Transpose Pricing - why 2.4/10?

Transpose Review
ITQlick Score: 85/100
ITQlick Rating: (2.8/5)
Pricing: 2.4/10 - low cost
Category: Asset Tracking -> Transpose -> Transpose pricing
Ranking:Ranked 4 out of 20 Asset Tracking systems
Company: Transpose Technologies
Pricing: starts at $14.99 per user/month
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Mobile, Cloud
Links: Transpose review, Transpose alternatives
Shlomi LaviShlomi Lavi / Jun 24, 2021

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. Learn more by reading our advertiser disclosure.

What is Transpose's cost rating? (2.4/10)

When comparing Transpose to its competitors, on a scale between 1 to 10 Transpose is rated 2.4, which is less expensive than the average Asset Tracking software cost. Transpose offers few flexible plans to its customers with the basic cost of a license starting from $14.99 per user/month. 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.

Asset Tracking Software Price Ranges

Organizations can expect to pay between $10 and over $38 per month for starting Asset Tracking software subscriptions. These subscriptions come in per month/per user price model, and some vendors refer to assets as well in their software packages.

Some subscription plans also come with additional charges like third-party integrations, barcode labeling, reports & dashboarding and project management.

  • There are free and open-source Asset Tracking software products. For example, Mapbox is free to begin with, although its users can pay up to $50 monthly if they need an extended capacity. Greytrunk RFID is free of charge for about 100 assets, and you can choose among the Standard, Advanced, and Enterprise plans (which cost $49, $99, and $149 respectively) if you have a lot more assets than a hundred. OpenMaint Self-Service is free across all its resources.
  • Web-based Asset Tracking software costs $10 - $185 a month for their base subscriptions. For example, AssetSonar pricing begins at $70 a month for 100 assets, and the price increases in the multiple of 20 cents for every additional asset unit. EZOfficeInventory Essential subscription goes for $35 a month, with its Advanced and Premium plan for $45 and $50, respectively. Also, Limble CMMS cost price begins at $40 a month, with Professional and Business+ plans for $70 and $105, respectively. Paperserve CASM has a Starter and Econo plan, which starts at $10 and $30, respectively. Other vendors charge perpetual license fees for their products; Hardcat costs a one-time fee of $3000.
  • Asset Tracking Software for Small Businesses has price points between $5 and $300 monthly. For context, Compliance Safety Manager starts at $6 a month for each asset; the cost becomes $5 a month in a three-year contract. Asset Marshal pricing goes for $300 a month, Tracmor pricing goes for $19 per month, and RedBeam Asset Tracking for $50 per month. Asset Ping starts at $55 a month, DSi Mobile at $20 per month, and Bonema Asset Tracking at $100 monthly. Furthermore, Some of the software products have one-time licensing, such as WiseTrack and AssetGather, which both cost $2000.
  • Asset Tracking Software based on Windows OS can cost up to $25000. Monthly subscriptions typically begin at $7; for illustration, iAsset pricing starts at $59 a month, QReserve Unlimited Academic Plan costs $19 a month, and Spine Assets pricing starts at $278 monthly. Other vendors charge a one-time fee for Asset Tracking software licenses; that is, Tego Asset Management pricing goes for $20000, and CheckMate costs around $25000.
  • macOS users can expect to pay $10-$775 a month for Asset Tracking software. For example, Notifil Track pricing begins at $79 a month, LOCATE Inventory at $100 monthly and HireHop Equipment Rental Software at $43 per month. Razor Tracking has a base price of $10 monthly; Alloy Navigator cost price goes for $19 a month. Maxpanda CMMS for $39 a month and iOFFICE for $775 a month. Furthermore, Hector charges 5 cents for every asset, GoCodes starts at $300 a year and HiddenApp at $250 annually. Also, some other products go for perpetual licensing fees, such as GET Intelligent Key, which costs a one-off payment of $15000.

What is the cost breakdown of Asset Tracking implementation?

When it comes to selecting Asset Tracking 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 Asset Tracking 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 Asset Tracking pricing models?

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

  • Subscription/Software-As-A-Service: - Relevant for Transpose
    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 Transpose
    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 Transpose
    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 Transpose? (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 Transpose? Relevant for Transpose

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 Transpose? Relevant for Transpose

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 Transpose pricing compares to alternative Asset Tracking solutions?

When comparing Transpose to alternative systems, on a scale between 1 to 10 Transpose is rated 2.4, which is less expensive than the average Asset Tracking cost.
The two main competitors of Transpose software include Podio and Transpose. Citrix Podio is a project management & social collaboration system while Transpose software is a cloud-based project management platform built for small to medium-sized organizations Citrix Podio is a product of Podio Company founded in 2009 in Denmark whereas Transpose software is a product of Transpose Technologies founded in 2012 in the United States.

The two solutions can be deployed through the Cloud, SaaS, and Web, and it’s also available through Mobile - Android Native, and Mobile - iOS Native. Basecamp software is a real-time communication solution that assists teams to stay on the same page while Transpose software is a cloud-based project management platform built for small to medium-sized organizations.

Basecamp software is a product of Basecamp whereas transpose is designed by Transpose Technologies. Basecamp is deployable through the cloud and on-premise, but Transpose is cloud-based. Basecamp features include client portal and Milestone Tracking whereas Transpose features include Activity Tracking, Audit Trails, and Barcoding / RFID.

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

Website Linkedin Facebook Twitter

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.