Compare FlexRFP and elementum - Jun 2022

Shlomi Lavi

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Bottom Line: Which is Better - FlexRFP or elementum?

elementum is more expensive to implement (TCO) than FlexRFP, and elementum is rated higher (91/100) than FlexRFP (83/100). FlexRFP offers users more features (7) than elementum (0).

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:

EC Sourcing Group, Inc. Vs. elementum

EC Sourcing Group, Inc.: The FlexRFPTM e-Sourcing Suite is an Internet-based solution designed to facilitate a standardized, highly efficient, & best practices approach to Vendor Management & Strategic Sourcing. FlexRFPTM automates supplier negotiation & related time-intensive tasks such as baseline data analysis, vendor qualification & on-boarding, bid management, collabo...

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...

Who is more expensive? FlexRFP or elementum?

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 FlexRFP and elementum.

FlexRFP price starts at $3,000 per month , On a scale between 1 to 10 FlexRFP is rated 4, which is lower than the average cost of Supply Chain software. elementum price starts at $19 per user/month , When comparing elementum to its competitors, the software is rated 6 - similar to the average Supply Chain software cost.

Bottom line: elementum is more expensive than FlexRFP.

Which software includes more/better features?

We've compared FlexRFP Vs. elementum based on some of the most important and required Supply Chain features.

FlexRFP: Collaboration, Sourcing & Procurement, Supplier Management, Vendor Maintained Profiles, Vendor Self Service, Contact Management, Contract Management.

elementum: We are still working to collect the list of features for elementum.

Target customer size

FlexRFP is good for almost any industry and has been providing services to a large range of industries including media, manufacturing, retail, consulting and financial services. and elementum's target customer size include: Small, medium and large size businesses.