3rdWave Review - why 3.5 stars?

3rdWave Review
ITQlick Score: 85/100
ITQlick Rating:
Pricing: 5/10 - average cost
Category: Procurement -> 3rdWave review
Ranking:Ranked 9 out of 79 Procurement systems
Company: 3rdwave
Pricing: starts at $1,995 per month
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Mobile, Cloud
Links: 3rdWave pricing, 3rdWave alternatives
Shlomi LaviShlomi Lavi / updated: May 16, 2022

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What is 3rdWave?

3rdWave is a procurement software designed to help businesses experience the pinnacle of visibility. The software achieves this by validating and capturing supply chain data for a holistic view of operations. It also automates processes in place of manual entries and spreadsheets. Lastly, it centralizes supply chain for more control, thereby helping users make decisions faster and with certainty.

Some key features on 3rdWave are total landed cost management, demurrage & detention management, business intelligence & analytics, and automated ISF & customs entry self- filing. The software is designed by 3rdWave®, a logistics and supply chain company with a workforce of about 25 employees. The company was founded in 1988, and they are based in Toronto, Ontario, Canada.

Who is it best for?

The typical customers include the following business size: Small, medium and large size businesses.

What is the actual cost?

The cost of license starts at $1,995 per month. ITQlick pricing score is 5 out of 10 (10 is most expensive). Access ITQlick pricing guide for 3rdWave. You can also find here pricing information from 3rdWave's website.

Pros

  • Its updated web interface is beautiful and very intuitive
  • The flow of processes is seamless and fast
  • The visibility it gives helps with cost management
  • Easy to navigate through with fast servers

Cons

  • A subtle accounting feature would be great on 3rdWave

How it stacks up?

Access a head to head analysis of 3rdWave vs alternative software solutions.
ITQlick rating
Score
Pricing
License pricing
Functionality
Review
Compare
3rdWave
ITQlick rating
3.5/5
Score
85/100
Pricing
5/10
License pricing
$1,995 per month
Functionality
22
Compare
DXC Proc...
ITQlick rating
3.9/5
Score
92/100
Pricing
7/10
License pricing
Pricing not available
Functionality
4
SynerTrade
ITQlick rating
4.1/5
Score
90/100
Pricing
10/10
License pricing
$59 per user/month
Functionality
16
DeltaBid
ITQlick rating
4.5/5
Score
89/100
Pricing
2/10
License pricing
$129 per user/month
Functionality
16
Precoro
ITQlick rating
4.8/5
Score
88/100
Pricing
2.2/10
License pricing
$35 per user/month
Functionality
16

Frequently Asked Questions (FAQs)

Is it the best Procurement system?

3rdWave is ranked 9 out of 79 software in their category (Procurement systems).

How they are rated on ITQlick?

The rating of 3rdWave is 3.5 stars out of 5 and the total score is 85 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, 3rdWave makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

Yes, you can access 3rdWave on your mobile/smart phone.

What should we ask during a demo session?

Differences between 3rdWave and alternatives?

The most popular alternatives to 3rdWave in 2023: DXC Procurement, SynerTrade, DeltaBid, Precoro, SCLogic Software. Access the complete competitors analysis here - 3rdWave VS Procurement Software alternatives.

Is 3rdWave right for you or your business?

3rdWave is fit for small, medium, and large-sized business enterprises. The software is designed for shipping & logistics companies, distribution companies, and manufacturing companies. Some of the businesses using 3rdWave are Vigilant Global Trade Services and MKDATA Services.

List of categories

Inventory Management
Work Order Management
Purchasing Management
Scheduling
Procurement
Contract Management
Order Fulfillment
PO: Purchase orders
Supply Chain
Logistics
Shipping
Supplier Management

List of features

Inventory Management
Order Processing Management
Transportation Management
Logistics
Order Fulfillment
Scheduling
Contract Management
Purchasing

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.