Toolhound Review - why 3.8 stars?

Toolhound Review
ITQlick Score: 92/100
ITQlick Rating: (3.8/5)
Pricing: 5.6/10 - average cost
Category: Inventory Management -> Toolhound
Ranking:Ranked 3 out of 221 Inventory Management systems
Company: Toolhound
Typical customers: Start up, Small business, Medium business, Large business
Platforms: Desktop
Links: Toolhound pricing, Toolhound alternatives

Shlomi LaviShlomi Lavi / updated: Mar 12, 2022

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What is Toolhound and its features?

ToolHound is a tool inventory and equipment tracking software that helps businesses in construction, maintenance, and repair gain control of their tools and equipment inventory. Some features of ToolHound are discussed below:
  • Equipment Management: With ToolHound, organizations can efficiently manage and organize their equipment and ensure their security with industry-standard tool tracking and inventory management solutions.
  • Maintenance and Compliance: ToolHound helps organizations in construction, mining, or oil and gas ensure strict equipment maintenance and strict adherence to compliance regulations. The software comes with an automated tool control system that stores maintenance data of every piece of equipment.
  • Tool Tracking: With its industry-standard tool tracking solution, ToolHound helps organizations track their entire tool inventory across multiple locations and job sites with automation.
  • Consumable Management: ToolHound helps equipment owners track all consumables accurately, create refill and replacement alerts, and automatically generate purchase orders when parts need to be refilled.
  • Multi-location Inventory Control: Organizations that operate tools and equipment across multiple job sites use ToolHound to streamline the tracking of tool checkout, billing and usage history, and inventory expansion.
ToolHound Inc. was established in 1985 and is headquartered in St. Albert, Alberta, Canada. At least five of the top ten companies on the Top 400 Construction Companies list by ENR use ToolHound.

What is Toolhound rating?

The rating of Toolhound is 3.8 stars out of 5 and the total score is 92 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Who uses Toolhound?

Customers of the software include businesses of all sizes and a wide range of types. Major industries where it can be used include retail and wholesale, transportation, third party logistics, automation and manufacturing, healthcare and hospitality, and others. Some notable clients of the software include Texas Genco, Suncor Energy, and Reliant Energy etc.

Is it easy to use?

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

Is Toolhound cloud-based?

No, the software in not cloud based so you would need to install it locally and connect it directly to a server.

Can it be used on mobile?

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

Is Toolhound the best Inventory Management system?

Toolhound is ranked 3 out of 221 software in their category (Inventory Management systems).

What are their main features and functionalities?

The software offers tracking for unlimited number of assets and monitors both consumable and non-consumable assets. Other than tools and simple equipment, the software also tracks machinery and vehicles. Data can be collected from barcodes and radio frequency ID tags to ensure more accurate data entry. Integration is offered with popular third party systems including JD Edwards, Timberline, and others.

ToolHound offers tracking for unlimited number of tools, employees, and equipment. Purchase orders can be generated when the inventory levels fall beyond certain levels. Other important capabilities include maintenance scheduling, wireless data collection, custom report writer, tool kitting, employee certification, system security, and others.

What are Toolhound's pros? (3 Pros)

  • ToolHound allows effective tracking and monitoring
  • The software has a friendly user interface
  • ToolHound can serve as many people as available.

What are Toolhound's cons? (2 cons)

  • Customer support on ToolHound can be difficult to access
  • There is a need to improve some features

Who are their main alternatives?

ToolHound competes with software like EZOfficeInventory, Fleetio, Asset Panda, and EZRentOut. It is compared with its alternatives in the following aspects:
  • Cost: Although the pricing details for ToolHound are not disclosed, Fleetio has a starting pricing of $5 per vehicle monthly with a 2-weeks free trial. Asset Panda pricing starts at $108 yearly, while EZRentOut pricing starts at $44.98 per user monthly. EZOfficeInventory pricing begins at $35 per month, billed annually. ToolHound is cost-rated 2.8 over 5, where 1 is low-cost, 2.5 -3.5 is average cost, and 4-5 is high-cost. The software is considered an average cost software.
  • Functionality: ToolHound offers the basic functionalities typical for inventory management software like multiple-location inventory control, RFID tool tracking, and rentals. EZOfficeInventory has similar functionalities as ToolHound, with other functionalities like barcode asset tracking and fixed asset tracking, but it does not have multiple-location inventory control. Fleetio has the VIN decoding functionality, which ToolHound does not have.
  • Scalability: ToolHound is scalable for little and large companies while EZRentOut is built to scale for small organizations. Fleetio and Asset Panda are scalable for small and large businesses, ranging from ten to thousands of assets, while EZOfficeInventory is built to scale for small and medium establishments.
  • Customer/Industry: ToolHound and its alternatives target various industries. ToolHound targets companies in industries like the oil and gas industry, manufacturing, construction, and many others. Asset Panda as well targets industries like the education industry, government, and health industry. Fleetio and EZOfficeInventory target many industries like the sports and transportation industries.
  • Customer Support: ToolHound offers support for clients through the following channels: chat, phone, email, FAQs, and knowledge base. EZOfficeInventory offers chat and email support and a knowledge base. Fleetio offers phone and email assistance and FAQs, while Asset Panda offers email support, chat assistance, and FAQs.
  • Cloud/ On-Premise: ToolHound and most of its alternatives are both cloud-based and on-premise. However, Fleetio is an on-premise software.

What is the cost of Toolhound?

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 5.6 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for Toolhound

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

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

Where Toolhound is used?

ToolHound is an inventory management software solution for organizations in various industries like construction, oil, and gas, etc. The software is both cloud-based and on-premise and works for firms of all sizes. Some of its notable customers include Pepco, Texas Genco, Herc Rentals, and Reliant Energy.

List of categories

Construction
Construction Accounting & Job Costing
Construction Customer Management
Construction Estimating
Construction Online Project Management
Construction Program & Portfolio Management
Construction Project Scheduling
Construction Accounting & Job Costing
Construction Bid Management
Construction Project Management
Construction Service Management
Heavy Construction

List of features

Data Import/Export
Basic Reports
Online Customer Support

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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.