Ellucian Banner Finance vs MoneyMinder
Ellucian Banner Finance
ellucian.comMoneyMinder
moneyminder.comSide by side
| Figure | Ellucian Banner Finance | MoneyMinder |
|---|---|---|
| Price from | £27,916.67/mo | $2.08/mo |
| Free plan | — | Yes |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | — | Yes |
| macOS | — | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | — |
| Plans published | 2 | 7 |
| Spec score · Accounting software | 8.7 (#7) | 9.3 (#1) |
| Spec score · Fund Accounting Software | 8.6 (#11) | 9.0 (#7) |
| Documentation | Ellucian publishes previous Banner Finance documentation packages containing PDFs and supporting attachments. | The Help Center exposes topic areas such as getting started, financial years, budgeting and banking, with dozens of step-by-step articles and tutorial videos. |
| Founded | 1986 | 2003 |
| Headquarters | The company lists Reston, Virginia as its corporate headquarters. | Winter Park, Florida, United States |
| Integrations | Listed integrations include Spend Management powered by Chrome River, Ellucian Analytics, Ellucian Workflow, CRM Advance and Banner Document Management. | MoneyMinder connects with more than 12,000 banks and supports PayPal, Square, Stripe, and Venmo; other bank transactions can be imported from OFX, QFX, or QBO files. |
| Purpose | Banner Finance provides higher education institutions with real-time access to financial data, from procurement and accounts payable to sponsored research and endowment management. | MoneyMinder provides bookkeeping and financial management for nonprofits, volunteer treasurers, and small groups. |
| Rating on Capterra | 3.7 out of 5 from 39 reviews | 4.9 out of 5 from 122 reviews |
| What it does | Banner Finance is Ellucian’s higher-education ERP finance system for managing institutional financial information and processes. | MoneyMinder is cloud bookkeeping and financial-management software designed for volunteer nonprofit, club, association, church, HOA and community-group treasurers. |
Plans
Ellucian Banner Finance
- Banner SaaS Platform£335,000 a year
- Ellucian Banner FinancePriced on request
MoneyMinder
- MoneyMinder Free EditionFree
- Free EditionFree
- MoneyMinder FREE EditionFree
- Tax Form E-File: 8868 Extension$25 a year
- Tax Form E-File: 990-N or 990-EZ$99 a year
- MoneyMinder$299 a year
- MoneyMinder Full Edition$299 a year
In their own words
Ellucian Banner Finance
Ellucian Banner Finance is a cloud financial management system for higher education institutions. It covers procurement, general ledger, finance operations, accounts payable, fixed assets, internal stores, journal entries, budget development, sponsored research accounting, endowment management, and accounts receivable. The Research and Grants module supports grant work from initial proposal through project close, consolidates grant information, produces federal reports including the Federal Financial Report, and provides a grants ledger that can operate beyond fiscal year end. Staff can use My Finance Query for spend analysis dashboards, saved queries, and query sharing; My Requisitions to create and track requisitions; and My Journals to manage journal vouchers. Secure mobile access provides financial information and personalized self-service views, alongside web access. Listed integrations include Ellucian Spend Management powered by Chrome River, Ellucian Analytics, Ellucian Workflow, Ellucian CRM Advance, and Banner Document Management. The product also provides higher education financial statement reports for GASB and FASB. Pricing is on request; the product sheet does not list a free plan or trial.
MoneyMinder
MoneyMinder has no write-up on Specifiction yet; its figures are above.