Compare VendorInsight and Suppliersoft - Apr 2022

Shlomi Lavi

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .

Bottom Line: Which is Better - VendorInsight or Suppliersoft?

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:

Cost Management Performance Group Vs. Suppliersoft

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...

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...

Who is more expensive? VendorInsight or Suppliersoft Procure-To-Pay?

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 VendorInsight and Suppliersoft Procure-To-Pay.

VendorInsight accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 VendorInsight is rated 6, which is similar to the average cost of Vendor Management software. Suppliersoft Procure-To-Pay price starts at $5 per month , When comparing Suppliersoft Procure-To-Pay to its competitors, the software is rated 4 - lower than the average Vendor Management software cost.

Bottom line: VendorInsight is more expensive than Suppliersoft Procure-To-Pay.

Which software includes more/better features?

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

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

Suppliersoft Procure-To-Pay: Data Import/Export, Basic Reports, Online Customer Support.

Target customer size

VendorInsight's typical customers include: Small, medium and large size businesses, Customers of the software include small and medium businesses as well as large enterprises.