ProjecTools Procurement Review - why 3.1 stars?

ProjecTools Procurement Review
ITQlick Score: 90/100
ITQlick Rating: (3.1/5)
Pricing: 5/10 - average cost
Category: Project Management -> ProjecTools Procurement
Ranking:Ranked 33 out of 779 Project Management systems
Company: PROJECTOOLS
Pricing: starts at $897 per month
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Cloud
Links: ProjecTools Procurement pricing, ProjecTools Procurement alternatives

Shlomi LaviShlomi Lavi / updated: Mar 22, 2022

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What is ProjecTools Procurement and its features?

ProjecTools Procurement is a cloud-based project management software designed to help define and replicate time-saving project templates for procurement frameworks. The software comes with features such as:
  • Purchasing Setup: ProjecTools Procurement Software aids in the creation and replication of time-saving procurement project templates.
  • Requisition Manager: ProjecTools procurement software accomplishes this by assisting buyers in creating and tracking Requests for Quote (RFQ) using system-enforced workflows for WBS, Supplier Data Requirement List (SDRL), anticipated timetables, and approvals, among other things.
  • Purchase Order: With this feature, purchase orders are issued and electronically routed to vendors. Change orders can be requested, approved, and managed.
  • Supplier Manager: Purchasers use ProjecTools procurement software to track and score suppliers for Historically Underutilized Businesses (HUB).
  • Material Manager: All disclosed purchase order and change order information is available to authorized materials managers anywhere in the world, thanks to the integration with ProjecTools Procurement.
ProjecTools Procurement is a project management software that started in 1994. The company is headquartered in Bellville, Texas, United States. The company has a workforce of up to 50 employees.

What is ProjecTools Procurement rating?

The rating of ProjecTools Procurement is 3.1 stars out of 5 and the total score is 90 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Who uses ProjecTools Procurement?

Customers of the software include small and medium businesses as well as large enterprises. Major industries where it can be used include oil and gas exploration, engineering services, retail and wholesale, automation and manufacturing, transport and delivery services, and others. MODEC is among the notable clients of the software.

Is it easy to use?

Yes, ProjecTools Procurement makes it fairly easy to use. This product is user friendly and intuitive.

Is ProjecTools Procurement cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

No, currently ProjecTools Procurement can't be accessed on mobile, you would need to access it from your computer.

Is ProjecTools Procurement the best Project Management system?

ProjecTools Procurement is ranked 33 out of 779 software in their category (Project Management systems).

What are their main features and functionalities?

The software comes with a reliable procurement setup with the facility of defining and replicating time-saving templates for procurement framework. These procurement temples help define various workflows such as PO and CO text, default letters, approval suppliers, and others. The software also offers system-approved workflows for supplier data requirement list, planned schedules, technical and commercial documents, and other aspects.

ProjecTools Procurement facilitates information linking between internal and external business units and defining of lists according to geographic region, country, commodity codes, and other parameters. Other important capabilities include online review and approval, simple transition to RFT to request, purchase order management, supplier manager, materials management, and quality surveillance.

What are ProjecTools Procurement's pros? (3 Pros)

  • ProjecTools Procurement is feature-rich
  • The software is scalable for companies of all sizes
  • The software is cloud-based

What are ProjecTools Procurement's cons? (2 cons)

  • The software has limited support channels
  • The application can be integrated with other applications that are available

Who are their main alternatives?

ProjecTools Procurement competes with other project management systems like Turbine, NetSuite, and Procurify. We will compare these project management systems in some specific aspects below.
  • Functionality: ProjecTools Procurement offers features like Standardized packages, Schedule planning, Templates, SaaS model, Review & Approvals, Technical & Commercial Queries, Online bidding, Centralized system, etc. Turbine offers features like Time off requests, Expenses, Employee database, Compliance Management, Requisition Management, Receiving/Putaway Management, Reimbursement Management, Employee Self Service, Purchase Order Management, etc. NetSuite offers features like Project Setup, Project Center, Project CRM, Project Budgeting, Alerts/Notifications, Reporting & Statistics, Dashboard, Reporting/Analytics, Integrations, Document Management, etc. Procurify offers features like Customizable Approvals, Real-time Budget, Expense/Card Management, Workflow Management, vendor/catalog Insights, mobile app, Integrations (available in NetSuite), Document Management (available in NetSuite), etc.
  • Customers/Industries: Procurify targets Technology, Biotech, Education, Construction, Non-Profits, Manufacturing, Hospitality, Healthcare, Pharma, etc. Procurify has customers like Cabify, Wren Therapeutics, Chai Lifeline, St. Anthony High School, Arizona charter school association, Skye Durant, etc. Turbine has customers like Atlantic Counseling Group, All Sports Whispers Limited, Palmetto Scholars Academy, Tollendale Village, etc NetSuite targets industries in Advertising and Digital Marketing Agencies, Apparel, Footwear and Accessories, education, consulting, energy, financial services, food and beverage, health and beauty, healthcare and life science, IT services, manufacturing, media, and publishing, non-profit, etc. NetSuite has customers like NoaNet and LexisNexis.
  • Cost: ProjecTools Procurement has a cost rating of 2.5/5, according to ITQlick expert cost analysis. This means it is low-cost project management software. The rating system considers this software rated 1-2 as low-cost and 4-5 as high cost. ProjecTools Procurement starts at $897 per month, on annual billing, and $997 monthly. Turbine starts from $8 per month per feature. NetSuite starts from $499 per month. The license cost information for Procurify is unavailable, but it comes with a free trial.
  • Cloud-based/On-premise: ProjecTools Procurement and all its alternatives are cloud-based.
  • Popularity: NetSuite, a subsidiary of Oracle Cooperation, is publicly traded on the NYSE under the ORCL symbol with more than 27,000 organizations. Turbine is privately held with more than 568,769 purchase orders, time-off requests, and expense claims.
  • Scalability: ProjecTools Procurement, Turbine, NetSuite, and Procurify can accommodate project teams of all sizes.
  • Support: ProjecTools Procurement offers support channels like FAQs/Forum, Knowledge Base, and Phone Support Turbine offers an Email/Help Desk and all other channels of ProjecTools Procurement. NetSuite and Procurify offer Email/Help Desk, FAQs/Forum, Phone Support, 24/7 (Live rep), Chat, and Knowledge Base.

What is the cost of ProjecTools Procurement?

ProjecTools Procurement offers four license pricing options; Essential, Advanced, Professional, and Enterprise. Essential starts at $897 per month on annual billing and $997 monthly. Advanced starts at $1297 per month on annual billing and $1497 monthly. Professional starts at $1797 per month on annual billing and $1997 monthly. The license cost information for the Enterprise plan is unavailable.

The Essential plan comes with features such as Unlimited Projects, 25 User Licenses, Unlimited Email Support, Unlimited Online Help, Unlimited Online Videos, Unlimited Phone Support, 250 GB File Storage, Daily Backups, Redundant Servers in different AWS Regions, Home Page, Supplier Page, etc. The Advanced plan comes with everything in Enterprise plus 50 User Licenses and 500 GB File Storage, Sixteen (16) hours of remote implementation and/or training during month one, Four (4) hours of dedicated GoToMeeting or Zoom support per month.

The Professional plan comes with everything in Advanced plus 100 User Licenses, 1 TB File Storage, Forty (40) hours of remote or onsite implementation and/or training during month one, Sixteen (16) hours of dedicated GoToMeeting or Zoom support per month. The Enterprise comes with all Professional Features plus a Dedicated Account Manager, Custom Integrations, Dedicated support, Managed Data Imports, and a 10% Discount for Project Services.

What is the REAL total cost of implementation? on top of the total cost of licenses which is easy to calculate you need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 5 out of 10 (10 is most expensive). You can fine here the REAL total cost breakdown for ProjecTools Procurement. You can also find here pricing information from ProjecTools Procurement's website.

What should you ask PROJECTOOLS during a demo session? (65 questions)

Schedule a demo with ProjecTools Procurement and access 65 must ask questions for the vendor while watching ProjecTools Procurement in action. Visit the vendor's website here.

Where ProjecTools Procurement is used?

Project managers and organizations seeking a project management system that gives them an application that will improve their business processes will fit well with ProjecTools Procurement software. The software aids users to stop the uncontrollable cycle of emails, spreadsheets, unaccountable interactions, and waste that will eat up their profit and kill their credibility

List of categories

Procurement
Project Management
Team Collaboration

List of features

Collaboration
Document Management
Issue Tracking
Project Management
Resource Management
Scheduling

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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.