Quantrix 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…
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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.
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Pricing
Quantrix
SAP Business ByDesign
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Quantrix
SAP Business ByDesign
Free Trial
Yes
Yes
Free/Freemium Version
No
No
Premium Consulting/Integration Services
Yes
No
Entry-level Setup Fee
No setup fee
Optional
Additional Details
Quantrix 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
Quantrix
SAP 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 planning
9.711 Ratings
00 Ratings
Financial budgeting
9.012 Ratings
00 Ratings
Forecasting
10.012 Ratings
00 Ratings
Scenario modeling
9.012 Ratings
00 Ratings
Management reporting
9.012 Ratings
00 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 consolidation
8.36 Ratings
00 Ratings
Multi-currency management
8.44 Ratings
00 Ratings
Minority Ownership
8.04 Ratings
00 Ratings
Local and consolidated reporting
8.77 Ratings
00 Ratings
Detailed Audit Trails
6.75 Ratings
00 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 Reporting
9.010 Ratings
00 Ratings
Management Reporting
9.012 Ratings
00 Ratings
Automated board and financial reporting
9.011 Ratings
00 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 dashboards
8.012 Ratings
00 Ratings
Color-coded scorecards
6.45 Ratings
00 Ratings
KPIs
10.010 Ratings
00 Ratings
Cost and profitability analysis
8.610 Ratings
00 Ratings
Key Performance Indicator setting
10.011 Ratings
00 Ratings
Benchmarking with external data
8.210 Ratings
00 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 integration
9.012 Ratings
00 Ratings
Excel data integration
9.012 Ratings
00 Ratings
Direct links to 3rd-party data sources
9.012 Ratings
00 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 administration
00 Ratings
4.51 Ratings
Direct deposit files
00 Ratings
9.11 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 integration
00 Ratings
9.24 Ratings
Plug-ins
00 Ratings
9.25 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 capability
00 Ratings
9.04 Ratings
Role-based user permissions
00 Ratings
9.65 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
Dashboards
00 Ratings
8.85 Ratings
Standard reports
00 Ratings
9.25 Ratings
Custom reports
00 Ratings
9.65 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 payable
00 Ratings
9.24 Ratings
Accounts receivable
00 Ratings
9.24 Ratings
Global Financial Support
00 Ratings
9.22 Ratings
Primary and Secondary Ledgers
00 Ratings
9.22 Ratings
Journals and Reconciliations
00 Ratings
8.82 Ratings
Configurable Accounting
00 Ratings
9.22 Ratings
Standardized Processes
00 Ratings
8.01 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 tracking
00 Ratings
9.24 Ratings
Automatic reordering
00 Ratings
10.03 Ratings
Location management
00 Ratings
8.03 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
Pricing
00 Ratings
9.24 Ratings
Order entry
00 Ratings
9.24 Ratings
Credit card processing
00 Ratings
4.51 Ratings
Cost of goods sold
00 Ratings
9.24 Ratings
Order Orchestration
00 Ratings
9.22 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 Management
00 Ratings
8.83 Ratings
Cash and Asset Management
00 Ratings
9.22 Ratings
Travel & Expense Management
00 Ratings
10.02 Ratings
Budgetary Control & Encumbrance Accounting
00 Ratings
10.01 Ratings
Period Close
00 Ratings
9.22 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 Forecasting
00 Ratings
10.01 Ratings
Project Costing
00 Ratings
9.22 Ratings
Cost Capture
00 Ratings
9.22 Ratings
Capital Project Management
00 Ratings
9.22 Ratings
Customer Contract Compliance
00 Ratings
8.01 Ratings
Project Revenue Recognition
00 Ratings
9.22 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 Scheduling
00 Ratings
9.23 Ratings
Task Insight for Project Managers
00 Ratings
8.02 Ratings
Project Mobile Functionality
00 Ratings
8.02 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 Management
00 Ratings
10.01 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 Compared
00 Ratings
8.01 Ratings
Requisitions-to-Purchase Orders Integrated
00 Ratings
8.01 Ratings
Supplier Management
00 Ratings
8.01 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 Management
00 Ratings
9.22 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 Design
00 Ratings
9.23 Ratings
Production Management
00 Ratings
9.23 Ratings
Configuration Management
00 Ratings
8.02 Ratings
Work Execution
00 Ratings
8.02 Ratings
Manufacturing Costs
00 Ratings
9.23 Ratings
Supply Chain
Comparison of Supply Chain features of Quantrix and SAP Business ByDesign
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
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
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
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
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.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
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.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
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.
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
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.
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
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
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.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
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.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
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.