Compare SynerTrade and Precoro - Jun 2022

Shlomi LaviShlomi 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.

SynerTrade

ITQlick rating
(4.1/5)

starts at $59 per user/month

SynerTrade Accelerate is a cloud-based supply chain management and procurement solution for medium and large enterprises. Its key features include catalog, contract, requisition, sourcing, spend, purchase order...

Categories: Accounts Receivable, Project Collaboration, Supplier Management, Procurement.

Precoro

ITQlick rating
(4.8/5)

starts at $35 per user/month

Precoro is cloud-based Procurement Software that allows managers to organize orders and send them to suppliers in an automated system.

Categories: Budgeting & CPM, Accounts Receivable, Inventory Management, Compliance , Purchasing Management.

Compare specifications

Compare features

SynerTrade: 6 Features

Budget & Expense Management
Collaboration
Supplier Risk Management
Procurement
PO: Purchase orders
Contract Management

Precoro: 6 Features

Procurement
PO: Purchase orders
Compliance
Contract Management
Supplier Management
Inventory Management
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
SynerTrade
ITQlick rating
4.1/5
Score
90/100
Pricing
10/10
License pricing
$59 per user/month
Functionality
16
Compare
Precoro
ITQlick rating
4.8/5
Score
88/100
Pricing
2.2/10
License pricing
$35 per user/month
Functionality
16
DXC Proc...
ITQlick rating
3.9/5
Score
92/100
Pricing
7/10
License pricing
Pricing not available
Functionality
4
DeltaBid
ITQlick rating
4.5/5
Score
89/100
Pricing
2/10
License pricing
$129 per user/month
Functionality
16
SCLogic ...
ITQlick rating
3.5/5
Score
86/100
Pricing
3.8/10
License pricing
Pricing not available
Functionality
5

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.