Shlomi Lavi /
Mar 23, 2022
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Bottom Line: Which is Better - Coupa E-Procurement or SynerTrade?
SynerTrade is more expensive to implement (TCO) than Coupa E-Procurement, and SynerTrade is rated higher (90/100) than Coupa E-Procurement (78/100). SynerTrade offers users more features (6) 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. SynerTrade
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...
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? Coupa E-Procurement 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 Coupa E-Procurement and SynerTrade.
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. 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 Coupa E-Procurement.
Which software includes more/better features?
We've compared Coupa E-Procurement Vs. SynerTrade based on some of the most important and required Procurement features.
Coupa E-Procurement: Data Import/Export, Basic Reports, Online Customer Support.
SynerTrade: Budget & Expense Management, Collaboration, Supplier Risk Management, Procurement, PO: Purchase orders.
Target customer size
Coupa Procurement is suitable for a wide range of industries including healthcare, pharmaceuticals,
education, communication and non-profits. and SynerTrade's target customer size include: Medium and large size businesses.