Shlomi Lavi /
May 16, 2022
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Bottom Line: Which is Better - Ariba Contract or 3rdWave?
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:
Ariba Vs. 3rdwave
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...
3rdwave: An exceptional global trade management platform for Importers, Exporters, Logistics Teams, and Trade Compliance professionals.
Who is more expensive? Ariba Contract or 3rdWave?
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 Ariba Contract and 3rdWave.
Ariba Contract price starts at $8,000 per license , On a scale between 1 to 10 Ariba Contract Management is rated 4, which is lower than the average cost of Procurement software. 3rdWave price starts at $1,995 per month , When comparing 3rdWave to its competitors, the software is rated 4 - lower than the average Procurement software cost.
Bottom line: Ariba Contract cost is around the same cost of 3rdWave.
Which software includes more/better features?
We've compared Ariba Contract Vs. 3rdWave based on some of the most important and required Procurement features.
Ariba Contract: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Audit Trail, Clause Libraries, Configurable Reports, Contract Compliance, Contract Modifications, Contract Renewals, Customizable Alerts, Dashboard.
3rdWave: Inventory Management, Order Processing Management, Transportation Management, Logistics, Order Fulfillment.
Target customer size
Ariba Contract's typical customers include: Start up, Small business, Medium business, Large business, and 3rdWave's target customer size include: Small, medium and large size businesses.