Shlomi Lavi /
Mar 25, 2022
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Bottom Line: Which is Better - sourceit or DeltaBid?
sourceit is more expensive to implement (TCO) than DeltaBid, and DeltaBid is rated higher (89/100) than sourceit (76/100). DeltaBid offers users more features (6) than sourceit (5). There is a clear winner in this case and it is DeltaBid!
Looking for the right Procurement 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:
sourceit Vs. DeltaBid
sourceit: sourceit manages RFQs and bids in one location simply and quickly, creating a better competitive environment. sourceit project manages milestones, artwork, variations and collaborative communications better. sourceit analyses every aspect of performance intelligence making for better decisions. sourceit delivers a better way to manage and order fro...
DeltaBid: Our background is in procurement. While trying to track corporate sourcing processes back in 2010, our founders came face to face with a nightmare. Buyers wasted time running RFPs via email and Excel, and management had no overview.
After examining the available solutions on the market, they realized there were no e-sourcing tools that were both e...
Who is more expensive? sourceit or DeltaBid?
The real total cost of ownership (TCO) of Procurement 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 sourceit and DeltaBid.
sourceit price starts at $350 per month , On a scale between 1 to 10 sourceit is rated 2, which is much lower than the average cost of Procurement software. DeltaBid price starts at $129 per user/month , When comparing DeltaBid to its competitors, the software is rated 2 - much lower than the average Procurement software cost.
Bottom line: sourceit cost is around the same cost of DeltaBid.
Which software includes more/better features?
We've compared sourceit Vs. DeltaBid based on some of the most important and required Procurement features.
sourceit: Project Budgeting, Auction Management, Supplier Qualification, Procurement, Supplier Management.
DeltaBid: Collaboration, Vendor Bidding, Vendor Maintained Profiles, Vendor Performance Rating, Procurement.
Target customer size
sourceit's typical customers include: Small, medium and large size businesses, and DeltaBid's target customer size include: Small, medium and large size businesses.