Compare Wrench and Flashtract - May 2023

Shlomi LaviShlomi Lavi / May 23, 2023

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Bottom Line: Which is Better - Wrench or Flashtract?

Flashtract is more expensive to implement (TCO) than Wrench, and Flashtract is rated with the same score (82/100) as Wrench (82/100). Both tools offer the same amount of features.

Looking for the right Construction Project 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:

Wrench Solutions Pvt. Ltd. Vs. Flashtract, Inc.

Wrench Solutions Pvt. Ltd.: Wrench Solutions Pvt. Ltd. is a software company that specializes in providing construction management software solutions. The company is based in Bangalore, India, and was founded in 2016. Wrench Solutions offers software products for various aspects of the construction process, including project management, scheduling, document management, and si...

Flashtract, Inc.: Flashtract, Inc. is a software company that provides a cloud-based platform for managing construction contracts and payments. The platform automates the process of tracking project progress, change orders, and payments, allowing contractors and subcontractors to streamline their workflows and reduce administrative costs.

Who is more expensive? Wrench SmartProject or Flashtract?

The real total cost of ownership (TCO) of Construction Project 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 Wrench SmartProject and Flashtract.

Wrench SmartProject price starts at $34.95 per month , On a scale between 1 to 10 Wrench SmartProject is rated 4, which is lower than the average cost of Construction Project Management software. Flashtract accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Wrench SmartProject is rated 4, which is lower than the average cost of Construction Project Management software.

Bottom line: Wrench SmartProject cost is around the same cost of Flashtract.

Which software includes more/better features?

We've compared Wrench Vs. Flashtract based on some of the most important and required Construction Project Management features.

Wrench SmartProject: Resource Management, Task Management, Issue Management, Project Planning, Project Time Tracking.

Flashtract: Accounting & Finance, Project Management, Project Billing, Contract Payments, Contract Management.

Target customer size

Wrench SmartProject is designed for construction companies of all sizes and can be used across a variety of industries, including commercial construction, infrastructure development, and residential construction.

Flashtract serves customers in the construction industry, specifically contractors and subcontractors who are looking for an efficient, automated billing and payment platform.



Wrench SmartProject

ITQlick rating
(4.8/5)

starts at $34.95 per month

Wrench SmartProject is a cloud-based construction management software developed by Wrench Solutions Pvt. Ltd. It is designed to help construction teams plan, execute, and track their projects in real-time. The ...

Categories: Construction Project Scheduling, Expense Management, Expense Tracking, Issue Management.

Flashtract

ITQlick rating
(4.9/5)

Flashtract is a cutting-edge cloud-based construction management software designed to streamline the billing and payment processes for contractors and subcontractors in the construction industry. This platform ...

Categories: Project Accounting, Construction Project Management, Billing Management, Contract Management.

Compare specifications

Compare features

Wrench SmartProject: 5 Features

Resource Management
Task Management
Issue Management
Project Planning
Project Time Tracking

Flashtract: 5 Features

Accounting & Finance
Project Management
Project Billing
Contract Payments
Contract 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
Wrench
ITQlick rating
4.8/5
Score
82/100
Pricing
4/10
License pricing
$34.95 per month
Functionality
13
Review
Compare
Flashtract
ITQlick rating
4.9/5
Score
82/100
Pricing
4/10
License pricing
Pricing not available
Functionality
9
Autodesk
ITQlick rating
4.3/5
Score
82/100
Pricing
4/10
License pricing
$700 per year
Functionality
9
Touchplan
ITQlick rating
4.4/5
Score
82/100
Pricing
4/10
License pricing
$590 per month
Functionality
9
Projul
ITQlick rating
4.9/5
Score
82/100
Pricing
4/10
License pricing
$4,788 per year
Functionality
8
Review

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.