Shlomi Lavi /
Aug 26, 2022
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Bottom Line: Which is Better - FlexRFP or Bin solution?
Bin solution is more expensive to implement (TCO) than FlexRFP, and Bin solution is rated higher (84/100) than FlexRFP (83/100). FlexRFP offers users more features (7) than Bin solution (3).
Looking for the right Supply Chain 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:
EC Sourcing Group, Inc. Vs. Navigator Business Solutions
EC Sourcing Group, Inc.: The FlexRFPTM e-Sourcing Suite is an Internet-based solution designed to facilitate a standardized, highly efficient, & best practices approach to Vendor Management & Strategic Sourcing. FlexRFPTM automates supplier negotiation & related time-intensive tasks such as baseline data analysis, vendor qualification & on-boarding, bid management, collabo...
Navigator Business Solutions: Navigator has the experience, the insight, and the product offerings to make your best-run business RUN BETTER. From financials, sales & service to purchasing, inventory, and operations, SAP is the ultimate tool to completely run your small-midsize business. Every SAP solution is a single integrated real-time application designed to streamline ...
Who is more expensive? FlexRFP or Bin Management solution?
The real total cost of ownership (TCO) of Supply Chain 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 FlexRFP and Bin Management solution.
FlexRFP price starts at $3,000 per month , On a scale between 1 to 10 FlexRFP is rated 4, which is lower than the average cost of Supply Chain software. Bin Management solution accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 FlexRFP is rated 4, which is lower than the average cost of Supply Chain software.
Bottom line: Bin Management solution is more expensive than FlexRFP.
Which software includes more/better features?
We've compared FlexRFP Vs. Bin solution based on some of the most important and required Supply Chain features.
FlexRFP: Collaboration, Sourcing & Procurement, Supplier Management, Vendor Maintained Profiles, Vendor Self Service, Contact Management, Contract Management.
Bin Management solution: Data Import/Export, Basic Reports, Online Customer Support.
Target customer size
FlexRFP is good for almost any industry and has been providing services to a large range of industries including media, manufacturing, retail, consulting and financial services. and Bin Management solution's target customer size include: SMBs.