Compare SimpleVMS and Suppliersoft - Jan 2024

Shlomi Lavi

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Bottom Line: Which is Better - SimpleVMS or Suppliersoft?

Suppliersoft is more expensive to implement (TCO) than SimpleVMS, and SimpleVMS is rated higher (82/100) than Suppliersoft (58/100). SimpleVMS offers users more features (8) than Suppliersoft (3). There is a clear winner in this case and it is SimpleVMS!

Looking for the right Vendor 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:

SimpleVMS Vs. Suppliersoft

SimpleVMS: Launched in the dynamic city of Cincinnati, Ohio in 2009, SimpleVMS has steadily carved its niche in the workforce management arena. With its roots deeply planted in the heartland of innovation, it is no surprise that SimpleVMS exudes a unique blend of simplicity and sophistication. As of August 2023, the company proudly boasts a tight-knit team of...

Suppliersoft: SupplierSoft, a pioneer in cloud-computing based Supplier Relationship Management (SRM) solutions, helps companies automate any and all supplier-facing business processes. SupplierSoft solution suite includes Environmental Compliance (RoHS/REACH), Procure-To-Pay, Supplier Risk Management, Supplier Contract Management, Corrective and Preventive Acti...

Who is more expensive? SimpleVMS or Suppliersoft Procure-To-Pay?

The real total cost of ownership (TCO) of Vendor 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 SimpleVMS and Suppliersoft Procure-To-Pay.

SimpleVMS accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 SimpleVMS is rated 4, which is lower than the average cost of Vendor Management software. Suppliersoft Procure-To-Pay price starts at $5 per month , When comparing Suppliersoft Procure-To-Pay to its competitors, the software is rated 4 - lower than the average Vendor Management software cost.

Bottom line: SimpleVMS cost is around the same cost of Suppliersoft Procure-To-Pay.

Which software includes more/better features?

We've compared SimpleVMS Vs. Suppliersoft based on some of the most important and required Vendor Management features.

SimpleVMS: Governance, Risk and Compliance (GRC), Time Tracking, Employee Performance Management, Workforce Management, Forecasting & Budgeting, BI & Analytics, Dashboards & KPIs, Expense Management.

Suppliersoft Procure-To-Pay: Data Import/Export, Basic Reports, Online Customer Support.

Target customer size

SimpleVMS’s typical customers are businesses of all sizes that need to hire, track, and pay temporary workers from various staffing agencies. Customers of the software include small and medium businesses as well as large enterprises.