE CORE Project Time EntryScreenshot of BQE CORE Project Expense Tracking

Magnetic Screenshots

Screenshot of The Project Dashboard is logically divided into 3 sections:

Budget
For tracking how a project is performing against what was agreed upon with the client, as well as key KPI’s such as Net Margin and Gross Margin.

Scheduling
Magnetic will predict if a project is going over- or underservice. Through key metrics such as Estimate to Complete and Estimate at Complete, Magentic helps users to understand if a project is going to be on or off track.

Financials
Displays projects’ financial performance through key financial indicators such as Actual Net/Gross Margin, un-billable work and supplier purchases.Screenshot of the navigable Resource Capacity dashboard in Magnetic, where users can apply filters based on department, position, or line manager. It provides instant visibility into available capacity, booked capacity across billable and non-billable work, opportunities, and leave time.Screenshot of the profitability dashboard financial tool, that offers a concise and real-time overview of a company's financial performance. It consolidates key metrics, providing a snapshot of revenue, costs, and profit margins. Customizable filters and dynamic charts enable stakeholders to analyze specific aspects of any business, fostering informed decision-making.Screenshot of Magnetic's comprehensive dashboard, providing tools to monitor and manage client engagements.

This helps users to stay informed and in control through Magnetic's interface, using valuable insights into a projects and client relationships for improved efficiency and client satisfaction.Screenshot of Magnetic's Revenue Forecast, used to monitor billings, monitor budgets for open projects, and factor in potential revenue from upcoming opportunities. With real-time tracking and analysis capabilities, Magnetic helps to drive informed decisions.Screenshot of customisable templates used to create precise cost estimates and time plans. This helps to ensure accurate client quotes and allocate tasks with optimal timings, maximising productivity and project success.