TrustRadius

Temenos Transact - Core Banking vs. Validis

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Temenos Transact - Core Banking
Score 7.0 out of 10
N/A
Swiss company Temenos offers their establishing banking software for corporate and retail banks, as well as other kinds of banks such as those run in accordance to Islamic law, cooperatives, and non-bank community financial institutions. Temenos features a wide swath of bank management features, meant to support larger institutions with multiple locations with maximal task automation and system centralization.N/A
Validis
Score 10.0 out of 10
N/A
Validis in the UK offers a platform for fast and compliant data collection to aid lenders to small businesses in making loan decisions.N/A
Pricing
Temenos Transact - Core BankingValidis
Editions & Modules
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No answers on this topic
Offerings
Pricing Offerings
Temenos Transact - Core BankingValidis
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
Temenos Transact - Core BankingValidis
User Ratings
Temenos Transact - Core BankingValidis
Likelihood to Recommend
8.0
(0 ratings)
10.0
(0 ratings)
User Testimonials
Temenos Transact - Core BankingValidis
Likelihood to Recommend
Due to cloud based solution when I was not in town and want some technical assistance for branch or any financial transaction, it is easy to access it from anywhere plus there is 24/7 reports available. It is easy for development team for new functionalities to implement. There is one down side we experienced that whenever there are largen numbers of user signed in, system get but slow.
Muhammad Adil Mujeeb | TrustRadius Reviewer
Muhammad Adil Mujeeb
T24 Technical Consultant
Read full review
Well suited when the accountant is dealing with large data sets.
Jim Bourke CPA CITP CFF CGMA | TrustRadius Reviewer
Jim Bourke CPA CITP CFF CGMA
Director and Member of the Management Committee
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Pros
  • Payments
  • Retail
  • Corporate
  • Bulk posting
  • 24/7 reports
Muhammad Adil Mujeeb | TrustRadius Reviewer
Muhammad Adil Mujeeb
T24 Technical Consultant
Read full review
  • Normalizes data sets.
  • Building foundational set of audit workpapers.
  • Saves auditors time in manual tasks associated with obtaining data.
Jim Bourke CPA CITP CFF CGMA | TrustRadius Reviewer
Jim Bourke CPA CITP CFF CGMA
Director and Member of the Management Committee
Read full review
Cons
  • Technical documentation
  • High cost
  • slow when many user are logged in
Muhammad Adil Mujeeb | TrustRadius Reviewer
Muhammad Adil Mujeeb
T24 Technical Consultant
Read full review
  • To have access all the features, the cost may be high for a small company.
  • Client support not in French.
PL
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Alternatives Considered
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We selected this software because it has developed the smartest accounting technology available in the market today. It calculates and assembles our data automatically and sends it to our reports with clear, complete, and actionable data we share with our financial partners.
PL
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Return on Investment
  • High number of users
  • Handling bulk posting
  • Payments
Muhammad Adil Mujeeb | TrustRadius Reviewer
Muhammad Adil Mujeeb
T24 Technical Consultant
Read full review
  • Smarter and faster decisions.
  • Drive operational efficiency.
  • Delivering Hight quality and effective audit reports.
  • Auto-calculation of financial ratios.
PL
Read full review
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