Compare 3rdWave and FinancialForce ERP - May 2022

Shlomi LaviShlomi Lavi / May 26, 2022

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Bottom Line: Which is Better - 3rdWave or FinancialForce ERP?

3rdWave is more expensive to implement (TCO) than FinancialForce ERP, and 3rdWave is rated higher (85/100) than FinancialForce ERP (84/100). FinancialForce ERP offers users more features (16) 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. Financial Force

3rdwave: An exceptional global trade management platform for Importers, Exporters, Logistics Teams, and Trade Compliance professionals.

Financial Force: FinancialForce.com is the cloud applications company. We focus 100% on building business applications for Force.com, the world’s leading cloud computing platform from salesforce.com. Our applications include Accounting, Billing, Professional Services Automation (PSA) and Services Resource Planning (SRP). We serve fast-growing organizations as well...

Who is more expensive? 3rdWave or FinancialForce ERP?

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 FinancialForce ERP.

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. FinancialForce ERP price starts at $175 per month , When comparing FinancialForce ERP to its competitors, the software is rated 2 - much lower than the average Procurement software cost.

Bottom line: 3rdWave is more expensive than FinancialForce ERP.

Which software includes more/better features?

We've compared 3rdWave Vs. FinancialForce ERP 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.

FinancialForce ERP: Budget & Expense Management, Project Management, Resource Management, Project Portfolio Management, Expense Management.

Target customer size

3rdWave's typical customers include: Small, medium and large size businesses, Customers of the software include businesses of all sizes and a variety of types.

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.

FinancialForce ERP

ITQlick rating
(3.3/5)

starts at $175 per month

FinancialForce ERP is an enterprise resource planning solution for businesses of all sizes. Its services include supply chain management, service automation, order and billing, financial management, and ...

Categories: Budgeting & CPM, Time and Attendance, Procurement, Project Management, Project Budgeting.

Compare specifications

Compare features

3rdWave: 8 Features

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

FinancialForce ERP: 16 Features

Budget & Expense Management
Project Management
Resource Management
Project Portfolio Management
Expense Management
Time Tracking
Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Purchase Orders
Financial reporting
Payment Management
Recurring Invoices
Time and Expense Tracking
Fixed Asset Management
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
Financia...
ITQlick rating
3.3/5
Score
84/100
Pricing
3/10
License pricing
$175 per month
Functionality
41
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

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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.