Compare Suppliersoft and SimpleVMS - Jan 2024

Shlomi LaviShlomi Lavi / Jan 19, 2024

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Bottom Line: Which is Better - Suppliersoft or SimpleVMS?

Suppliersoft is more expensive to implement (TCO) than SimpleVMS, and SimpleVMS is rated higher (82/100) than Suppliersoft (58/100). SimpleVMS offers users more features (8) than Suppliersoft (3). 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:

Suppliersoft Vs. SimpleVMS

Suppliersoft: SupplierSoft, a pioneer in cloud-computing based Supplier Relationship Management (SRM) solutions, helps companies automate any and all supplier-facing business processes. SupplierSoft solution suite includes Environmental Compliance (RoHS/REACH), Procure-To-Pay, Supplier Risk Management, Supplier Contract Management, Corrective and Preventive Acti...

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...

Who is more expensive? Suppliersoft or SimpleVMS?

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 Suppliersoft and SimpleVMS.

Suppliersoft price starts at $5 per month , On a scale between 1 to 10 Suppliersoft Procure-To-Pay is rated 4, which is lower than the average cost of Vendor Management software. SimpleVMS accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Suppliersoft Procure-To-Pay is rated 4, which is lower than the average cost of Vendor Management software.

Bottom line: Suppliersoft cost is around the same cost of SimpleVMS.

Which software includes more/better features?

We've compared Suppliersoft Vs. SimpleVMS based on some of the most important and required Vendor Management features.

Suppliersoft: Data Import/Export, Basic Reports, Online Customer Support.

SimpleVMS: Governance, Risk and Compliance (GRC), Time Tracking, Employee Performance Management, Workforce Management, Forecasting & Budgeting.

Target customer size

Customers of the software include small and medium businesses as well as large enterprises.

SimpleVMS’s typical customers are businesses of all sizes that need to hire, track, and pay temporary workers from various staffing agencies.

Suppliersoft

ITQlick rating
(3.5/5)

starts at $5 per month

SupplierSoft Procure-To-Pay is a web based supplier and procurement management solution for businesses of all sizes. Its capabilities include lead time management, invoicing, quote management, and others. The s...

Categories: Accounting & Finance, Core Accounting, Team Collaboration.

SimpleVMS

ITQlick rating
(4.9/5)

SimpleVMS is a web-based Vendor Management System (VMS) that helps you manage your contingent workforce efficiently and cost-effectively. It is designed for businesses of all sizes that need to hire, track, and...

Categories: Budgeting & CPM, Dashboards & KPIs, Expense Management, Workforce Management, Compliance .

Compare specifications

Compare features

Suppliersoft: 3 Features

Data Import/Export
Basic Reports
Online Customer Support

SimpleVMS: 8 Features

Governance, Risk and Compliance (GRC)
Time Tracking
Employee Performance Management
Workforce Management
Forecasting & Budgeting
BI & Analytics
Dashboards & KPIs
Expense Management
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
Supplier...
ITQlick rating
3.5/5
Score
58/100
Pricing
4.6/10
License pricing
$5 per month
Functionality
6
Compare
SimpleVMS
ITQlick rating
4.9/5
Score
82/100
Pricing
4/10
License pricing
Pricing not available
Functionality
15
RiskRate
ITQlick rating
2.8/5
Score
77/100
Pricing
2/10
License pricing
$5,000 per year
Functionality
9
Latitude...
ITQlick rating
4.8/5
Score
75/100
Pricing
6/10
License pricing
Pricing not available
Functionality
19
VendorInsight
ITQlick rating
4.5/5
Score
73/100
Pricing
6/10
License pricing
Pricing not available
Functionality
5

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.