Compare Velocity LBM and Foundation - Oct 2022

Shlomi LaviShlomi Lavi / Oct 01, 2022

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

Foundation is more expensive to implement (TCO) than Velocity LBM, and Foundation is rated higher (93/100) than Velocity LBM (80/100). Both tools offer the same amount of features.

Looking for the right Construction 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:

Focus Information Systems Vs. Foundation Software

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...

Foundation Software: Established in 1985, Foundation Software is the author and developer of America's #1 construction accounting software, FOUNDATION for Windows. Our dedicated staff of professionals has assisted thousands of construction companies across America with the improvement of their businesses’ accounting, job costing, and financial management.One of the ...

Who is more expensive? Velocity LBM or Foundation?

The real total cost of ownership (TCO) of Construction 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 Velocity LBM and Foundation.

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

Bottom line: Foundation is more expensive than Velocity LBM.

Which software includes more/better features?

We've compared Velocity LBM Vs. Foundation based on some of the most important and required Construction features.

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

Foundation: Document Management, Scheduling, Costing.

Target customer size

Velocity LBM's typical customers include: SMBs, Since it’s for the construction industry, it’s an ideal choice for contractors.

Velocity LBM

ITQlick rating
(4.9/5)

Velocity LBM software is a Windows-based lumber and building materials software that is built on SAP Business One platform. SAP Business One offers an integrated platform that is tailored to meet the needs of s...

Categories: Building, Construction, Product Roadmap.

Foundation

ITQlick rating
(4.2/5)

FOUNDATION software is construction accounting that incorporates job costing, scheduling, and project management tools and that is deployed through on-premise or through the cloud. This platform provides numero...

Categories: Concrete Cost Estimating, Construction Accounting & Job Costing, Construction Apps, Construction Project Scheduling, Electrician Apps.

Compare specifications

Compare features

Velocity LBM: 3 Features

Data Import/Export
Basic Reports
Online Customer Support

Foundation: 3 Features

Document Management
Scheduling
Costing
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Velocity...
ITQlick rating
4.9/5
Score
80/100
Pricing
4.8/10
License pricing
Pricing not available
Functionality
6
Compare
Foundation
ITQlick rating
4.2/5
Score
93/100
Pricing
8.6/10
License pricing
Pricing not available
Functionality
17
Procore
ITQlick rating
4.5/5
Score
99/100
Pricing
2/10
License pricing
$667 per month
Functionality
33
PlanGrid
ITQlick rating
4.6/5
Score
98/100
Pricing
2.6/10
License pricing
$39 per user/month
Functionality
16
BuilderTREND
ITQlick rating
4.5/5
Score
97/100
Pricing
2/10
License pricing
$99 per month
Functionality
31

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.