Compare Ivalua and elementum - Aug 2022

Shlomi LaviShlomi Lavi / Aug 23, 2022

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Bottom Line: Which is Better - Ivalua or elementum?

elementum is more expensive to implement (TCO) than Ivalua, and elementum is rated higher (91/100) than Ivalua (86/100).

Looking for the right Contract Management 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:

Ivalua Vs. elementum

Ivalua: Ivalua is a global provider of spend management solutions and a leader in Gartner’s 2015 Strategic Sourcing Magic Quadrant. Ivalua’s cloud-based software is used by procurement and finance organizations in large, global companies, and every day more than 500,000 users and millions of suppliers from over 70 countries log into the Ivalua platform. ...

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? Ivalua or elementum?

The real total cost of ownership (TCO) of Contract Management 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 Ivalua and elementum.

Ivalua price starts at $2,000 per user/month , On a scale between 1 to 10 Ivalua is rated 6, which is similar to the average cost of Contract Management software. elementum price starts at $19 per user/month , When comparing elementum to its competitors, the software is rated 6 - similar to the average Contract Management software cost.

Bottom line: Ivalua cost is around the same cost of elementum.

Which software includes more/better features?

We've compared Ivalua Vs. elementum based on some of the most important and required Contract Management features.

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

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

Target customer size

Ivalua's typical customers include: Small, medium and large size businesses, and elementum's target customer size include: Small, medium and large size businesses.



Ivalua

ITQlick rating
(4.7/5)

starts at $2,000 per user/month

Ivalua is both a cloud-based as well as on-premise procurement and vendor management software solution. The software assists in the organization of data, reporting, and planning as well. Ivalua is designed to d...

Categories: Fixed Asset Management, Accounts Receivable, Expense Management, Supplier Management.

elementum

ITQlick rating
(4.4/5)

starts at $19 per user/month

Elementum software is a cloud-hosted supply chain orchestration platform that assists businesses with customer orders, product availability, suppliers, as well as logistics. The software orchestrates procuremen...

Categories: Procurement, Supply Chain.

Compare specifications

Compare features

Ivalua: 0 Features

We are working to collect the list of features

elementum: 0 Features

We are working to collect the information
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Ivalua
ITQlick rating
4.7/5
Score
86/100
Pricing
6/10
License pricing
$2,000 per user/month
Functionality
9
Review
Compare
elementum
ITQlick rating
4.4/5
Score
91/100
Pricing
6.6/10
License pricing
$19 per user/month
Functionality
3
Contract...
ITQlick rating
3.5/5
Score
91/100
Pricing
5.2/10
License pricing
Pricing not available
Functionality
9
MyDox Di...
ITQlick rating
3.6/5
Score
88/100
Pricing
7/10
License pricing
$10 per seat/month
Functionality
4
Lextree
ITQlick rating
5/5
Score
88/100
Pricing
5.8/10
License pricing
$100 per user/month
Functionality
3

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.