Shlomi Lavi /
May 16, 2022
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Bottom Line: Which is Better - SynerTrade or 3rdWave?
SynerTrade is more expensive to implement (TCO) than 3rdWave, and SynerTrade is rated higher (90/100) than 3rdWave (85/100). 3rdWave offers users more features (8) 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:
SynerTrade Vs. 3rdwave
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...
3rdwave: An exceptional global trade management platform for Importers, Exporters, Logistics Teams, and Trade Compliance professionals.
Who is more expensive? SynerTrade 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 SynerTrade and 3rdWave.
SynerTrade price starts at $59 per user/month , On a scale between 1 to 10 SynerTrade is rated 10, which is much higher 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: SynerTrade is more expensive than 3rdWave.
Which software includes more/better features?
We've compared SynerTrade Vs. 3rdWave based on some of the most important and required Procurement features.
SynerTrade: Budget & Expense Management, Collaboration, Supplier Risk Management, Procurement, PO: Purchase orders, Contract Management.
3rdWave: Inventory Management, Order Processing Management, Transportation Management, Logistics, Order Fulfillment.
Target customer size
SynerTrade's typical customers include: Medium and large size businesses, and 3rdWave's target customer size include: Small, medium and large size businesses.