Compare Precoro and SynerTrade - Jun 2022

Shlomi Lavi

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Bottom Line: Which is Better - Precoro or SynerTrade?

SynerTrade is more expensive to implement (TCO) than Precoro, and SynerTrade is rated higher (90/100) than Precoro (88/100). 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:

Precoro Vs. SynerTrade

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.

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? Precoro 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 Precoro and SynerTrade.

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. 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 Precoro.

Which software includes more/better features?

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

Precoro: Procurement, PO: Purchase orders, Compliance , Contract Management, Supplier Management, Inventory Management.

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

Target customer size

Precoro's typical customers include: Small, medium and large size businesses, and SynerTrade's target customer size include: Medium and large size businesses.