Compare Opensource Contract and SAP PLM - May 2022

Shlomi LaviShlomi Lavi / May 26, 2022

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Bottom Line: Which is Better - Opensource Contract or SAP PLM?

SAP PLM is more expensive to implement (TCO) than Opensource Contract, and Opensource Contract is rated higher (84/100) than SAP PLM (77/100). SAP PLM offers users more features (8) than Opensource Contract (0).

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:

OpenSource Inc. Vs. SAP

OpenSource Inc.: openSourceCM started in 1995 with a focus on software products to help investment bankers understand highly-complex contracts and deals. The technology we developed became the foundation of the openSourceCM Contract Manager. Since then openSourceCM has helped many small, medium, and enterprise-scale firms gain control of their contract processes, g...

SAP: SAP ® AG is German software corporation that makes enterprise software to manage business operations and customer relations. SAP ® is the market leader in enterprise application software. The company's best-known software products are its enterprise resource planning application (SAP ® ERP), its enterpr...

Who is more expensive? Opensource Contract or SAP Product Lifecycle Management?

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 Opensource Contract and SAP Product Lifecycle Management.

Opensource Contract price starts at $6,000 per year , On a scale between 1 to 10 Opensource Contract Manager is rated 4, which is lower than the average cost of Contract Management software. SAP Product Lifecycle Management accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Opensource Contract Manager is rated 4, which is lower than the average cost of Contract Management software.

Bottom line: Opensource Contract cost is around the same cost of SAP Product Lifecycle Management.

Which software includes more/better features?

We've compared Opensource Contract Vs. SAP PLM based on some of the most important and required Contract Management features.

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

SAP Product Lifecycle Management: Audit Trail, Contract Expirations, Contract Renewals, Dashboard, Microsoft Word Export.

Target customer size

The software can be used for the needs of any business size. Customers of the software include businesses of all sizes and types.

Opensource Contract

ITQlick rating
(4.5/5)

starts at $6,000 per year

Opensource Contract Manager is a web based contract management solution for businesses of all sizes. It offers such services as contract authoring, approval management, auditing and reporting, and others...

Categories: Content Management.

SAP PLM

ITQlick rating
(3.9/5)

SAP PLM is a product lifecycle management solution for businesses of all sizes. It makes possible high quality delivery of products and also streamlines the supply chain. The software was developed and launched...

Categories: Contract Management.

Compare specifications

Compare features

Opensource Contract: 0 Features

We are working to collect the list of features

SAP Product Lifecycle Management: 8 Features

Audit Trail
Contract Expirations
Contract Renewals
Dashboard
Microsoft Word Export
Microsoft Word Integration
Templates
Track Changes
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
Opensour...
ITQlick rating
4.5/5
Score
84/100
Pricing
4/10
License pricing
$6,000 per year
Functionality
3
Compare
SAP PLM
ITQlick rating
3.9/5
Score
77/100
Pricing
4.6/10
License pricing
Pricing not available
Functionality
9
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.