Compare ProcureWare and SynerTrade - May 2022

Shlomi Lavi

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Bottom Line: Which is Better - ProcureWare or SynerTrade?

SynerTrade is more expensive to implement (TCO) than ProcureWare, and SynerTrade is rated higher (90/100) than ProcureWare (70/100). ProcureWare offers users more features (10) than SynerTrade (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:

Bentley Systems Inc Vs. SynerTrade

Bentley Systems Inc: Bentley is the global leader dedicated to providing architects, engineers, constructors, and owner-operators with comprehensive architecture and engineering software solutions for sustaining infrastructure. Founded in 1984, Bentley has nearly 3,000 colleagues in more than 45 countries, $500 million in annual revenues, and, since 2001, has invested ...

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? ProcureWare 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 ProcureWare and SynerTrade.

ProcureWare price starts at $12,500 per year , On a scale between 1 to 10 ProcureWare 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 ProcureWare.

Which software includes more/better features?

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

ProcureWare: Collaboration, Supplier Qualification, Supplier Risk Management, Supplier Web Portal, Vendor Maintained Profiles, Vendor Performance Rating, Vendor Self Service, Procurement.

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

Target customer size

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