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description: Review of What's The Price Software: system overview, features, price and cost information. Get free demos and compare to similar programs.
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title: What's The Price | Reviews, Pricing & Demos - SoftwareAdvice GB
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# What's The Price

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> What’s The Price (WTP) is a tool designed to offer insights into product cost structures. It provides real-time data on over 3,000 raw materials, covering 365 industries across 160 countries.&#10;&#10;Utilising the potential of big data, WTP simplifies the product cost analysis process. It addresses the traditional challenges of should-costing, which often requires extended periods, by offering a method that can be completed in approximately 5 minutes.&#10;&#10;WTP presents data on the price trends of essential raw materials, including plastics, woods, and metals. This information is particularly useful for category managers, as it reduces the time typically spent on researching raw material pricing, facilitating a more informed approach during supplier interactions.&#10;&#10;Each industry has specific cost drivers that influence product pricing. WTP's database contains these drivers, making it easier for users to identify factors that have a considerable impact on a product's cost when preparing for negotiations.&#10;&#10;The tool also considers the role of volume in pricing. WTP provides calculations that detail the effects of volume variations, equipping users with this knowledge as they prepare for discussions with suppliers.&#10;&#10;Additionally, WTP has a feature that generates a concise one-pager. This document is intended to serve as a reference during supplier discussions, helping procurement professionals base their conversations on factual data.
> 
> Verdict: Rated **4.1/5** by 9 users. Top-rated for **Likelihood to recommend**.

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## Quick Stats & Ratings

| Metric | Rating | Detail |
| **Overall** | **4.1/5** | 9 Reviews |
| Ease of Use | 4.0/5 | Based on overall reviews |
| Customer Support | 4.6/5 | Based on overall reviews |
| Value for Money | 4.2/5 | Based on overall reviews |
| Features | 4.1/5 | Based on overall reviews |
| Recommendation percentage | 80% | (8/10 Likelihood to recommend) |

## About the vendor

- **Company**: Buynamics

## Commercial Context

- **Starting Price**: US$20,000.00
- **Pricing model**: Per User (Free Trial)
- **Pricing Details**: Based on annual spend
- **Target Audience**: 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+
- **Deployment & Platforms**: Cloud, SaaS, Web-based
- **Supported Languages**: English, French, German
- **Available Countries**: Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua & Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium and 204 more

## Features

- API
- Activity Dashboard
- Activity Tracking
- Alerts/Escalation
- Alerts/Notifications
- Catalog Management
- Customisable Reports
- Customisable Templates
- Data Blending
- Data Discovery
- Data Extraction
- Data Import/Export
- Data Migration
- Data Visualisation
- Database Support
- Industry Specific Database
- Multi-Currency
- Multi-Location
- Multiple Data Sources
- Real-Time Analytics

## Support Options

- Email/Help Desk
- Knowledge Base
- Phone Support

## Category

- [Simulation Software](https://www.softwareadvice.co.uk/directory/4162/simulation/software)

## Related Categories

- [Simulation Software](https://www.softwareadvice.co.uk/directory/4162/simulation/software)
- [Big Data Software](https://www.softwareadvice.co.uk/directory/3299/big-data/software)
- [Sourcing Software](https://www.softwareadvice.co.uk/directory/250/strategic-sourcing-software/software)
- [Procurement Software](https://www.softwareadvice.co.uk/directory/249/procurement-software/software)
- [Purchasing Software](https://www.softwareadvice.co.uk/directory/528/purchase-order/software)

## Alternatives

1. [Wolfram Mathematica](https://www.softwareadvice.co.uk/software/98129/wolfram-mathematica) — 4.6/5 (169 reviews)
2. [Google Cloud](https://www.softwareadvice.co.uk/software/172144/google-cloud-platform) — 4.7/5 (2262 reviews)
3. [Minitab](https://www.softwareadvice.co.uk/software/81798/minitab) — 4.5/5 (388 reviews)
4. [Microsoft Power BI](https://www.softwareadvice.co.uk/software/23530/microsoft-power-bi) — 4.6/5 (1870 reviews)
5. [Zoho Analytics](https://www.softwareadvice.co.uk/software/393551/zoho-analytics) — 4.4/5 (360 reviews)

## Reviews

### "Quality meets expectations. However, there are several parts that could be made more user-friendly." — 4.0/5

> **Michiel** | *7 June 2022* | Shipbuilding | Recommendation rating: 8.0/10
> 
> **Pros**: Overview of different raw materials and international character to it.&#10;In our industry is very interesting.
> 
> **Cons**: The usability is sometimes a bit complex. Certain templates can be set up more easily. Perhaps with certain standard power searches it will make it easier.
> 
> Satisfied, but in some templates the software can be set up more easily. Furthermore, the program offers a lot of material for purchasing\!

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### "Gebruiksvriendelijke tool voor tracken grondstofprijzen" — 4.0/5

> **Chris** | *21 March 2023* | Wholesale | Recommendation rating: 9.0/10
> 
> **Pros**: Enorme diversiteit aan grondstoffen en commodities die gevolgd worden.Zeer gebruiksvriendelijk en dus gemakkelijk om snel inzichtelijk te krijgen hoe grondstofprijzen bewegen.
> 
> **Cons**: Slechts 1x per maand een update van prijzen van grondstoffen.Op bepaalde grondstof categorieën (hout) beperktere keuze aan te volgen commodities.

-----

### "still things to learn" — 3.0/5

> **Ron** | *10 June 2022* | Civil Engineering | Recommendation rating: 6.0/10
> 
> **Pros**: comparable charts in one graphic. Good to see the % in one page
> 
> **Cons**: I miss a lot of products in my field of work
> 
> for what i know , so far so good but i want to learn more

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### "WTP - The expert on my side" — 4.0/5

> **Valerio** | *16 February 2023* | Wholesale | Recommendation rating: 8.0/10
> 
> **Pros**: User friendly, quick and customized reports
> 
> **Cons**: Selecting the right industry not always easy. Maybe the selection could be also made the other way around, entering supplier parameters (Direct material, Direct labour, cost overhead, etc.) getting industry options out of that.
> 
> In general very positive. It is becoming a MUST before negotiations and really I do not know how people could handle negotiations based on facts without similar tools.

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### "Inkoopprijzen beoordelen met behulp van WTP." — 4.0/5

> **Annet** | *22 March 2023* | Retail | Recommendation rating: 7.0/10
> 
> **Pros**: Actuele prijzen van heel veel grondstoffen.Direct duidelijke grafieken en rapportages.
> 
> **Cons**: Lastig om juiste grondstoffen van artikelen te vinden of op te vragen bij fabrikanten.
> 
> Wij gebruiken WTP bij het analyseren van inkoopprijzen en prijswijzigingen. Het is handig dat je kunt instellen dat je regelmatig rapportages ontvangt met de voor jou belangrijkste grondstofprijswijzigingen.

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## Links

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| en | <https://www.softwareadvice.com/scm/whats-the-price-profile/> |
| en-AU | <https://www.softwareadvice.com.au/software/355378/whats-the-price> |
| en-GB | <https://www.softwareadvice.co.uk/software/355378/whats-the-price> |
| en-IE | <https://www.softwareadvice.ie/software/355378/whats-the-price> |
| en-NZ | <https://www.softwareadvice.co.nz/software/355378/whats-the-price> |

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