Shlomi Lavi /
Mar 23, 2022
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Bottom Line: Which is Better - SynerTrade or sourceit?
SynerTrade is more expensive to implement (TCO) than sourceit, and SynerTrade is rated higher (90/100) than sourceit (76/100). SynerTrade offers users more features (6) than sourceit (5).
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. sourceit
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...
sourceit: sourceit manages RFQs and bids in one location simply and quickly, creating a better competitive environment. sourceit project manages milestones, artwork, variations and collaborative communications better. sourceit analyses every aspect of performance intelligence making for better decisions. sourceit delivers a better way to manage and order fro...
Who is more expensive? SynerTrade or sourceit?
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 sourceit.
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. sourceit price starts at $350 per month , When comparing sourceit to its competitors, the software is rated 2 - much lower than the average Procurement software cost.
Bottom line: SynerTrade is more expensive than sourceit.
Which software includes more/better features?
We've compared SynerTrade Vs. sourceit 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.
sourceit: Project Budgeting, Auction Management, Supplier Qualification, Procurement, Supplier Management.
Target customer size
SynerTrade's typical customers include: Medium and large size businesses, and sourceit's target customer size include: Small, medium and large size businesses.