Compare Spendwise and SAP Sourcing - Jun 2022

Shlomi Lavi

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Bottom Line: Which is Better - Spendwise or SAP Sourcing?

SAP Sourcing is more expensive to implement (TCO) than Spendwise, and Spendwise is rated higher (88/100) than SAP Sourcing (58/100).

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. SAP

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!

SAP: SAP ® AG is German software corporation that makes enterprise software to manage business operations and customer relations. SAP ® is the market leader in enterprise application software. The company's best-known software products are its enterprise resource planning application (SAP ® ERP), its enterpr...

Who is more expensive? Spendwise or SAP Sourcing?

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 SAP Sourcing.

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. SAP Sourcing accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Spendwise is rated 2, which is much lower than the average cost of Procurement software.

Bottom line: SAP Sourcing is more expensive than Spendwise.

Which software includes more/better features?

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

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

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

Target customer size

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