Shlomi Lavi /
Apr 10, 2024
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Bottom Line: Which is Better - SynerTrade or NetSuite?
SynerTrade is more expensive to implement (TCO) than NetSuite, and NetSuite is rated higher (100/100) than SynerTrade (90/100). SynerTrade offers users more features (6) than NetSuite (0).
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. Oracle
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...
Oracle: With more than 380,000 customers—including 100 of the Fortune 100—and with deployments across a wide variety of industries in more than 145 countries around the globe, Oracle offers an optimized and fully integrated stack of business hardware and software systems. Oracle engineers hardware and software to work together in the cloud and in your data...
Who is more expensive? SynerTrade or NetSuite?
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 NetSuite.
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. NetSuite price starts at $99 per user/month + $999 per month for the platform fee , When comparing NetSuite to its competitors, the software is rated 6 - similar to the average Procurement software cost.
Bottom line: SynerTrade is more expensive than NetSuite.
Which software includes more/better features?
We've compared SynerTrade Vs. NetSuite 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.
NetSuite: We are still working to collect the list of features for NetSuite.
Target customer size
SynerTrade's typical customers include: Medium and large size businesses, and NetSuite's target customer size include: Start up, Small business, Medium business, Large business.