What users are saying about
16 Ratings
442 Ratings
16 Ratings
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Score 9.5 out of 100
442 Ratings
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Score 8.6 out of 100

Feature Set Ratings

    Type of tax

    9.8

    Canopy

    98%

    SAP ERP

    Feature Set Not Supported
    N/A
    Canopy ranks higher in 4/4 features

    Sales and Use Taxes

    10.0
    100%
    3 Ratings
    N/A
    0 Ratings

    Cross-border Taxes

    9.0
    90%
    2 Ratings
    N/A
    0 Ratings

    VAT / GST Taxes

    10.0
    100%
    2 Ratings
    N/A
    0 Ratings

    Energy and Fuel Taxes

    10.0
    100%
    3 Ratings
    N/A
    0 Ratings

    Tax Reporting & Compliance

    9.4

    Canopy

    94%

    SAP ERP

    Feature Set Not Supported
    N/A
    Canopy ranks higher in 7/7 features

    Geolocation for Tax Assessment

    9.0
    90%
    2 Ratings
    N/A
    0 Ratings

    3rd-Party Software Integrations

    9.3
    93%
    5 Ratings
    N/A
    0 Ratings

    Tax Data Reporting

    9.5
    95%
    3 Ratings
    N/A
    0 Ratings

    Compliance Administration Management

    9.3
    93%
    6 Ratings
    N/A
    0 Ratings

    Tax Exemption Processing

    10.0
    100%
    3 Ratings
    N/A
    0 Ratings

    Tax Document Management

    9.7
    97%
    6 Ratings
    N/A
    0 Ratings

    Complex Tax Scenario Management

    9.3
    93%
    5 Ratings
    N/A
    0 Ratings

    Payroll Management

    Canopy

    Feature Set Not Supported
    N/A
    8.5

    SAP ERP

    85%
    SAP ERP ranks higher in 5/5 features

    Pay calculation

    N/A
    0 Ratings
    5.0
    50%
    1 Rating

    Benefit plan administration

    N/A
    0 Ratings
    9.2
    92%
    21 Ratings

    Direct deposit files

    N/A
    0 Ratings
    9.2
    92%
    19 Ratings

    Salary revision and increment management

    N/A
    0 Ratings
    9.4
    94%
    20 Ratings

    Reimbursement management

    N/A
    0 Ratings
    9.6
    96%
    22 Ratings

    Customization

    Canopy

    Feature Set Not Supported
    N/A
    6.6

    SAP ERP

    66%
    SAP ERP ranks higher in 2/2 features

    API for custom integration

    N/A
    0 Ratings
    7.5
    75%
    32 Ratings

    Plug-ins

    N/A
    0 Ratings
    5.7
    57%
    26 Ratings

    Security

    Canopy

    Feature Set Not Supported
    N/A
    9.6

    SAP ERP

    96%
    SAP ERP ranks higher in 2/2 features

    Single sign-on capability

    N/A
    0 Ratings
    9.6
    96%
    34 Ratings

    Role-based user permissions

    N/A
    0 Ratings
    9.6
    96%
    39 Ratings

    Reporting & Analytics

    Canopy

    Feature Set Not Supported
    N/A
    8.7

    SAP ERP

    87%
    SAP ERP ranks higher in 3/3 features

    Dashboards

    N/A
    0 Ratings
    8.2
    82%
    31 Ratings

    Standard reports

    N/A
    0 Ratings
    8.9
    89%
    39 Ratings

    Custom reports

    N/A
    0 Ratings
    8.8
    88%
    39 Ratings

    General Ledger and Configurable Accounting

    Canopy

    Feature Set Not Supported
    N/A
    8.6

    SAP ERP

    86%
    SAP ERP ranks higher in 2/2 features

    Accounts payable

    N/A
    0 Ratings
    9.4
    94%
    40 Ratings

    Accounts receivable

    N/A
    0 Ratings
    9.3
    93%
    40 Ratings

    Inventory Management

    Canopy

    Feature Set Not Supported
    N/A
    9.2

    SAP ERP

    92%
    SAP ERP ranks higher in 4/4 features

    Inventory tracking

    N/A
    0 Ratings
    9.3
    93%
    34 Ratings

    Automatic reordering

    N/A
    0 Ratings
    9.6
    96%
    30 Ratings

    Location management

    N/A
    0 Ratings
    8.9
    89%
    32 Ratings

    Manufacturing module

    N/A
    0 Ratings
    9.1
    91%
    29 Ratings

    Order Management

    Canopy

    Feature Set Not Supported
    N/A
    8.7

    SAP ERP

    87%
    SAP ERP ranks higher in 4/4 features

    Pricing

    N/A
    0 Ratings
    8.8
    88%
    33 Ratings

    Order entry

    N/A
    0 Ratings
    8.9
    89%
    35 Ratings

    Credit card processing

    N/A
    0 Ratings
    8.6
    86%
    22 Ratings

    Cost of goods sold

    N/A
    0 Ratings
    8.5
    85%
    32 Ratings

    Attribute Ratings

    • Canopy is rated higher in 1 area: Likelihood to Recommend
    • SAP ERP is rated higher in 1 area: Support Rating

    Likelihood to Recommend

    9.5

    Canopy

    95%
    11 Ratings
    8.7

    SAP ERP

    87%
    47 Ratings

    Likelihood to Renew

    Canopy

    N/A
    0 Ratings
    9.0

    SAP ERP

    90%
    5 Ratings

    Usability

    Canopy

    N/A
    0 Ratings
    8.7

    SAP ERP

    87%
    11 Ratings

    Availability

    Canopy

    N/A
    0 Ratings
    10.0

    SAP ERP

    100%
    2 Ratings

    Support Rating

    1.0

    Canopy

    10%
    2 Ratings
    7.9

    SAP ERP

    79%
    12 Ratings

    Implementation Rating

    Canopy

    N/A
    0 Ratings
    3.0

    SAP ERP

    30%
    2 Ratings

    Likelihood to Recommend

    Canopy, Inc.

    If you want to have an all in one solution for managing you clients (from sales lead to loyal client) this is the answer. We rarely have to use other systems to take a client from a lead to completing their taxes or representation case. It's also given us the freedom to switch our business model to focus on value added pricing and shift to be an advisory focused firm. If you want to pump out hundreds of returns and don't care about managing your clients on a long term basis because you're a quantity over quality shop, you may not find value in the software.
    Read full review

    SAP

    The availability of the leading and non-leading ledgers meets our financial reporting requirements and helps us fulfill both the stock exchange requirements at the parent company level and country-specific requirements at the operating entity level. In addition, the Open Item Managed Account feature ensures that reporting teams optimize their efforts on subsystem-driven accounts to achieve accounting concurrency.
    Read full review

    Pros

    Canopy, Inc.

    • As TheCPATaxProblemSolver, Canopy is a great timesaver in helping me complete IRS Offer In Compromises. An Offer in Compromise (OIC) is an IRS program that allows taxpayers to settle their liabilities for less than the full amount owed.
    • I use analytics contained in the state-of-the-art Canopy tax resolution software to calculate smart recommendations based on each unique case to arrive at the best solution and prepare successful cases.
    • Canopy tax has an all in one practice management software. It features Customer Relationship Management (CRM), Document Management, Workflow Management, as well as Billing and Invoicing
    Read full review

    SAP

    • Organizational resource management and integration of different departments with each other as a software automation
    • We have Access to all insights and analytics data from anywhere
    • It doesn't matter how big your organization is, it supports everything from small companies to giant high-tech organizations, and they all have access to data at very high speeds.
    • If you use the web and cloud version, the initial costs will be greatly reduced and even a small start-up small company can enjoy the benefits of SAP ERP.
    Read full review

    Cons

    Canopy, Inc.

    • Connectivity with Outlook for email tracking - the connection is sometimes lost and there is no notification. You just look for your email trail and there is nothing.
    • Electronic signatures for multiple contacts on one document with some fields being optional would be a great help.
    • Being able to see contact transcripts in the client record view versus just the transcript screen would be more efficient.
    Read full review

    SAP

    • SAP sometimes gets slow whenever most of the people in the company simultaneously use it
    • Hopefully they would extend background job processing to all tables in SAP since it sometimes goes time out whenever extracting large historical data (ex. 5 years expense data)
    Read full review

    Pricing Details

    Canopy

    Starting Price

    Editions & Modules

    Canopy editions and modules pricing
    EditionModules

    Footnotes

      Offerings

      Free Trial
      Free/Freemium Version
      Premium Consulting/Integration Services

      Entry-level set up fee?

      No setup fee

      Additional Details

      SAP ERP

      Starting Price

      Editions & Modules

      SAP ERP editions and modules pricing
      EditionModules

      Footnotes

        Offerings

        Free Trial
        Free/Freemium Version
        Premium Consulting/Integration Services

        Entry-level set up fee?

        No setup fee

        Additional Details

        Likelihood to Renew

        Canopy, Inc.

        No answers on this topic

        SAP

        The cost of SAP as an ERP is quite high and the switching costs associated with ERP systems are even higher. That being said moving from one ERP to another only happens once in a great while for large organizations. Those switching costs include retraining, IT hardware requirements, outside consultants and more
        Read full review

        Usability

        Canopy, Inc.

        No answers on this topic

        SAP

        It is worth my time as far as my concern I just loved the product and it has saved me from many problems that I used to [deal] with earlier overall it has [enhanced] my work efficiency that is why I am happy to give this rating to this product Also I loved the features and worth my working skills.
        Read full review

        Support Rating

        Canopy, Inc.

        We had to contact the company many times because of the problems we were encountering. They were not helpful in any way
        Read full review

        SAP

        Well, I've had several scenarios where it was evident that they simply buy time. At the same time, their Product Support and Implementation teams are most likely not in sync. What's said by a member of implementation may not hold good when you refer the same thing with a member of the support team.
        Read full review

        Alternatives Considered

        Canopy, Inc.

        Canopy works efficiently for all the companies, more so the CPA firms and other programs have no such advancement. The existence of an individualized client portal from Canopy is a remarkable step. Canopy records the due dates for a project and checks them when they are near or notifies the user.
        Read full review

        SAP

        SAP is totally integrated as are many of its greatest competitors, but the level of detail in the integration between modules puts SAP heads and shoulders above all others. Granted, the SAP implementation can be much more difficult to perform, but in the long run, the amount of effort you put in will result in excellent usability. After using Oracle's E-Business Suite for over 20 years, we did a due diligence search that lasted over 18 months before making a decision to go with SAP. This was a result of our Oracle system being made "un-upgradeable" due to a custom module that Oracle Consulting actually built for us. We were stuck in an old version of their database that would not work upon patching to the next version.
        Read full review

        Return on Investment

        Canopy, Inc.

        • We have eliminated our admin position as our tasks are more streamlined.
        • We can support a year-round client demand breaking the season-to-season cash cycle.
        • We're looking to become 100% remote/virtual helping clients all over the country/world within the next 12 months due to this cloud solution.
        Read full review

        SAP

        • SAP has helped in transparency across different business unit and single financial view of the company that previously did not exist.
        • The cost of supporting the solution is slightly higher than the previous ERP and the consulting solutions cost more.
        • Overall SAP has brought in positive ROI and uniform business practices across the organization
        Read full review

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