Ellucian Banner Finance vs Munispan
Ellucian Banner Finance
ellucian.comMunispan
munispan.comSide by side
| Figure | Ellucian Banner Finance | Munispan |
|---|---|---|
| Price from | £27,916.67/mo | $195/mo |
| Free plan | — | — |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | — |
| Android | Yes | — |
| API | Yes | — |
| Plans published | 2 | 3 |
| Spec score · Accounting software | 8.7 (#7) | 7.7 (#43) |
| Spec score · Fund Accounting Software | 8.6 (#11) | 7.9 (#35) |
| Deployment | cloud | cloud |
| Integrations | Listed integrations include Spend Management powered by Chrome River, Ellucian Analytics, Ellucian Workflow, CRM Advance and Banner Document Management. | The privacy policy names Stripe Connect, Twilio, CivicPet, and website plugins as examples of integrations. |
| 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. | Munispan describes itself as GASB-style fund accounting and municipal software for US towns and villages. |
Plans
Ellucian Banner Finance
- Banner SaaS Platform£335,000 a year
- Ellucian Banner FinancePriced on request
Munispan
- Base platform$195 a month
- Volume modulesPrice not published
- Volume modulesPriced on request
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.