Compare Toolhound and My Inventory Online - Jul 2022

Shlomi Lavi

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Bottom Line: Which is Better - Toolhound or My Inventory Online?

Toolhound is more expensive to implement (TCO) than My Inventory Online, and Toolhound is rated higher (92/100) than My Inventory Online (82/100). Toolhound offers users more features (3) than My Inventory Online (0).

Looking for the right Inventory 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:

Toolhound Vs. My Inventory Online

Toolhound: ToolHound provides a powerful Tool and Equipment Management System that allows construction, maintenance and repair organizations to gain control of their tool and equipment inventory. ToolHound helps companies of all sizes maximize tool and equipment utilization and improve productivity by ensuring the right tool is in the right place when it is n...

My Inventory Online: Back in 2010 when we decided to build My Inventory Online there was no shortage of online inventory systems around but we noticed a distinct pattern. All the solutions available were in one of two flavours: Either they were simple and affordable but frustratingly lacked subtle features in flexibility such as: Allowing stock to have multiple sup...

Who is more expensive? Toolhound or My Inventory Online?

The real total cost of ownership (TCO) of Inventory 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 Toolhound and My Inventory Online.

Toolhound accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Toolhound is rated 4, which is lower than the average cost of Inventory Management software. My Inventory Online price starts at $19 per 2 users/month , When comparing My Inventory Online to its competitors, the software is rated 4 - lower than the average Inventory Management software cost.

Bottom line: Toolhound cost is around the same cost of My Inventory Online.

Which software includes more/better features?

We've compared Toolhound Vs. My Inventory Online based on some of the most important and required Inventory Management features.

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

My Inventory Online: We are still working to collect the list of features for My Inventory Online.

Target customer size

Customers of the software include businesses of all sizes and a wide range of types. and My Inventory Online's target customer size include: Small, medium and large size businesses.