Shlomi Lavi /
Jun 16, 2022
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Bottom Line: Which is Better - FlexRFP or RedTail EDI?
RedTail EDI is more expensive to implement (TCO) than FlexRFP, and RedTail EDI is rated higher (92/100) than FlexRFP (83/100). FlexRFP offers users more features (7) than RedTail EDI (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. RedTail Solutions, Inc.
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...
RedTail Solutions, Inc.: RedTail Solutions, Inc. is a privately held company founded in 2000 with headquarters in Westborough, MA, just outside of Boston. RedTail Solutions delivers managed Electronic Data Interchange (EDI) and Global Data Synchronization (GDS) services for Trading Partner Collaboration to mid-sized suppliers.
Who is more expensive? FlexRFP or RedTail EDI?
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 RedTail EDI.
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. RedTail EDI price starts at $99 per month , When comparing RedTail EDI to its competitors, the software is rated 4 - lower than the average Supply Chain software cost.
Bottom line: FlexRFP cost is around the same cost of RedTail EDI.
Which software includes more/better features?
We've compared FlexRFP Vs. RedTail EDI 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.
RedTail EDI: 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 RedTail EDI's target customer size include: Medium and large size businesses.