Compare DeltaBid and Fastrac - Mar 2022

Shlomi LaviShlomi Lavi / Mar 25, 2022

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Bottom Line: Which is Better - DeltaBid or Fastrac?

Fastrac is more expensive to implement (TCO) than DeltaBid, and DeltaBid is rated higher (89/100) than Fastrac (53/100). DeltaBid offers users more features (6) than Fastrac (3). There is a clear winner in this case and it is DeltaBid!

Looking for the right Procurement 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:

DeltaBid Vs. Vtls

DeltaBid: Our background is in procurement. While trying to track corporate sourcing processes back in 2010, our founders came face to face with a nightmare. Buyers wasted time running RFPs via email and Excel, and management had no overview. After examining the available solutions on the market, they realized there were no e-sourcing tools that were both e...

Vtls: VTLS is a leading global company that creates Visionary Technology in Library Solutions. We provide these solutions to a diverse customer base of more than 900 libraries in 37 countries. As providers of library solutions for more than 30 years, VTLS has a deep and broad knowledge of the current needs of libraries and information centers. At the sam...

Who is more expensive? DeltaBid or Fastrac?

The real total cost of ownership (TCO) of Procurement 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 DeltaBid and Fastrac.

DeltaBid price starts at $129 per user/month , On a scale between 1 to 10 DeltaBid is rated 2, which is much lower than the average cost of Procurement software. Fastrac accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 DeltaBid is rated 2, which is much lower than the average cost of Procurement software.

Bottom line: Fastrac is more expensive than DeltaBid.

Which software includes more/better features?

We've compared DeltaBid Vs. Fastrac based on some of the most important and required Procurement features.

DeltaBid: Collaboration, Vendor Bidding, Vendor Maintained Profiles, Vendor Performance Rating, Procurement, Contact Management.

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

Target customer size

DeltaBid's typical customers include: Small, medium and large size businesses, and Fastrac's target customer size include: Start up, Small business, Medium business, Large business.

DeltaBid

ITQlick rating
(4.5/5)

starts at $129 per user/month

DeltaBid is an award-winning cloud-based Procurement software, it is designed to support small, medium and large size business. DeltaBid received a rating of 4.5 from ITQlick team. The software cost is consider...

Categories: Construction Bid Management, Project Collaboration, Web Collaboration, Supplier Management.

Fastrac

ITQlick rating
(4.9/5)

Fastrac is a fast growing cloud-based Procurement software, it is designed to support small, medium and large size business. Fastrac received a rating of 4.9 from ITQlick team. The software cost is considered a...

Categories: Operations, RFID.

Compare specifications

Compare features

DeltaBid: 6 Features

Collaboration
Vendor Bidding
Vendor Maintained Profiles
Vendor Performance Rating
Procurement
Contact Management

Fastrac: 3 Features

Data Import/Export
Basic Reports
Online Customer Support
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
DeltaBid
ITQlick rating
4.5/5
Score
89/100
Pricing
2/10
License pricing
$129 per user/month
Functionality
16
Compare
Fastrac
ITQlick rating
4.9/5
Score
53/100
Pricing
4/10
License pricing
Pricing not available
Functionality
5
DXC Proc...
ITQlick rating
3.9/5
Score
92/100
Pricing
7/10
License pricing
Pricing not available
Functionality
4
SynerTrade
ITQlick rating
4.1/5
Score
90/100
Pricing
10/10
License pricing
$59 per user/month
Functionality
16
Precoro
ITQlick rating
4.8/5
Score
88/100
Pricing
2.2/10
License pricing
$35 per user/month
Functionality
16

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.