Compare 3rdWave and Global Trade - May 2022

Shlomi Lavi

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Bottom Line: Which is Better - 3rdWave or Global Trade?

Global Trade is more expensive to implement (TCO) than 3rdWave, and Global Trade is rated with the same score (85/100) as 3rdWave (85/100). 3rdWave offers users more features (8) than Global Trade (3). There is a clear winner in this case and it is 3rdWave!

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. AMBER ROAD

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

AMBER ROAD: Amber Road is the world's leading provider of on-demand Global Trade Management (GTM) software and solutions. The company currently has over 15,000 global users in a variety of industries, including 3PLs, ocean carriers, brokers, manufacturers, retailers, and high technology companies.

Who is more expensive? 3rdWave or Global Trade 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 Global Trade 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. Global Trade Management accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 3rdWave is rated 4, which is lower than the average cost of Procurement software.

Bottom line: Global Trade Management is more expensive than 3rdWave.

Which software includes more/better features?

We've compared 3rdWave Vs. Global Trade 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.

Global Trade Management: Data Import/Export, Basic Reports, Online Customer Support.

Target customer size

3rdWave's typical customers include: Small, medium and large size businesses, and Global Trade Management's target customer size include: Small, medium and large size businesses.