Compare 3rdWave and Ariba Contract - May 2022

Shlomi LaviShlomi Lavi / May 16, 2022

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 - 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.



3rdWave

ITQlick rating
(3.5/5)

starts at $1,995 per month

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.

Categories: Inventory Management, Work Order Management, Purchasing Management, Scheduling.

Ariba Contract

ITQlick rating
(4.6/5)

starts at $8,000 per license

SAP Ariba is a cloud-based Contract Management Software that offers cloud supply chain and e-procurement solutions for businesses of any size. The Ariba contract management tools are built to help companies to ...

Categories: Product Lifecycle Management, Compliance , Contact management, Procurement, Contract Management.

Compare specifications

Compare features

3rdWave: 8 Features

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

Ariba Contract Management: 13 Features

Audit Trail
Clause Libraries
Configurable Reports
Contract Compliance
Contract Modifications
Contract Renewals
Customizable Alerts
Dashboard
Document Repository
Link Contracts
Microsoft Word Integration
Templates
Track Changes
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
3rdWave
ITQlick rating
3.5/5
Score
85/100
Pricing
5/10
License pricing
$1,995 per month
Functionality
22
Compare
Ariba Co...
ITQlick rating
4.6/5
Score
77/100
Pricing
5.2/10
License pricing
$8,000 per license
Functionality
19
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

Auditor - Shlomi Lavi

Website Linkedin profile Facebook Twitter

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.