Shlomi Lavi /
May 16, 2022
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Bottom Line: Which is Better - 3rdWave or Ariba Contract?
Ariba Contract is more expensive to implement (TCO) than 3rdWave, and 3rdWave is rated higher (85/100) than Ariba Contract (77/100). Ariba Contract offers users more features (13) than 3rdWave (8).
Looking for the right Procurement 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:
3rdwave Vs. Ariba
3rdwave: An exceptional global trade management platform for Importers, Exporters, Logistics Teams, and Trade Compliance professionals.
Ariba: Ariba is an SAP company. Every day, we help our customers find opportunities to cut costs, reduce risk, and grow revenue through better collaboration with trading partners. We enable that collaboration through the Ariba Network — a cloud-based community where you’ll find buying, selling, and managing cash to be as easy as using Amazon, eBay, and Pa...
Who is more expensive? 3rdWave or Ariba Contract Management?
The real total cost of ownership (TCO) of Procurement 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 3rdWave and Ariba Contract Management.
3rdWave price starts at $1,995 per month , On a scale between 1 to 10 3rdWave is rated 4, which is lower than the average cost of Procurement software. Ariba Contract Management price starts at $8,000 per license , When comparing Ariba Contract Management to its competitors, the software is rated 4 - lower than the average Procurement software cost.
Bottom line: 3rdWave cost is around the same cost of Ariba Contract Management.
Which software includes more/better features?
We've compared 3rdWave Vs. Ariba Contract based on some of the most important and required Procurement features.
3rdWave: Inventory Management, Order Processing Management, Transportation Management, Logistics, Order Fulfillment, Scheduling, Contract Management, Purchasing.
Ariba Contract Management: Audit Trail, Clause Libraries, Configurable Reports, Contract Compliance, Contract Modifications.
Target customer size
3rdWave's typical customers include: Small, medium and large size businesses, and Ariba Contract Management's target customer size include: Start up, Small business, Medium business, Large business.