Shlomi 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.