Ellucian Banner Finance vs Sumac
Ellucian Banner Finance
ellucian.comSumac
societ.comSide by side
| Figure | Ellucian Banner Finance | Sumac |
|---|---|---|
| Price from | £27,916.67/mo | $179/mo |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | — | Yes |
| macOS | — | Yes |
| iOS | Yes | — |
| Android | Yes | — |
| API | Yes | — |
| Self-hosted | — | Yes |
| Plans published | 2 | 1 |
| Spec score · Accounting software | 8.7 (#7) | 7.3 (#54) |
| Spec score · Fund Accounting Software | 8.6 (#11) | 7.4 (#52) |
| Headquarters | The company lists Reston, Virginia as its corporate headquarters. | Canada and the United States |
| Integrations | Listed integrations include Spend Management powered by Chrome River, Ellucian Analytics, Ellucian Workflow, CRM Advance and Banner Document Management. | The maker lists integrations with QuickBooks Online, Sage, FreshBooks, Mailchimp, Constant Contact, Google Calendar, Gmail, iATS, Stripe, PayPal, and Moneris (with PayPal and Moneris available in limited capacities). |
| Mobile access | The product provides secure mobile access to financial information and personalized self-service views via mobile devices. | The Sumac Case Portal lets caseworkers access and update client records, manage cases, schedule meetings, and document case notes from anywhere. |
| 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. | Sumac is customizable case management software for nonprofits, designed to manage client intake, services, care, and reporting. |
Plans
Ellucian Banner Finance
- Banner SaaS Platform£335,000 a year
- Ellucian Banner FinancePriced 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.