Compare SimpleVMS and Tradeshift - Jan 2024

Shlomi Lavi

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Bottom Line: Which is Better - SimpleVMS or Tradeshift?

SimpleVMS is more expensive to implement (TCO) than Tradeshift, and SimpleVMS is rated higher (82/100) than Tradeshift (59/100). SimpleVMS offers users more features (8) than Tradeshift (3).

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. Tradeshift

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...

Tradeshift: Modern business is broken. On one hand, growing companies who want to focus on doing what they love are plagued by user-unfriendly and time-consuming solutions for essential tasks like invoicing and payments. On the other, enterprises striving for a more efficient digital future find themselves compromising when partners aren’t ready, willing or ab...

Who is more expensive? SimpleVMS or Tradeshift?

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 Tradeshift.

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. Tradeshift price starts at $499 per license , When comparing Tradeshift to its competitors, the software is rated 2 - much lower than the average Vendor Management software cost.

Bottom line: SimpleVMS is more expensive than Tradeshift.

Which software includes more/better features?

We've compared SimpleVMS Vs. Tradeshift 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.

Tradeshift: 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. The software is a viable product for business of all sizes, with more than 50,000 companies using it worldwide.