Compare ToolsGroup and ProcurePort - Oct 2022

Shlomi LaviShlomi Lavi / Oct 17, 2022

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Bottom Line: Which is Better - ToolsGroup or ProcurePort?

ToolsGroup is more expensive to implement (TCO) than ProcurePort, and ToolsGroup is rated higher (85/100) than ProcurePort (77/100). ProcurePort offers users more features (8) 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:

ToolsGroup Vs. ProcurePort

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 ...

ProcurePort: ProcurePort is a global leader in providing eProcurement Solutions and Services delivered On Demand via the Cloud. Access industry leading technology including Reverse Auction Software, Spend Analysis Software and Contract management Software via the cloud and experience world class technology support and procurement consulting services. Contact Us...

Who is more expensive? ToolsGroup or ProcurePort?

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 ToolsGroup and ProcurePort.

ToolsGroup price starts at $570 per month , On a scale between 1 to 10 ToolsGroup is rated 6, which is similar to the average cost of Supply Chain software. ProcurePort price starts at $199 per month , When comparing ProcurePort to its competitors, the software is rated 2 - much lower than the average Supply Chain software cost.

Bottom line: ToolsGroup is more expensive than ProcurePort.

Which software includes more/better features?

We've compared ToolsGroup Vs. ProcurePort based on some of the most important and required Supply Chain features.

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

ProcurePort: Budget & Expense Management, Supplier Qualification, Supplier Risk Management, Supplier Web Portal, Procurement.

Target customer size

Customers of the software include businesses of all sizes and a variety of types all over the world. Customers of the software include small and medium businesses as well as large enterprises, including various Fortune 500 companies.



ToolsGroup

ITQlick rating
(3.4/5)

starts at $570 per month

ToolsGroup software is a supply chain planning solution for medium and large businesses. It offers a number of features that include; an allocation and replenishment feature that calculates optimal inventory le...

Categories: Inventory Management, Supply Chain Planning.

ProcurePort

ITQlick rating
(4.7/5)

starts at $199 per month

ProcurePort is a web based electronic procurement management solution for businesses of all sizes. Its capabilities include catalog management, auction management, supplier management, and others. The software ...

Categories: Billing & Invoicing, Accounts Receivable, Project Collaboration, Inventory Management, Supplier Management.

Compare specifications

Compare features

ToolsGroup: 0 Features

We are working to collect the list of features

ProcurePort: 8 Features

Budget & Expense Management
Supplier Qualification
Supplier Risk Management
Supplier Web Portal
Procurement
Contract Management
Supplier Management
Inventory 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
ToolsGroup
ITQlick rating
3.4/5
Score
85/100
Pricing
7.6/10
License pricing
$570 per month
Functionality
3
Compare
ProcurePort
ITQlick rating
4.7/5
Score
77/100
Pricing
2/10
License pricing
$199 per month
Functionality
20
NetSuite...
ITQlick rating
4.2/5
Score
96/100
Pricing
4.8/10
License pricing
Pricing not available
Functionality
21
RedTail ...
ITQlick rating
3.7/5
Score
92/100
Pricing
5.4/10
License pricing
$99 per month
Functionality
6
Blast Ra...
ITQlick rating
4.4/5
Score
91/100
Pricing
5.6/10
License pricing
$500 per month
Functionality
6

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.