IBS Enterprise Pricing - why 8/10?

IBS Enterprise Review
ITQlick Score: 84/100
ITQlick Rating: (3/5)
Pricing: 8/10 - high cost
Category: Distribution -> IBS Enterprise -> IBS Enterprise pricing
Ranking:Ranked 16 out of 122 Distribution systems
Company: IBS US
Typical customers: Medium and large size businesses
Platforms: Desktop, Mobile, Cloud
Links: IBS Enterprise review, IBS Enterprise alternatives
Shlomi LaviShlomi Lavi / Jun 24, 2021

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What is IBS Enterprise's cost rating? (8/10)

When comparing IBS Enterprise to its competitors, on a scale between 1 to 10 IBS Enterprise is rated 8, which is more expensive than the average Distribution software cost. IBS Enterprise offers few flexible plans to its customers, read the article below in order to calculate the total cost of ownership (TCO) which includes: customization, data migration, training, hardware, maintenance, upgrades, and more.

You can also leave your info with us to get a free custom quote with a break downs for your business needs.

Distribution Software Price Ranges

A majority distribution software in the market has perpetual licences that can be bought with a one-time fee. However, there are others set on the conventional per month, per user basis. Businesses can expect to pay between $20 to $100 per month for a distribution software. Alternatively, companies can expect prices from $5,000 and above for distribution software perpetual licenses.

For example, Visco pricing starts from $95 per user monthly and Info M3 pricing from $150 per user monthly. Meanwhile, Epicor Distributor and Accolent ERP cost one-time fees of $20,000 and $2,500 respectively for perpetual licences.

Different vendors target different sizes of businesses; hence, each business size should expect disparate pricing.

  • Small Businesses can expect price points which range from $10 to $40 for distribution software. For example, Hello Tracks is priced at $10 per user, per month, while Zoho Creator pricing starts from $10 per user, per month. Also, Emerge App costs up to $26 per user monthly.
  • Medium Businesses can expect to pay within $40 to $100 for a distribution software, depending on the type of package, the robustness of its features, and the number of user accounts. For example, Aquilon is priced at $75 per month for a single user account, but costs around $60 for multiple accounts. Also, Visco is priced around $95 per user monthly, and Nowcommerce for QuickBooks costs around $100 per month.
  • Large Businesses can expect volatile pricing for a distribution software because most vendors adjust their prices to suit capacity of interested organizations. However, they can expect a price between $100 to $800 per month. For example, InfoPlus pricing starts from 695 per month, while that of Infor M3 starts from 150 per month.

Distribution Software best of breeds and their price ranges are as follows:

  • Electronic Data Interchange (EDI) Software Most electronic data interchange software in the market are priced either on a yearly basis or per license, although there are a few others with monthly pricing. The price ranges for EDI, depending on their tiers, are $150 to $250, $250 to $2,500, and $2,500 upward. For instance, Chiapas EDI is priced around $3750 per year, while ERP Integration Software costs $1,000 per year. Alternatively, GoAnywhere MFT perpetual licence costs around $2,000, while that of Business Systems Integrators costs $1,200.
  • Food Traceability Software Most food traceability software products in the market are set on per user, per year or per user, per month basis. The price points ranges are $40 to $80, $80 to $200, and $200 above per month, depending on their tiers. Otherwise, yearly food traceability software tools are between $500 to $2,000, and $2,000 to $10,000 per year. For example, SafetyChain Food Safety & Quality Software starts from $7,500 per year, while Compliance Mate pricing starts from $500 per year. Otherwise, Visual Produce costs $300 per user monthly, while eQ Trace costs $350 per user monthly.
  • Shipping Software Most shipping software apps in the market are either priced per user, per month or by the volume of shipping per month. Its price varies between $2 and $50 above depending on the vendor offering it. For instance, ShippingEasy pricing starts from $29 per month, FreightView costs around $99 per month, and 2Ship pricing starts from $10 monthly.
  • Logistics Software Most logistics Software solutions in the market are priced per user, per month or per volume of items monthly. There are also others based on commission. The price ranges are between $40 to $80 and $80 to $200 per month. For example, Logitude World starts from $45 per month, OnFleet pricing starts from $149 per month, and Betachon Freight Auditing pricing starts from $0.1 per gain on each item.
  • Food Distribution Software Food distribution software have prices that fall between $18 to $50 and $50 to $150 per month, depending on their tiers. The price is set per driver or user per month or per trip, per month. For example, Traverse pricing starts from $100 per month, Routteique pricing from $49 per month, and OptimoRoute costs about $19 per driver per month.

What is the cost breakdown of Distribution implementation?

When it comes to selecting Distribution tools, buyers are primarily concerned about the cost. In fact, it is the cost that determines whether a potential buyer would go with the product. True, there is no one-size-fits-all formula to determine the “worth” of a business application, but as a software buyer, you want to make sure you get the best value for your money, without having to dig a big hole in your pocket.

Understanding the exact price of a Distribution system isn't easy as the overall cost of software includes the cost of a license, subscription fees, training, customization, hardware, maintenance, support, and other related services. It's essential to take into account all of these costs to gain an understanding of the system's "total cost of ownership."

What are the typical Distribution pricing models?

There are primarily three common pricing models – Perpetual License, Subscription, and Commercial Open Source.

  • Subscription/Software-As-A-Service: - Relevant for IBS Enterprise
    Under this pricing model, the system is accessed over the internet, as opposed to installed on-premises. The payment is made either on a per user basis or subscription basis. Ideally, customers are required to pay a recurring monthly fee until a specific period for using the tool. Subscription pricing model is more common with Software-as-a-Service (SaaS) apps.
  • Upfront cost for customization and integration is less compared to perpetual license cost because there is not much flexibility with SaaS systems in this area.
  • Recurring cost is greater as customers are required to make monthly payments as a subscription fee. Additionally customers using premium support services must pay an extra fee.
  • All in all, the total cost of ownership in the both cases is almost the same and may span over a period of 7-10 years, though you may have to pay a higher perpetual license fee upfront. The total cost may vary from starter to mid range to enterprise level apps in both cases.
  • Perpetual license: - Relevant for IBS Enterprise
    A common pricing model for on-premise applications, perpetual license requires a customer to pay an upfront sum to own the tool or other intellectual property on-premises for a fixed term.
  • Upfront cost involves the fee for installation, customization, and integration with existing systems, besides perpetual license fee.
  • Recurring cost is low in this pricing model and may include the cost for updates, maintenance, upgrades, and patches. Some vendors do offer premium support services, which come for an extra price.
  • Commercial open source: Not relevant for IBS Enterprise
    The customer can acquire the system free of cost without having to incur any upfront license fee. As a customer, you’re solely responsible for the ongoing maintenance, upgrading, customization, and troubleshooting of the application to meet your specific needs. You are on your own for providing end-user support, since you are not locked in with a vendor-supplied system solution.

How much would it cost to customize IBS Enterprise? (and is it relevant)

If you need specific features in your system catering to your specific business requirements, the vendor will charge customization cost, depending on your needs and feature requirement. Ideally customization cost is more complex to calculate compared to licensing cost.

Some apps allow you to easily combine data from multiple sources, without any complicated query requirements, while some others can be embedded into different applications to provide enhanced reporting. If you seek products that support customizable dashboards and predictive analysis to identity possible trends and facilitate decision making, you may have to pay higher for all the customization features.

Additionally, the following factors may affect the cost of customization:
  • User interface changes
  • Configurable dashboards
  • Data elements required for tracking
  • Forms to collect additional data
  • Dashboard, management and operational reports that are needed.
  • Workflows and how complex they are
  • Forms to collect additional data
Here are some questions to answer: How much customization is needed? How many systems do you want to integrate to? Does your company work like industry standards or does it have its own customized processes? What kind of special reports are needed?

In order to calculate the cost of customization you can use the following estimates:

  • Minimal customization - integrate with 1-2 systems: $2,500
  • Standard customization - integrate with 3-5 systems: $10,000
  • Fully customized system - integrate with more than 5 systems: $25,000

Cost of data migration when migrating to IBS Enterprise? Relevant for IBS Enterprise

Most companies opt for data migration services from a vendor, which raises the cost of product ownership. If you choose to transfer data on your own, you can avoid paying the cost of data migration.
Data migration cost depends on the amount of data to be transferred, your current software, availability of migration tools, complexity of data, and gaps between the existing system and the new system.

If your data is stored in Excel spreadsheets, then it may incur you a lot of time and money to migrate data from Excel.
By involving a business services provider in data migration, you are asking them to offer additional services, for which you may have to pay extra.

As a rule of thumb the cost of data migration depends on how many records you want to migrate. Records can include the number of customers, invoices, financial transactions, products, versions, etc. Here is a list you can use as a rule of thumb:

  • 1,000 records: $500
  • 10,000 records: $2,500
  • 100,000 records: $10,000
  • 1,000,000+ records: $25,000

What is the cost of training for IBS Enterprise? Relevant for IBS Enterprise

As a buyer, you are required to pay extra for in-person training, though some vendors offer web-based solutions as part of the package. The cost may involve end-user training, video/self, group, department, and training the super users.

The cost is mainly derived from the approach that you select for your organization:
  • End-user training
  • Group/Department
  • Video /self
  • Train the trainer/super user

Here are some questions to answer: How many groups (different departments, usages, type of users) are needed?

In order to calculate the cost you can use the following estimates:

  • 1-2 Sessions: $500
  • 3-4 Sessions: $1,500
  • 5-7 Sessions: $2,500
  • 8-10 Sessions: $5,000

How IBS Enterprise pricing compares to alternative Distribution solutions?

When comparing IBS Enterprise to alternative systems, on a scale between 1 to 10 IBS Enterprise is rated 8, which is more expensive than the average Distribution cost.
The main competitors for IBS Enterprise are Epicor Distribution and Syspro Distribution.

Epicor Distribution’s features include demand & replenishment planning, product sales & orders across multiple channels, inventory management, and shipping with integration to leading courier companies. The product supports ecommerce transactions, material equipment integration and product assembly & kitting requirements. Finally the product provides online portals for both customers and suppliers for tracking information, and includes workflows which can be adapted to business processes.

IBS Enterprise on the other hand also handles the distribution sector and includes integration with financials as well as planning & forecasting tools. Its features include supply management, logistics, warehouse management, assembly & production as well as demand management. There is also support for after sales service and product returns. Additionally the product includes connectors to integrate with third party applications and provides mobility solution support for access via smart phones and other mobile devices.

Syspro Distribution in comparison provides a collaboration platform for connecting customers & suppliers with the distribution organization. There is support for product traceability & quality inspections to validate products throughout the distribution cycle, as well as just-in-time inventory to ensure minimum stocking charges and optimal inventory throughput. Syspro Distribution can also manage in transit goods with integrated shipment to multiple destinations.

IBS Enterprise does not cover all of these features but does provide additional options for sales & operations planning, configurable process control and equipment preventive maintenance as well. Additionally the product supports manufacturing & scheduling together with subcontract operations for advanced distribution requirements.

How can the team at ITQlick help?

The science of TCO (total cost of ownership) may not be easy to calculate. If you seek to get detailed info about the TCO, get in touch with ITQlick experts. Contact us today and get up to date, detailed quotes.

Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.