TrustRadius Insights for EasyKost are summaries of user sentiment data from TrustRadius reviews and, when necessary, third party data sources.
Pros
Valuable Tool for Costing Projects: Many users have found EasyKost to be a valuable tool for costing projects, providing benefits to both their team and clients. It helps in laying out a plan to save money by providing cost estimation for products, services, investments, installations, buildings, etc.
Unique Insight into Cost Drivers: Users appreciate that EasyKost offers unique insight into the true drivers of cost across various categories. This sets it apart from other costing software packages and allows for better understanding and analysis of cost factors.
User-friendly and Powerful Product: EasyKost is described as a user-friendly and powerful product. It can identify key cost drivers and find gaps in prices quickly. Its ease of use and accuracy make it a valuable asset that pays for itself in no time.
EasyKost is wonderful SAAS based software which is excellent to use for the purpose of data mining and cost estimation. Its scope greatly varies in between the design-to-cost and time-to-market performance ,and it can be best suited for the problems like quotation activities ,streamline flow and working of the products. It also helps to determine the cost of new products very easily.
Pros
costing and quotation activities
cost of new products
investments for installations, buildings, etc.
projects using cloud and saas based technologies
Cons
Although enrich with many functionalities it has some gaps which can be filled to make it the best of the arena for e.g phone support and email forum functionality could be enhanced .
Documentation and live online training could add more features from current world.
Other than deployment of web based functionality more domains could be added for IOS and android
Likelihood to Recommend
Scenarios its well suited : 1. Cloud, SaaS, Web-Based projects are very well handled. 2. Training in live and documentation is also nice as per the industry standards. 3. costing and quotation activities are also the best part of EasyKost. Scenario it needs improvement: 1. Accuracy of data is not optimized up to the mark. 2. Phone and Email support could be enhanced. 3. Data driven software is also needed
VU
Verified User
Professional in Quality Assurance (1001-5000 employees)
EasyKost is the right choice of platform for all of your clients to whom you are providing costing projects. It identifies the opportunities at the right time and collects data that allows multiple departments within a company to share knowledge and see the products from a unique, powerful, and successful perspective.
Pros
Validation for output
Cost optimization tool
Saves money
Accuracy of output
Cons
Accuracy of data
Data collection
Data mangement
Likelihood to Recommend
EasyKost is a handy platform for cost takeout exercises with our clients related to consultation. The ease of use, speed, and every feature make it such a desired tool for our clients and our team. It is easy to eye and pocket and the most unique feature is that it uses clients' own data rather than market-sourced data.
We are a big group, and we support a lot of services to our clients. A market full of demands ends up with a variety of visions with even more various solutions. So sometimes it's not easy to estimate each and every product as for most of the products we do not have experienced people and designed matrices from the past experiences. So every time we need to lookup for a subject matter expert with rich experience for cost estimations and unforeseen situations. So it was quite a cumbersome as well time taking process which may lead to a bad impression on client/product owners. So EasyKost comes as a solution for the above-mentioned problem statement, for automating and making easy the whole process of cost estimation of products or services which comes out to be deterministic in all possible ways. It's just a matter of a few seconds. Just we need to provide the rich data and that's all. No need for any expert knowledge of industrial processes.
Pros
Cost estimation of products.
Cost estimation of services.
Estimation in case of investments as well.
No need of any expert and in-depth knowledge of industries and process.
Management of product data.
Analytics of pricing.
Cons
Hyperparameter Tunning is still coming under 5-8% of deviation, this can be optimized.
Every time to get the best estimation accuracy of data is expected from the user end, so still, dependency is there.
One needs to take care of units every time working on any model, so since it's an AI product hence self-learning of the software is expected which could have some sort of suggestion to make the environment even safer.
Likelihood to Recommend
Well Suited Scenarios : 1. This is a cost estimation product that just needs the exposure of data, in fact, enriched data and after that, not just estimation, a well exhaustive set of insights and analytics can be fetched. Which in turn gives a heads-up to business. So EasyKost is well suited whenever any product needs price estimation and we don't have subject matter expert or industrial knowledge. So, in this case, it comes as the one solution for all problems.' 2. Not only for product cost estimation, this product is well suitable for the service, inventory etc estimation.
Scenarios Where EasyKost is less suitable are: 1. EasyKost is an AI-enabled tool that can only work if we have a sufficient dataset to feed or else we can't control the situation within the accepted deviation and hence that can lead to a fiasco. So in such situation its good to go for subject matter expert or a knowledge expert rather than relying on any such software product
VU
Verified User
Engineer in Information Technology (10,001+ employees)