Shlomi Lavi /
Apr 06, 2022
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Bottom Line: Which is Better - Suppliersoft or VendorInsight?
VendorInsight is more expensive to implement (TCO) than Suppliersoft, and VendorInsight is rated higher (73/100) than Suppliersoft (58/100). Suppliersoft offers users more features (3) than VendorInsight (0).
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. Cost Management Performance Group
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...
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? Suppliersoft 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 Suppliersoft and VendorInsight.
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. VendorInsight 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: VendorInsight is more expensive than Suppliersoft.
Which software includes more/better features?
We've compared Suppliersoft Vs. VendorInsight based on some of the most important and required Vendor Management features.
Suppliersoft: Data Import/Export, Basic Reports, Online Customer Support.
VendorInsight: We are still working to collect the list of features for VendorInsight.
Target customer size
Customers of the software include small and medium businesses as well as large enterprises. and VendorInsight's target customer size include: Small, medium and large size businesses.