Compare Submittal Exchange and Velocity LBM - Oct 2022

Shlomi LaviShlomi Lavi / Oct 01, 2022

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Bottom Line: Which is Better - Submittal Exchange or Velocity LBM?

Velocity LBM is more expensive to implement (TCO) than Submittal Exchange, and Submittal Exchange is rated higher (82/100) than Velocity LBM (80/100). Velocity LBM offers users more features (3) than Submittal Exchange (0).

Looking for the right Construction 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:

Textura Corporation Vs. Focus Information Systems

Textura Corporation: ...

Focus Information Systems: Focus Information Systems (www.focusinformationsystems.com) is a leading software solutions provider for the Lumber, Building Material, and Millwork industries. The dedicated experts at Focus Information Systems specialize in providing industry specific solutions enabling our clients to gain immediate benefits in better management of their business...

Who is more expensive? Submittal Exchange or Velocity LBM?

The real total cost of ownership (TCO) of Construction 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 Submittal Exchange and Velocity LBM.

Submittal Exchange accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Submittal Exchange is rated 4, which is lower than the average cost of Construction software. Velocity LBM accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Submittal Exchange is rated 4, which is lower than the average cost of Construction software.

Bottom line: Submittal Exchange cost is around the same cost of Velocity LBM.

Which software includes more/better features?

We've compared Submittal Exchange Vs. Velocity LBM based on some of the most important and required Construction features.

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

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

Target customer size

Submittal Exchange's typical customers include: Medium and large size businesses, and Velocity LBM's target customer size include: SMBs.



Submittal Exchange

ITQlick rating
(3.8/5)

Submittal Exchange software is a cloud-based Construction Management solution built for reviewing, exchanging, and archiving RFIs, construction submittals, as well as other construction communications through e...

Categories: Billing & Invoicing, Construction, Construction Estimating, Construction Bid Management.

Velocity LBM

ITQlick rating
(4.9/5)

Velocity LBM software is a Windows-based lumber and building materials software that is built on SAP Business One platform. SAP Business One offers an integrated platform that is tailored to meet the needs of s...

Categories: Building, Construction, Product Roadmap.

Compare specifications

Compare features

Submittal Exchange: 0 Features

We are working to collect the list of features

Velocity LBM: 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
Submitta...
ITQlick rating
3.8/5
Score
82/100
Pricing
4/10
License pricing
Pricing not available
Functionality
6
Compare
Velocity...
ITQlick rating
4.9/5
Score
80/100
Pricing
4.8/10
License pricing
Pricing not available
Functionality
6
Procore
ITQlick rating
4.5/5
Score
99/100
Pricing
2/10
License pricing
$667 per month
Functionality
33
PlanGrid
ITQlick rating
4.6/5
Score
98/100
Pricing
2.6/10
License pricing
$39 per user/month
Functionality
16
BuilderTREND
ITQlick rating
4.5/5
Score
97/100
Pricing
2/10
License pricing
$99 per month
Functionality
31

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.