Compare Toolhound and Velocity LBM - Oct 2022

Shlomi Lavi

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .

Bottom Line: Which is Better - Toolhound or Velocity LBM?

Toolhound is more expensive to implement (TCO) than Velocity LBM, and Toolhound is rated higher (92/100) than Velocity LBM (80/100). Both tools offer the same amount of features.

Looking for the right Inventory Management solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Toolhound Vs. Focus Information Systems

Toolhound: ToolHound provides a powerful Tool and Equipment Management System that allows construction, maintenance and repair organizations to gain control of their tool and equipment inventory. ToolHound helps companies of all sizes maximize tool and equipment utilization and improve productivity by ensuring the right tool is in the right place when it is n...

Focus Information Systems: Focus Information Systems (www.focusinformationsystems.com) is a leading software solutions provider for the Lumber, Building Material, and Millwork industries. The dedicated experts at Focus Information Systems specialize in providing industry specific solutions enabling our clients to gain immediate benefits in better management of their business...

Who is more expensive? Toolhound or Velocity LBM?

The real total cost of ownership (TCO) of Inventory Management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Toolhound and Velocity LBM.

Toolhound accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Toolhound is rated 4, which is lower than the average cost of Inventory Management software. Velocity LBM accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Toolhound is rated 4, which is lower than the average cost of Inventory Management software.

Bottom line: Toolhound cost is around the same cost of Velocity LBM.

Which software includes more/better features?

We've compared Toolhound Vs. Velocity LBM based on some of the most important and required Inventory Management features.

Toolhound: Data Import/Export, Basic Reports, Online Customer Support.

Velocity LBM: Data Import/Export, Basic Reports, Online Customer Support.

Target customer size

Customers of the software include businesses of all sizes and a wide range of types. and Velocity LBM's target customer size include: SMBs.