Shlomi Lavi /
Mar 23, 2022
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Bottom Line: Which is Better - Ariba Contract or SynerTrade?
SynerTrade is more expensive to implement (TCO) than Ariba Contract, and SynerTrade is rated higher (90/100) than Ariba Contract (77/100). Ariba Contract offers users more features (13) than SynerTrade (6).
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. SynerTrade
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...
SynerTrade: SynerTrade, the European Leading Provider of Purchasing Software and Consulting, provides solutions and expertise that fully empower purchasing.With 235 Customers, SynerTrade has in-depth knowledge of purchasing issues in numerous industries. SynerTrade has a broad international presence with a 115-person team based in France, Germany, Romania, the...
Who is more expensive? Ariba Contract or SynerTrade?
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 SynerTrade.
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. SynerTrade price starts at $59 per user/month , When comparing SynerTrade to its competitors, the software is rated 10 - much higher than the average Procurement software cost.
Bottom line: SynerTrade is more expensive than Ariba Contract.
Which software includes more/better features?
We've compared Ariba Contract Vs. SynerTrade 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.
SynerTrade: Budget & Expense Management, Collaboration, Supplier Risk Management, Procurement, PO: Purchase orders.
Target customer size
Ariba Contract's typical customers include: Start up, Small business, Medium business, Large business, and SynerTrade's target customer size include: Medium and large size businesses.