Shlomi Lavi /
Oct 07, 2022
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Bottom Line: Which is Better - SynerTrade or SMART by GEP?
SynerTrade is more expensive to implement (TCO) than SMART by GEP, and SynerTrade is rated higher (90/100) than SMART by GEP (80/100). SMART by GEP offers users more features (26) 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. GEP Worldwide
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...
GEP Worldwide: GEP is a leading global provider of consulting, outsourcing and software to procurement and supply chain management teams at Fortune 500 and Global 2000 enterprises worldwide.
We deliver practical, effective solutions that enable procurement leaders to maximize their impact on business operations, strategy and financial performance.
GEP is on...
Who is more expensive? SynerTrade or SMART by GEP?
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 SMART by GEP.
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. SMART by GEP accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 SynerTrade is rated 10, which is much higher than the average cost of Procurement software.
Bottom line: SynerTrade is more expensive than SMART by GEP.
Which software includes more/better features?
We've compared SynerTrade Vs. SMART by GEP 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.
SMART by GEP: Batch Invoice Creation, Customer Management, Invoice Scheduling, Invoice Templates, Payment Management.
Target customer size
SynerTrade's typical customers include: Medium and large size businesses, Customers of the software include businesses of all sizes and a variety of types, including various Fortune 500 companies.