Compare 3rdWave and NextProcess - Sep 2022

Shlomi Lavi

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Bottom Line: Which is Better - 3rdWave or NextProcess?

3rdWave is more expensive to implement (TCO) than NextProcess, and 3rdWave is rated higher (85/100) than NextProcess (80/100). 3rdWave offers users more features (8) than NextProcess (0).

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. NextProcess

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

NextProcess: NextProcess brings a unique blend of technology and service expertise to the Procure to Pay ("P2P") marketplace. We have over 10 years of experience in the procurement, accounting, and technology fields. We harness the power of process automation and technological advances to create and support innovative tools which better serve your business. As ...

Who is more expensive? 3rdWave or NextProcess?

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 NextProcess.

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. NextProcess 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: 3rdWave cost is around the same cost of NextProcess.

Which software includes more/better features?

We've compared 3rdWave Vs. NextProcess 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.

NextProcess: We are still working to collect the list of features for NextProcess.

Target customer size

3rdWave's typical customers include: Small, medium and large size businesses, The Next Process software can work across industry of any speciality.