TrustRadius

SAP for Banking vs. Vault by Thought Machine

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
SAP for Banking
Score 8.3 out of 10
N/A
SAP offers banking software, with a wide range of features for customers of retail and commercial banks, featuring mobile and online self-service support, and on the institution side revenue, performance and risk management, along with payment processing and loan management.N/A
Vault by Thought Machine
Score 0.0 out of 10
N/A
N/AN/A
Pricing
SAP for BankingVault by Thought Machine
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
SAP for BankingVault by Thought Machine
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
Community Pulse
SAP for BankingVault by Thought Machine
User Ratings
SAP for BankingVault by Thought Machine
Likelihood to Recommend
6.9
(0 ratings)
-
(0 ratings)
User Testimonials
SAP for BankingVault by Thought Machine
Likelihood to Recommend
SAP [needs] a UI upgrade soon - it is getting difficult to operate, especially when huge transactions are involved. SAP's mobile application however gives easy access to data and we can address and search it when needed. This also helps to provide appropriate information to customers and I can update the transaction details on the go.
Ayush Seth | TrustRadius Reviewer
Ayush Seth
Deputy Manager
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No answers on this topic
Pros
  • Multi Deposit Management
  • Credit & Loan Management
  • Access Live Data
Verified User
Anonymous
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Cons
  • The think and thin ledger handling
  • Regulatory compliance need
Verified User
Anonymous
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Alternatives Considered
Direct banking-related software is not used but within [the] company, SAP is being used to interface with the Banking system.
Verified User
Anonymous
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Return on Investment
  • Robust solution, highly integrated, data protection, immense cyber security as positive.
  • Highly complex to implement, the need [for] high knowledgeable consultants are negative impacts.
  • Expensive for SME banks.
  • High implementation costs.
Verified User
Anonymous
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ScreenShots