Shlomi Lavi /
Jun 07, 2022
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Bottom Line: Which is Better - SynerTrade or Precoro?
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:
SynerTrade Vs. Precoro
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...
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.
Who is more expensive? SynerTrade or Precoro?
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 Precoro.
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. Precoro price starts at $35 per user/month , When comparing Precoro to its competitors, the software is rated 2 - much lower than the average Procurement software cost.
Bottom line: SynerTrade is more expensive than Precoro.
Which software includes more/better features?
We've compared SynerTrade Vs. Precoro 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.
Precoro: Procurement, PO: Purchase orders, Compliance , Contract Management, Supplier Management.
Target customer size
SynerTrade's typical customers include: Medium and large size businesses, and Precoro's target customer size include: Small, medium and large size businesses.