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Fourth Procurement and Inventory vs. OpenText RFx Center (legacy)

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Fourth Procurement and Inventory

    Score8 out of 10
    N/AFourth Procurement and Inventory is software that ties together procurement, 3-way matching, inventory and recipe control. It’s fully integrated, mobile-friendly and can be accessed with a single login. Using predicted sales functionality and analytics, it lets the user forecast demand more accurately.N/A

    OpenText RFx Center (legacy)

    Score8 out of 10
    N/AOpenText RFx Center enabled enterprises to automate, manage, and monitor their RFI, RFQ, RFP, and other procurement processes. It is a legacy product.N/A
    Pricing
    Fourth Procurement and InventoryOpenText RFx Center (legacy)
    Editions & Modules
    No answers on this topic
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    Offerings
    Pricing Offerings
    Fourth Procurement and InventoryOpenText RFx Center (legacy)
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    YesNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Best Alternatives
    Fourth Procurement and InventoryOpenText RFx Center (legacy)
    Small Businesses
    No answers on this topic
    No answers on this topic
    Medium-sized Companies
    No answers on this topic
    Responsive
    Score8.9 out of 10
    Enterprises
    No answers on this topic
    Responsive
    Score8.9 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Fourth Procurement and InventoryOpenText RFx Center (legacy)
    Likelihood to Recommend
    7.4
    (4 ratings)
    8.0
    (1 ratings)
    Support Rating
    7.5
    (4 ratings)
    -
    (0 ratings)
    User Testimonials
    Fourth Procurement and InventoryOpenText RFx Center (legacy)
    Likelihood to Recommend
    HotSchedules and Fourth
    The product is user-friendly in automating the tasks, managing the master data through central purchasing, and creating custom reports. It lacks certain basic functionalities like a record of wastages, sending automated emails confirming if the automatic tasks (scheduled tasks) have been completed or not, and the ability to automate the nutrition information, etc.
    Incentivized
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    Discontinued Products
    OpenText RFX is well suited with Smaller or midsize organizations where it can be used as standalone solution. For large organization with Custom procurement processes and integration requirements with other business products like SAP, there are better solutions are available which can be evaluated with OpenText RFX product. Custom development processes are limited in OpenText RFX and there are some solutions like SAP SRM and Ariba can be evaluated.
    Incentivized
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    Pros
    HotSchedules and Fourth
    • The 'stock management' tab on the home screen is of particular use when keeping tabs on incoming deliveries into the restaurant.
    • The option to open and close your stock period is great as you have the chance to edit your stock at a moment's notice.
    Incentivized
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    Discontinued Products
    • Monitor procurement spend.
    • manage Supplier relationship.
    • Integrate with ERPs like SAP.
    • Analytics of procurement trends.
    Incentivized
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    Cons
    HotSchedules and Fourth
    • It would help massively to see via Enterprise and menu items what ones are no longer active, to keep the data tidy.
    • When you take purchase reports from Enterprise and select to organise them by category, show the name of the category on the actual report download.
    • Quick and easy upload/download of supplier products for correcting prices, descriptions, prices in bulk.
    Incentivized
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    Discontinued Products
    • Integration with ERP products like SAP.
    • UX User experience.
    • Custom procurement processes.
    • Product support.
    Incentivized
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    Support Rating
    HotSchedules and Fourth
    Too long to get an answer.
    Incentivized
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    Discontinued Products
    No answers on this topic
    Alternatives Considered
    HotSchedules and Fourth
    No answers on this topic
    Discontinued Products
    Solutions like SAP Ariba are better suited for large enterprises with Custom processes and integration requirements with other ERP software like SAP ERP or S/4HANA products which are been used most of the fortune 500 companies. OpenText RFX is good for small and medium organizations with limited customization and integration requirements.
    Incentivized
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    Return on Investment
    HotSchedules and Fourth
    • Procurement: Integrating some of the key suppliers with Trade Simple has saved labour hours.
    • Integration: GL Integrations have increased the efficiency and quality of data.
    Incentivized
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    Discontinued Products
    • Efficient procurement process.
    • Easy vendor/supplier management.
    • Faster implementation.
    Incentivized
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    ScreenShots

    Fourth Procurement and Inventory Screenshots

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