Compare SimpleVMS and VendorInsight - Jan 2024

Shlomi Lavi

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Bottom Line: Which is Better - SimpleVMS or VendorInsight?

VendorInsight is more expensive to implement (TCO) than SimpleVMS, and SimpleVMS is rated higher (82/100) than VendorInsight (73/100). SimpleVMS offers users more features (8) than VendorInsight (0). 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. Cost Management Performance Group

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...

Cost Management Performance Group: Contract management, monitoring and alerting ensure you never miss critical contract dates. Risk assessment templates give you proven, reliable and accurate vendor risk assessments every time. Automatic vendor performance reviews and included vendor monitoring for important things like news, regulatory actions, lawsuits, social media, and custom...

Who is more expensive? SimpleVMS or VendorInsight?

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 VendorInsight.

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. VendorInsight 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.

Bottom line: VendorInsight is more expensive than SimpleVMS.

Which software includes more/better features?

We've compared SimpleVMS Vs. VendorInsight 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.

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

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. and VendorInsight's target customer size include: Small, medium and large size businesses.