Compare Budgetrac Real Estate Development and CMIS - Jul 2022

Shlomi LaviShlomi 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.



Budgetrac Real Estate Development

ITQlick rating
(3.8/5)

starts at $1,600 per user/year

Budgetrac Real Estate Development is a cloud-based construction accounting software that is developed for businesses in the construction industry. The software is designed with features and specifications that ...

Categories: Construction, Web Based Construction, Lease Management, Project Management.

CMIS

ITQlick rating
(2.8/5)

starts at $3,500 per license

CMIS is cloud-based and on-premise fully integrated enterprise-level construction management software designed by ECL Software for GCs, estimators, subcontractors, home builders, and speciality contractors and ...

Categories: Billing & Invoicing, Construction, Capital Program Management, Concrete Cost Estimating, Construction Apps.

Compare specifications

Compare features

Budgetrac Real Estate Development: 3 Features

Accounting Management
Cost Management
Project Management

CMIS: 9 Features

Accounting Management
Bidding
Contract Management
Cost Management
Document Management
Estimating
Project Management
Punch List
RFIs/Submittals
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
Budgetra...
ITQlick rating
3.8/5
Score
82/100
Pricing
6.6/10
License pricing
$1,600 per user/year
Functionality
8
Compare
CMIS
ITQlick rating
2.8/5
Score
75/100
Pricing
8/10
License pricing
$3,500 per license
Functionality
32
Review
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.