Compare Claritum and 3rdWave - Sep 2022

Shlomi Lavi

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

3rdWave is more expensive to implement (TCO) than Claritum, and 3rdWave is rated higher (85/100) than Claritum (80/100). Both tools offer the same amount of features.

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:

Claritum Vs. 3rdwave

Claritum: Claritum helps some of the world’s largest enterprises, leading businesses and fastest-growing service providers control their complex expenditure. We’ve been doing it since 2002 and you know what? We love it! Over 90,000 users in 28 countries rely on us to deliver significant and measurable savings for their complex spends. Software as a Servic...

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

Who is more expensive? Claritum 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 Claritum and 3rdWave.

Claritum accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Claritum is rated 2, which is much 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: 3rdWave is more expensive than Claritum.

Which software includes more/better features?

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

Claritum: Supplier Management, Shipping, Vendor Bidding, Vendor Maintained Profiles, Vendor Performance Rating, Order Fulfillment, Content Management, Inventory Management.

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

Target customer size

Customers of the software include small and medium businesses as well as large enterprises. and 3rdWave's target customer size include: Small, medium and large size businesses.