Compare FlexRFP and ToolsGroup - Oct 2022

Shlomi Lavi

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Bottom Line: Which is Better - FlexRFP or ToolsGroup?

ToolsGroup is more expensive to implement (TCO) than FlexRFP, and ToolsGroup is rated higher (85/100) than FlexRFP (83/100). FlexRFP offers users more features (7) than ToolsGroup (0).

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. ToolsGroup

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...

ToolsGroup: ToolsGroup is the world’s most experienced provider of demand analytics and supply chain planning and optimization software. For more than 20 years, we have partnered with companies who want to break through their supply chain and business performance barriers. Our single-model supply chain planning solution includes capabilities such as demand ...

Who is more expensive? FlexRFP or ToolsGroup?

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 ToolsGroup.

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. ToolsGroup price starts at $570 per month , When comparing ToolsGroup to its competitors, the software is rated 6 - similar to the average Supply Chain software cost.

Bottom line: ToolsGroup is more expensive than FlexRFP.

Which software includes more/better features?

We've compared FlexRFP Vs. ToolsGroup 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.

ToolsGroup: We are still working to collect the list of features for ToolsGroup.

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. Customers of the software include businesses of all sizes and a variety of types all over the world.