Shlomi Lavi /
Jul 16, 2022
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Bottom Line: Which is Better - Budgetrac Real Estate Development or CMIS?
CMIS is more expensive to implement (TCO) than Budgetrac Real Estate Development, and Budgetrac Real Estate Development is rated higher (82/100) than CMIS (75/100). CMIS offers users more features (9) than Budgetrac Real Estate Development (3).
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:
Budgetrac Systems, Inc Vs. Eclectus (ECL Software) Inc.
Budgetrac Systems, Inc: Budgetrac software was developed specifically as project-oriented accounting software with the project perspective and the financial entity perspective receiving equal attention. The independent perspectives are the key to addressing real estate developer needs. The developer needs to see a project from the top down. Budgetrac’s success in the deve...
Eclectus (ECL Software) Inc.: Eclectus, Inc. (dba ECL Software) develops award-winning risk mitigation solutions for all aspects of the Construction Industry. Incorporated in 1994 ECL has continued to provide solutions with a “Just Do It Once” approach. Having won awards for both it’s Contracting and Banking solutions, ECL has developed the reputation of quality, flexibility, a...
Who is more expensive? Budgetrac Real Estate Development or CMIS?
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 Budgetrac Real Estate Development and CMIS.
Budgetrac Real Estate Development price starts at $1,600 per user/year , On a scale between 1 to 10 Budgetrac Real Estate Development is rated 6, which is similar to the average cost of Construction software. CMIS price starts at $3,500 per license , When comparing CMIS to its competitors, the software is rated 8 - higher than the average Construction software cost.
Bottom line: CMIS is more expensive than Budgetrac Real Estate Development.
Which software includes more/better features?
We've compared Budgetrac Real Estate Development Vs. CMIS based on some of the most important and required Construction features.
Budgetrac Real Estate Development: Accounting Management, Cost Management, Project Management.
CMIS: Accounting Management, Bidding, Contract Management, Cost Management, Document Management.
Target customer size
Budgetrac Real Estate Development is specifically designed for real estate developers. ECL Software CMIS is suitable for construction industries that are looking for a single solution to manage their projects, logs and contacts.