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Pricing Guide - Engineering construction Software:
Engineering Software Pricing
Businesses looking for Engineering software can expect to pay between $120 to $200 per month. Note that many products are priced per user, per month, so a company planning to deploy software with up to 10 user accounts should expect to pay around $1,500 per month if the software costs $150. Alternatively, some manufacturing software are priced on a per-year basis. For example, PINpoint is priced at $2,000 per user, per year, while Infor CloudSuite Industrial costs $150 monthly per user. Others are SAP Business ByDesign, which costs $149 monthly per user, and Work Instruction Software pricing is around $850 monthly per 15 users.
Also, manufacturing tools in the market can have their prices set based on business size, and some products are specifically designed to serve some sizes of business more.
- Small Businesses should expect prices that range from $25 to $40 per user per month for manufacturing software. However, many products offer their entry-level package for free for small businesses, although with limited features. Some products within this price range are Pronest and Compass & HQ, which both cost $30 per user monthly each. However, some products can be bought perpetually; an example is DBA manufacturing, which requires a one-time fee of $2,000.
- Medium Businesses can expect to pay between $40 to $100 per user, per month for manufacturing software, depending on the robustness of the chosen products features. For example, Omono costs around $45 per user, per month and ERPAG pricing is around $50 monthly per user. Enterprise 21 ERP Package is priced at around $3,500 for a lifetime usage per user.
- Large Businesses can expect to pay between $120 to $200 per user per month for a manufacturing software enterprise plan. An enterprise plan comes with more features, and the prices are adjusted and discounted based on the size of an organization workforce. However, the above price range may not include fees for installation/setup and training. For instance, Dozuki costs $199 per user per month, Infor M3 $150 monthly per user, and Frepple offers a one-time fee of $5,000 for unlimited user accounts.
Engineering software best of breeds and their price ranges are as follows:
- Production Scheduling Software
For production scheduling software, users can expect to pay a price that ranges from $10 to $50 and $50 to $150 monthly per user for entry-level offerings. Premium and enterprise offerings of production scheduling software cost between $500 to $1,000 per user, per month. For example, Monday.com pricing starts from $8 monthly per user, Katana costs $100 monthly per user, and MIE Track Pro costs $150 per user. For higher tier products, Optessa costs $5,000 monthly per 5 users, Master Control Manufacturing costs up to $1,000 monthly, and Prodsmart $1,000 monthly for unlimited user entries.
- Manufacturing Execution Software
Many manufacturing software in the market have a one-time fee, while many others have undisclosed fees because they have to be adjusted to suit each organization needs. However, users can expect to pay between $30 to $200 monthly per user for manufacturing and executing products with monthly pricings. For example, Upkeep pricing starts from $35 monthly per user, while Realtrac costs $170 monthly per user. On the other hand, Fishbowl costs $4,500, and Shopkeeper System Jobs Control costs $7,500— both for perpetual licenses.
- MRP Software
Users can expect to pay between $25 and $100 upwards per user, per month for an MRP software; however, the prices largely depend on the tier of products and the robustness of their features. For instance, Odoo pricing starts from $25 monthly per user, Xtuple and Abas ERP pricing starts from $150 each per user per month, and WhereFour costs around $400 monthly for a number of users.
- Quality Management
Most quality management products in the market are priced on a per-user, per month basis. Their prices range from $10 and $50 upwards. These ranges are based on the tier of the products and their starting prices. For example, TRACKMEDIUM pricing starts from around $11 monthly per user, ISO Quality Management costs up to $10 monthly per user, and QualityKick pricing sits around $1,000 yearly per user.
A Buyer's Guide to Engineering construction Solutions
Construction Software Buyer’s Guide
The construction business can be considered as one of the busiest industry (if not the biggest market) in history. From commercial, industrial, and residential sector, construction has been tirelessly providing solutions in building the infrastructures that stand against the test of time. Construction companies, millions of them, are absolutely needed for the development of any country.
The requirement for sophistication, robustness, and cost-efficiency from construction companies by many businesses, governments and private corporations has been a rising global demand over the last five decades. And while the search for highly skilled and talented project managers, construction managers, design engineers, construction engineers and project architects keeps on going, so is the need for the tools that will facilitate the proper execution of every construction project from ground to the top. The truth is that the right solution has already been invented quite a long time ago – the construction software. However, the challenge today to every construction business owner is to find the right software solution that will manage the programs, processes and information necessary to perform the various tasks in assembling the structures or infrastructures of this modern world. Everybody knows that it’s not easy job. That’s why we here from ITQlick.com have prepared and published this Buyer’s Guide which we believe will help every organization in line with the construction business in finding the right software solution.
Types
Construction Management Software or simply Construction Software solutions come in various forms, specifications, and packages. Construction estimating, construction project management, and field management, which are commonly encountered terms in this industry, are all under the umbrella of construction management. The extent of a construction software solution is wider than one might think of and it basically covers the following areas.
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Project planning
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Financial budgeting
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Accounting
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Human resources planning
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Inventory management
Big solutions provider like SAP and Oracle further extends the span of their offered construction software packages to the real estate industry, more specifically in the management of assets and leases in a real estate portfolio. Relevant to this, here is the range of applications (which can be purchased either as an integrated or stand-alone application) that are included in a construction software solution.
Project Management
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Project Portfolio Management
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Planning and Scheduling
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Project Execution
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Contract Management
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Project Financials
Subcontractor and Supplier Management
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Supplier Planning and Contracting
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Subcontractor Management
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Expediting & Tracking
Resource Management
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Procure to Pay with Landed Cost Determination
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Stock Transfer Order
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Returns Processing
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Reservation Processing
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Workforce Management
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Equipment and Tool Management
Real Estate Operations
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Asset Portfolio
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Lease Management
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Common Area Management
Facility Operations
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Contract and Service Level Management
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Service Delivery and Operations
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Infrastructure Management
Planning and Business Development
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Real Estate Portfolio Management
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Marketing and Sales
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SMS Gateway for Real Estate Sales
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Marketing, Sales Reservation, Billing & Collection
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Commission Computation
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Opportunity Management
Financial Accounting
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General Ledger
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Accounts Payable
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Accounts Receivable
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Asset Accounting
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BIR Forms and Reports
Controlling
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Profit Center Accounting
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Cost Center Accounting
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Internal Order
Cash Management
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Cash Position
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Liquidity Forecast
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Manual and Electronic Bank Statement
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Check Warehousing
Business Intelligence
Features
An end-to-end construction software solution is one that manages all aspects of a construction project - big or small, local or offshore, in a harsh environment or not. In this respect, a solution that has all the features necessary to accomplish the project is of vital importance. What features of the solution can help your organization? What specific areas are these features intended for? These are just some of the questions that a buyer like you should provide intelligent answers with before implementing the solution in the construction battlefield.
From general to specific, and with the guidance of a construction expert, here are the features to check in a construction software solution.
Design and Construction Documents
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RFIs
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Submittals
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Change Orders
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Extra Work Orders
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Design Clarification Memos
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Quality Inspections
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Punch Lists
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Memos
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Daily Logs
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Meeting Scheduler
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Meeting Agendas
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Meeting Minutes
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Action Items
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T&M Tags
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Specifications
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Drawings
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Schedules
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Job Site Photos
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Environmental Documents
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Custom Documents
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LEED Points
Financial Module Features
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Funding Sources
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Division, Program and Project Financial Summaries
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Risk
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Budgets
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Contract Tracking
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Schedule of Values
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Pay Requests
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Contract Change Proposals
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Change Orders
Integration
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MS project and P6 integration
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Excel/CSV import/export
Administration
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Distributed Administration
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Add and Customize Folders
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Number of User Licensing
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Add Projects
Technical
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Web Browser Independent Interface
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SSL Encryption for secured data exchange between the browser and server
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Auditing
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Process Flow
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Customizable
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Keyword Search
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Print and Export
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Email notifications
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Permissions
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Alerts
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Documents
Solutions per Business Size, per Vendor
From the types and features of a construction software solution that we enumerated above, your next question in mind probably is “Who provide these solutions?” The construction project manager and his team need to regroup and discuss this matter closely taking into consideration the current size and needs of the organization. We at ITQlick.com would like to provide our answer to this important question by laying down these three important considerations in the vendor selection process.
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If you’re looking for a robust solution, the integrated construction suite is for you. Organizations with large budget should consult with SAP and Oracle, vendors that provide these solutions. Mid-size business looking for the same solution should consult with Sage and ComputerEase.
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If you’re looking for a solution that is intended only for a specific area of your business, then the best-of-breed or stand-alone solution is for you. Paskr and Procore are excellent providers of stand-alone packages, such as the estimating and project management applications.
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If the solution you’re looking for does not belong on either of the two, then you’re probably a unique construction company and a specialized software solution is what you need. That could be a solution for your financial accounting, real estate operation, or customer management. Check Viewpoint V6, Sage 300, Quickbooks, Peachtree, Maxwell ProContractorMX and Construction Partner as they are the solution providers of these solutions.
Given enough time, try to explore this list of vendors where you can find the potential provider of your construction software solution.
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Primavera’s SureTrak
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On Screen Takeoff
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US Cost’s Success Estimator
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WinEstimator’s Modelogix
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Oracle Primavera’s “P6″
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Beck Technologies’ D-Profiler
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RocTek’s WinEx
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iPM Global iPM Project Management
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Viewpoint V6 Construction Accounting
Pricing Considerations
Any construction software solution should be evaluated against the budget you have on hand. Whether it’s a choice between integrated suite and best-of-breed or between on-premise and cloud-based, any solution can be costly if you will not undergo the process of cost evaluation. And above all the costs to consider, it is the Total Cost of Ownership (TCO) that matters the most. Here are some important considerations we at ITQlick.com would like you to focus on when evaluating TCO.
· Significantly, most SaaS-based solutions may require lower up-front cost than on-premise solutions because of the latter’s licensing cost. However, it is important that you account all future subscription payments for SaaS by using the Net Present Value (NPV) approach.
· Cost of hardware for on-premise solution adds up to the TCO. Management servers and additional workstation, plus their maintenance, are part of the investment. The SaaS solution is not an exemption. Some organization wants to backup their data by buying their own servers. Identifying these requirements during the planning stage can help you better manage the TCO.
Now, here is a list of solution providers and the licensing base-price of their offered solutions. This is a good starting point in understanding the TCO better, but we highly suggest that you conduct further research of these solutions.
PlanSwift:$850 per license
Viewpoint V6:$20,000 for 4 licenses
iPM Global: $2,500 per license
RocTek: $5,000 standard, $7,000 master per license
D-Profiler: $5,000 per license
Primavera P6: $2,500 per license
WinEst Modelogix: $5,400 per admin license, $2,900 per user license
Market Trends
Here are the latest trends in the construction industry that could guide you more on your research and analysis in finding the right construction software solution for your organization.
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The rapid emergence of Building Information Modelling (BIM), a project collaboration and management tool, is changing the way architecture, engineering, and construction project teams work together to solve complex design challenges and build better infrastructures. This is a clear indication that there is an increasing adoption of project collaboration solutions built specifically for construction management.
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Despite of the continuous growth of Software as a Service (SaaS) solution, the enterprise software solution is still the preferred option of many construction companies. But this is seen as an opportunity for many software providers to further enhance this technology in order to meet the construction industry standards and requirements.
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Mobile construction apps are already giving many project managers a lot of benefits during the execution of their projects.
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We are also seeing that larger construction management software vendors such as Constellation, Sage and Maxwell Systems continue to acquire smaller vendors.
Finding the right Engineering construction software for your business
Proper Engineering construction software selections are the precursor to successful deployment and business growth. Finding the right Engineering construction solutions doesnít have to be complicated, and it doesnít have to take days or weeks of your time.
After researching over 5,000 systems, we can identify the best solution for companies of all shapes and sizes. ITQlick.com is 100% free for software buyers.
Shlomi Lavi / Dec 18, 2022