Compare Riskturn and Procore - Jan 2023

Shlomi LaviShlomi Lavi / Jan 01, 2023

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Bottom Line: Which is Better - Riskturn or Procore?

Riskturn is more expensive to implement (TCO) than Procore, and Procore is rated higher (99/100) than Riskturn (81/100). Procore offers users more features (17) than Riskturn (8). There is a clear winner in this case and it is Procore!

Looking for the right Risk Management 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:

RISKTURN Inc. Vs. Procore

RISKTURN Inc.: RISKTURN is the first software dedicated to the probabilistic forecast of future cash flows. RISKTURN clients, either experts or not in quantitative risk management, are all enthusiastic about having an intuitive interface to create a set of advanced investment valuation criteria such as CFaR, VaR, probabilistic NPV, IRR, ROI.

Procore: People like to use Procore. That’s a simple statement, and it might not seem obvious to you yet. But what if your organization buys construction project management software, and your project team doesn’t want to use it? What happens if the software actually makes things worse?

Who is more expensive? Riskturn or Procore?

The real total cost of ownership (TCO) of Risk Management 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 Riskturn and Procore.

Riskturn price starts at $95 per license/month , On a scale between 1 to 10 Riskturn is rated 4, which is lower than the average cost of Risk Management software. Procore price starts at $667 per month , When comparing Procore to its competitors, the software is rated 2 - much lower than the average Risk Management software cost.

Bottom line: Riskturn is more expensive than Procore.

Which software includes more/better features?

We've compared Riskturn Vs. Procore based on some of the most important and required Risk Management features.

Riskturn: Version Control, Data analysis, Project Budgeting, Project Portfolio Management, Capital Asset Planning, Forecasting, Budgeting & CPM, Step/Decision Rule Definition.

Procore: Document Management, Issue Tracking, Project Management, Scheduling, Mobile Access.

Target customer size

The usual customers of Riskturn software are the business entities in small to medium-sized businesses (SMBs) and even enterprises needing the assistance from IT industry, mainly in the field of financial planning and forecasting. Procore is excellent for mid-sized and enterprise degree building business.



Riskturn

ITQlick rating
(4.6/5)

starts at $95 per license/month

The Riskturn is a risk-based cash flow planning software enabling users with the generation of forecasts for their financial business investment.

Categories: Budgeting & CPM, Business Plan, Data analysis, Capital Program Management.

Procore

ITQlick rating
(4.5/5)

starts at $667 per month

Procore is a cloud-based construction management solution that is developed to be used by businesses in the construction industry as well as by the individual professionals in the construction industries. The s...

Categories: Construction, Capital Program Management, Concrete Cost Estimating, Construction Apps, Construction Program & Portfolio Management.

Compare specifications

Compare features

Riskturn: 8 Features

Version Control
Data analysis
Project Budgeting
Project Portfolio Management
Capital Asset Planning
Forecasting
Budgeting & CPM
Step/Decision Rule Definition

Procore: 17 Features

Document Management
Issue Tracking
Project Management
Scheduling
Mobile Access
Accounting Management
Bid Comparison
Bidding
Change Orders
Contract Management
Document Management
Estimating
Project Management
Punch List
RFIs/Submittals
Scheduling
Service 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
Riskturn
ITQlick rating
4.6/5
Score
81/100
Pricing
5/10
License pricing
$95 per license/month
Functionality
16
Compare
Procore
ITQlick rating
4.5/5
Score
99/100
Pricing
2/10
License pricing
$667 per month
Functionality
33
DoubleCheck
ITQlick rating
4.5/5
Score
83/100
Pricing
6/10
License pricing
$5,000 per year
Functionality
5
Synergi ...
ITQlick rating
5/5
Score
82/100
Pricing
10/10
License pricing
$3,000 per month
Functionality
3
Project
ITQlick rating
4.4/5
Score
82/100
Pricing
4/10
License pricing
$18.78 per user/month
Functionality
8

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.