Compare Spendwise and Optimity - Oct 2022

Shlomi LaviShlomi Lavi / Oct 03, 2022

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Bottom Line: Which is Better - Spendwise or Optimity?

Optimity is more expensive to implement (TCO) than Spendwise, and Spendwise is rated higher (88/100) than Optimity (80/100).

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:

Spendwise Vs. Optimity

Spendwise: Our plan is to offer a full suite of online software and other back office solutions to businesses across the World. We are proud of what we have accomplished so far, grateful for the opportunity we have to serve our customers, and are excited about the future!

Optimity: By offering quick, easy, and fun activities that cover the five main pillars of health—physical, mental, social, financial, and nutritional—Optimity helps users improve their overall wellness, offering content to suit anyones health needs. Set your goals, track your progress, and receive personalized activity recommendations.

Who is more expensive? Spendwise or Optimity?

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 Spendwise and Optimity.

Spendwise price starts at $9 per user/month , On a scale between 1 to 10 Spendwise is rated 2, which is much lower than the average cost of Procurement software. Optimity price starts at $9.99 per month , When comparing Optimity to its competitors, the software is rated 2 - much lower than the average Procurement software cost.

Bottom line: Spendwise cost is around the same cost of Optimity.

Which software includes more/better features?

We've compared Spendwise Vs. Optimity based on some of the most important and required Procurement features.

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

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

Target customer size

Spendwise's typical customers include: Small, medium and large size businesses, and Optimity's target customer size include: Medium and large size businesses.



Spendwise

ITQlick rating
(4.5/5)

starts at $9 per user/month

Spendwise is a cloud-based Supply Chain Management software designed to make purchasing easy, fast and secure. This application allows you to create, send and approve quality purchase orders; receive on purchas...

Categories: Accounts Receivable, Inventory Management, Compliance , Maintenance Inventory Management.

Optimity

ITQlick rating
(2.8/5)

starts at $9.99 per month

Optimity is a supply chain management software that is developed to help medium and large scale companies in having total control over planning and scheduling.

Categories: Data Analysis Tools, Business performance management, Dashboards & KPIs, Feedback Management, Employee Engagement.

Compare specifications

Compare features

Spendwise: 0 Features

We are working to collect the list of features

Optimity: 0 Features

We are working to collect the information
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
Spendwise
ITQlick rating
4.5/5
Score
88/100
Pricing
2.4/10
License pricing
$9 per user/month
Functionality
8
Compare
Optimity
ITQlick rating
2.8/5
Score
80/100
Pricing
3/10
License pricing
$9.99 per month
Functionality
10
Zycus
ITQlick rating
2.8/5
Score
85/100
Pricing
10/10
License pricing
$59 per user/month
Functionality
3
Review
eBuyerAssist
ITQlick rating
5/5
Score
82/100
Pricing
6/10
License pricing
$34.95 per user/month
Functionality
23
Tradogram
ITQlick rating
4.6/5
Score
81/100
Pricing
2.4/10
License pricing
$18 per user/month
Functionality
19

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.