Compare Fastrac and SynerTrade - Mar 2022

Shlomi Lavi

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .

Bottom Line: Which is Better - Fastrac or SynerTrade?

SynerTrade is more expensive to implement (TCO) than Fastrac, and SynerTrade is rated higher (90/100) than Fastrac (53/100). SynerTrade offers users more features (6) than Fastrac (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:

Vtls Vs. SynerTrade

Vtls: VTLS is a leading global company that creates Visionary Technology in Library Solutions. We provide these solutions to a diverse customer base of more than 900 libraries in 37 countries. As providers of library solutions for more than 30 years, VTLS has a deep and broad knowledge of the current needs of libraries and information centers. At the sam...

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? Fastrac 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 Fastrac and SynerTrade.

Fastrac accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Fastrac is rated 4, which is 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 Fastrac.

Which software includes more/better features?

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

Fastrac: Data Import/Export, Basic Reports, Online Customer Support.

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

Target customer size

Fastrac's typical customers include: Start up, Small business, Medium business, Large business, and SynerTrade's target customer size include: Medium and large size businesses.