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Compare Finacle and Temenos Transact

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At a Glance
Finacle
Finacle
Star Rating
(35)4.1 out of 5
Market Segments
Enterprise (73.5% of reviews)
Information
Entry-Level Pricing
No pricing available
Learn more about Finacle
Temenos Transact
Temenos Transact
Star Rating
(69)4.5 out of 5
Market Segments
Enterprise (56.7% of reviews)
Information
Entry-Level Pricing
No pricing available
Learn more about Temenos Transact
AI Generated Summary
AI-generated. Powered by real user reviews.
  • Users report that Finacle excels in its comprehensive core banking features, particularly highlighting the "Omni-channel Banking" capability, which allows seamless customer interactions across various platforms.
  • Reviewers mention that Temenos Transact shines in its user-friendly interface, with many users appreciating the "Configurable Workflows" feature that simplifies the customization of banking processes.
  • G2 users indicate that while both products have strong support, Finacle's "Customer Support" is rated slightly lower, with some users expressing concerns about response times compared to Temenos Transact, which has received praise for its "Proactive Support" approach.
  • Users on G2 highlight that Temenos Transact has a more favorable "Ease of Admin" score, with reviewers noting that its administration tools are more intuitive, making it easier for IT teams to manage the system.
  • Reviewers say that Finacle's "Product Direction" is viewed positively, with many users feeling confident in the ongoing development and enhancements, while Temenos Transact's direction is seen as stable but less innovative according to some user feedback.
  • Users report that both products meet requirements effectively, but Temenos Transact edges out slightly with a higher score in "Ease of Use," as many users find its navigation and overall user experience more straightforward compared to Finacle.
Featured Products
Pricing
Entry-Level Pricing
Finacle
No pricing available
Temenos Transact
No pricing available
Free Trial
Finacle
No trial information available
Temenos Transact
No trial information available
Ratings
Meets Requirements
8.6
26
8.7
41
Ease of Use
8.4
26
8.8
43
Ease of Setup
Not enough data
8.3
21
Ease of Admin
7.0
5
8.7
21
Quality of Support
8.1
26
8.3
42
Has the product been a good partner in doing business?
8.3
5
8.7
21
Product Direction (% positive)
9.0
23
8.4
36
Categories
Categories
Shared Categories
Finacle
Finacle
Temenos Transact
Temenos Transact
Finacle and Temenos Transact are categorized as Core Banking
Unique Categories
Finacle
Finacle has no unique categories
Temenos Transact
Temenos Transact has no unique categories
Reviews
Reviewers' Company Size
Finacle
Finacle
Small-Business(50 or fewer emp.)
2.9%
Mid-Market(51-1000 emp.)
23.5%
Enterprise(> 1000 emp.)
73.5%
Temenos Transact
Temenos Transact
Small-Business(50 or fewer emp.)
13.4%
Mid-Market(51-1000 emp.)
29.9%
Enterprise(> 1000 emp.)
56.7%
Reviewers' Industry
Finacle
Finacle
Banking
79.4%
Accounting
8.8%
Information Technology and Services
5.9%
Financial Services
2.9%
Computer Software
2.9%
Other
0.0%
Temenos Transact
Temenos Transact
Banking
79.1%
Computer Software
6.0%
Information Technology and Services
4.5%
Government Administration
3.0%
Staffing and Recruiting
1.5%
Other
6.0%
Most Helpful Reviews
Finacle
Finacle
Most Helpful Favorable Review
Keshav S.
KS
Keshav S.
Verified User in Banking

Easy and fast interface, the User interface is very friendly for bankers which helps you a lot, it helps you with Cloud-based banking, easily trackable reports of my clients, and it is helping me analyze the banking behaviour of clients.

Most Helpful Critical Review
Verified User
G
Verified User in Banking

There are limitations in terms of collateral management, there is no workflow in the solution and this has to be solved to be considered a full fledge 360 degree solution

Temenos Transact
Temenos Transact
Most Helpful Favorable Review
Ahmed Ezzeldin H.
AH
Ahmed Ezzeldin H.
Verified User in Banking

Reports system generate more useful it's really give more details in summary report

Most Helpful Critical Review
Verified User
G
Verified User in Banking

Not friendly at all and not straightforward

Alternatives
Finacle
Finacle Alternatives
Flinks
Flinks
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Avaloq
Avaloq
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FusionBanking
FusionBanking
Add FusionBanking
MX
MX
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Temenos Transact
Temenos Transact Alternatives
Flinks
Flinks
Add Flinks
MX
MX
Add MX
Avaloq
Avaloq
Add Avaloq
FusionBanking
FusionBanking
Add FusionBanking
Discussions
Finacle
Finacle Discussions
Which banks use Finacle software?
1 comment
Ramkumar R.
RR
Canara Bank, Indian Bank, IDBI BankRead more
What database does Finacle use?
1 comment
Umesh W.
UW
Relational Database Management Software (RDBMS) of OracleRead more
Is Finacle an ERP system?
1 comment
Mahendra Singh P.
MP
Yes it helps in managing and making best utilisation of workforceRead more
Temenos Transact
Temenos Transact Discussions
What are the modules in T24?
2 comments
AA
all the banking modules can be found in T24Read more
ANY NEW VERSION OR UPDATES FOR THE PROGRAM ?
1 comment
Jose G.
JG
It has major releases year after year R19,R20, R21, etcRead more
Monty the Mongoose crying
Temenos Transact has no more discussions with answers