Canopy vs. SAP S/4HANA Cloud

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Canopy
Score 8.9 out of 10
N/A
Canopy is tax practice management software from Canopy, Inc., with accounting functionality designed for tax professionals and their customers. It includes tax resolution analytics, automatic IRS form population, client management, transcript delivery and reporting, custom service workflows, penalty abatement, casework/client engagement tracking, client portals, and billing and invoicing capabilities.N/A
SAP S/4HANA Cloud
Score 8.6 out of 10
N/A
SAP S/4HANA Cloud is a modular cloud ERP. Embedded with AI and analytics, it helps business run anywhere, in real time. SAP S/4HANA Cloud can be deployed either on premise, in the cloud, or in a hybrid combination.N/A
Pricing
CanopySAP S/4HANA Cloud
Editions & Modules
No answers on this topic
SAP S/4HANA Cloud
Custom Pricing
per month FUE users*
Offerings
Pricing Offerings
CanopySAP S/4HANA Cloud
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeRequired
Additional Details* FUE = Full user equivalent, which allows flexible customer choice among: 1 Advanced user, 3 Core-users, or 30 self-service users per FUE. Minimum purchase is 35 FUEs.
More Pricing Information
Community Pulse
CanopySAP S/4HANA Cloud
Top Pros

No answers on this topic

Top Cons

No answers on this topic

Features
CanopySAP S/4HANA Cloud
Type of tax
Comparison of Type of tax features of Product A and Product B
Canopy
9.8
3 Ratings
21% above category average
SAP S/4HANA Cloud
-
Ratings
Sales and Use Taxes10.03 Ratings00 Ratings
Cross-border Taxes9.02 Ratings00 Ratings
VAT / GST Taxes10.02 Ratings00 Ratings
Energy and Fuel Taxes10.03 Ratings00 Ratings
Tax Reporting & Compliance
Comparison of Tax Reporting & Compliance features of Product A and Product B
Canopy
8.1
8 Ratings
4% above category average
SAP S/4HANA Cloud
-
Ratings
Geolocation for Tax Assessment9.02 Ratings00 Ratings
3rd-Party Software Integrations2.06 Ratings00 Ratings
Tax Data Reporting9.63 Ratings00 Ratings
Compliance Administration Management9.26 Ratings00 Ratings
Tax Exemption Processing10.03 Ratings00 Ratings
Tax Document Management8.07 Ratings00 Ratings
Complex Tax Scenario Management9.35 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Canopy
-
Ratings
SAP S/4HANA Cloud
8.2
296 Ratings
13% above category average
Pay calculation00 Ratings8.0254 Ratings
Benefit plan administration00 Ratings8.1254 Ratings
Direct deposit files00 Ratings7.9248 Ratings
Customization
Comparison of Customization features of Product A and Product B
Canopy
-
Ratings
SAP S/4HANA Cloud
7.9
430 Ratings
4% above category average
API for custom integration00 Ratings7.9412 Ratings
Plug-ins00 Ratings7.9382 Ratings
Security
Comparison of Security features of Product A and Product B
Canopy
-
Ratings
SAP S/4HANA Cloud
8.4
492 Ratings
3% above category average
Single sign-on capability00 Ratings8.6462 Ratings
Role-based user permissions00 Ratings8.1485 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Canopy
-
Ratings
SAP S/4HANA Cloud
7.9
500 Ratings
9% above category average
Dashboards00 Ratings7.8468 Ratings
Standard reports00 Ratings8.0493 Ratings
Custom reports00 Ratings7.8459 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Canopy
-
Ratings
SAP S/4HANA Cloud
8.3
490 Ratings
8% above category average
Accounts payable00 Ratings8.3483 Ratings
Accounts receivable00 Ratings8.3465 Ratings
Global Financial Support00 Ratings8.152 Ratings
Primary and Secondary Ledgers00 Ratings8.151 Ratings
Journals and Reconciliations00 Ratings8.151 Ratings
Configurable Accounting00 Ratings8.148 Ratings
Standardized Processes00 Ratings8.654 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Canopy
-
Ratings
SAP S/4HANA Cloud
8.4
431 Ratings
6% above category average
Inventory tracking00 Ratings8.4422 Ratings
Automatic reordering00 Ratings8.1366 Ratings
Location management00 Ratings7.8349 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Canopy
-
Ratings
SAP S/4HANA Cloud
8.3
442 Ratings
6% above category average
Pricing00 Ratings8.2421 Ratings
Order entry00 Ratings8.4430 Ratings
Credit card processing00 Ratings8.224 Ratings
Cost of goods sold00 Ratings8.5405 Ratings
Order Orchestration00 Ratings8.144 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Canopy
-
Ratings
SAP S/4HANA Cloud
8.6
56 Ratings
14% above category average
Billing Management00 Ratings9.01 Ratings
Cash and Asset Management00 Ratings7.950 Ratings
Travel & Expense Management00 Ratings10.01 Ratings
Budgetary Control & Encumbrance Accounting00 Ratings7.946 Ratings
Period Close00 Ratings8.254 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Canopy
-
Ratings
SAP S/4HANA Cloud
9.3
1 Ratings
30% above category average
Project Planning and Scheduling00 Ratings10.01 Ratings
Task Insight for Project Managers00 Ratings8.01 Ratings
Project Mobile Functionality00 Ratings10.01 Ratings
Definable Resource Pools00 Ratings9.01 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Canopy
-
Ratings
SAP S/4HANA Cloud
8.4
32 Ratings
13% above category average
Award Lifecycle Management00 Ratings8.432 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Canopy
-
Ratings
SAP S/4HANA Cloud
8.2
53 Ratings
17% above category average
Bids Analyzed and Compared00 Ratings8.141 Ratings
Contract Authoring00 Ratings8.342 Ratings
Contract Repository00 Ratings8.239 Ratings
Requisitions-to-Purchase Orders Integrated00 Ratings8.347 Ratings
Supplier Management00 Ratings8.347 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Canopy
-
Ratings
SAP S/4HANA Cloud
9.8
1 Ratings
39% above category average
Risk Repository00 Ratings10.01 Ratings
Control Management00 Ratings10.01 Ratings
Control Efficiency Assessments00 Ratings10.01 Ratings
Issue Detection00 Ratings9.01 Ratings
Remediation and Certification00 Ratings10.01 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Canopy
-
Ratings
SAP S/4HANA Cloud
8.2
41 Ratings
20% above category average
Transportation Planning and Optimization00 Ratings8.439 Ratings
Transportation Execution Management00 Ratings8.240 Ratings
Trade and Customs Management00 Ratings8.135 Ratings
Fulfillment Management00 Ratings8.436 Ratings
Warehouse Workforce Management00 Ratings8.135 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Canopy
-
Ratings
SAP S/4HANA Cloud
8.4
43 Ratings
12% above category average
Production Process Design00 Ratings8.440 Ratings
Production Management00 Ratings8.641 Ratings
Configuration Management00 Ratings8.440 Ratings
Work Execution00 Ratings8.340 Ratings
Manufacturing Costs00 Ratings8.538 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Canopy
-
Ratings
SAP S/4HANA Cloud
8.2
49 Ratings
14% above category average
Forecasting00 Ratings8.245 Ratings
Inventory Planning00 Ratings8.347 Ratings
Performance Monitoring00 Ratings8.347 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Canopy
-
Ratings
SAP S/4HANA Cloud
9.0
47 Ratings
23% above category average
Proposal Management00 Ratings10.01 Ratings
Product Master Data Management00 Ratings8.147 Ratings
Best Alternatives
CanopySAP S/4HANA Cloud
Small Businesses
TaxJar
TaxJar
Score 8.2 out of 10
Acumatica
Acumatica
Score 8.7 out of 10
Medium-sized Companies
LOVAT
LOVAT
Score 10.0 out of 10
Infor VISUAL
Infor VISUAL
Score 7.4 out of 10
Enterprises
ADP SmartCompliance
ADP SmartCompliance
Score 8.5 out of 10
SAP Business ByDesign
SAP Business ByDesign
Score 8.5 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
CanopySAP S/4HANA Cloud
Likelihood to Recommend
8.0
(12 ratings)
8.6
(566 ratings)
Likelihood to Renew
-
(0 ratings)
9.0
(14 ratings)
Usability
-
(0 ratings)
8.2
(460 ratings)
Availability
-
(0 ratings)
9.0
(3 ratings)
Performance
-
(0 ratings)
9.0
(2 ratings)
Support Rating
1.0
(1 ratings)
8.2
(77 ratings)
In-Person Training
-
(0 ratings)
9.0
(1 ratings)
Online Training
-
(0 ratings)
9.0
(1 ratings)
Implementation Rating
-
(0 ratings)
7.0
(6 ratings)
Configurability
-
(0 ratings)
9.0
(2 ratings)
Contract Terms and Pricing Model
-
(0 ratings)
7.0
(1 ratings)
Ease of integration
-
(0 ratings)
8.0
(2 ratings)
Product Scalability
-
(0 ratings)
8.0
(2 ratings)
Professional Services
-
(0 ratings)
9.0
(1 ratings)
Vendor post-sale
-
(0 ratings)
8.0
(2 ratings)
Vendor pre-sale
-
(0 ratings)
8.0
(2 ratings)
User Testimonials
CanopySAP S/4HANA Cloud
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
It is suitable for medium and large-sized companies looking for a robust ERP solution that can help them simplify complex business processes. It is a scalable ERP solution with built-in AI and machine learning that will improve efficiency. It will also help them to reduce hardware and maintenance costs.
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
  • SAP S/4HANA Cloud is entirely based on continuously monitored processes enhanced in numerous operational business areas.
  • The solution allows the immediate analysis of company performance indicators due to enhanced functions.
  • Ideally built on future technologies, the organization’s platform aims at providing a system intended to expand based on business complexity.
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
  • I would like to have an offline functionality as well which is not available at the moment.
  • I would like to see in-built templates that can be used according to organization needs and have to be industry specific.
  • Navigation of this platform is quite difficult to learn and requires training. So, new users will find learning a steep curve.
Read full review
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
SAPs usability is great. If there is one ERP where one can adjust about anything there is to be adjusted, this is SAP. This sometimes also means having to maintain some extra master data, but this is to be expected and is well worth the extra effort. We wouldn't have it any other way!
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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
The technical support received by the ITT design teams and OS implementation team has been very useful in ensuring that the SAP ERP is well-tailored to our company's specific needs and operations. This coupled with the training materials, business process maps, and concept demos (sand-box demos) makes adoption easy on end-users.
Read full review
In-Person Training
Canopy, Inc.
No answers on this topic
SAP
More effective
Read full review
Implementation Rating
Canopy, Inc.
No answers on this topic
SAP
SAP requires
a lot of internal and external resources to complete its successful
implementation. The cloud version requires a deeper understanding of the
different capabilities of the local systems (hardware) and the connection
towards your local IT team. We found several problems on our systems that we
couldn't foresee before the implementation and roll out.
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
As I already mentioned, it automated our tasks such as Report creation, PR creation, and many others. That's the major advantage of the S/4 HANA cloud over our previous ERP. Its robust indication system and pre-analyzed data enabled ease of decision-making, which was not incorporated in our last software.
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
  • Implementation of SAP S/4HANA Cloud in our organization has streamlined all our sales cycles and ensured improved business performance.
  • Using the product has lowered business costs by over 30%.
  • The product has increased our customer base by facilitating excellent service delivery.
Read full review
ScreenShots

SAP S/4HANA Cloud Screenshots

Screenshot of the Order to Cash Dashboard - For the management of the order-to-cash process more efficiently across revenue streams and business models - including sales of physical and digital goods, services, subscriptions, projects, and bundles.Screenshot of Sales Management Overview - Helps ensure sales reps meet their goals with an overview of orders and key sales performance metrics, with status tracking for each order in real time for the early detection of potential issues.Screenshot of Purchasing Spend Dashboard - For weighing various aspects of purchasing spend through quick access to clear, complete, and real-time data, with less risk, and without opening different reports and transactions.Screenshot of Operational Supplier Evaluation - Provides a transparent overview of suppliers. Users can approve the most reliable vendors and get the right mix to serve business needs while reducing risk.Screenshot of Inventory Management - Provides visibility to manage supply chains, to mitigate risk, avoid unnecessary costs, maximize efficiency, and fulfill customer orders on time.Screenshot of Inventory Processing - Enables real-time supply chain visibility and provides meaningful metrics, with customizable dashboards and reports that display real-time inventory that track the status of inbound and outbound deliveries.