Shlomi Lavi /
Apr 10, 2024
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Bottom Line: Which is Better - Ivalua or NetSuite?
NetSuite is more expensive to implement (TCO) than Ivalua, and NetSuite is rated higher (100/100) 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. Oracle
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.
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Oracle: With more than 380,000 customers—including 100 of the Fortune 100—and with deployments across a wide variety of industries in more than 145 countries around the globe, Oracle offers an optimized and fully integrated stack of business hardware and software systems. Oracle engineers hardware and software to work together in the cloud and in your data...
Who is more expensive? Ivalua or NetSuite?
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 NetSuite.
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. NetSuite price starts at $99 per user/month + $999 per month for the platform fee , When comparing NetSuite 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 NetSuite.
Which software includes more/better features?
We've compared Ivalua Vs. NetSuite 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.
NetSuite: We are still working to collect the list of features for NetSuite.
Target customer size
Ivalua's typical customers include: Small, medium and large size businesses, and NetSuite's target customer size include: Start up, Small business, Medium business, Large business.