Compare Corcentric and SynerTrade - Dec 2022

Shlomi Lavi

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Bottom Line: Which is Better - Corcentric or SynerTrade?

SynerTrade is more expensive to implement (TCO) than Corcentric, and SynerTrade is rated higher (90/100) than Corcentric (83/100). SynerTrade offers users more features (6) than Corcentric (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:

b-pack, Inc. Vs. SynerTrade

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...

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? Corcentric 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 Corcentric and SynerTrade.

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. 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 Corcentric.

Which software includes more/better features?

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

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

SynerTrade: Budget & Expense Management, Collaboration, Supplier Risk Management, Procurement, PO: Purchase orders.

Target customer size

Customers of the software include businesses of all sizes with backgrounds in a variety of major industries. and SynerTrade's target customer size include: Medium and large size businesses.