Compare Budgetrac Real Estate Development and RedTeam Software - Jul 2022

Shlomi LaviShlomi Lavi / Jul 16, 2022

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Bottom Line: Which is Better - Budgetrac Real Estate Development or RedTeam Software?

Budgetrac Real Estate Development is more expensive to implement (TCO) than RedTeam Software, and RedTeam Software is rated higher (93/100) than Budgetrac Real Estate Development (82/100). RedTeam Software offers users more features (9) than Budgetrac Real Estate Development (3). There is a clear winner in this case and it is RedTeam Software!

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. RedTeam Software

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...

RedTeam Software: RedTeam Software offers a unique set of online project management and collaboration tools for construction managers, general contractors and subcontractors – including the first social media platform designed to organize, document and control project workflow. RedTeam Software incorporates process-centric views of critical project information, enab...

Who is more expensive? Budgetrac Real Estate Development or RedTeam Software?

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 RedTeam Software.

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. RedTeam Software price starts at $395 per month , When comparing RedTeam Software to its competitors, the software is rated 2 - much lower than the average Construction software cost.

Bottom line: Budgetrac Real Estate Development is more expensive than RedTeam Software.

Which software includes more/better features?

We've compared Budgetrac Real Estate Development Vs. RedTeam Software based on some of the most important and required Construction features.

Budgetrac Real Estate Development: Accounting Management, Cost Management, Project Management.

RedTeam Software: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Cash Flow.

Target customer size

Budgetrac Real Estate Development is specifically designed for real estate developers. Customers of the software include small and medium construction businesses as well as large enterprises.



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.

RedTeam Software

ITQlick rating
(4.3/5)

starts at $395 per month

RedTeam is a web based construction management solution for Commercial General Contractors of all sizes. It offers assistance in project management, estimating, construction accounting, equipment, Gantt schedul...

Categories: Accounting & Finance, Performance Management, Construction, Construction Apps, Construction Project Scheduling.

Compare specifications

Compare features

Budgetrac Real Estate Development: 3 Features

Accounting Management
Cost Management
Project Management

RedTeam Software: 9 Features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Cash Flow
Project Management
Scheduling
Contract Management
Time management
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
RedTeam ...
ITQlick rating
4.3/5
Score
93/100
Pricing
2/10
License pricing
$395 per month
Functionality
20
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.