Shlomi Lavi /
May 16, 2022
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Bottom Line: Which is Better - Coupa E-Procurement or 3rdWave?
3rdWave is more expensive to implement (TCO) than Coupa E-Procurement, and 3rdWave is rated higher (85/100) than Coupa E-Procurement (78/100). 3rdWave offers users more features (8) than Coupa E-Procurement (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:
Coupa Software Vs. 3rdwave
Coupa Software: Founded in 2006, Coupa Software is the leading provider of cloud-based spend optimization software. More than 300 customers in 40 countries use the Coupa suite of cloud applications to amplify their spend power and reduce spending costs up to 11 percent. Only Coupa provides a true suite of cloud applications for finance, including procurement, expe...
3rdwave: An exceptional global trade management platform for Importers, Exporters, Logistics Teams, and Trade Compliance professionals.
Who is more expensive? Coupa E-Procurement 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 Coupa E-Procurement and 3rdWave.
Coupa E-Procurement price starts at $11 per user/month , On a scale between 1 to 10 Coupa E-Procurement 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 Coupa E-Procurement.
Which software includes more/better features?
We've compared Coupa E-Procurement Vs. 3rdWave based on some of the most important and required Procurement features.
Coupa E-Procurement: Data Import/Export, Basic Reports, Online Customer Support.
3rdWave: Inventory Management, Order Processing Management, Transportation Management, Logistics, Order Fulfillment.
Target customer size
Coupa Procurement is suitable for a wide range of industries including healthcare, pharmaceuticals,
education, communication and non-profits. and 3rdWave's target customer size include: Small, medium and large size businesses.