Compare Corcentric and 3rdWave - Dec 2022

Shlomi LaviShlomi Lavi / Dec 16, 2022

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

Corcentric is more expensive to implement (TCO) than 3rdWave, and 3rdWave is rated higher (85/100) than Corcentric (83/100). 3rdWave offers users more features (8) than Corcentric (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:

b-pack, Inc. Vs. 3rdwave

b-pack, Inc.: After working 10 years for Schneider Electric, and using ERP solutions which weren't designed for purchasing and collaboration, Julien Nadaud founded b-pack in 2000. b-pack was created to help organizations reduce costs by optimizing their purchasing activities and spend management. Our flexible purchase to pay software includes sourcing, contr...

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

Who is more expensive? Corcentric 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 Corcentric and 3rdWave.

Corcentric accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 b-pack is rated 8, which is higher 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: Corcentric is more expensive than 3rdWave.

Which software includes more/better features?

We've compared Corcentric Vs. 3rdWave based on some of the most important and required Procurement features.

Corcentric: Fixed Asset Management, Auction Management, Inventory Management.

3rdWave: Inventory Management, Order Processing Management, Transportation Management, Logistics, Order Fulfillment.

Target customer size

Customers of the software include businesses of all sizes with backgrounds in a variety of major industries. and 3rdWave's target customer size include: Small, medium and large size businesses.

Corcentric

ITQlick rating
(2.8/5)

b-pack is a procurement management solution for businesses of all sizes. Other than procurement management, it also offers real time budget management, performance monitoring, integration, and other cap...

Categories: Supplier Management, Purchasing Management, Procurement, Contract Management.

3rdWave

ITQlick rating
(3.5/5)

starts at $1,995 per month

3rdWave is a procurement software designed to help businesses experience the pinnacle of visibility. The software achieves this by validating and capturing supply chain data for a holistic view of operations.

Categories: Inventory Management, Work Order Management, Purchasing Management, Scheduling, Procurement.

Compare specifications

Compare features

Corcentric: 3 Features

Fixed Asset Management
Auction Management
Inventory Management

3rdWave: 8 Features

Inventory Management
Order Processing Management
Transportation Management
Logistics
Order Fulfillment
Scheduling
Contract Management
Purchasing
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Corcentr...
ITQlick rating
2.8/5
Score
83/100
Pricing
9.6/10
License pricing
Pricing not available
Functionality
9
Compare
3rdWave
ITQlick rating
3.5/5
Score
85/100
Pricing
5/10
License pricing
$1,995 per month
Functionality
22
DXC Proc...
ITQlick rating
3.9/5
Score
92/100
Pricing
7/10
License pricing
Pricing not available
Functionality
4
SynerTrade
ITQlick rating
4.1/5
Score
90/100
Pricing
10/10
License pricing
$59 per user/month
Functionality
16
DeltaBid
ITQlick rating
4.5/5
Score
89/100
Pricing
2/10
License pricing
$129 per user/month
Functionality
16

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.