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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Quantrix

    Score7.4 out of 10
    N/AQuantrix is designed to allow users to address the limitations and risks inherent to spreadsheets when developing business-critical models. According to the vendor, this solution offers unmatched capability for forecasting, planning, budgeting, risk modeling and visual analytics, and also allows users to develop ‘what if’ scenarios and model the financial and operational impact of business decisions. Additionally, the vendor says sharing insight is made easier through the creation of interactive…N/A

    SAP Business ByDesign

    Score7.9 out of 10
    Mid-Size Companies (51-1,000 employees)
    SAP Business ByDesign is SAP's cloud ERP suite offering, launched in 2007, designed for the SMB market. The product includes a broad range of capabilities including financials, human resources, sales, procurement, customer service, and supply chain. Business ByDesign is a new platform, delivered entirely through a SaaS model, with functionality that overlaps somewhat with BusinessOne, which is also an SMB product, although not a true SaaS product.N/A
    Pricing
    QuantrixSAP Business ByDesign
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    QuantrixSAP Business ByDesign
    Free Trial
    YesYes
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    YesNo
    Entry-level Setup FeeNo setup feeOptional
    Additional DetailsQuantrix Modeler is licensed on a per user subscription basis.SAP Business ByDesign is available for a monthly software-as-a-service (SaaS) subscription, based on a base package, user types, and number of users.
    More Pricing Information
    Features
    QuantrixSAP Business ByDesign
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of Quantrix and SAP Business ByDesign
    Feature
    Quantrix
    9.3
    12 Ratings
    14% above category average
    SAP Business ByDesign
    -
    Ratings
    Long-term financial planning9.711 Ratings00 Ratings
    Financial budgeting9.012 Ratings00 Ratings
    Forecasting10.012 Ratings00 Ratings
    Scenario modeling9.012 Ratings00 Ratings
    Management reporting9.012 Ratings00 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of Quantrix and SAP Business ByDesign
    Feature
    Quantrix
    8.0
    7 Ratings
    3% above category average
    SAP Business ByDesign
    -
    Ratings
    Financial data consolidation8.36 Ratings00 Ratings
    Multi-currency management8.44 Ratings00 Ratings
    Minority Ownership8.04 Ratings00 Ratings
    Local and consolidated reporting8.77 Ratings00 Ratings
    Detailed Audit Trails6.75 Ratings00 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of Quantrix and SAP Business ByDesign
    Feature
    Quantrix
    9.0
    12 Ratings
    10% above category average
    SAP Business ByDesign
    -
    Ratings
    Financial Statement Reporting9.010 Ratings00 Ratings
    Management Reporting9.012 Ratings00 Ratings
    Automated board and financial reporting9.011 Ratings00 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of Quantrix and SAP Business ByDesign
    Feature
    Quantrix
    8.5
    12 Ratings
    12% above category average
    SAP Business ByDesign
    -
    Ratings
    Personalized dashboards8.012 Ratings00 Ratings
    Color-coded scorecards6.45 Ratings00 Ratings
    KPIs10.010 Ratings00 Ratings
    Cost and profitability analysis8.610 Ratings00 Ratings
    Key Performance Indicator setting10.011 Ratings00 Ratings
    Benchmarking with external data8.210 Ratings00 Ratings
    Integration
    Comparison of Integration features of Quantrix and SAP Business ByDesign
    Feature
    Quantrix
    9.0
    12 Ratings
    11% above category average
    SAP Business ByDesign
    -
    Ratings
    Flat file integration9.012 Ratings00 Ratings
    Excel data integration9.012 Ratings00 Ratings
    Direct links to 3rd-party data sources9.012 Ratings00 Ratings
    Payroll Management
    Comparison of Payroll Management features of Quantrix and SAP Business ByDesign
    Feature
    Quantrix
    -
    Ratings
    SAP Business ByDesign
    8.4
    2 Ratings
    11% above category average
    Benefit plan administration00 Ratings4.51 Ratings
    Direct deposit files00 Ratings9.11 Ratings
    Customization
    Comparison of Customization features of Quantrix and SAP Business ByDesign
    Feature
    Quantrix
    -
    Ratings
    SAP Business ByDesign
    9.2
    5 Ratings
    20% above category average
    API for custom integration00 Ratings9.24 Ratings
    Plug-ins00 Ratings9.25 Ratings
    Security
    Comparison of Security features of Quantrix and SAP Business ByDesign
    Feature
    Quantrix
    -
    Ratings
    SAP Business ByDesign
    9.3
    5 Ratings
    10% above category average
    Single sign-on capability00 Ratings9.04 Ratings
    Role-based user permissions00 Ratings9.65 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Quantrix and SAP Business ByDesign
    Feature
    Quantrix
    -
    Ratings
    SAP Business ByDesign
    9.2
    5 Ratings
    20% above category average
    Dashboards00 Ratings8.85 Ratings
    Standard reports00 Ratings9.25 Ratings
    Custom reports00 Ratings9.65 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Quantrix and SAP Business ByDesign
    Feature
    Quantrix
    -
    Ratings
    SAP Business ByDesign
    8.7
    5 Ratings
    12% above category average
    Accounts payable00 Ratings9.24 Ratings
    Accounts receivable00 Ratings9.24 Ratings
    Global Financial Support00 Ratings9.22 Ratings
    Primary and Secondary Ledgers00 Ratings9.22 Ratings
    Journals and Reconciliations00 Ratings8.82 Ratings
    Configurable Accounting00 Ratings9.22 Ratings
    Standardized Processes00 Ratings8.01 Ratings
    Inventory Management
    Comparison of Inventory Management features of Quantrix and SAP Business ByDesign
    Feature
    Quantrix
    -
    Ratings
    SAP Business ByDesign
    9.1
    4 Ratings
    13% above category average
    Inventory tracking00 Ratings9.24 Ratings
    Automatic reordering00 Ratings10.03 Ratings
    Location management00 Ratings8.03 Ratings
    Order Management
    Comparison of Order Management features of Quantrix and SAP Business ByDesign
    Feature
    Quantrix
    -
    Ratings
    SAP Business ByDesign
    8.5
    4 Ratings
    7% above category average
    Pricing00 Ratings9.24 Ratings
    Order entry00 Ratings9.24 Ratings
    Credit card processing00 Ratings4.51 Ratings
    Cost of goods sold00 Ratings9.24 Ratings
    Order Orchestration00 Ratings9.22 Ratings
    Subledger and Financial Process
    Comparison of Subledger and Financial Process features of Quantrix and SAP Business ByDesign
    Feature
    Quantrix
    -
    Ratings
    SAP Business ByDesign
    9.2
    3 Ratings
    20% above category average
    Billing Management00 Ratings8.83 Ratings
    Cash and Asset Management00 Ratings9.22 Ratings
    Travel & Expense Management00 Ratings10.02 Ratings
    Budgetary Control & Encumbrance Accounting00 Ratings10.01 Ratings
    Period Close00 Ratings9.22 Ratings
    Project Financial Management
    Comparison of Project Financial Management features of Quantrix and SAP Business ByDesign
    Feature
    Quantrix
    -
    Ratings
    SAP Business ByDesign
    9.2
    2 Ratings
    19% above category average
    Budgeting and Forecasting00 Ratings10.01 Ratings
    Project Costing00 Ratings9.22 Ratings
    Cost Capture00 Ratings9.22 Ratings
    Capital Project Management00 Ratings9.22 Ratings
    Customer Contract Compliance00 Ratings8.01 Ratings
    Project Revenue Recognition00 Ratings9.22 Ratings
    Project Execution Management
    Comparison of Project Execution Management features of Quantrix and SAP Business ByDesign
    Feature
    Quantrix
    -
    Ratings
    SAP Business ByDesign
    8.3
    3 Ratings
    16% above category average
    Project Planning and Scheduling00 Ratings9.23 Ratings
    Task Insight for Project Managers00 Ratings8.02 Ratings
    Project Mobile Functionality00 Ratings8.02 Ratings
    Grants Management
    Comparison of Grants Management features of Quantrix and SAP Business ByDesign
    Feature
    Quantrix
    -
    Ratings
    SAP Business ByDesign
    10.0
    1 Ratings
    29% above category average
    Award Lifecycle Management00 Ratings10.01 Ratings
    Procurement
    Comparison of Procurement features of Quantrix and SAP Business ByDesign
    Feature
    Quantrix
    -
    Ratings
    SAP Business ByDesign
    8.0
    1 Ratings
    12% above category average
    Bids Analyzed and Compared00 Ratings8.01 Ratings
    Requisitions-to-Purchase Orders Integrated00 Ratings8.01 Ratings
    Supplier Management00 Ratings8.01 Ratings
    Logistics
    Comparison of Logistics features of Quantrix and SAP Business ByDesign
    Feature
    Quantrix
    -
    Ratings
    SAP Business ByDesign
    9.2
    3 Ratings
    27% above category average
    Warehouse Workforce Management00 Ratings9.22 Ratings
    Manufacturing
    Comparison of Manufacturing features of Quantrix and SAP Business ByDesign
    Feature
    Quantrix
    -
    Ratings
    SAP Business ByDesign
    9.0
    3 Ratings
    18% above category average
    Production Process Design00 Ratings9.23 Ratings
    Production Management00 Ratings9.23 Ratings
    Configuration Management00 Ratings8.02 Ratings
    Work Execution00 Ratings8.02 Ratings
    Manufacturing Costs00 Ratings9.23 Ratings
    Supply Chain
    Comparison of Supply Chain features of Quantrix and SAP Business ByDesign
    Feature
    Quantrix
    -
    Ratings
    SAP Business ByDesign
    8.6
    3 Ratings
    16% above category average
    Forecasting00 Ratings9.23 Ratings
    Inventory Planning00 Ratings9.23 Ratings
    Performance Monitoring00 Ratings8.02 Ratings
    Best Alternatives
    QuantrixSAP Business ByDesign
    Small Businesses
    No answers on this topic
    Zoho One
    Score9.1 out of 10
    Medium-sized Companies
    IBM Planning Analytics
    Score8.5 out of 10
    Zoho One
    Score9.1 out of 10
    Enterprises
    Oracle Fusion Cloud Enterprise Performance Management
    Score7.1 out of 10
    Microsoft Dynamics AX (discontinued)
    Score4.8 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    QuantrixSAP Business ByDesign
    Likelihood to Recommend
    7.0
    (12 ratings)
    9.6
    (7 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    9.0
    (3 ratings)
    Usability
    8.2
    (1 ratings)
    8.0
    (1 ratings)
    Support Rating
    -
    (0 ratings)
    9.0
    (1 ratings)
    Implementation Rating
    -
    (0 ratings)
    8.0
    (1 ratings)
    User Testimonials
    QuantrixSAP Business ByDesign
    Likelihood to Recommend
    Quantrix
    If you find yourself in the ocean of traditional spreadsheets, overwhelmed by broken links, errors, model audit problems, hardwiring, etc. here is a lifebuoy for you. If you want to have full flexibility in your budgeting and forecasting in contrast to ERPs with rigid structures and one-size-fits-all concept. If you are small or medium size company and do not want to invest in costly enterprise solutions. If you need a fast implementation https://youtu.be/5W_q5Xhw5fg
    Read full review
    SAP
    Do you plan on going public at some point? If so, this may not be the best solution for you
    Incentivized
    Read full review
    Pros
    Quantrix
    • Building complex financial planning model availing of a multidimensional data structure coupled with a powerful formula language, with the immediacy and intuitiveness typical of spreadsheets
    • Implement quickly model modifications (new products, new scenarios, new time periods) simply adding new "items" to "categories" (corresponding to dimensions in a multidimensional data model)
    • Scale up models to very large datasets with very fast computation times
    • Easily import data from text files, other Quantrix models and external databases via DataLink and DataNAV
    • Save snapshots of tables computed in Quantrix to external databases via DataPush
    Incentivized
    Read full review
    SAP
    • I like the ease of use and the implementation methodology.
    • With SAP Business ByDesign you can integrate other systems with Web Services, and data technology to get information easy and fast.
    • SAP Business ByDesign includes an Analytics Module to create new reports in regards to your needs.
    Read full review
    Cons
    Quantrix
    • Hard to be critical of the Quantrix team as I know they strive to produce the best product possible. I suppose the next thing on my wish list would be the application of the new Solver functionality to be available in the Qloud.
    • A big help for new users would be a good book on transitioning from Excel or other environment into Quantrix. I know first hand it can be difficult to transition when having to learn the program through a help guide, forums and tech support. I had a lot of trial and error in my journey to producing the desired models. On one hand it was a valuable method as it taught me a lot of what not to do, but I will admit it was not the most efficient way to do things.
    • Would also love to see local user groups being formed at some point in the future. Quantrix puts on a fantastic conference once a year in beautiful Maine, but it is a big journey for someone in Southern California (and limited to one or two days a year). I would like to see some local chapters formed in different areas of the country so local Quantrix users can get together more often and collaborate (maybe a quarterly or semi-annual meetup?). Our Quantrix community is still relatively small and may be a difficult task for some areas, but is also the very reason why this would be great idea.
    Read full review
    SAP
    • Time off request could be better. Right now, there is no option for sick time
    • It crashes often
    • Customization could be better
    Incentivized
    Read full review
    Likelihood to Renew
    Quantrix
    No answers on this topic
    SAP
    SAP BYD work centers are consistent and easy to navigate once you understand one work center. The document flow tab that is in each window allows one to see all related transactions. Document flow is important because one is able to see the flow of transactions and can therefore reverse transactions by following the document flow in reverse. It is possible to group items in each overview screen to see what items are open. The system is working as hoped.
    Incentivized
    Read full review
    Usability
    Quantrix
    For a newbie it can be difficult until you get the hang of the system. Quantrix is a very logical system, once you understand its underlying ideas.
    Read full review
    SAP
    Because SAP Business ByDesign allows us to improve our work, reduce the operational steps, implement audit controls, allows us found standard reports or it allows us to create new ones if you need more than the exists are enough for your work or your needs. Overall, SAP Business ByDesign allows us to standardize our operations, enhance our work, improve our skills, work over a web environment or mobile interface.
    Read full review
    Support Rating
    Quantrix
    No answers on this topic
    SAP
    The Business ByDesign support is stablished since you contract the service with SAP. SAP resolves according to the service level agreement. Currently, we continue with the service and we are using the support channels available. We are receiving the support. The SAP support gets an incident and after that, they contact us to resolve the incident, if necessary, they set the meeting to understand it or we explain the incident
    Read full review
    Implementation Rating
    Quantrix
    No answers on this topic
    SAP
    I recommend implementing all workshops during the ERP selection that you need to know very well about the ERP software. It allows us to gather information to accurate the plan of the project implementation. Additionally, we must reach the high-level commitment to achieve the main goals, to define the RACI matrix and communicate to all project stakeholders.
    Read full review
    Alternatives Considered
    Quantrix
    Overall, I was not part of the ultimate decision to purchase Quantrix. I terms of user-friendliess and robust reporting capabilities I do think Tableau has Quantrix outclassed. That being said, Quantrix does provide more in-depth analyses for our relevant data and provides better modeling for our forecasts out of the box. The accuracy of the tools output is also much better
    Incentivized
    Read full review
    SAP
    ByDesign stacks up well against the competition. Companies that do multiple things are usually the best fit (manufacturing, distribution, and service). The more 'modules' used, the fewer competitors will be able to meet the company's needs. It is not inexpensive, but if the needs of the company have the complexity from either a global perspective and need localizations and foreign currency, or a volume perspective and need resources greater than what can be easily housed on-premise, ByDesign should be a top consideration.
    Incentivized
    Read full review
    Return on Investment
    Quantrix
    • Capacity forecasting used to take hours to calculate with a ton of manual modifications. Quantrix has automated that so a model can be updated at any time with a click of a button
    • The accuracy of the models is incredible. It took some tweaking to add in data scubbers, but now it runs almost flawlessly
    • The confidence the management teams have in the output of the model is amazing. Before, people would question the output, have you rebuild it, and then compare. Now the report comes out and the output has high confidence.
    Incentivized
    Read full review
    SAP
    • Positive - Access to the real-time reporting allowing for faster decision making especially when fixed price projects are heading into an over budget position.
    • Positive - Complex KPI can now be tracked and as a consequence intensive plans can be made to capitalise on this level of reporting. Staff also have clear visibility over their own performance.
    • Negative - We are a bit on the small side at 30 employees for a ByD solution so it was relatively expensive for us. It would be a much better value preposition above 50 employees.
    Read full review
    ScreenShots

    Quantrix Screenshots

    Product screenshotProduct screenshotProduct screenshot

    SAP Business ByDesign Screenshots

    Screenshot of the embedded analytics of SAP Business ByDesign, which makes it possible for key users or end users to define dashboards that contain tailored reports and KPIs for their roleProduct screenshotScreenshot of some of the reports available with SAP Business ByDesign, that enable customers to create additional reports or KPIsScreenshot of the document flow, present in each business document in ByDesign, which shows a graphic of the predecessor and successor business documents as well as any associated accounting documents.Screenshot of SAP Business ByDesign's included Project Management module that is integrated with CRM to sell and bill projects, with HR to staff projects, and with SCM and SRM for procurement.Screenshot of the Financial Closing business scenario, used to perform financial period-end closing activities to ensure correct financial statements, such as Balance Sheet, Income Statement, and Cash Flow Statement. The Closing Cockpit helps to minimize the risk of missing important steps or incorrect timing.