Shlomi Lavi /
Mar 20, 2022
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Bottom Line: Which is Better - elementum or Concord?
elementum is more expensive to implement (TCO) than Concord, and elementum is rated higher (91/100) than Concord (76/100).
Looking for the right Supply Chain solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:
elementum Vs. Concord
elementum: Elementum makes supply chain simple. By means of intuitive, mobile-first apps, we help companies streamline procurement, logistics, and manufacturing operations. Powered by the world’s first product graph, Elementum makes sense of millions of data sources to provide a full picture of the global product economy. Customers get actionable insights and...
Concord: Concord is built for “the doers” who struggle with manual contract tasks and fragmented contract processes. Bringing comprehensive contract lifecycle management onto one single platform, Concord accelerates winning agreements through automated compliance and process efficiency to drive growth and greater scalability.
Who is more expensive? elementum or Concord Contract Management?
The real total cost of ownership (TCO) of Supply Chain software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for elementum and Concord Contract Management.
elementum price starts at $19 per user/month , On a scale between 1 to 10 elementum is rated 6, which is similar to the average cost of Supply Chain software. Concord Contract Management price starts at $17 per user/month , When comparing Concord Contract Management to its competitors, the software is rated 2 - much lower than the average Supply Chain software cost.
Bottom line: elementum is more expensive than Concord Contract Management.
Which software includes more/better features?
We've compared elementum Vs. Concord based on some of the most important and required Supply Chain features.
elementum: We are still working to collect the list of features for elementum.
Concord Contract Management: We are still working to collect the list of features for Concord Contract Management.
Target customer size
elementum's typical customers include: Small, medium and large size businesses, and Concord Contract Management's target customer size include: Small, medium and large size businesses.