Quantrix vs. SAP Profitability and Performance Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Quantrix
Score 7.4 out of 10
N/A
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…N/A
SAP Profitability and Performance Management
Score 10.0 out of 10
N/A
SAP Profitability and Performance Management promises to help optimize business performance and improve the bottom line. The vendor says key capabilities include: Build, maintain, and utilize sophisticated business and financial models that support multiple allocation methods for costs and revenue, for superior profitability modelling and optimization. Empower finance and business teams with actionable insights from sophisticated models such as profitability and cost…N/A
Pricing
QuantrixSAP Profitability and Performance Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
QuantrixSAP Profitability and Performance Management
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeNo setup feeRequired
Additional DetailsQuantrix Modeler is licensed on a per user subscription basis.
More Pricing Information
Community Pulse
QuantrixSAP Profitability and Performance Management
Top Pros
Top Cons
Features
QuantrixSAP Profitability and Performance Management
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Quantrix
9.3
12 Ratings
9% above category average
SAP Profitability and Performance Management
9.8
2 Ratings
14% above category average
Long-term financial planning9.711 Ratings10.02 Ratings
Financial budgeting9.012 Ratings10.02 Ratings
Forecasting10.012 Ratings10.02 Ratings
Scenario modeling9.012 Ratings9.02 Ratings
Management reporting9.012 Ratings10.02 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Quantrix
8.0
7 Ratings
2% below category average
SAP Profitability and Performance Management
9.7
2 Ratings
17% above category average
Financial data consolidation8.36 Ratings10.01 Ratings
Multi-currency management8.44 Ratings10.02 Ratings
Minority Ownership8.04 Ratings10.01 Ratings
Local and consolidated reporting8.77 Ratings10.01 Ratings
Detailed Audit Trails6.75 Ratings9.02 Ratings
Journal entries and reports00 Ratings9.02 Ratings
Intercompany Eliminations00 Ratings10.01 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Quantrix
9.0
12 Ratings
6% above category average
SAP Profitability and Performance Management
9.4
2 Ratings
11% above category average
Financial Statement Reporting9.010 Ratings10.01 Ratings
Management Reporting9.012 Ratings9.02 Ratings
Automated board and financial reporting9.011 Ratings10.01 Ratings
Excel-based Reporting00 Ratings9.02 Ratings
XBRL support for regulatory filing00 Ratings9.01 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Quantrix
8.5
12 Ratings
5% above category average
SAP Profitability and Performance Management
9.7
2 Ratings
19% above category average
Personalized dashboards8.012 Ratings10.01 Ratings
Color-coded scorecards6.45 Ratings9.01 Ratings
KPIs10.010 Ratings10.02 Ratings
Cost and profitability analysis8.610 Ratings10.02 Ratings
Key Performance Indicator setting10.011 Ratings9.01 Ratings
Benchmarking with external data8.210 Ratings10.02 Ratings
Integration
Comparison of Integration features of Product A and Product B
Quantrix
9.0
12 Ratings
6% above category average
SAP Profitability and Performance Management
9.7
2 Ratings
14% above category average
Flat file integration9.012 Ratings9.02 Ratings
Excel data integration9.012 Ratings10.02 Ratings
Direct links to 3rd-party data sources9.012 Ratings10.02 Ratings
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Quantrix
-
Ratings
SAP Profitability and Performance Management
9.7
1 Ratings
14% above category average
Pixel Perfect reports00 Ratings10.01 Ratings
Customizable dashboards00 Ratings10.01 Ratings
Report Formatting Templates00 Ratings9.01 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Quantrix
-
Ratings
SAP Profitability and Performance Management
9.5
2 Ratings
12% above category average
Drill-down analysis00 Ratings10.02 Ratings
Formatting capabilities00 Ratings9.02 Ratings
Integration with R or other statistical packages00 Ratings10.01 Ratings
Report sharing and collaboration00 Ratings9.01 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Quantrix
-
Ratings
SAP Profitability and Performance Management
9.3
1 Ratings
12% above category average
Publish to Web00 Ratings10.01 Ratings
Publish to PDF00 Ratings9.01 Ratings
Report Versioning00 Ratings9.01 Ratings
Report Delivery Scheduling00 Ratings9.01 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Quantrix
-
Ratings
SAP Profitability and Performance Management
9.7
2 Ratings
22% above category average
Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings10.02 Ratings
Location Analytics / Geographic Visualization00 Ratings9.02 Ratings
Predictive Analytics00 Ratings10.01 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Quantrix
-
Ratings
SAP Profitability and Performance Management
9.7
2 Ratings
10% above category average
Multi-User Support (named login)00 Ratings10.02 Ratings
Role-Based Security Model00 Ratings9.02 Ratings
Multiple Access Permission Levels (Create, Read, Delete)00 Ratings10.02 Ratings
Single Sign-On (SSO)00 Ratings10.02 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Quantrix
-
Ratings
SAP Profitability and Performance Management
9.8
1 Ratings
20% above category average
Responsive Design for Web Access00 Ratings10.01 Ratings
Mobile Application00 Ratings9.01 Ratings
Dashboard / Report / Visualization Interactivity on Mobile00 Ratings10.01 Ratings
Best Alternatives
QuantrixSAP Profitability and Performance Management
Small Businesses
IBM Planning Analytics
IBM Planning Analytics
Score 8.7 out of 10
IBM Planning Analytics
IBM Planning Analytics
Score 8.7 out of 10
Medium-sized Companies
Cube
Cube
Score 8.9 out of 10
Cube
Cube
Score 8.9 out of 10
Enterprises
OneStream
OneStream
Score 8.8 out of 10
OneStream
OneStream
Score 8.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
QuantrixSAP Profitability and Performance Management
Likelihood to Recommend
7.0
(12 ratings)
10.0
(2 ratings)
Usability
8.2
(1 ratings)
-
(0 ratings)
Support Rating
-
(0 ratings)
7.0
(2 ratings)
User Testimonials
QuantrixSAP Profitability and Performance Management
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
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SAP
SAP Profitability and Performance is well suited in an organization/scenario where it aims to grow their profitability and optimize their business performance. It will offer strong financial analytics that are applicable in modern organizations and it will assure improved performance and enable purposeful marketing of your goods/services at prevailing profitable rate.
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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
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SAP
  • Data enrichment (complex joins, lookups, and derivations).
  • Complex allocations and calculations.
  • Operates at a very high speed without disrupting the host HANA environment.
  • Connectivity to BW HANA and BPC.
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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.
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SAP
  • We were forced to train some of our staff a bit as they faced various hurdles before getting familiar with the platform and using it efficiently.
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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.
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SAP
No answers on this topic
Support Rating
Quantrix
No answers on this topic
SAP
We did get excellent support from SAP during our implementation project. We will see about the SAP support over the long term.
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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
Read full review
SAP
No answers on this topic
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.
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SAP
  • Helps us make sound decisions that positively impact our future.
  • Has simplified our financial planning process in our organization.
  • Our portfolio has doubled and grown immensely.
Read full review
ScreenShots

Quantrix Screenshots

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SAP Profitability and Performance Management Screenshots

Screenshot of SAP Profitability and Performance Management offers a user-friendly environment for modeling, analysis and reporting.Screenshot of SAP Profitability and Performance Management Modeling Environment: Allocating Products and Service Costs to Customers.Screenshot of SAP Profitability and Performance Management Modeling Environment: Cost Allocation Flow Diagram.Screenshot of Reporting and Simulation in SAP Profitability and Performance Management: Profitability and Cost Management Report.Screenshot of Reporting dashboard in SAP Profitability and Performance Management.Screenshot of Value and Cost Flow Trace Visualization in SAP Profitability and Performance Management: Value Flow Diagram.