Compare 3rdWave and RedTail EDI - May 2022

Shlomi Lavi

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Bottom Line: Which is Better - 3rdWave or RedTail EDI?

RedTail EDI is more expensive to implement (TCO) than 3rdWave, and RedTail EDI is rated higher (92/100) than 3rdWave (85/100). 3rdWave offers users more features (8) than RedTail EDI (3).

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. RedTail Solutions, Inc.

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

RedTail Solutions, Inc.: RedTail Solutions, Inc. is a privately held company founded in 2000 with headquarters in Westborough, MA, just outside of Boston. RedTail Solutions delivers managed Electronic Data Interchange (EDI) and Global Data Synchronization (GDS) services for Trading Partner Collaboration to mid-sized suppliers.

Who is more expensive? 3rdWave or RedTail EDI?

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 RedTail EDI.

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. RedTail EDI price starts at $99 per month , When comparing RedTail EDI 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 RedTail EDI.

Which software includes more/better features?

We've compared 3rdWave Vs. RedTail EDI 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.

RedTail EDI: Data Import/Export, Basic Reports, Online Customer Support.

Target customer size

3rdWave's typical customers include: Small, medium and large size businesses, and RedTail EDI's target customer size include: Medium and large size businesses.