Compare Precoro and 3rdWave - Jun 2022
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Bottom Line: Which is Better - Precoro or 3rdWave?
3rdWave is more expensive to implement (TCO) than Precoro, and Precoro is rated higher (88/100) than 3rdWave (85/100). 3rdWave offers users more features (8) than Precoro (6).
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:
Precoro Vs. 3rdwave
Precoro: Precoro is a robust procure-to-pay system for your business. Automated purchasing, simple sourcing and spend analytics — all in one easy-to-use platform.
3rdwave: An exceptional global trade management platform for Importers, Exporters, Logistics Teams, and Trade Compliance professionals.
Who is more expensive? Precoro 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 Precoro and 3rdWave.
Precoro price starts at $35 per user/month , On a scale between 1 to 10 Precoro 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 Precoro.
Which software includes more/better features?
We've compared Precoro Vs. 3rdWave based on some of the most important and required Procurement features.
Precoro: Procurement, PO: Purchase orders, Compliance , Contract Management, Supplier Management, Inventory Management.
3rdWave: Inventory Management, Order Processing Management, Transportation Management, Logistics, Order Fulfillment.
Target customer size
Precoro's typical customers include: Small, medium and large size businesses, and 3rdWave's target customer size include: Small, medium and large size businesses.
Compare specifications
Precoro Specifications
ITQlick Score: | 88/100 |
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ITQlick Rating: |
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Pricing: | 2/10 - low cost |
Category: | Procurement -> Precoro review |
Company: | Precoro |
Pricing: | starts at $35 per user/month |
Typical customers: | Small, medium and large size businesses |
Platforms: | Desktop, Mobile, Cloud |
Links: | Precoro review, Precoro pricing, Precoro alternatives |
3rdWave Specifications
ITQlick Score: | 85/100 |
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ITQlick Rating: |
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Pricing: | 4/10 - average cost |
Category: | Procurement -> 3rdWave review |
Company: | 3rdwave |
Pricing: | starts at $1,995 per month |
Typical customers: | Small, medium and large size businesses |
Platforms: | Desktop, Mobile, Cloud |
Links: | 3rdWave review, 3rdWave pricing, 3rdWave alternatives |
Compare features
Precoro: 6 Features
3rdWave: 8 Features
Auditor - Shlomi Lavi
Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.