Deluxe Payment Exchange+ vs. QuickBooks Online

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Deluxe Payment Exchange+
Score 8.0 out of 10
Mid-Size Companies (51-1,000 employees)
Deluxe Payment Exchange+ (DPX+) is an integrated payments solution for mid-size businesses that streamlines and automates AP disbursements. This disbursements platform is for companies that send over 250 monthly paper checks, excluding payroll, for recurring payments to suppliers and vendors.N/A
QuickBooks Online
Score 8.3 out of 10
N/A
QuickBooks Online is a SaaS version of the QuickBooks product. It contains all of the features found in the local version. Higher-priced plans include greater automation, payment management, inventory and time tracking, and analytics features.
$38
per month
Pricing
Deluxe Payment Exchange+QuickBooks Online
Editions & Modules
No answers on this topic
Simple Start
$38
per month
Essentials
$75
per month
Plus
$115
per month
Advanced
$275
per month
Offerings
Pricing Offerings
Deluxe Payment Exchange+QuickBooks Online
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsPayment is based on the anticipated number of transactions each month. This includes the cost of sending the selected payment type (as well as postage for Print+Mail payments). There is no set-up fee, and a long-term contract is not required.
More Pricing Information
Community Pulse
Deluxe Payment Exchange+QuickBooks Online
Features
Deluxe Payment Exchange+QuickBooks Online
Payment Management
Comparison of Payment Management features of Product A and Product B
Deluxe Payment Exchange+
8.2
Ratings
8% above category average
QuickBooks Online
-
Ratings
Customizable Approval Policies7.60 Ratings00 Ratings
Payment Status Tracking8.20 Ratings00 Ratings
Electronic Funds Transfer8.80 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Deluxe Payment Exchange+
-
Ratings
QuickBooks Online
8.4
Ratings
8% above category average
Pay calculation00 Ratings7.70 Ratings
Benefit plan administration00 Ratings7.00 Ratings
Direct deposit files00 Ratings9.00 Ratings
Salary revision and increment management00 Ratings9.00 Ratings
Reimbursement management00 Ratings9.50 Ratings
Customization
Comparison of Customization features of Product A and Product B
Deluxe Payment Exchange+
-
Ratings
QuickBooks Online
8.3
Ratings
8% above category average
API for custom integration00 Ratings8.70 Ratings
Plug-ins00 Ratings8.00 Ratings
Security
Comparison of Security features of Product A and Product B
Deluxe Payment Exchange+
-
Ratings
QuickBooks Online
9.7
Ratings
15% above category average
Single sign-on capability00 Ratings9.60 Ratings
Role-based user permissions00 Ratings9.70 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Deluxe Payment Exchange+
-
Ratings
QuickBooks Online
8.1
Ratings
3% above category average
Dashboards00 Ratings8.60 Ratings
Standard reports00 Ratings8.20 Ratings
Custom reports00 Ratings7.60 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Deluxe Payment Exchange+
-
Ratings
QuickBooks Online
8.6
Ratings
10% above category average
Accounts payable00 Ratings9.20 Ratings
Accounts receivable00 Ratings9.40 Ratings
Cash management00 Ratings8.80 Ratings
Bank reconciliation00 Ratings9.10 Ratings
Expense management00 Ratings8.80 Ratings
Time tracking00 Ratings6.90 Ratings
Fixed asset management00 Ratings8.20 Ratings
Multi-currency support00 Ratings7.00 Ratings
Multi-division support00 Ratings9.20 Ratings
Regulations compliance00 Ratings9.30 Ratings
Electronic tax filing00 Ratings9.40 Ratings
Self-service portal00 Ratings8.80 Ratings
Global Financial Support00 Ratings8.20 Ratings
Primary and Secondary Ledgers00 Ratings8.70 Ratings
Intercompany Accounting00 Ratings8.80 Ratings
Localizations00 Ratings8.20 Ratings
Journals and Reconciliations00 Ratings9.40 Ratings
Enterprise Accounting00 Ratings8.20 Ratings
Configurable Accounting00 Ratings7.80 Ratings
Centralized Rules Framework00 Ratings8.40 Ratings
Standardized Processes00 Ratings8.50 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Deluxe Payment Exchange+
-
Ratings
QuickBooks Online
7.5
Ratings
2% above category average
Inventory tracking00 Ratings8.00 Ratings
Automatic reordering00 Ratings7.00 Ratings
Location management00 Ratings8.20 Ratings
Manufacturing module00 Ratings7.00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Deluxe Payment Exchange+
-
Ratings
QuickBooks Online
8.4
Ratings
8% above category average
Pricing00 Ratings8.00 Ratings
Order entry00 Ratings8.00 Ratings
Credit card processing00 Ratings8.60 Ratings
Cost of goods sold00 Ratings9.30 Ratings
Order Orchestration00 Ratings8.00 Ratings
End-to-end order visibility00 Ratings9.00 Ratings
Order exception Resolution00 Ratings8.00 Ratings
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User Ratings
Deluxe Payment Exchange+QuickBooks Online
Likelihood to Recommend
8.4
(0 ratings)
8.8
(0 ratings)
Likelihood to Renew
-
(0 ratings)
1.9
(0 ratings)
Usability
8.3
(0 ratings)
8.8
(0 ratings)
Availability
-
(0 ratings)
2.0
(0 ratings)
Performance
-
(0 ratings)
1.0
(0 ratings)
Support Rating
-
(0 ratings)
1.1
(0 ratings)
Implementation Rating
-
(0 ratings)
3.0
(0 ratings)
Configurability
-
(0 ratings)
10.0
(0 ratings)
Ease of integration
-
(0 ratings)
1.3
(0 ratings)
Product Scalability
-
(0 ratings)
1.0
(0 ratings)
Vendor post-sale
-
(0 ratings)
1.0
(0 ratings)
Vendor pre-sale
-
(0 ratings)
1.0
(0 ratings)
User Testimonials
Deluxe Payment Exchange+QuickBooks Online
Likelihood to Recommend
Deluxe works great for us as we have a decent number of payments that go through them. I believe it would not be efficient for a smaller company who did not receive a lot of checks or electronic payments. Our volume warrants outsourcing of payment processing as it saves us a lot of time in-house. I would weigh the costs of the service against the time and payroll it costs your company.
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I appreciate the ability to auto-generate invoices for recurring transactions, which saves time, as well as the option to set up auto-generated transactions. The report option is super helpful when reviewing information, as you can click to view the details in the report without having to go back and forth.
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Pros
  • allows check signors to sign checks when they are traveling
  • allows vendors to received payment same day
  • eliminates the need to mail payments via snail mail
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  • It enables me to do a P&L for each specific program as requested by the county for the grant money that they give us.
  • It enables me to do [an] organizational budget as well as a budget for each specific program
  • It enables the accountant and the auditor access at any time for transparency
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Cons
  • the ability to set up multiple check signatures depending on who is signing the check
  • Deluxe Payment Exchange+ to sell check blanks that we could use if we want to have the check emailed back to the company and print out a paper check
  • More space on payee line
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  • Purchase Orders cannot be linked to multiple bill payments which makes tracking purchase orders in QuickBooks Online obsolete. Without the function we have to track this within a different more manual spreadsheet.
  • Would be helpful if you could "split" bank transactions directly from the "review" downloads from the bank. Currently, to split transactions to multiple accounts we need to first categorize, then review after assigning to 1 account.
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Likelihood to Renew
No answers on this topic
QBO needs better integration with non-Intuit products and developers need to use Intuit's open API to develop better add-ons. Clients are having a great deal of problems with their data importing from the bank and this takes time away from better revenue producing activities. Although the efficiencies are there, they are outweighted by the shortcomings of the product. When we ran a parallel of QBO versus other cloud accounting products, we had more issues with the QBO product than any other
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Usability
They have a great implementation team that was able to answer all our questions and meet all of our needs. It was a very smooth process to get going. The websites that we use for the payments are user-friendly. Everything happens in a timely manner, check payments are processed throughout the day and do not sit around untouched. I feel that they do a good job.
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I had very little trouble setting up the program and migrating from our old accounting system. The daily usage is also very intuitive and easy. Anytime we run into minor trouble with the program, there are always tons of help available on YouTube, so we don't even look up the online manual anymore.
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Reliability and Availability
No answers on this topic
We have rarely had outages in the last 10 years. I can only recall 2 times in the last 10 years where we were not able to access our client files.
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Performance
No answers on this topic
Everything process has its bugs lately with the new interface. Nothing has worked smoothly since this all began last month.
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Support Rating
No answers on this topic
In my experience, most representatives keep me on the phone for hours, literally, for a single issue and then usually cannot resolve it satisfactorily. I have 10 open cases that need resolution and, in my experience, there has been NO follow-up communication on any of them.
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Implementation Rating
No answers on this topic
The person in charge of QB needs to be very accurate with record keeping and is recommended to stay on top of tasks. The biggest issue we have is reconciliation, and those issues occur only when too much time has occurred between reconciliations
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Alternatives Considered
It was used as an alternate app as it user friendly and has similar cost compared to Plooto. Also it offers most of the features that Plooto is offering. But Plooto is useful for small businesses which Deluxe Payment Exchange+ is missing the needs of organizations with less transactions.
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QuickBooks Online is an accounting software package that allows companies to use a cost-effective and efficient software package. QuickBooks Online allows companies to prepare their balance sheets and income statements. It connects with a variety of other applications, which allows you to be efficient. We are very pleased with QuickBooks Online, and we would highly recommend it.
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Scalability
No answers on this topic
As we have grown along our professional path, we have also expanded our use of QB. The scalability is easy and features seem to be waiting for you until you need them. We have increased profits by over 10x from our first year in business to the current and have yet to find a reason to look elsewhere
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Return on Investment
  • It's allowed company growth with the need for extra accounts staff
  • Allowed for easier payment management on the go
  • Gone a good way to pay for itself on extra staff and resources not needed
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  • I think the help function is cumbersome and hard to use. When I go to refresh myself on a function, say quarterly, I feel like I have to cast about just looking for it.
  • The account reconciliation works, but in this place that could benefit from messaging, there are no easy helping functions flagging things like amounts that fit the discrepancy.
  • Even styling invoices and documents is more cumbersome than it should be.
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ScreenShots

Deluxe Payment Exchange+ Screenshots

Screenshot of Payee choices in Deluxe Payment Exchange+

QuickBooks Online Screenshots

Screenshot of the accounting and bank transactions interfaceScreenshot of an overview of the accounting inventoryScreenshot of book marksScreenshot of the business tax overviewScreenshot of the customer hubScreenshot of the dashboard