QuickBooks Self-Employed vs. SAP S/4HANA Cloud

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
QuickBooks Self-Employed
Score 9.1 out of 10
N/A
N/AN/A
SAP S/4HANA Cloud
Score 8.4 out of 10
N/A
SAP S/4HANA Cloud is a modular cloud ERP software designed for every business need – powered by AI and analytics. SAP S/4HANA Cloud enables users to run mission-critical operations in real time from anywhere, introduce new business models in an industry, and expand globally. It can be deployed either on premise, in the cloud, or in a hybrid combination for quicker time-to-value.
$0
per month FUE users*
Pricing
QuickBooks Self-EmployedSAP S/4HANA Cloud
Editions & Modules
No answers on this topic
SAP S/4HANA Cloud
Custom Pricing
per month FUE users*
Offerings
Pricing Offerings
QuickBooks Self-EmployedSAP 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
QuickBooks Self-EmployedSAP S/4HANA Cloud
Top Pros

No answers on this topic

Top Cons

No answers on this topic

Features
QuickBooks Self-EmployedSAP S/4HANA Cloud
Payroll Management
Comparison of Payroll Management features of Product A and Product B
QuickBooks Self-Employed
7.8
3 Ratings
4% above category average
SAP S/4HANA Cloud
7.7
249 Ratings
7% above category average
Pay calculation10.02 Ratings7.4209 Ratings
Benefit plan administration5.02 Ratings7.3212 Ratings
Direct deposit files8.03 Ratings7.4210 Ratings
Salary revision and increment management8.02 Ratings00 Ratings
Reimbursement management8.03 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
QuickBooks Self-Employed
10.0
5 Ratings
35% above category average
SAP S/4HANA Cloud
7.3
364 Ratings
1% above category average
API for custom integration10.04 Ratings7.3349 Ratings
Plug-ins10.04 Ratings7.2320 Ratings
Security
Comparison of Security features of Product A and Product B
QuickBooks Self-Employed
10.0
8 Ratings
22% above category average
SAP S/4HANA Cloud
8.3
419 Ratings
2% above category average
Single sign-on capability10.08 Ratings8.5392 Ratings
Role-based user permissions10.05 Ratings8.0412 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
QuickBooks Self-Employed
10.0
14 Ratings
27% above category average
SAP S/4HANA Cloud
7.4
423 Ratings
6% above category average
Dashboards10.012 Ratings7.2393 Ratings
Standard reports10.014 Ratings7.6417 Ratings
Custom reports10.08 Ratings7.3390 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
QuickBooks Self-Employed
10.0
15 Ratings
30% above category average
SAP S/4HANA Cloud
8.3
417 Ratings
8% above category average
Accounts payable10.09 Ratings8.1415 Ratings
Accounts receivable10.010 Ratings8.0397 Ratings
Cash management10.09 Ratings00 Ratings
Bank reconciliation10.010 Ratings00 Ratings
Expense management10.014 Ratings00 Ratings
Time tracking10.07 Ratings00 Ratings
Fixed asset management10.04 Ratings00 Ratings
Multi-currency support10.02 Ratings00 Ratings
Multi-division support10.02 Ratings00 Ratings
Regulations compliance10.03 Ratings00 Ratings
Electronic tax filing10.013 Ratings00 Ratings
Self-service portal10.08 Ratings00 Ratings
Global Financial Support10.02 Ratings00 Ratings
Primary and Secondary Ledgers10.02 Ratings00 Ratings
Intercompany Accounting10.03 Ratings00 Ratings
Localizations10.03 Ratings00 Ratings
Journals and Reconciliations10.06 Ratings00 Ratings
Enterprise Accounting10.02 Ratings00 Ratings
Configurable Accounting10.04 Ratings00 Ratings
Centralized Rules Framework10.03 Ratings00 Ratings
Standardized Processes10.05 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
QuickBooks Self-Employed
10.0
3 Ratings
35% above category average
SAP S/4HANA Cloud
7.9
363 Ratings
1% above category average
Inventory tracking10.03 Ratings8.2354 Ratings
Automatic reordering10.03 Ratings7.8309 Ratings
Location management10.03 Ratings7.0298 Ratings
Manufacturing module10.02 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
QuickBooks Self-Employed
10.0
5 Ratings
30% above category average
SAP S/4HANA Cloud
8.0
379 Ratings
3% above category average
Pricing10.04 Ratings7.9359 Ratings
Order entry10.04 Ratings8.5368 Ratings
Credit card processing10.05 Ratings7.423 Ratings
Cost of goods sold10.03 Ratings8.1348 Ratings
Order Orchestration10.02 Ratings00 Ratings
End-to-end order visibility10.03 Ratings00 Ratings
Order exception Resolution10.02 Ratings00 Ratings
Best Alternatives
QuickBooks Self-EmployedSAP S/4HANA Cloud
Small Businesses
Dext Prepare (with Receipt Bank)
Dext Prepare (with Receipt Bank)
Score 9.1 out of 10
Acumatica
Acumatica
Score 8.7 out of 10
Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Infor VISUAL
Infor VISUAL
Score 7.2 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.1 out of 10
SAP Business ByDesign
SAP Business ByDesign
Score 7.4 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
QuickBooks Self-EmployedSAP S/4HANA Cloud
Likelihood to Recommend
10.0
(15 ratings)
8.5
(480 ratings)
Likelihood to Renew
10.0
(1 ratings)
8.9
(9 ratings)
Usability
9.4
(2 ratings)
8.1
(373 ratings)
Availability
-
(0 ratings)
10.0
(2 ratings)
Performance
-
(0 ratings)
8.0
(1 ratings)
Support Rating
10.0
(2 ratings)
8.4
(75 ratings)
Online Training
-
(0 ratings)
9.0
(1 ratings)
Implementation Rating
-
(0 ratings)
7.3
(4 ratings)
Configurability
-
(0 ratings)
8.0
(1 ratings)
Ease of integration
-
(0 ratings)
6.0
(1 ratings)
Product Scalability
-
(0 ratings)
10.0
(1 ratings)
Vendor post-sale
-
(0 ratings)
7.0
(1 ratings)
Vendor pre-sale
-
(0 ratings)
6.0
(1 ratings)
User Testimonials
QuickBooks Self-EmployedSAP S/4HANA Cloud
Likelihood to Recommend
Intuit
QuickBooks is a great tool for new SoleTraders that need basic accounting software and require digital invoicing for their clients to send via email and access key features via a mobile app on the go. QuickBooks is a straightforward tool to use with a simple design and learning curve for business owners that are not very tech-savvy. For businesses that operate on a larger scale and need to provide access to other users on their team, QuickBooks is limited. This type of business may also require more insights into the business outside of accounting, and QuickBooks won't be able to supply insights outside of that.
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SAP
SAP S/4HANA Cloud leverages an in-memory database, allowing for real-time data processing and analytics. This enables organizations to make informed decisions based on up-to-the-minute information S/4HANA Cloud integrates various business modules, including finance, procurement, sales, manufacturing, and supply chain. This integration facilitates seamless data flow across different functional areas
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Pros
Intuit
  • QuickBooks Self-Employed does keep a running total of your income and estimated taxes. Of course, this requires that your entries are accurate.
  • The mileage feature is particularly helpful. One just needs to either use the phone app in conjunction with QuickBooks Self-Employed, or keep a log of all mileage.
  • When tax time comes around, it's easy to use TurboTax software and import your data from QuickBooks.
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SAP
  • Complete production cycle, right from planning to final product manufacturing.
  • Keeping all documents in one place, with ability to upload important stuff against the particular entries.
  • Maintain trail of any changes made to data, validations at the right places and methodological working of each process
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Cons
Intuit
  • Doesn't integrate with Mint, which I use for my home expenses. I think this would be a nice addition to the program, so I could keep track of my whole financial situation.
  • A Windows 10 app would be a nice addition to the program, so I could access it securely from my desktop.
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SAP
  • The complex integration we have with ERPs make it difficult to move or upgrade to SAP S4 HANA. Reimplementing all integrations and not impact business is a challenge
  • Requires a lot of tedious testing so that no role or function is impacted
  • Very time consuming to implement or upgrade. For large corporations it would take years to slowly migrate to S4HANA
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Likelihood to Renew
Intuit
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
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Usability
Intuit
I have been using this software for several years now and it has always put out my data in beautiful generated reports that I can use for verification purposes with my financial institute and the IRS. It has all the tools I need to run my business without loosing track of anything
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SAP
Modern User Interface:
The system features a contemporary and visually appealing interface, promoting a more engaging user experience.
Role-Based Access:
Users access role-specific dashboards and functionalities, ensuring a personalized experience tailored to their responsibilities.
Intuitive Navigation:
Streamlined menus and navigation paths contribute to an intuitive user experience, reducing the learning curve for new users.
Responsive Design:
The platform is designed to be responsive across various devices, allowing users to access information and perform tasks on desktops, tablets, or mobile devices
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Support Rating
Intuit
I have never faced any difficulties that required me to contact QuickBooks customer service. QuickBooks has plenty of online tutorials, blog posts, and helpful tips and advice for almost any issues you may face using the desktop or app version of the software. Even if you can not find the right answer on the QuickBooks webpages, there are loads of YouTube videos from experts.
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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.
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Implementation Rating
Intuit
No answers on this topic
SAP
Implementation was as expected. We had minor issues with our Z* transactions, but nothing special. Some tables were extended and needed regeneration. Overall satisfactions is good.
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Alternatives Considered
Intuit
FreshBooks limited my ability to categorize transactions, specifically removing duplicates or excluding them. I selected QuickBooks Self-Employed because it allowed me to be in control of items. Sometimes accounting is just making sure things are organized the way YOU think, and FreshBooks wasn't doing that for me.
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SAP
In our quest for an ERP solution, we evaluated alternatives such as Oracle ERP Cloud and Microsoft Dynamics 365. However, SAP S/4HANA Cloud's reputation for advanced analytics, scalability, and seamless integration with other SAP solutions made it the natural choice for our organization's digital journey.
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Return on Investment
Intuit
  • Overall, tagging expenses and mileage has saved me thousands in taxes, for a relatively low cost of around $8/mo.
  • QuickBooks allows me to get invoices to clients quickly and accept online payments, which helps with cashflow.
  • The app has stopped tracking mileage automatically on my device, so I worry that sometimes I am not tracking business miles effectively, which could end up costing me at the EOY.
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SAP
  • Cost Savings and Lower Total Cost of Ownership (TCO):
  • While the initial implementation costs might be significant, the centralized data management and automation features can lead to cost savings over time. This might be achieved through reduced manual labor, better inventory control, optimized procurement processes, and streamlined operations, resulting in a lower TCO.
  • Better Visibility and Compliance:
  • The system's ability to offer comprehensive data visibility can enhance compliance efforts, mitigating risks and ensuring adherence to regulatory requirements. This can lead to reduced fines or penalties related to non-compliance issues.
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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.